Costco Wholesale Corporation (COST) vs PepsiCo, Inc. (PEP)
PEP leads on 11 of 17 compared metrics.
A side-by-side comparison of Costco Wholesale Corporation and PepsiCo, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
COST
Costco Wholesale Corporation
$982.35Consumer Defensive
PEP
PepsiCo, Inc.
$144.27Consumer Defensive
Total return — COST vs PEP
growth of $100 · last 30yCOST +9597.4%PEP +330.7%COST compounded faster
Log scale — wide-divergence pair
COST PEP
COST vs PEP: by the numbers
- •COST is the larger company ($435.65B vs $197.21B market cap).
- •PEP trades at the lower earnings multiple (22.65 vs 49.41 P/E).
- •PEP converts more revenue to profit (9.16% vs 3.01% net margin).
- •COST grew revenue faster over the past five years (9.48% vs 6.00% CAGR).
- •PEP pays the higher dividend yield (3.98% vs 0.55%).
Which is better, COST or PEP?
Metric tally: COST 6 · PEP 11It depends on what you're optimizing for:
ValuePEP(lower P/E)
GrowthCOST(faster 5Y revenue CAGR)
IncomePEP(higher dividend yield)
QualityCOST(higher ROIC)
Valuation
| Metric | COST | PEP |
|---|---|---|
| P/E ratio | 49.41 | 22.65● |
| Forward P/E | 43.40 | 15.81● |
| P/S ratio | 1.49● | 2.07 |
| P/B ratio | 13.03 | 9.25● |
| PEG ratio | 5.23● | 9.44 |
| EV / EBITDA | 29.43 | 15.92● |
| FCF yield | 2.02% | 4.47%● |
Profitability
| Metric | COST | PEP |
|---|---|---|
| Gross margin | 12.88% | 54.06%● |
| Operating margin | 3.82% | 14.79%● |
| Net margin | 3.01% | 9.16%● |
| ROE | 26.38% | 40.89%● |
| ROIC | 19.44%● | 13.29% |
Dividends
| Metric | COST | PEP |
|---|---|---|
| Dividend yield | 0.55% | 3.98%● |
| Payout ratio | 29.44% | 95.32% |
Growth (annualized)
| Metric | COST | PEP |
|---|---|---|
| Revenue CAGR (5Y) | 9.48%● | 6.00% |
| EPS CAGR (5Y) | 15.04%● | 2.40% |
| FCF CAGR (5Y) | 4.95% | 6.62%● |
| Total return CAGR (5Y) | 21.56%● | 2.72% |
Frequently asked
- Which is better, COST or PEP?
- It depends on your goal. value: PEP (lower P/E); growth: COST (faster 5Y revenue CAGR); income: PEP (higher dividend yield); quality: COST (higher ROIC). Across all compared metrics, PEP leads 11 to 6.
- Is COST or PEP cheaper?
- On trailing earnings, PEP is cheaper: COST trades at a 49.41 P/E and PEP at 22.65.
- Which has grown faster, COST or PEP?
- Over the past five years, COST grew revenue faster — COST at a 9.48% CAGR versus PEP at 6.00%.
- Does COST or PEP pay a bigger dividend?
- COST yields 0.55% and PEP yields 3.98% based on trailing dividends and the latest price.
- Is COST or PEP more profitable?
- PEP runs the higher net margin — COST at 3.01% versus PEP at 9.16%.
- Which has been the better investment, COST or PEP?
- Over the past 10-year, COST delivered the higher annualized total return — COST at 21.26% versus PEP at 6.61%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Costco Wholesale P/E ratioPepsiCo P/E ratioCostco Wholesale dividend yieldPepsiCo dividend yieldCostco Wholesale ROEPepsiCo ROECostco Wholesale operating marginPepsiCo operating marginCostco Wholesale revenue growthPepsiCo revenue growthCostco Wholesale free cash flowPepsiCo free cash flow
Costco Wholesale & 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 June 13, 2026.