Keurig Dr Pepper Inc. (KDP) vs PepsiCo, Inc. (PEP)
PEP leads on 9 of 16 compared metrics.
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 June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
KDP
Keurig Dr Pepper Inc.
$31.71Consumer Defensive
PEP
PepsiCo, Inc.
$144.27Consumer Defensive
Total return — KDP vs PEP
growth of $100 · last 18yKDP +624.0%PEP +111.5%KDP compounded faster
KDP PEP
KDP vs PEP: by the numbers
- •PEP is the larger company ($197.21B vs $43.14B market cap).
- •PEP trades at the lower earnings multiple (22.65 vs 23.49 P/E).
- •KDP converts more revenue to profit (10.81% vs 9.16% net margin).
- •KDP grew revenue faster over the past five years (7.31% vs 6.00% CAGR).
- •PEP pays the higher dividend yield (3.98% vs 2.90%).
Which is better, KDP or PEP?
Metric tally: KDP 7 · PEP 9It depends on what you're optimizing for:
ValuePEP(lower P/E)
GrowthKDP(faster 5Y revenue CAGR)
IncomePEP(higher dividend yield)
QualityPEP(higher ROIC)
Valuation
| Metric | KDP | PEP |
|---|---|---|
| P/E ratio | 23.49 | 22.65● |
| Forward P/E | 12.58● | 15.81 |
| P/S ratio | 2.55 | 2.07● |
| P/B ratio | 1.71● | 9.25 |
| PEG ratio | 0.41● | 9.44 |
| EV / EBITDA | 16.81 | 15.92● |
| FCF yield | 3.66% | 4.47%● |
Profitability
| Metric | KDP | PEP |
|---|---|---|
| Gross margin | 53.78% | 54.06% |
| Operating margin | 21.29%● | 14.79% |
| Net margin | 10.81%● | 9.16% |
| ROE | 7.25% | 40.89%● |
| ROIC | 5.62% | 13.29%● |
Dividends
| Metric | KDP | PEP |
|---|---|---|
| Dividend yield | 2.90% | 3.98%● |
| Payout ratio | 60.13% | 95.32% |
Growth (annualized)
| Metric | KDP | PEP |
|---|---|---|
| Revenue CAGR (5Y) | 7.31%● | 6.00% |
| EPS CAGR (5Y) | 10.23%● | 2.40% |
| FCF CAGR (5Y) | -5.79% | 6.62%● |
| Total return CAGR (5Y) | 0.48% | 2.72%● |
Frequently asked
- Which is better, KDP or PEP?
- It depends on your goal. value: PEP (lower P/E); growth: KDP (faster 5Y revenue CAGR); income: PEP (higher dividend yield); quality: PEP (higher ROIC). Across all compared metrics, PEP leads 9 to 7.
- Is KDP or PEP cheaper?
- On trailing earnings, PEP is cheaper: KDP trades at a 23.49 P/E and PEP at 22.65.
- 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 6.00%.
- Does KDP or PEP pay a bigger dividend?
- KDP yields 2.90% and PEP yields 3.98% based on trailing dividends and the latest price.
- Is KDP or PEP more profitable?
- KDP runs the higher net margin — KDP at 10.81% versus PEP at 9.16%.
- Which has been the better investment, KDP or PEP?
- Over the past 10-year, KDP delivered the higher annualized total return — KDP at 12.76% versus PEP at 6.61%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Keurig Dr Pepper P/E ratioPepsiCo P/E ratioKeurig Dr Pepper dividend yieldPepsiCo dividend yieldKeurig Dr Pepper ROEPepsiCo ROEKeurig Dr Pepper operating marginPepsiCo operating marginKeurig Dr Pepper revenue growthPepsiCo revenue growthKeurig Dr Pepper free cash flowPepsiCo free cash flow
Keurig Dr Pepper & 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 14, 2026.