Monster Beverage Corporation (MNST) vs PepsiCo, Inc. (PEP)

MNST leads on 9 of 16 compared metrics, though PEP is the cheaper stock.

A side-by-side comparison of Monster Beverage Corporation and PepsiCo, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — MNST vs PEP

growth of $100 · last 30y
MNST +509143.5%PEP +330.7%MNST compounded faster
Log scale — wide-divergence pair
101001k10k100k1MStart $100200120062011201620212026$509,244$431
MNST PEP

MNST vs PEP: by the numbers

  • PEP is the larger company ($197.21B vs $90.79B market cap).
  • PEP trades at the lower earnings multiple (22.65 vs 44.85 P/E).
  • MNST converts more revenue to profit (23.11% vs 9.16% net margin).
  • MNST grew revenue faster over the past five years (12.96% vs 6.00% CAGR).
  • PEP pays a dividend (3.98% yield) while MNST does not currently pay one.

Which is better, MNST or PEP?

Metric tally: MNST 9 · PEP 7

It depends on what you're optimizing for:

ValuePEP(lower P/E)
GrowthMNST(faster 5Y revenue CAGR)
QualityMNST(higher ROIC)

Valuation

MetricMNSTPEP
P/E ratio44.8522.65
Forward P/E35.9515.81
P/S ratio10.432.07
P/B ratio10.519.25
PEG ratio1.319.44
EV / EBITDA32.3115.92
FCF yield2.26%4.47%

Profitability

MetricMNSTPEP
Gross margin55.47%54.06%
Operating margin29.34%14.79%
Net margin23.11%9.16%
ROE23.28%40.89%
ROIC21.74%13.29%

Dividends

MetricMNSTPEP
Dividend yield3.98%
Payout ratio95.32%

Growth (annualized)

MetricMNSTPEP
Revenue CAGR (5Y)12.96%6.00%
EPS CAGR (5Y)7.95%2.40%
FCF CAGR (5Y)10.53%6.62%
Total return CAGR (5Y)14.70%2.72%

Frequently asked

Which is better, MNST or PEP?
It depends on your goal. value: PEP (lower P/E); growth: MNST (faster 5Y revenue CAGR); quality: MNST (higher ROIC). Across all compared metrics, MNST leads 9 to 7.
Is MNST or PEP cheaper?
On trailing earnings, PEP is cheaper: MNST trades at a 44.85 P/E and PEP at 22.65.
Which has grown faster, MNST or PEP?
Over the past five years, MNST grew revenue faster — MNST at a 12.96% CAGR versus PEP at 6.00%.
Does MNST or PEP pay a bigger dividend?
PEP pays a dividend (3.98% yield) while MNST does not currently pay one.
Is MNST or PEP more profitable?
MNST runs the higher net margin — MNST at 23.11% versus PEP at 9.16%.
Which has been the better investment, MNST or PEP?
Over the past 10-year, MNST delivered the higher annualized total return — MNST at 13.75% versus PEP at 6.61%. 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 June 13, 2026.