PepsiCo, Inc. (PEP) vs Constellation Brands, Inc. (STZ)
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 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
STZ
Constellation Brands, Inc.
$122.45Consumer DefensiveDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — PEP vs STZ
growth of $100 · dividends reinvested · last 10yPEP +78.1% (+5.9%/yr)STZ -14.4% (-1.5%/yr)PEP compounded faster over this window
PEP STZ
PEP vs STZ: by the numbers
- •PEP is the larger company ($186.21B vs $20.91B market cap).
- •STZ trades at the lower trailing earnings multiple (11.68 vs 17.87 P/E), one valuation lens rather than an overall verdict.
- •STZ converts more revenue to profit (20.14% vs 10.82% net margin).
- •PEP grew revenue faster over the past five years (5.37% vs 0.86% CAGR).
- •PEP pays the higher dividend yield (4.25% vs 3.37%).
Metrics side by side
Valuation
| Metric | PEP | STZ |
|---|---|---|
| P/E ratio | 17.87 | 11.68 |
| Forward P/E | 15.94 | 10.38 |
| P/S ratio | 1.92 | 2.31 |
| P/B ratio | 8.43 | 2.53 |
| EV / EBITDA | 12.16 | 9.44 |
| FCF yield | 4.98% | 8.77% |
Profitability
| Metric | PEP | STZ |
|---|---|---|
| Gross margin | 53.96% | 52.62% |
| Operating margin | 14.96% | 32.14% |
| Net margin | 10.82% | 20.14% |
| ROE | 47.45% | 22.10% |
| ROIC | 13.22% | 10.85% |
Dividends
| Metric | PEP | STZ |
|---|---|---|
| Dividend yield | 4.25% | 3.37% |
| Payout ratio | 76.08% | 39.12% |
Growth (annualized)
| Metric | PEP | STZ |
|---|---|---|
| Revenue CAGR (5Y) | 5.37% | 0.86% |
| EPS CAGR (5Y) | 3.25% | -1.59% |
| FCF CAGR (5Y) | 5.40% | -1.73% |
| Total return CAGR (5Y) | 0.63% | -9.18% |
Frequently asked
- Which has the lower trailing P/E, PEP or STZ?
- STZ has the lower trailing P/E: PEP trades at 17.87 and STZ at 11.68. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, PEP or STZ?
- Over the past five years, PEP grew revenue faster — PEP at a 5.37% CAGR versus STZ at 0.86%.
- Does PEP or STZ pay a bigger dividend?
- PEP yields 4.25% and STZ yields 3.37% based on trailing dividends and the latest price.
- Is PEP or STZ more profitable?
- STZ runs the higher net margin — PEP at 10.82% versus STZ at 20.14%.
- How have PEP and STZ total returns compared?
- Over the past 10 years, PEP delivered 6.00% and STZ delivered -1.27% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
PepsiCo P/E ratioConstellation Brands P/E ratioPepsiCo dividend yieldConstellation Brands dividend yieldPepsiCo ROEConstellation Brands ROEPepsiCo operating marginConstellation Brands operating marginPepsiCo revenue growthConstellation Brands revenue growthPepsiCo free cash flowConstellation Brands free cash flow
PepsiCo & Constellation Brands appear in these rankings
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.