PepsiCo, Inc. (PEP) vs The Procter & Gamble Company (PG)
A side-by-side comparison of PepsiCo, Inc. and The Procter & Gamble Company across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.
PEP
PepsiCo, Inc.
$142.86Consumer DefensiveDelayed quote: Jul 28, 2026, 4:00 PM EDT
PG
The Procter & Gamble Company
$148.75Consumer DefensiveDelayed quote: Jul 28, 2026, 4:00 PM EDT
Total return — PEP vs PG
growth of $100 · dividends reinvested · last 30yPEP +819.5%PG +1365.9%PG compounded faster
PEP PG
PEP vs PG: by the numbers
- •PG is the larger company ($346.38B vs $195.15B market cap).
- •PEP trades at the lower trailing earnings multiple (18.32 vs 21.73 P/E), one valuation lens rather than an overall verdict.
- •PG converts more revenue to profit (19.22% vs 10.82% net margin).
- •PEP grew revenue faster over the past five years (5.37% vs 2.98% CAGR).
- •PEP pays the higher dividend yield (4.11% vs 2.87%).
Metrics side by side
Valuation
| Metric | PEP | PG |
|---|---|---|
| P/E ratio | 18.32 | 21.73 |
| Forward P/E | 16.34 | 21.62 |
| P/S ratio | 1.97 | 4.14 |
| P/B ratio | 8.66 | 6.59 |
| PEG ratio | 7.63 | 3.01 |
| EV / EBITDA | 12.43 | 16.53 |
| FCF yield | 4.85% | 4.18% |
Profitability
| Metric | PEP | PG |
|---|---|---|
| Gross margin | 53.96% | 50.33% |
| Operating margin | 14.96% | 23.24% |
| Net margin | 10.82% | 19.22% |
| ROE | 47.45% | 30.58% |
| ROIC | 13.29% | 16.47% |
Dividends
| Metric | PEP | PG |
|---|---|---|
| Dividend yield | 4.11% | 2.87% |
| Payout ratio | 95.32% | 63.85% |
Growth (annualized)
| Metric | PEP | PG |
|---|---|---|
| Revenue CAGR (5Y) | 5.37% | 2.98% |
| EPS CAGR (5Y) | 2.40% | 5.39% |
| FCF CAGR (5Y) | 5.40% | -1.64% |
| Total return CAGR (5Y) | 0.72% | 3.71% |
Frequently asked
- Which has the lower trailing P/E, PEP or PG?
- PEP has the lower trailing P/E: PEP trades at 18.32 and PG at 21.73. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, PEP or PG?
- Over the past five years, PEP grew revenue faster — PEP at a 5.37% CAGR versus PG at 2.98%.
- Does PEP or PG pay a bigger dividend?
- PEP yields 4.11% and PG yields 2.87% based on trailing dividends and the latest price.
- Is PEP or PG more profitable?
- PG runs the higher net margin — PEP at 10.82% versus PG at 19.22%.
- How have PEP and PG total returns compared?
- Over the past 10 years, PEP delivered 5.85% and PG delivered 8.74% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
PepsiCo P/E ratioProcter & Gamble P/E ratioPepsiCo dividend yieldProcter & Gamble dividend yieldPepsiCo ROEProcter & Gamble ROEPepsiCo operating marginProcter & Gamble operating marginPepsiCo revenue growthProcter & Gamble revenue growthPepsiCo free cash flowProcter & Gamble free cash flow
PepsiCo & Procter & Gamble appear in these rankings
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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 July 28, 2026.