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 September 10, 2026. Differences are shown without an overall score or investment verdict.
PEP
PepsiCo, Inc.
$136.32Consumer DefensiveDelayed quote: Sep 11, 2026, 4:00 PM EDT
PG
The Procter & Gamble Company
$145.27Consumer DefensiveDelayed quote: Sep 11, 2026, 3:59 PM EDT
Total return — PEP vs PG
growth of $100 · dividends reinvested · last 10yPEP +78.1% (+5.9%/yr)PG +111.4% (+7.8%/yr)PG compounded faster over this window
PEP PG
PEP vs PG: by the numbers
- •PG is the larger company ($345.34B vs $186.21B market cap).
- •PEP trades at the lower trailing earnings multiple (17.87 vs 21.94 P/E), one valuation lens rather than an overall verdict.
- •PG converts more revenue to profit (18.44% vs 10.82% net margin).
- •PEP grew revenue faster over the past five years (5.37% vs 2.72% CAGR).
- •PEP pays the higher dividend yield (4.25% vs 3.01%).
Metrics side by side
Valuation
| Metric | PEP | PG |
|---|---|---|
| P/E ratio | 17.87 | 21.94 |
| Forward P/E | 15.94 | 20.82 |
| P/S ratio | 1.92 | 3.97 |
| P/B ratio | 8.43 | 6.36 |
| EV / EBITDA | 12.16 | 16.17 |
| FCF yield | 4.98% | 4.61% |
Profitability
| Metric | PEP | PG |
|---|---|---|
| Gross margin | 53.96% | 50.18% |
| Operating margin | 14.96% | 22.69% |
| Net margin | 10.82% | 18.44% |
| ROE | 47.45% | 29.54% |
| ROIC | 13.22% | 15.78% |
Dividends
| Metric | PEP | PG |
|---|---|---|
| Dividend yield | 4.25% | 3.01% |
| Payout ratio | 76.08% | 64.81% |
Growth (annualized)
| Metric | PEP | PG |
|---|---|---|
| Revenue CAGR (5Y) | 5.37% | 2.72% |
| EPS CAGR (5Y) | 3.25% | 3.48% |
| FCF CAGR (5Y) | 5.40% | 0.42% |
| Total return CAGR (5Y) | 0.63% | 2.41% |
Frequently asked
- Which has the lower trailing P/E, PEP or PG?
- PEP has the lower trailing P/E: PEP trades at 17.87 and PG at 21.94. 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 2.72%.
- Does PEP or PG pay a bigger dividend?
- PEP yields 4.25% and PG yields 3.01% 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 18.44%.
- How have PEP and PG total returns compared?
- Over the past 10 years, PEP delivered 6.00% and PG delivered 8.07% 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 September 10, 2026.