Is BUD or PEP cheaper?

On trailing earnings, BUD is cheaper: BUD trades at a 13.20 P/E and PEP at 22.94.

Which has grown faster, BUD or PEP?

Over the past five years, PEP grew revenue faster — BUD at a 3.94% CAGR versus PEP at 6.00%.

Does BUD or PEP pay a bigger dividend?

BUD yields 1.67% and PEP yields 3.93% based on trailing dividends and the latest price.

Is BUD or PEP more profitable?

BUD runs the higher net margin — BUD at 10.14% versus PEP at 9.16%.

Which has been the better investment, BUD or PEP?

Over the past 10-year, PEP delivered the higher annualized total return — BUD at -2.26% versus PEP at 6.58%. Past performance doesn't predict future results.

Anheuser-Busch InBev SA/NV (BUD) vs PepsiCo, Inc. (PEP)

BUD leads on 11 of 17 compared metrics.

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 June 18, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

BUD

Anheuser-Busch InBev SA/NV

$156.10B

$80.68Consumer Defensive

PEP

PepsiCo, Inc.

$196.88B

$146.12Consumer Defensive

Total return — BUD vs PEP

growth of $100 · last 17y

BUD +109.6%PEP +154.8%PEP compounded faster

BUD PEP

BUD vs PEP: by the numbers

•PEP is the larger company ($196.88B vs $156.10B market cap).
•BUD trades at the lower earnings multiple (13.20 vs 22.94 P/E).
•BUD converts more revenue to profit (10.14% vs 9.16% net margin).
•PEP grew revenue faster over the past five years (6.00% vs 3.94% CAGR).
•PEP pays the higher dividend yield (3.93% vs 1.67%).

Which is better, BUD or PEP?

Metric tally: BUD 11 · PEP 6

It depends on what you're optimizing for:

ValueBUD(lower P/E)

GrowthPEP(faster 5Y revenue CAGR)

IncomePEP(higher dividend yield)

QualityPEP(higher ROIC)

Metrics side by side

Valuation

Metric	BUD	PEP
P/E ratio	13.20●	22.94
Forward P/E	16.64	16.07●
P/S ratio	1.33●	2.10
P/B ratio	1.83●	9.37
PEG ratio	1.00●	9.56
EV / EBITDA	5.43●	14.90
FCF yield	14.03%●	4.41%

Profitability

Metric	BUD	PEP
Gross margin	55.67%●	54.06%
Operating margin	31.82%●	14.79%
Net margin	10.14%●	9.16%
ROE	13.99%	40.89%●
ROIC	6.32%	13.29%●

Dividends

Metric	BUD	PEP
Dividend yield	1.67%	3.93%●
Payout ratio	38.95%	95.32%

Growth (annualized)

Metric	BUD	PEP
Revenue CAGR (5Y)	3.94%	6.00%●
EPS CAGR (5Y)	37.66%●	2.40%
FCF CAGR (5Y)	10.48%●	6.62%
Total return CAGR (5Y)	2.38%	2.58%●

Frequently asked

Which is better, BUD or PEP?: It depends on your goal. value: BUD (lower P/E); growth: PEP (faster 5Y revenue CAGR); income: PEP (higher dividend yield); quality: PEP (higher ROIC). Across all compared metrics, BUD leads 11 to 6.
Is BUD or PEP cheaper?: On trailing earnings, BUD is cheaper: BUD trades at a 13.20 P/E and PEP at 22.94.
Which has grown faster, BUD or PEP?: Over the past five years, PEP grew revenue faster — BUD at a 3.94% CAGR versus PEP at 6.00%.
Does BUD or PEP pay a bigger dividend?: BUD yields 1.67% and PEP yields 3.93% based on trailing dividends and the latest price.
Is BUD or PEP more profitable?: BUD runs the higher net margin — BUD at 10.14% versus PEP at 9.16%.
Which has been the better investment, BUD or PEP?: Over the past 10-year, PEP delivered the higher annualized total return — BUD at -2.26% versus PEP at 6.58%. Past performance doesn't predict future results.

Go deeper

Full BUD analysis Full PEP analysis Interactive comparison tool

Dig into the metrics

Anheuser-Busch InBev SA/NV P/E ratio PepsiCo P/E ratio Anheuser-Busch InBev SA/NV dividend yield PepsiCo dividend yield Anheuser-Busch InBev SA/NV ROE PepsiCo ROE Anheuser-Busch InBev SA/NV operating margin PepsiCo operating margin Anheuser-Busch InBev SA/NV revenue growth PepsiCo revenue growth Anheuser-Busch InBev SA/NV free cash flow PepsiCo free cash flow

Anheuser-Busch InBev SA/NV & PepsiCo appear in these rankings

Highest Dividend Yield Stocks Dividend Aristocrats Highest ROE Stocks Highest Operating Margin Stocks

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 June 18, 2026.