KO vs PEP: Stock Comparison
The Coca-Cola Company compared with PepsiCo, Inc.: size, valuation, growth, margins, dividends and returns.
KO vs PEP at a Glance
As of Nov 6, 2026, The Coca-Cola Company (KO) has a market capitalization of $412.62B versus $193.21B for PepsiCo, Inc. (PEP). Both companies are classified in the Beverages - Non-Alcoholic industry.
KO trades at 24.7x trailing and 19.3x forward earnings, compared with 17.7x trailing and 13.1x forward earnings for PEP as of Nov 6, 2026. Over the trailing twelve months, revenue grew 7.8% at KO and 6.4% at PEP, operating margins were 35.0% and 15.3%, and net profit margins 32.3% and 11.1%.
As of Nov 6, 2026, KO has a dividend yield of 2.20% and PEP 4.18%. Over the past year KO shares changed +36.32% versus −8.37% for PEP (price change, dividends excluded).
Key Figures Side by Side
| Metric | KO | PEP |
|---|---|---|
| Market cap | $412.62B | $193.21B |
| P/E ratio (TTM) | 24.71 | 17.70 |
| Forward P/E | 19.33 | 13.10 |
| Revenue growth (TTM, YoY) | 7.85% | 6.36% |
| Gross margin (TTM) | 62.92% | 54.17% |
| Operating margin (TTM) | 35.00% | 15.32% |
| Net profit margin (TTM) | 32.30% | 11.11% |
| Dividend yield | 2.20% | 4.18% |
| 1-year price change | +36.32% | −8.37% |
| Sector | Consumer Staples | Consumer Staples |
| Industry | Beverages - Non-Alcoholic | Beverages - Non-Alcoholic |
Source: Exchange price data and company financial statements. Data as of Nov 6, 2026. Data sources and methodology
Interactive KO vs PEP Comparison
Performance Comparison
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Comparison Results
Marked values are the best in their row where higher or lower is clearly better.
Frequently Asked Questions
Which is bigger, KO or PEP?
The Coca-Cola Company (KO) is larger as of Nov 6, 2026, with a market capitalization of $412.62B against $193.21B for PepsiCo, Inc. (PEP), about 2.1 times the size.
Which stock is cheaper, KO or PEP?
On trailing earnings PEP is cheaper as of Nov 6, 2026: it trades at 17.7x versus 24.7x for KO. On forward earnings KO trades at 19.3x and PEP at 13.1x. A lower multiple can also reflect slower expected growth.
Which pays a higher dividend, KO or PEP?
PEP pays more as of Nov 6, 2026: its dividend yield is 4.18% versus 2.20% for KO.
Which has performed better, KO or PEP?
KO has done better over the past year to Nov 6, 2026: its shares changed +36.32% against −8.37% for PEP. These are price changes and exclude dividends.