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.

Compare

Total returnPEP vs STZ

growth of $100 · dividends reinvested · last 10y
PEP +78.1% (+5.9%/yr)STZ -14.4% (-1.5%/yr)PEP compounded faster over this window
100150200Start $10020182020202220242026$178$86
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

MetricPEPSTZ
P/E ratio17.8711.68
Forward P/E15.9410.38
P/S ratio1.922.31
P/B ratio8.432.53
EV / EBITDA12.169.44
FCF yield4.98%8.77%

Profitability

MetricPEPSTZ
Gross margin53.96%52.62%
Operating margin14.96%32.14%
Net margin10.82%20.14%
ROE47.45%22.10%
ROIC13.22%10.85%

Dividends

MetricPEPSTZ
Dividend yield4.25%3.37%
Payout ratio76.08%39.12%

Growth (annualized)

MetricPEPSTZ
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.

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.