PepsiCo, Inc. (PEP) vs QUALCOMM Incorporated (QCOM)

A side-by-side comparison of PepsiCo, Inc. and QUALCOMM Incorporated 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.

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

Total returnPEP vs QCOM

growth of $100 · dividends reinvested · last 10y
PEP +78.1% (+5.9%/yr)QCOM +266.0% (+13.9%/yr)QCOM compounded faster over this window
100200300400500Start $10020182020202220242026$178$366
PEP QCOM

PEP vs QCOM: by the numbers

  • QCOM is the larger company ($191.07B vs $186.21B market cap).
  • PEP trades at the lower trailing earnings multiple (17.87 vs 20.77 P/E), one valuation lens rather than an overall verdict.
  • QCOM converts more revenue to profit (21.01% vs 10.82% net margin).
  • QCOM grew revenue faster over the past five years (6.23% vs 5.37% CAGR).
  • PEP pays the higher dividend yield (4.25% vs 2.05%).

Metrics side by side

Valuation

MetricPEPQCOM
P/E ratio17.8720.77
Forward P/E15.9417.26
P/S ratio1.924.34
P/B ratio8.436.91
EV / EBITDA12.1617.11
FCF yield4.98%5.45%

Profitability

MetricPEPQCOM
Gross margin53.96%54.23%
Operating margin14.96%23.19%
Net margin10.82%21.01%
ROE47.45%33.48%
ROIC13.22%17.42%

Dividends

MetricPEPQCOM
Dividend yield4.25%2.05%
Payout ratio76.08%41.32%

Growth (annualized)

MetricPEPQCOM
Revenue CAGR (5Y)5.37%6.23%
EPS CAGR (5Y)3.25%2.02%
FCF CAGR (5Y)5.40%2.09%
Total return CAGR (5Y)0.63%6.80%

Frequently asked

Which has the lower trailing P/E, PEP or QCOM?
PEP has the lower trailing P/E: PEP trades at 17.87 and QCOM at 20.77. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, PEP or QCOM?
Over the past five years, QCOM grew revenue faster — PEP at a 5.37% CAGR versus QCOM at 6.23%.
Does PEP or QCOM pay a bigger dividend?
PEP yields 4.25% and QCOM yields 2.05% based on trailing dividends and the latest price.
Is PEP or QCOM more profitable?
QCOM runs the higher net margin — PEP at 10.82% versus QCOM at 21.01%.
How have PEP and QCOM total returns compared?
Over the past 10 years, PEP delivered 6.00% and QCOM delivered 14.33% 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 10, 2026.