Is PEP or STZ cheaper?

On trailing earnings, STZ is cheaper: PEP trades at a 22.65 P/E and STZ at 15.49.

Which has grown faster, PEP or STZ?

Over the past five years, PEP grew revenue faster — PEP at a 6.00% CAGR versus STZ at 1.19%.

Does PEP or STZ pay a bigger dividend?

PEP yields 3.98% and STZ yields 2.75% based on trailing dividends and the latest price.

Is PEP or STZ more profitable?

STZ runs the higher net margin — PEP at 9.16% versus STZ at 18.46%.

Which has been the better investment, PEP or STZ?

Over the past 10-year, PEP delivered the higher annualized total return — PEP at 6.61% versus STZ at 1.25%. Past performance doesn't predict future results.

PepsiCo, Inc. (PEP) vs Constellation Brands, Inc. (STZ)

PEP leads on 9 of 16 compared metrics, though STZ is the cheaper stock.

A side-by-side comparison of PepsiCo, Inc. and Constellation Brands, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

PEP

PepsiCo, Inc.

$197.21B

$144.27Consumer Defensive

STZ

Constellation Brands, Inc.

$25.47B

$148.51Consumer Defensive

Not enough overlapping price history to compare PEP and STZ.

PEP vs STZ: by the numbers

•PEP is the larger company ($197.21B vs $25.47B market cap).
•STZ trades at the lower earnings multiple (15.49 vs 22.65 P/E).
•STZ converts more revenue to profit (18.46% vs 9.16% net margin).
•PEP grew revenue faster over the past five years (6.00% vs 1.19% CAGR).
•PEP pays the higher dividend yield (3.98% vs 2.75%).

Which is better, PEP or STZ?

Metric tally: PEP 9 · STZ 7

It depends on what you're optimizing for:

ValueSTZ(lower P/E)

GrowthPEP(faster 5Y revenue CAGR)

IncomePEP(higher dividend yield)

QualityPEP(higher ROIC)

Valuation

Metric	PEP	STZ
P/E ratio	22.65	15.49●
Forward P/E	15.81	11.90●
P/S ratio	2.07●	2.82
P/B ratio	9.25	3.19●
PEG ratio	9.44	—
EV / EBITDA	15.92	11.70●
FCF yield	4.47%	6.95%●

Profitability

Metric	PEP	STZ
Gross margin	54.06%●	51.67%
Operating margin	14.79%	31.33%●
Net margin	9.16%	18.46%●
ROE	40.89%●	20.87%
ROIC	13.29%●	10.48%

Dividends

Metric	PEP	STZ
Dividend yield	3.98%●	2.75%
Payout ratio	95.32%	42.52%

Growth (annualized)

Metric	PEP	STZ
Revenue CAGR (5Y)	6.00%●	1.19%
EPS CAGR (5Y)	2.40%●	-1.59%
FCF CAGR (5Y)	6.62%●	-1.57%
Total return CAGR (5Y)	2.72%●	-7.36%

Frequently asked

Which is better, PEP or STZ?: It depends on your goal. value: STZ (lower P/E); growth: PEP (faster 5Y revenue CAGR); income: PEP (higher dividend yield); quality: PEP (higher ROIC). Across all compared metrics, PEP leads 9 to 7.
Is PEP or STZ cheaper?: On trailing earnings, STZ is cheaper: PEP trades at a 22.65 P/E and STZ at 15.49.
Which has grown faster, PEP or STZ?: Over the past five years, PEP grew revenue faster — PEP at a 6.00% CAGR versus STZ at 1.19%.
Does PEP or STZ pay a bigger dividend?: PEP yields 3.98% and STZ yields 2.75% based on trailing dividends and the latest price.
Is PEP or STZ more profitable?: STZ runs the higher net margin — PEP at 9.16% versus STZ at 18.46%.
Which has been the better investment, PEP or STZ?: Over the past 10-year, PEP delivered the higher annualized total return — PEP at 6.61% versus STZ at 1.25%. Past performance doesn't predict future results.

Go deeper

Full PEP analysis Full STZ analysis Interactive comparison tool

Dig into the metrics

PepsiCo P/E ratio Constellation Brands P/E ratio PepsiCo dividend yield Constellation Brands dividend yield PepsiCo ROE Constellation Brands ROE PepsiCo operating margin Constellation Brands operating margin PepsiCo revenue growth Constellation Brands revenue growth PepsiCo free cash flow Constellation Brands free cash flow

PepsiCo & Constellation Brands appear in these rankings

Highest Dividend Yield Stocks Dividend Aristocrats Highest ROE Stocks Highest Operating Margin Stocks

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 June 13, 2026.