The Coca-Cola Company (KO) vs PepsiCo Inc (PEP)

A side-by-side look at how these two compare on valuation, profitability and shareholder returns.

The Coca-Cola vs PepsiCo at a glance

Both companies operate in the Consumer Staples sector, so these figures are broadly like-for-like.

MetricKOPEP
Market cap$386.70B$193.12B
Price$89.66$141.07
P/E ratio (TTM)22.7123.63
P/B ratio (MRQ)9.259.54
P/S ratio (TTM)6.212.07
Revenue growth (1Y)1.87%2.25%
Return on equity (TTM)40.74%40.38%
Return on invested capital (TTM)14.55%15.38%
Gross margin (TTM)61.89%53.96%
Net margin (TTM)28.56%10.82%
Dividend yield (TTM)2.36%4.20%

How they differ

The Coca-Cola is the larger company at $386.70B versus $193.12B — about 2.0x the size.

On trailing earnings, The Coca-Cola is the cheaper of the two at 22.71 against 23.63 for PepsiCo.

On sales, PepsiCo is the cheaper of the two at 2.07 against 6.21 for The Coca-Cola.

PepsiCo leads on revenue growth over the past year, 2.25% against 1.87%.

PepsiCo leads on return on invested capital, 15.38% against 14.55%.

The Coca-Cola leads on gross margin, 61.89% against 53.96%.

PepsiCo offers the higher yield at 4.20% against 2.36%.

Go deeper

Ratios describe the past. Whether either is worth owning depends on what you pay today.

Related comparisons

Other matchups involving The Coca-Cola or PepsiCo.

Explore the full comparison