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Coca-Cola vs PepsiCo: financial comparison

Compare Coca-Cola and PepsiCo side by side: valuation, margins, growth, cash and dividends, with the quarterly history of both. Yahoo Finance data, free and no sign-up.

KO

Coca-Cola

KO

87.88 USD

See the Coca-Cola breakdown →
PEP

PepsiCo

PEP

129.71 USD

See the PepsiCo breakdown →

Coca-Cola vs PepsiCo: key metrics

Coca-ColaUSDPepsiCoUSD
Valuation
Market cap378.09 B USD177.18 B USD
P/E (TTM)26.3916.78
Forward P/E24.9214.47
Price / Sales7.541.83
EV / EBITDA24.2011.74
Price / Book10.468.02
Margins & growth
Profit margin+28.56%+10.79%
Operating margin+34.87%+16.84%
Quarterly revenue (YoY)—+6.4%
Quarterly earnings (YoY)—+136.03%
Cash flow
FCF yield+1.38%+4.42%
Stock-based compensation——
Balance
Cash16.37 B USD10.72 B USD
Debt44.26 B USD53.21 B USD
Net position-27.89 B USD-42.50 B USD
Dividend
Dividend yield+2.39%+4.51%
Payout ratio+62.46%+75.33%

Each column shows figures in that company's reporting currency (shown in the header); they are not converted. Ratios and percentages are currency-independent.

Price, rebased to 100

Coca-Cola163PepsiCo84
10012515017520212026

P/E (TTM)

Coca-Cola26.4×PepsiCo17.0×
20304020212026

Both curves start at 100 on the same day, so this compares returns rather than prices. Each week's P/E is the price divided by the earnings per share already reported by that date; loss-making weeks are not drawn.

What analysts expect

Consensus revenue and earnings per share for the periods not yet reported.

Revenue forecast · Coca-Cola

ReportedEstimate
05B10BQ3 25: 12.46 B USDQ3 25Q4 25: 11.82 B USDQ4 25Q1 26: 12.47 B USDQ1 26Q2 26: 13.38 B USDQ2 26Q3 26 · Estimate: 12.89 B USD (12.81 B USD – 13.03 B USD)Q3 26Q4 26 · Estimate: 10.97 B USD (10.69 B USD – 11.18 B USD)Q4 26USD

Consensus of 14 analysts for Q3 26 · +3.87% year on year

Revenue forecast · PepsiCo

ReportedEstimate
010B20B30BQ3 25: 23.94 B USDQ3 25Q4 25: 29.34 B USDQ4 25Q1 26: 19.44 B USDQ1 26Q2 26: 24.18 B USDQ2 26Q3 26 · Estimate: 25.00 B USD (24.65 B USD – 25.32 B USD)Q3 26Q4 26 · Estimate: 30.36 B USD (29.85 B USD – 30.80 B USD)Q4 26USD

Consensus of 14 analysts for Q3 26 · +4.45% year on year

EPS forecast · Coca-Cola

ReportedEstimate
00.250.50.75Q3 25: 0.82 · expected 0.78 (+5.32%)Q3 25Q4 25: 0.58 · expected 0.56 (+2.69%)Q4 25Q1 26: 0.86 · expected 0.81 (+5.88%)Q1 26Q2 26: 0.97 · expected 0.93 (+4.05%)Q2 26Q3 26 · Estimate: 0.88 (0.85 – 0.89)Q3 26Q4 26 · Estimate: 0.60 (0.57 – 0.63)Q4 26

Consensus of 18 analysts for Q3 26 · +7.19% year on year · adjusted earnings

EPS forecast · PepsiCo

ReportedEstimate
012Q3 25: 2.29 · expected 2.26 (+1.33%)Q3 25Q4 25: 2.26 · expected 2.24 (+1.02%)Q4 25Q1 26: 1.61 · expected 1.55 (+3.75%)Q1 26Q2 26: 2.20 · expected 2.21 (-0.37%)Q2 26Q3 26 · Estimate: 2.30 (2.26 – 2.33)Q3 26Q4 26 · Estimate: 2.44 (2.35 – 2.55)Q4 26

