Anheuser-Busch InBev SA/NV (BUD) vs PepsiCo, Inc. (PEP)
A side-by-side comparison of Anheuser-Busch InBev SA/NV and PepsiCo, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.
BUD
Anheuser-Busch InBev SA/NV
$79.90Consumer DefensiveDelayed quote: Sep 16, 2026, 4:00 PM EDT
PEP
PepsiCo, Inc.
$134.34Consumer DefensiveDelayed quote: Sep 16, 2026, 4:00 PM EDT
Total return — BUD vs PEP
growth of $100 · dividends reinvested · last 10yBUD -24.3% (-2.7%/yr)PEP +75.2% (+5.8%/yr)PEP compounded faster over this window
BUD PEP
BUD vs PEP: by the numbers
- •PEP is the larger company ($183.51B vs $157.36B market cap).
- •BUD converts more revenue to profit (11.53% vs 10.82% net margin).
- •PEP grew revenue faster over the past five years (5.37% vs 4.82% CAGR).
- •PEP pays the higher dividend yield (4.26% vs 1.72%).
Metrics side by side
Valuation
| Metric | BUD | PEP |
|---|---|---|
| P/E ratio | N/A | 17.61 |
| Forward P/E | 17.75 | 15.71 |
| P/S ratio | N/A | 1.89 |
| P/B ratio | 1.68 | 8.30 |
| EV / EBITDA | N/A | 12.01 |
| FCF yield | N/A | 5.06% |
Profitability
| Metric | BUD | PEP |
|---|---|---|
| Gross margin | 55.93% | 53.96% |
| Operating margin | 26.38% | 14.96% |
| Net margin | 11.53% | 10.82% |
| ROE | 7.83% | 47.45% |
| ROIC | 6.32% | 13.22% |
Dividends
| Metric | BUD | PEP |
|---|---|---|
| Dividend yield | 1.72% | 4.26% |
| Payout ratio | N/A | 76.08% |
Growth (annualized)
| Metric | BUD | PEP |
|---|---|---|
| Revenue CAGR (5Y) | 4.82% | 5.37% |
| EPS CAGR (5Y) | 37.66% | 3.25% |
| FCF CAGR (5Y) | 12.69% | 5.40% |
| Total return CAGR (5Y) | 7.90% | 0.61% |
Frequently asked
- Which has grown faster, BUD or PEP?
- Over the past five years, PEP grew revenue faster — BUD at a 4.82% CAGR versus PEP at 5.37%.
- Does BUD or PEP pay a bigger dividend?
- BUD yields 1.72% and PEP yields 4.26% based on trailing dividends and the latest price.
- Is BUD or PEP more profitable?
- BUD runs the higher net margin — BUD at 11.53% versus PEP at 10.82%.
- How have BUD and PEP total returns compared?
- Over the past 10 years, BUD delivered -2.48% and PEP delivered 5.97% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
PepsiCo P/E ratioAnheuser-Busch InBev SA/NV dividend yieldPepsiCo dividend yieldAnheuser-Busch InBev SA/NV ROEPepsiCo ROEAnheuser-Busch InBev SA/NV operating marginPepsiCo operating marginAnheuser-Busch InBev SA/NV revenue growthPepsiCo revenue growthAnheuser-Busch InBev SA/NV free cash flowPepsiCo free cash flow
Anheuser-Busch InBev SA/NV & PepsiCo appear in these rankings
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 13, 2026.