Amazon.com, Inc. (AMZN) vs PepsiCo, Inc. (PEP)

A side-by-side comparison of Amazon.com, 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.

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Different business models: AMZN is classified in Consumer Cyclical; PEP is classified in Consumer Defensive. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

Total returnAMZN vs PEP

growth of $100 · dividends reinvested · last 10y
AMZN +582.7% (+21.2%/yr)PEP +78.1% (+5.9%/yr)AMZN compounded faster over this window
200400600Start $10020182020202220242026$683$178
AMZN PEP

AMZN vs PEP: by the numbers

  • AMZN is the larger company ($2.76T vs $186.21B market cap).
  • PEP trades at the lower trailing earnings multiple (17.87 vs 20.66 P/E), one valuation lens rather than an overall verdict.
  • AMZN converts more revenue to profit (17.44% vs 10.82% net margin).
  • AMZN grew revenue faster over the past five years (11.84% vs 5.37% CAGR).
  • PEP pays a dividend (4.25% yield), while AMZN has no payments in the available dividend history.

Metrics side by side

Valuation

MetricAMZNPEP
P/E ratio20.6617.87
Forward P/E20.2015.94
P/S ratio3.561.92
P/B ratio5.018.43
EV / EBITDA17.2112.16
FCF yieldN/A4.98%

Profitability

MetricAMZNPEP
Gross margin50.77%53.96%
Operating margin12.08%14.96%
Net margin17.44%10.82%
ROE24.52%47.45%
ROIC8.48%13.22%

Dividends

MetricAMZNPEP
Dividend yieldN/A4.25%
Payout ratioN/A76.08%

Growth (annualized)

MetricAMZNPEP
Revenue CAGR (5Y)11.84%5.37%
EPS CAGR (5Y)27.90%3.25%
FCF CAGR (5Y)-21.57%5.40%
Total return CAGR (5Y)7.75%0.63%

Frequently asked

Which has the lower trailing P/E, AMZN or PEP?
PEP has the lower trailing P/E: AMZN trades at 20.66 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, AMZN or PEP?
Over the past five years, AMZN grew revenue faster — AMZN at a 11.84% CAGR versus PEP at 5.37%.
Does AMZN or PEP pay a bigger dividend?
PEP pays a dividend (4.25% yield), while AMZN has no payments in the available dividend history.
Is AMZN or PEP more profitable?
AMZN runs the higher net margin — AMZN at 17.44% versus PEP at 10.82%.
How have AMZN and PEP total returns compared?
Over the past 10 years, AMZN delivered 20.81% and PEP delivered 6.00% annualized total return. Past performance doesn't predict future results.

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.