PepsiCo Inc (PEP) Amortization Expense: $151 Million for the quarter ended June 15th, 2024

Since the quarter ended March 20th, 2021, PepsiCo Inc's amortization expense has increased from $99 Million to $151 Million as of the quarter ended June 15th, 2024.

From 2021 to 2024 PepsiCo Inc's highest quarterly amortization expense was $186 Million
PepsiCo Inc's lowest amortization expense during that period was $99 Million
PepsiCo Inc's average amortization expense for each quarter from 2021 to 2024 PepsiCo Inc's was $134 Million
PepsiCo Inc's amortization expense during the Trailing Twelve Month (TTM) period was $600 Million

PepsiCo Inc's amortization expense during the quarter ended June 15th, 2024 of $151 Million was higher than its peers in the Beverages - Soft Drinks industry group during the quarter ended June 30th, 2024 of 25.7 Million. From March 20th, 2021 to June 15th, 2024, PepsiCo Inc's average amortization expense was 134 Million compared to an industry average of 14.2 Million.

About PepsiCo Inc

PepsiCo, Inc. engages in the manufacturing, marketing, distribution, and sale of beverages, foods, and snacks. It is a food and beverage company with a complementary portfolio of brands, including Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. It operates through the following segments: Frito-Lay North America; Quaker Foods North America; North America Beverages; Latin America; Europe Sub-Saharan Africa; and Asia, Middle East, and North Africa. The Frito-Lay North America segment markets, distributes, and sells snack foods under the Lay's, Doritos, Cheetos, Tostitos, Fritos, Ruffles, and Santitas brands. The Quaker Foods North America segment includes cereals, rice, and pasta under the Quaker, Aunt Jemima, Quaker Chewy, Cap'n Crunch, Life, and Rice-A-Roni brands. The North America Beverages segment consists of beverage concentrates, fountain syrups, and finished goods under various beverage brands such as Pepsi, Gatorade, Mountain Dew, Diet Pepsi, Aquafina, Diet Mountain Dew, Tropicana Pure Premium, Sierra Mist, and Mug. The Latin America segment covers beverage, food, and snack businesses in Latin America region. The Europe Sub-Saharan Africa segment comprises of beverage, food, and snack goods in Europe and Sub-Saharan Africa regions. The Asia, Middle East, and North Africa segment offers snack food products under the Lay's, Kurkure, Chipsy, Doritos, Cheetos, and Crunchy brands. The company was founded by Donald M. Kendall, Sr. and Herman W. Lay in 1965 and is headquartered in Purchase, NY.