Microsoft Corporation (MSFT) vs PepsiCo, Inc. (PEP)

A side-by-side comparison of Microsoft 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.

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Different business models: MSFT is classified in Technology; PEP is classified in Consumer Defensive. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

Total returnMSFT vs PEP

growth of $100 · dividends reinvested · last 10y
MSFT +875.9% (+25.6%/yr)PEP +78.1% (+5.9%/yr)MSFT compounded faster over this window
Log scale — wide-divergence pair
101001k10kStart $10020182020202220242026$976$178
MSFT PEP

MSFT vs PEP: by the numbers

  • MSFT is the larger company ($3.68T vs $186.21B market cap).
  • PEP trades at the lower trailing earnings multiple (17.87 vs 27.61 P/E), one valuation lens rather than an overall verdict.
  • MSFT converts more revenue to profit (40.31% vs 10.82% net margin).
  • MSFT grew revenue faster over the past five years (14.57% vs 5.37% CAGR).
  • PEP pays the higher dividend yield (4.25% vs 0.74%).

Metrics side by side

Valuation

MetricMSFTPEP
P/E ratio27.6117.87
Forward P/E25.1315.94
P/S ratio11.091.92
P/B ratio8.328.43
EV / EBITDA19.5512.16
FCF yield1.82%4.98%

Profitability

MetricMSFTPEP
Gross margin67.94%53.96%
Operating margin46.78%14.96%
Net margin40.31%10.82%
ROE30.23%47.45%
ROIC20.90%13.22%

Dividends

MetricMSFTPEP
Dividend yield0.74%4.25%
Payout ratio20.28%76.08%

Growth (annualized)

MetricMSFTPEP
Revenue CAGR (5Y)14.57%5.37%
EPS CAGR (5Y)17.26%3.25%
FCF CAGR (5Y)3.60%5.40%
Total return CAGR (5Y)11.66%0.63%

Frequently asked

Which has the lower trailing P/E, MSFT or PEP?
PEP has the lower trailing P/E: MSFT trades at 27.61 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, MSFT or PEP?
Over the past five years, MSFT grew revenue faster — MSFT at a 14.57% CAGR versus PEP at 5.37%.
Does MSFT or PEP pay a bigger dividend?
MSFT yields 0.74% and PEP yields 4.25% based on trailing dividends and the latest price.
Is MSFT or PEP more profitable?
MSFT runs the higher net margin — MSFT at 40.31% versus PEP at 10.82%.
How have MSFT and PEP total returns compared?
Over the past 10 years, MSFT delivered 25.72% 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.