PepsiCo, Inc. (PEP) vs Walmart Inc. (WMT)
A side-by-side comparison of PepsiCo, Inc. and Walmart Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.
PEP
PepsiCo, Inc.
$142.86Consumer DefensiveDelayed quote: Jul 28, 2026, 4:00 PM EDT
WMT
Walmart Inc.
$113.10Consumer DefensiveDelayed quote: Jul 28, 2026, 4:00 PM EDT
Total return — PEP vs WMT
growth of $100 · dividends reinvested · last 30yPEP +819.5%WMT +4540.3%WMT compounded faster
Log scale — wide-divergence pair
PEP WMT
PEP vs WMT: by the numbers
- •WMT is the larger company ($900.06B vs $195.15B market cap).
- •PEP trades at the lower trailing earnings multiple (18.32 vs 39.21 P/E), one valuation lens rather than an overall verdict.
- •PEP converts more revenue to profit (10.82% vs 3.13% net margin).
- •PEP grew revenue faster over the past five years (5.37% vs 5.20% CAGR).
- •PEP pays the higher dividend yield (4.11% vs 0.86%).
Metrics side by side
Valuation
| Metric | PEP | WMT |
|---|---|---|
| P/E ratio | 18.32 | 39.21 |
| Forward P/E | 16.34 | 42.36 |
| P/S ratio | 1.97 | 1.23 |
| P/B ratio | 8.66 | 9.48 |
| PEG ratio | 7.63 | 3.29 |
| EV / EBITDA | 12.43 | 21.35 |
| FCF yield | 4.85% | 1.40% |
Profitability
| Metric | PEP | WMT |
|---|---|---|
| Gross margin | 53.96% | 24.98% |
| Operating margin | 14.96% | 4.16% |
| Net margin | 10.82% | 3.13% |
| ROE | 47.45% | 24.10% |
| ROIC | 13.29% | 11.87% |
Dividends
| Metric | PEP | WMT |
|---|---|---|
| Dividend yield | 4.11% | 0.86% |
| Payout ratio | 95.32% | 35.22% |
Growth (annualized)
| Metric | PEP | WMT |
|---|---|---|
| Revenue CAGR (5Y) | 5.37% | 5.20% |
| EPS CAGR (5Y) | 2.40% | 10.95% |
| FCF CAGR (5Y) | 5.40% | -9.94% |
| Total return CAGR (5Y) | 0.72% | 20.16% |
Frequently asked
- Which has the lower trailing P/E, PEP or WMT?
- PEP has the lower trailing P/E: PEP trades at 18.32 and WMT at 39.21. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, PEP or WMT?
- Over the past five years, PEP grew revenue faster — PEP at a 5.37% CAGR versus WMT at 5.20%.
- Does PEP or WMT pay a bigger dividend?
- PEP yields 4.11% and WMT yields 0.86% based on trailing dividends and the latest price.
- Is PEP or WMT more profitable?
- PEP runs the higher net margin — PEP at 10.82% versus WMT at 3.13%.
- How have PEP and WMT total returns compared?
- Over the past 10 years, PEP delivered 5.85% and WMT delivered 18.43% annualized total return. 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 July 28, 2026.