Coca Cola vs PepsiCo
KO and PEP side by side, both in beverages. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How KO and PEP compare
Coca Cola is the larger company, worth 2.2 times as much as PepsiCo ($427B against $198B).
On earnings, PepsiCo is cheaper: it trades at 18.3× trailing earnings, against 29.2× for Coca Cola.
Coca Cola grew revenue faster over the last twelve months (7.1% versus 6.4% for PepsiCo).
Coca Cola keeps more of each dollar of sales as profit, with a net margin of 28.7% compared with 11.1% at PepsiCo.
Both pay dividends: Coca Cola yields 2.1% and PepsiCo 4.0%.
PepsiCo scores higher on the StockData Score (24 against 21 for Coca Cola), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | KO | PEP |
|---|---|---|
| Size and price | ||
| Market cap | $427B | $198B |
| Share price | $99.25 | $145.44 |
| Change, 1 year | 38.8% | 0.73% |
| Change, 5 years | 80.0% | −11.2% |
| Beta (5Y) | 0.33 | 0.30 |
| Employees | 70K | 306K |
| StockData Score | ||
| Total score | 21 | 24 (better) |
| Valuation score | 1 | 5 (better) |
| Growth score | 5 (better) | 4 |
| Performance score | 6 | 6 |
| Health score | 5 (better) | 4 |
| Dividend score | 4 | 5 (better) |
| Valuation | ||
| P/E | 29.2× | 18.3× (better) |
| P/S | 8.4× | 2.0× (better) |
| P/B | 11.4× | 8.9× (better) |
| EV/EBITDA | 27.9× | 12.8× (better) |
| P/FCF | 29.9× | 18.9× (better) |
| PEG | 2.53 | – |
| FCF yield | 3.3% | 5.3% (better) |
| Fair value | $73.18 | $189.45 |
| Margin of safety | −35.6% | 23.2% (better) |
| Growth | ||
| Revenue growth (TTM) | 7.1% (better) | 6.4% |
| Revenue growth, 5Y average | 7.7% (better) | 5.9% |
| Net income growth (TTM) | 12.3% | 50.9% (better) |
| EPS growth (TTM) | 12.6% | 51.3% (better) |
| EPS growth, 5Y average | 11.2% (better) | 3.2% |
| Profitability | ||
| Gross margin | 62.3% (better) | 54.2% |
| Operating margin | 30.0% (better) | 15.3% |
| Net margin | 28.7% (better) | 11.1% |
| FCF margin | 28.0% (better) | 10.7% |
| Return on equity | 42.6% | 52.3% (better) |
| Return on invested capital | 19.5% (better) | 18.8% |
| Financial health | ||
| Debt / equity | 1.11 (better) | 2.33 |
| Net debt / EBITDA | 1.70 (better) | 2.18 |
| Interest coverage | 10.0× | 13.6× (better) |
| Current ratio | 1.38 (better) | 0.94 |
| Altman Z-score | 5.90 (better) | 3.57 |
| Piotroski F-score | 7 (better) | 6 |
| Dividends and buybacks | ||
| Dividend yield | 2.1% | 4.0% (better) |
| Payout ratio | 76.8% | 72.3% |
| Years of dividend growth | 16 | 16 |
| Dividend growth, 5Y average | 4.5% | 6.9% (better) |
| Buyback yield | 0.14% | 0.50% (better) |
| Shareholder yield | 2.3% | 4.5% (better) |
| Ownership | ||
| Held by institutions | 75.3% | 79.6% |
| Held by insiders | 0.22% | 0.16% |
| Insider net buying, 12 months | −$248M | $13.5M (better) |
| Superinvestors holding | 5 | 6 (better) |
| Short interest, % of float | 1.1% | 2.0% |
Go deeper
- KO stock overview
- KO income statement
- KO valuation and score
- PEP stock overview
- PEP income statement
- PEP valuation and score
Other comparisons
For information only, not investment advice. Check the source filings before relying on any figure.