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

MO has the lower trailing P/E: MO trades at 14.55 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, MO or PEP?

Over the past five years, PEP grew revenue faster — MO at a -0.68% CAGR versus PEP at 5.37%.

Does MO or PEP pay a bigger dividend?

MO yields 6.17% and PEP yields 4.25% based on trailing dividends and the latest price.

Is MO or PEP more profitable?

MO runs the higher net margin — MO at 36.46% versus PEP at 10.82%.

How have MO and PEP total returns compared?

Over the past 10 years, MO delivered 7.93% and PEP delivered 6.00% annualized total return. Past performance doesn't predict future results.

Altria Group, Inc. (MO) vs PepsiCo, Inc. (PEP)

A side-by-side comparison of Altria Group, Inc. 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.

Altria Group, Inc.

$115.17B

$68.98Consumer DefensiveDelayed quote: Sep 11, 2026, 3:59 PM EDT

PEP

PepsiCo, Inc.

$186.21B

$136.32Consumer DefensiveDelayed quote: Sep 11, 2026, 4:00 PM EDT

Total return — MO vs PEP

growth of $100 · dividends reinvested · last 10y

MO +105.0% (+7.4%/yr)PEP +78.1% (+5.9%/yr)MO compounded faster over this window

MO PEP

MO vs PEP: by the numbers

•PEP is the larger company ($186.21B vs $115.17B market cap).
•MO trades at the lower trailing earnings multiple (14.55 vs 17.87 P/E), one valuation lens rather than an overall verdict.
•MO converts more revenue to profit (36.46% vs 10.82% net margin).
•PEP grew revenue faster over the past five years (5.37% vs -0.68% CAGR).
•MO pays the higher dividend yield (6.17% vs 4.25%).

Metrics side by side

Valuation

Metric	MO	PEP
P/E ratio	14.55	17.87
Forward P/E	12.15	15.94
P/S ratio	5.27	1.92
P/B ratio	N/A	8.43
EV / EBITDA	11.03	12.16
FCF yield	7.21%	4.98%

Profitability

Metric	MO	PEP
Gross margin	70.99%	53.96%
Operating margin	55.95%	14.96%
Net margin	36.46%	10.82%
ROE	N/A	47.45%
ROIC	34.45%	13.22%

Dividends

Metric	MO	PEP
Dividend yield	6.17%	4.25%
Payout ratio	89.45%	76.08%

Growth (annualized)

Metric	MO	PEP
Revenue CAGR (5Y)	-0.68%	5.37%
EPS CAGR (5Y)	11.36%	3.25%
FCF CAGR (5Y)	6.93%	5.40%
Total return CAGR (5Y)	14.94%	0.63%

Frequently asked

Which has the lower trailing P/E, MO or PEP?: MO has the lower trailing P/E: MO trades at 14.55 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, MO or PEP?: Over the past five years, PEP grew revenue faster — MO at a -0.68% CAGR versus PEP at 5.37%.
Does MO or PEP pay a bigger dividend?: MO yields 6.17% and PEP yields 4.25% based on trailing dividends and the latest price.
Is MO or PEP more profitable?: MO runs the higher net margin — MO at 36.46% versus PEP at 10.82%.
How have MO and PEP total returns compared?: Over the past 10 years, MO delivered 7.93% and PEP delivered 6.00% annualized total return. Past performance doesn't predict future results.

Go deeper

Full MO analysis Full PEP analysis Interactive comparison tool

Dig into the metrics

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

Altria & PepsiCo appear in these rankings

Highest Dividend Yield Stocks 25+ Year Dividend Growers Highest ROE Stocks Highest ROIC 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 September 11, 2026.