The Coca-Cola Company (KO) vs Philip Morris International Inc. (PM)

A side-by-side comparison of The Coca-Cola Company and Philip Morris International Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 12, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnKO vs PM

growth of $100 · dividends reinvested · last 10y
KO +173.7% (+10.6%/yr)PM +207.5% (+11.9%/yr)PM compounded faster over this window
100200300Start $10020182020202220242026$274$307
KO PM

KO vs PM: by the numbers

  • KO is the larger company ($372.08B vs $290.24B market cap).
  • KO trades at the lower trailing earnings multiple (25.97 vs 26.72 P/E), one valuation lens rather than an overall verdict.
  • KO converts more revenue to profit (28.56% vs 25.56% net margin).
  • PM grew revenue faster over the past five years (7.19% vs 6.60% CAGR).
  • PM pays the higher dividend yield (3.16% vs 2.41%).

Metrics side by side

Valuation

MetricKOPM
P/E ratio25.9726.72
Forward P/E26.1622.23
P/S ratio7.446.83
P/B ratio10.32N/A
EV / EBITDA25.4018.43
FCF yield3.83%4.38%

Profitability

MetricKOPM
Gross margin61.89%67.51%
Operating margin29.63%37.75%
Net margin28.56%25.56%
ROE39.60%-113.55%
ROIC13.00%25.56%

Dividends

MetricKOPM
Dividend yield2.41%3.16%
Payout ratio68.20%80.88%

Growth (annualized)

MetricKOPM
Revenue CAGR (5Y)6.60%7.19%
EPS CAGR (5Y)11.12%7.10%
FCF CAGR (5Y)-9.38%4.43%
Total return CAGR (5Y)12.07%18.68%

Frequently asked

Which has the lower trailing P/E, KO or PM?
KO has the lower trailing P/E: KO trades at 25.97 and PM at 26.72. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, KO or PM?
Over the past five years, PM grew revenue faster — KO at a 6.60% CAGR versus PM at 7.19%.
Does KO or PM pay a bigger dividend?
KO yields 2.41% and PM yields 3.16% based on trailing dividends and the latest price.
Is KO or PM more profitable?
KO runs the higher net margin — KO at 28.56% versus PM at 25.56%.
How have KO and PM total returns compared?
Over the past 10 years, KO delivered 10.45% and PM delivered 11.92% annualized total return. Past performance doesn't predict future results.

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 August 12, 2026.