Which has the lower trailing P/E, KDP or PEP?

PEP has the lower trailing P/E: KDP trades at 23.05 and PEP at 18.29. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, KDP or PEP?

Over the past five years, KDP grew revenue faster — KDP at a 7.31% CAGR versus PEP at 5.37%.

Does KDP or PEP pay a bigger dividend?

KDP yields 2.96% and PEP yields 4.12% based on trailing dividends and the latest price.

How have KDP and PEP total returns compared?

Over the past 10 years, KDP delivered 11.89% and PEP delivered 5.69% annualized total return. Past performance doesn't predict future results.

Keurig Dr Pepper Inc. (KDP) vs PepsiCo, Inc. (PEP)

A side-by-side comparison of Keurig Dr Pepper Inc. and PepsiCo, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 31, 2026. Differences are shown without an overall score or investment verdict.

KDP

Keurig Dr Pepper Inc.

$42.34B

$31.12Consumer DefensiveDelayed quote: Jul 31, 2026, 4:00 PM EDT

PEP

PepsiCo, Inc.

$190.64B

$139.56Consumer DefensiveAt close: Jul 31, 2026, 4:00 PM ET

Total return — KDP vs PEP

growth of $100 · dividends reinvested · last 18y

KDP +3440.6%PEP +257.4%KDP compounded faster

Log scale — wide-divergence pair

KDP PEP

KDP vs PEP: by the numbers

•PEP is the larger company ($190.64B vs $42.34B market cap).
•PEP trades at the lower trailing earnings multiple (18.29 vs 23.05 P/E), one valuation lens rather than an overall verdict.
•KDP grew revenue faster over the past five years (7.31% vs 5.37% CAGR).
•PEP pays the higher dividend yield (4.12% vs 2.96%).

Metrics side by side

Valuation

Metric	KDP	PEP
P/E ratio	23.05	18.29
Forward P/E	13.60	16.32
P/S ratio	2.50	1.97
P/B ratio	1.68	8.65
PEG ratio	0.41	7.62
EV / EBITDA	15.34	12.41
FCF yield	3.73%	4.86%

Profitability

Metric	KDP	PEP
Gross margin	53.78%	53.96%
Operating margin	21.29%	14.96%
Net margin	10.81%	10.82%
ROE	7.25%	47.45%
ROIC	5.62%	13.29%

Dividends

Metric	KDP	PEP
Dividend yield	2.96%	4.12%
Payout ratio	60.13%	95.32%

Growth (annualized)

Metric	KDP	PEP
Revenue CAGR (5Y)	7.31%	5.37%
EPS CAGR (5Y)	10.23%	2.40%
FCF CAGR (5Y)	-5.79%	5.40%
Total return CAGR (5Y)	0.15%	0.81%

Frequently asked

Which has the lower trailing P/E, KDP or PEP?: PEP has the lower trailing P/E: KDP trades at 23.05 and PEP at 18.29. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, KDP or PEP?: Over the past five years, KDP grew revenue faster — KDP at a 7.31% CAGR versus PEP at 5.37%.
Does KDP or PEP pay a bigger dividend?: KDP yields 2.96% and PEP yields 4.12% based on trailing dividends and the latest price.
How have KDP and PEP total returns compared?: Over the past 10 years, KDP delivered 11.89% and PEP delivered 5.69% annualized total return. Past performance doesn't predict future results.

Go deeper

Full KDP analysis Full PEP analysis Interactive comparison tool

Dig into the metrics

Keurig Dr Pepper P/E ratio PepsiCo P/E ratio Keurig Dr Pepper dividend yield PepsiCo dividend yield Keurig Dr Pepper ROE PepsiCo ROE Keurig Dr Pepper operating margin PepsiCo operating margin Keurig Dr Pepper revenue growth PepsiCo revenue growth Keurig Dr Pepper free cash flow PepsiCo free cash flow

Keurig Dr Pepper & PepsiCo appear in these rankings

Highest Dividend Yield Stocks 25+ Year Dividend Growers Highest ROE Stocks Highest FCF Yield 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 July 31, 2026.