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Kroger vs Pepsico: revenue, profit, margins and growth compared

Kroger brought in $147.6B of revenue in fiscal 2025, Pepsico $93.9B in fiscal 2025. Revenue changed by +0.4% at Kroger and +2.3% at Pepsico on the year before, so Pepsico grew faster. Kroger kept 0.7% of its revenue as net profit, Pepsico 8.8%. Free cash flow was $3.5B at Kroger and $7.7B at Pepsico.

Side by side, latest fiscal year

KRPEP
Fiscal year endedFY2025 (January 31, 2026)FY2025 (December 27, 2025)
Revenue$147.6B$93.9B
Revenue growth+0.4%+2.3%
Net income$1B$8.2B
Net margin0.7%8.8%
Free cash flow$3.5B$7.7B
Free cash flow margin2.3%8.2%
Earnings per share (diluted)$1.54$6.00
Cash$3.3B$9.2B
Debt$15.9B$46.4B
Price to earnings38.121.4
Market value$36B$175.6B
Dividend yield2.33%4.37%
Rank by revenue in sector#2 of 93 · Consumer staples#3 of 93 · Consumer staples

Over the years

Revenue
KR FY2018: $121.9BKR FY2019: $122.3BKR FY2020: $132.5BKR FY2021: $137.9BKR FY2022: $148.3BKR FY2024: $150BKR FY2025: $147.1BKR FY2025: $147.6BPEP FY2018: $64.7BPEP FY2019: $67.2BPEP FY2020: $70.4BPEP FY2021: $79.5BPEP FY2022: $86.4BPEP FY2023: $91.5BPEP FY2024: $91.9BPEP FY2025: $93.9BFY18FY19FY20FY21FY22FY23FY24FY25
KR $147.6BPEP $93.9B
Net income
KR FY2018: $3.1BKR FY2019: $1.7BKR FY2020: $2.6BKR FY2021: $1.7BKR FY2022: $2.2BKR FY2024: $2.2BKR FY2025: $2.7BKR FY2025: $1BPEP FY2018: $12.5BPEP FY2019: $7.3BPEP FY2020: $7.1BPEP FY2021: $7.6BPEP FY2022: $8.9BPEP FY2023: $9.1BPEP FY2024: $9.6BPEP FY2025: $8.2BFY18FY19FY20FY21FY22FY23FY24FY25
KR $1BPEP $8.2B
Net margin
KR FY2018: 2.6%KR FY2019: 1.4%KR FY2020: 2.0%KR FY2021: 1.2%KR FY2022: 1.5%KR FY2024: 1.4%KR FY2025: 1.8%KR FY2025: 0.7%PEP FY2018: 19.4%PEP FY2019: 10.9%PEP FY2020: 10.1%PEP FY2021: 9.6%PEP FY2022: 10.3%PEP FY2023: 9.9%PEP FY2024: 10.4%PEP FY2025: 8.8%FY18FY19FY20FY21FY22FY23FY24FY25
KR 0.7%PEP 8.8%
Revenue growth
KR FY2019: +0.4%KR FY2020: +8.4%KR FY2021: +4.1%KR FY2022: +7.5%KR FY2024: +1.2%KR FY2025: -1.9%KR FY2025: +0.4%PEP FY2019: +3.9%PEP FY2020: +4.8%PEP FY2021: +12.9%PEP FY2022: +8.7%PEP FY2023: +5.9%PEP FY2024: +0.4%PEP FY2025: +2.3%FY19FY20FY21FY22FY23FY24FY25
KR +0.4%PEP +2.3%
Free cash flow
KR FY2018: $1.2BKR FY2019: $1.5BKR FY2020: $4BKR FY2021: $3.6BKR FY2022: $1.4BKR FY2024: $2.9BKR FY2025: $1.8BKR FY2025: $3.5BPEP FY2018: $6.1BPEP FY2019: $5.4BPEP FY2020: $6.4BPEP FY2021: $7BPEP FY2022: $5.6BPEP FY2023: $7.9BPEP FY2024: $7.2BPEP FY2025: $7.7BFY18FY19FY20FY21FY22FY23FY24FY25
KR $3.5BPEP $7.7B

Fiscal years as each company reports them; the two may end in different months.

Questions about Kroger and Pepsico

Which is bigger by revenue, Kroger or Pepsico?

Kroger is bigger by revenue: $147.6B in fiscal 2025, against $93.9B for Pepsico in fiscal 2025.

Which keeps more of its revenue as profit, Kroger or Pepsico?

Kroger had a net margin of 0.7% in fiscal 2025; Pepsico had 8.8% in fiscal 2025.

Which grew revenue faster, Kroger or Pepsico?

In their latest fiscal years revenue changed by +0.4% at Kroger and +2.3% at Pepsico.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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