Apple Inc. (AAPL) vs PepsiCo, Inc. (PEP)
A side-by-side comparison of Apple Inc. and PepsiCo, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 10, 2026. Differences are shown without an overall score or investment verdict.
Different business models: AAPL is classified in Technology; PEP is classified in Consumer Defensive. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
AAPL
Apple Inc.
$332.27TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
PEP
PepsiCo, Inc.
$136.32Consumer DefensiveDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — AAPL vs PEP
growth of $100 · dividends reinvested · last 10yAAPL +1191.3% (+29.2%/yr)PEP +78.1% (+5.9%/yr)AAPL compounded faster over this window
Log scale — wide-divergence pair
AAPL PEP
AAPL vs PEP: by the numbers
- •AAPL is the larger company ($4.88T vs $186.21B market cap).
- •PEP trades at the lower trailing earnings multiple (17.87 vs 38.06 P/E), one valuation lens rather than an overall verdict.
- •AAPL converts more revenue to profit (27.62% vs 10.82% net margin).
- •AAPL grew revenue faster over the past five years (6.10% vs 5.37% CAGR).
- •PEP pays the higher dividend yield (4.25% vs 0.32%).
Metrics side by side
Valuation
| Metric | AAPL | PEP |
|---|---|---|
| P/E ratio | 38.06 | 17.87 |
| Forward P/E | 37.62 | 15.94 |
| P/S ratio | 10.45 | 1.92 |
| P/B ratio | 45.39 | 8.43 |
| EV / EBITDA | 29.32 | 12.16 |
| FCF yield | 2.80% | 4.98% |
Profitability
| Metric | AAPL | PEP |
|---|---|---|
| Gross margin | 48.65% | 53.96% |
| Operating margin | 33.17% | 14.96% |
| Net margin | 27.62% | 10.82% |
| ROE | 119.91% | 47.45% |
| ROIC | 51.87% | 13.22% |
Dividends
| Metric | AAPL | PEP |
|---|---|---|
| Dividend yield | 0.32% | 4.25% |
| Payout ratio | 12.14% | 76.08% |
Growth (annualized)
| Metric | AAPL | PEP |
|---|---|---|
| Revenue CAGR (5Y) | 6.10% | 5.37% |
| EPS CAGR (5Y) | 17.73% | 3.25% |
| FCF CAGR (5Y) | 7.60% | 5.40% |
| Total return CAGR (5Y) | 17.58% | 0.63% |
Frequently asked
- Which has the lower trailing P/E, AAPL or PEP?
- PEP has the lower trailing P/E: AAPL trades at 38.06 and PEP at 17.87. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, AAPL or PEP?
- Over the past five years, AAPL grew revenue faster — AAPL at a 6.10% CAGR versus PEP at 5.37%.
- Does AAPL or PEP pay a bigger dividend?
- AAPL yields 0.32% and PEP yields 4.25% based on trailing dividends and the latest price.
- Is AAPL or PEP more profitable?
- AAPL runs the higher net margin — AAPL at 27.62% versus PEP at 10.82%.
- How have AAPL and PEP total returns compared?
- Over the past 10 years, AAPL delivered 30.06% and PEP delivered 6.00% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Apple P/E ratioPepsiCo P/E ratioApple dividend yieldPepsiCo dividend yieldApple ROEPepsiCo ROEApple operating marginPepsiCo operating marginApple revenue growthPepsiCo revenue growthApple free cash flowPepsiCo free cash flow
Apple & PepsiCo appear in these rankings
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Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 10, 2026.