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 October 4, 2026. Differences are shown without an overall score or investment verdict.
MDLZ
Mondelez International, Inc.
$58.19Consumer DefensiveDelayed quote: Oct 2, 2026, 4:00 PM EDT
PEP
PepsiCo, Inc.
$125.89Consumer DefensiveDelayed quote: Oct 2, 2026, 4:00 PM EDT
Total return — MDLZ vs PEP
growth of $100 · dividends reinvested · last 10yMDLZ +69.2% (+5.4%/yr)PEP +59.8% (+4.8%/yr)MDLZ compounded faster over this window
MDLZ PEP
MDLZ vs PEP: by the numbers
- •PEP is the larger company ($171.97B vs $74.27B market cap).
- •PEP trades at the lower trailing earnings multiple (16.50 vs 21.47 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 6.18% CAGR).
- •PEP pays the higher dividend yield (4.61% vs 3.44%).
Metrics side by side
Valuation
| Metric | MDLZ | PEP |
|---|---|---|
| P/E ratio | 21.47 | 16.50 |
| Forward P/E | 19.09 | 14.73 |
| PEG ratio | N/A | 5.05 |
| P/S ratio | 1.87 | 1.77 |
| P/B ratio | 2.79 | 7.78 |
| EV / EBITDA | 15.99 | 11.40 |
| FCF yield | 4.15% | 5.40% |
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 | 3.44% | 4.61% |
| Payout ratio | 73.80% | 76.08% |
Growth (annualized)
| Metric | MDLZ | PEP |
|---|---|---|
| Revenue CAGR (5Y) | 7.34% | 6.18% |
| EPS CAGR (5Y) | -5.29% | 3.25% |
| FCF CAGR (5Y) | 0.85% | 6.77% |
| Total return CAGR (5Y) | 2.74% | -0.40% |
Frequently asked
- Which has the lower trailing P/E, MDLZ or PEP?
- PEP has the lower trailing P/E: MDLZ trades at 21.47 and PEP at 16.50. 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 6.18%.
- Does MDLZ or PEP pay a bigger dividend?
- MDLZ yields 3.44% and PEP yields 4.61% 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 5.37% and PEP delivered 4.66% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Mondelez International P/E ratioPepsiCo P/E ratioMondelez International dividend yieldPepsiCo dividend yieldMondelez International ROEPepsiCo ROEMondelez International operating marginPepsiCo operating marginMondelez International revenue growthPepsiCo revenue growthMondelez International free cash flowPepsiCo free cash flow
Mondelez International & 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 October 4, 2026.