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

PEP has the lower trailing P/E: MDLZ trades at 23.68 and PEP at 18.69. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, MDLZ or PEP?

Over the past five years, MDLZ grew revenue faster — MDLZ at a 7.34% CAGR versus PEP at 5.37%.

Does MDLZ or PEP pay a bigger dividend?

MDLZ yields 3.12% and PEP yields 4.03% based on trailing dividends and the latest price.

Is MDLZ or PEP more profitable?

PEP runs the higher net margin — MDLZ at 8.86% versus PEP at 10.82%.

How have MDLZ and PEP total returns compared?

Over the past 10 years, MDLZ delivered 6.56% and PEP delivered 6.00% annualized total return. Past performance doesn't predict future results.

Mondelez International, Inc. (MDLZ) vs PepsiCo, Inc. (PEP)

A side-by-side comparison of Mondelez International, Inc. and PepsiCo, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 20, 2026. Differences are shown without an overall score or investment verdict.

MDLZ

Mondelez International, Inc.

$81.89B

$64.16Consumer DefensiveAt close: Aug 19, 2026, 4:00 PM ET

PEP

PepsiCo, Inc.

$194.76B

$142.58Consumer DefensiveAt close: Aug 19, 2026, 4:00 PM ET

Total return — MDLZ vs PEP

growth of $100 · dividends reinvested · last 10y

MDLZ +88.1% (+6.5%/yr)PEP +79.3% (+6.0%/yr)MDLZ compounded faster over this window

MDLZ PEP

MDLZ vs PEP: by the numbers

•PEP is the larger company ($194.76B vs $81.89B market cap).
•PEP trades at the lower trailing earnings multiple (18.69 vs 23.68 P/E), one valuation lens rather than an overall verdict.
•PEP converts more revenue to profit (10.82% vs 8.86% net margin).
•MDLZ grew revenue faster over the past five years (7.34% vs 5.37% CAGR).
•PEP pays the higher dividend yield (4.03% vs 3.12%).

Metrics side by side

Valuation

Metric	MDLZ	PEP
P/E ratio	23.68	18.69
Forward P/E	21.06	16.67
P/S ratio	2.09	2.01
P/B ratio	3.11	8.83
EV / EBITDA	17.45	12.63
FCF yield	3.72%	4.76%

Profitability

Metric	MDLZ	PEP
Gross margin	31.15%	53.96%
Operating margin	11.42%	14.96%
Net margin	8.86%	10.82%
ROE	13.20%	47.45%
ROIC	6.47%	13.22%

Dividends

Metric	MDLZ	PEP
Dividend yield	3.12%	4.03%
Payout ratio	105.82%	95.32%

Growth (annualized)

Metric	MDLZ	PEP
Revenue CAGR (5Y)	7.34%	5.37%
EPS CAGR (5Y)	-5.29%	3.25%
FCF CAGR (5Y)	0.85%	5.40%
Total return CAGR (5Y)	2.84%	0.99%

Frequently asked

Which has the lower trailing P/E, MDLZ or PEP?: PEP has the lower trailing P/E: MDLZ trades at 23.68 and PEP at 18.69. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, MDLZ or PEP?: Over the past five years, MDLZ grew revenue faster — MDLZ at a 7.34% CAGR versus PEP at 5.37%.
Does MDLZ or PEP pay a bigger dividend?: MDLZ yields 3.12% and PEP yields 4.03% based on trailing dividends and the latest price.
Is MDLZ or PEP more profitable?: PEP runs the higher net margin — MDLZ at 8.86% versus PEP at 10.82%.
How have MDLZ and PEP total returns compared?: Over the past 10 years, MDLZ delivered 6.56% and PEP delivered 6.00% annualized total return. Past performance doesn't predict future results.

Go deeper

Full MDLZ analysis Full PEP analysis Interactive comparison tool

Dig into the metrics

Mondelez International P/E ratio PepsiCo P/E ratio Mondelez International dividend yield PepsiCo dividend yield Mondelez International ROE PepsiCo ROE Mondelez International operating margin PepsiCo operating margin Mondelez International revenue growth PepsiCo revenue growth Mondelez International free cash flow PepsiCo free cash flow

Mondelez International & 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 August 20, 2026.