Consensus of 17 analysts for Q3 26 · +0.37% year on year · adjusted earnings

Analyst consensus from Yahoo Finance. The dashed bar is the average and the whisker runs from the lowest analyst to the highest. On periods already reported, the green or red line marks what had been expected: below the bar means the company beat it. EPS is measured on an adjusted basis, which is what analysts forecast against and is not the accounting profit in the statements.

Compared over time

Revenue

Coca-ColaPepsiCo
010B20BQ3 22 · Coca-Cola: 11.06 B USDQ3 22 · PepsiCo: 21.97 B USDQ3 22Q4 22 · Coca-Cola: 10.13 B USDQ4 22 · PepsiCo: 28.00 B USDQ1 23 · Coca-Cola: 10.98 B USDQ1 23 · PepsiCo: 17.85 B USDQ2 23 · Coca-Cola: 11.97 B USDQ2 23 · PepsiCo: 22.32 B USDQ2 23Q3 23 · Coca-Cola: 11.95 B USDQ3 23 · PepsiCo: 23.45 B USDQ4 23 · Coca-Cola: 10.85 B USDQ4 23 · PepsiCo: 27.85 B USDQ1 24 · Coca-Cola: 11.30 B USDQ1 24 · PepsiCo: 18.25 B USDQ1 24Q2 24 · Coca-Cola: 12.36 B USDQ2 24 · PepsiCo: 22.50 B USDQ3 24 · Coca-Cola: 11.85 B USDQ3 24 · PepsiCo: 23.32 B USDQ4 24 · PepsiCo: 27.78 B USDQ4 24Q1 25 · Coca-Cola: 11.13 B USDQ1 25 · PepsiCo: 17.92 B USDQ2 25 · Coca-Cola: 12.54 B USDQ2 25 · PepsiCo: 22.73 B USDQ3 25 · Coca-Cola: 12.46 B USDQ3 25 · PepsiCo: 23.94 B USDQ3 25Q4 25 · Coca-Cola: 11.82 B USDQ4 25 · PepsiCo: 29.34 B USDQ1 26 · Coca-Cola: 12.47 B USDQ1 26 · PepsiCo: 19.44 B USDQ2 26 · Coca-Cola: 13.38 B USDQ2 26 · PepsiCo: 24.18 B USDQ2 26USD

Net income

Coca-ColaPepsiCo
02B4BQ3 22 · Coca-Cola: 2.83 B USDQ3 22 · PepsiCo: 2.70 B USDQ3 22Q4 22 · Coca-Cola: 2.03 B USDQ4 22 · PepsiCo: 518.00 M USDQ1 23 · Coca-Cola: 3.11 B USDQ1 23 · PepsiCo: 1.93 B USDQ2 23 · Coca-Cola: 2.55 B USDQ2 23 · PepsiCo: 2.75 B USDQ2 23Q3 23 · Coca-Cola: 3.09 B USDQ3 23 · PepsiCo: 3.09 B USDQ4 23 · Coca-Cola: 1.97 B USDQ4 23 · PepsiCo: 1.30 B USDQ1 24 · Coca-Cola: 3.18 B USDQ1 24 · PepsiCo: 2.04 B USDQ1 24Q2 24 · Coca-Cola: 2.41 B USDQ2 24 · PepsiCo: 3.08 B USDQ3 24 · Coca-Cola: 2.85 B USDQ3 24 · PepsiCo: 2.93 B USDQ4 24 · PepsiCo: 1.52 B USDQ4 24Q1 25 · Coca-Cola: 3.33 B USDQ1 25 · PepsiCo: 1.83 B USDQ2 25 · Coca-Cola: 3.81 B USDQ2 25 · PepsiCo: 1.26 B USDQ3 25 · Coca-Cola: 3.70 B USDQ3 25 · PepsiCo: 2.60 B USDQ3 25Q4 25 · Coca-Cola: 2.27 B USDQ4 25 · PepsiCo: 2.54 B USDQ1 26 · Coca-Cola: 3.92 B USDQ1 26 · PepsiCo: 2.33 B USDQ2 26 · Coca-Cola: 4.43 B USDQ2 26 · PepsiCo: 2.98 B USDQ2 26USD

