Netflix, Inc. (NFLX) vs PepsiCo, Inc. (PEP)

A side-by-side comparison of Netflix, 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.

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

Total returnNFLX vs PEP

growth of $100 · dividends reinvested · last 10y
NFLX +673.9% (+22.7%/yr)PEP +78.1% (+5.9%/yr)NFLX compounded faster over this window
05001kStart $10020182020202220242026$774$178
NFLX PEP

NFLX vs PEP: by the numbers

  • NFLX is the larger company ($322.29B vs $186.21B market cap).
  • PEP trades at the lower trailing earnings multiple (17.87 vs 24.34 P/E), one valuation lens rather than an overall verdict.
  • NFLX converts more revenue to profit (28.22% vs 10.82% net margin).
  • NFLX grew revenue faster over the past five years (11.89% vs 5.37% CAGR).
  • PEP pays a dividend (4.25% yield), while NFLX has no payments in the available dividend history.

Metrics side by side

Valuation

MetricNFLXPEP
P/E ratio24.3417.87
Forward P/E21.5115.94
P/S ratio6.661.92
P/B ratio10.698.43
EV / EBITDA10.2312.16
FCF yield3.41%4.98%

Profitability

MetricNFLXPEP
Gross margin49.12%53.96%
Operating margin29.68%14.96%
Net margin28.22%10.82%
ROE45.27%47.45%
ROIC24.34%13.22%

Dividends

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

Growth (annualized)

MetricNFLXPEP
Revenue CAGR (5Y)11.89%5.37%
EPS CAGR (5Y)32.58%3.25%
FCF CAGR (5Y)51.23%5.40%
Total return CAGR (5Y)4.89%0.63%

Frequently asked

Which has the lower trailing P/E, NFLX or PEP?
PEP has the lower trailing P/E: NFLX trades at 24.34 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, NFLX or PEP?
Over the past five years, NFLX grew revenue faster — NFLX at a 11.89% CAGR versus PEP at 5.37%.
Does NFLX or PEP pay a bigger dividend?
PEP pays a dividend (4.25% yield), while NFLX has no payments in the available dividend history.
Is NFLX or PEP more profitable?
NFLX runs the higher net margin — NFLX at 28.22% versus PEP at 10.82%.
How have NFLX and PEP total returns compared?
Over the past 10 years, NFLX delivered 22.92% 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.