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

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 September 11, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnMNST vs PEP

growth of $100 · dividends reinvested · last 10y
MNST +243.6% (+13.1%/yr)PEP +78.1% (+5.9%/yr)MNST compounded faster over this window
100200300400Start $10020182020202220242026$344$178
MNST PEP

MNST vs PEP: by the numbers

  • PEP is the larger company ($186.21B vs $84.89B market cap).
  • PEP trades at the lower trailing earnings multiple (17.87 vs 40.00 P/E), one valuation lens rather than an overall verdict.
  • MNST converts more revenue to profit (23.08% vs 10.82% net margin).
  • MNST grew revenue faster over the past five years (12.36% vs 5.37% CAGR).
  • PEP pays a dividend (4.25% yield), while MNST is a former payer with no current dividend run rate.

Metrics side by side

Valuation

MetricMNSTPEP
P/E ratio40.0017.87
Forward P/E37.4015.94
P/S ratio9.211.92
P/B ratio9.078.43
EV / EBITDA28.6112.16
FCF yield2.47%4.98%

Profitability

MetricMNSTPEP
Gross margin55.55%53.96%
Operating margin29.16%14.96%
Net margin23.08%10.82%
ROE22.72%47.45%
ROIC21.32%13.22%

Dividends

MetricMNSTPEP
Dividend yieldN/A4.25%
Payout ratioN/A76.08%

Growth (annualized)

MetricMNSTPEP
Revenue CAGR (5Y)12.36%5.37%
EPS CAGR (5Y)7.95%3.25%
FCF CAGR (5Y)7.93%5.40%
Total return CAGR (5Y)12.44%0.63%

Frequently asked

Which has the lower trailing P/E, MNST or PEP?
PEP has the lower trailing P/E: MNST trades at 40.00 and PEP at 17.87. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, MNST or PEP?
Over the past five years, MNST grew revenue faster — MNST at a 12.36% CAGR versus PEP at 5.37%.
Does MNST or PEP pay a bigger dividend?
PEP pays a dividend (4.25% yield), while MNST is a former payer with no current dividend run rate.
Is MNST or PEP more profitable?
MNST runs the higher net margin — MNST at 23.08% versus PEP at 10.82%.
How have MNST and PEP total returns compared?
Over the past 10 years, MNST delivered 13.35% and PEP delivered 6.00% 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 September 11, 2026.