PepsiCo, Inc. (PEP) vs Walmart Inc. (WMT)
PEP leads on 13 of 17 compared metrics.
A side-by-side comparison of PepsiCo, Inc. and Walmart 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).
Total return — PEP vs WMT
growth of $100 · last 30yPEP +330.7%WMT +2695.4%WMT compounded faster
Log scale — wide-divergence pair
PEP WMT
PEP vs WMT: by the numbers
- •WMT is the larger company ($963.25B vs $197.21B market cap).
- •PEP trades at the lower earnings multiple (22.65 vs 42.47 P/E).
- •PEP converts more revenue to profit (9.16% vs 3.18% net margin).
- •PEP grew revenue faster over the past five years (6.00% vs 5.20% CAGR).
- •PEP pays the higher dividend yield (3.98% vs 0.80%).
Which is better, PEP or WMT?
Metric tally: PEP 13 · WMT 4It depends on what you're optimizing for:
ValuePEP(lower P/E)
GrowthPEP(faster 5Y revenue CAGR)
IncomePEP(higher dividend yield)
QualityPEP(higher ROIC)
Valuation
| Metric | PEP | WMT |
|---|---|---|
| P/E ratio | 22.65● | 42.47 |
| Forward P/E | 15.81● | 36.88 |
| P/S ratio | 2.07 | 1.33● |
| P/B ratio | 9.25● | 10.26 |
| PEG ratio | 9.44 | 3.29● |
| EV / EBITDA | 15.92● | 23.28 |
| FCF yield | 4.47%● | 1.30% |
Profitability
| Metric | PEP | WMT |
|---|---|---|
| Gross margin | 54.06%● | 24.98% |
| Operating margin | 14.79%● | 4.16% |
| Net margin | 9.16%● | 3.18% |
| ROE | 40.89%● | 24.44% |
| ROIC | 13.29%● | 11.87% |
Dividends
| Metric | PEP | WMT |
|---|---|---|
| Dividend yield | 3.98%● | 0.80% |
| Payout ratio | 95.32% | 35.22% |
Growth (annualized)
| Metric | PEP | WMT |
|---|---|---|
| Revenue CAGR (5Y) | 6.00%● | 5.20% |
| EPS CAGR (5Y) | 2.40% | 10.95%● |
| FCF CAGR (5Y) | 6.62%● | -9.94% |
| Total return CAGR (5Y) | 2.72% | 22.41%● |
Frequently asked
- Which is better, PEP or WMT?
- It depends on your goal. value: PEP (lower P/E); growth: PEP (faster 5Y revenue CAGR); income: PEP (higher dividend yield); quality: PEP (higher ROIC). Across all compared metrics, PEP leads 13 to 4.
- Is PEP or WMT cheaper?
- On trailing earnings, PEP is cheaper: PEP trades at a 22.65 P/E and WMT at 42.47.
- Which has grown faster, PEP or WMT?
- Over the past five years, PEP grew revenue faster — PEP at a 6.00% CAGR versus WMT at 5.20%.
- Does PEP or WMT pay a bigger dividend?
- PEP yields 3.98% and WMT yields 0.80% based on trailing dividends and the latest price.
- Is PEP or WMT more profitable?
- PEP runs the higher net margin — PEP at 9.16% versus WMT at 3.18%.
- Which has been the better investment, PEP or WMT?
- Over the past 10-year, WMT delivered the higher annualized total return — PEP at 6.61% versus WMT at 19.73%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
PepsiCo P/E ratioWalmart P/E ratioPepsiCo dividend yieldWalmart dividend yieldPepsiCo ROEWalmart ROEPepsiCo operating marginWalmart operating marginPepsiCo revenue growthWalmart revenue growthPepsiCo free cash flowWalmart free cash flow
PepsiCo & Walmart 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 June 13, 2026.