Who owns Propel?
Propel is owned by PepsiCo (the United States, NASDAQ: PEP).[1]
Key facts
- Current owner
- PepsiCo, Inc. verified
- Owned since
- Not recorded
- Previous owner
- None recorded
- Owner HQ
- 🇺🇸 United States, Purchase, New York
- Origin
- 🇺🇸 United States
- Founded
- 2000
- Category
- Beverages › Soft drinks › Sports & hydration drinks
- Parent ticker
- NASDAQ: PEP
- Last verified
- · 1 sources
About Propel
Propel is a zero-calorie electrolyte water launched in 2000 under the Gatorade umbrella, aimed at people who exercise but do not want the sugar of a sports drink. It effectively created the enhanced water category. PepsiCo owns it, and the format has since been copied widely by both beverage companies and supplement brands.
Ownership timeline of Propel
Where Propel sits in PepsiCo
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
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Other brands owned by PepsiCo in beverages
Latest news about Propel
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Frequently asked questions
Who is the parent company of Propel?
The parent company of Propel is PepsiCo, a publicly listed company headquartered in the United States.
Is Propel American?
Yes. Propel originated in the United States in 2000 and its owner, PepsiCo, is also headquartered in the United States.
Is Propel still owned by PepsiCo?
Yes. As of 6 September 2026, Propel is still owned by PepsiCo. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] PepsiCo, Inc. Annual Report on Form 10-K filed 2026-02-03 — SEC EDGAR, SEC Form 10-K, published 3 February 2026; retrieved 6 September 2026.
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