Our annual ranking of America's largest corporations

50 of 500
50. PepsiCo
Rank: 50 (Previous rank: 52)
CEO: Indra K. Nooyi
Compare tool: PepsiCo vs. Top 10
Call 2009 the year of the soda pop wars. PepsiCo acquired its two largest bottlers -- PepsiAmericas and Pepsi Bottling -- for $7.7 billion. Now it's facing off with Coca-Cola, which uses independent bottlers, to see which model prevails.

Both companies are suffering from declining demand as U.S. consumers switch to teas, juices and water. New consumers in emerging markets should also give PepsiCo a boost. But CEO Indra Nooyi is keeping expectations low, saying, "the age of thrift that we're seeing in consumers in the U.S. and Western Europe will continue in 2010." --J.S.

Subscribe to Fortune Magazine
Is PepsiCo a great company, or what?
Key financials $ millions % change
from 2008
Revenues 43,232.0 0.0
Profits 5,946.0 15.6
Assets 39,848.0
Stockholders' equity 16,908.0
Market value (3/26/2010) 110,052.6
Profits as % of  
Revenues 13.8
Assets 14.9
Stockholders' equity 35.2
Earnings per share  
2009 $ 3.77
% change from 2008 17.4
1999-2009 annual growth rate % 10.7
Total return to investors %
2009 14.6
1999-2009 annual rate 7.5
Rank Company 500
($ millions)
1 PepsiCo 50 43,232.0
2 Kraft Foods 53 40,386.0
3 General Mills 155 14,691.3
4 ConAgra Foods 178 12,980.8
5 Sara Lee 180 12,881.0
6 Kellogg 184 12,575.0
7 Dean Foods 208 11,158.4
8 Land O'Lakes 226 10,408.5
9 H.J. Heinz 233 10,148.1
10 Campbell Soup 299 7,586.0
11 Dole Food 331 6,782.7
12 Hormel Foods 340 6,533.7
13 Hershey 395 5,298.7
Issue date: May 3, 2010.
Figures do not include PepsiAmericas (2009 rank: 464) and Pepsi Bottling (2009 rank: 174), acquired March 1, 2010.
Galleries and videos
  • Hiring
    These 20 big employers have more than 60,000 job openings. What are they looking for in a new hire?
  • Women CEOs
    Ursula Burns, Xerox's new chief, is one of just 15 women leading Fortune 500 firms. Who else made the list?
  • A changing landscape
    See how revenues and profits at America's 25 largest companies have risen and fallen over the past decade.
  • Watch Wal-Mart grow
    From a single store in 1962 to more than 4,300 outlets today, see how the biggest retailer has expanded.
700 Anderson Hill Rd.
Purchase, NY 10577
Find your top companies
 High revenue growth  High profit growth
 High EPS growth  High return to investors
 Top 5 in its industry  Best company to work for
 Big employer  Small employer


Rank # of Fortune 500 Companies
California 57
Texas 57
New York 56
Company 2009 $ (millions)
Exxon Mobil $19,280.0
Microsoft $14,569.0
Wal-Mart Stores $14,335.0
FAQ and methodology
Included in the survey are U.S. incorporated companies filing financial statements with a government agency. This includes private companies... More
Current Issue
  • Give the gift of Fortune
  • Get the Fortune app
  • Subscribe

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.