Free cash flow

Coca-ColaPepsiCo
-5B05BQ2 22 · Coca-Cola: 406.00 M USDQ2 22Q3 22 · Coca-Cola: 3.23 B USDQ4 22 · Coca-Cola: 2.24 B USDQ1 23 · Coca-Cola: -116.00 M USDQ1 23 · PepsiCo: -973.00 M USDQ1 23Q2 23 · Coca-Cola: 4.13 B USDQ3 23 · Coca-Cola: 3.91 B USDQ4 23 · Coca-Cola: 1.82 B USDQ4 23Q1 24 · Coca-Cola: 158.00 M USDQ1 24 · PepsiCo: -1.66 B USDQ2 24 · Coca-Cola: 3.16 B USDQ3 24 · Coca-Cola: -1.73 B USDQ3 24Q1 25 · Coca-Cola: -5.51 B USDQ1 25 · PepsiCo: -1.58 B USDQ2 25 · Coca-Cola: 3.37 B USDQ2 25 · PepsiCo: 1.07 B USDQ3 25 · Coca-Cola: 4.56 B USDQ3 25 · PepsiCo: 3.48 B USDQ3 25Q4 25 · Coca-Cola: 2.87 B USDQ4 25 · PepsiCo: 4.70 B USDQ1 26 · Coca-Cola: 1.76 B USDQ1 26 · PepsiCo: -406.00 M USDQ2 26 · Coca-Cola: 5.10 B USDQ2 26 · PepsiCo: 1.51 B USDQ2 26USD

EPS

Coca-ColaPepsiCo
012Q3 22 · Coca-Cola: 0.65Q3 22 · PepsiCo: 1.95Q3 22Q4 22 · Coca-Cola: 0.46Q4 22 · PepsiCo: 0.38Q1 23 · Coca-Cola: 0.72Q1 23 · PepsiCo: 1.40Q2 23 · Coca-Cola: 0.59Q2 23 · PepsiCo: 1.99Q2 23Q3 23 · Coca-Cola: 0.71Q3 23 · PepsiCo: 2.24Q4 23 · Coca-Cola: 0.45Q4 23 · PepsiCo: 0.93Q1 24 · Coca-Cola: 0.74Q1 24 · PepsiCo: 1.48Q1 24Q2 24 · Coca-Cola: 0.56Q2 24 · PepsiCo: 2.23Q3 24 · Coca-Cola: 0.66Q3 24 · PepsiCo: 2.13Q4 24 · PepsiCo: 1.11Q4 24Q1 25 · Coca-Cola: 0.77Q1 25 · PepsiCo: 1.33Q2 25 · Coca-Cola: 0.88Q2 25 · PepsiCo: 0.92Q3 25 · Coca-Cola: 0.86Q3 25 · PepsiCo: 1.90Q3 25Q4 25 · Coca-Cola: 0.53Q4 25 · PepsiCo: 1.85Q1 26 · Coca-Cola: 0.91Q1 26 · PepsiCo: 1.70Q2 26 · Coca-Cola: 1.03Q2 26 · PepsiCo: 2.18Q2 26

EBITDA

Coca-ColaPepsiCo
02B4B6BQ3 22 · Coca-Cola: 3.40 B USDQ3 22Q4 22 · Coca-Cola: 2.38 B USDQ1 23 · Coca-Cola: 3.65 B USDQ1 23 · PepsiCo: 3.22 B USDQ2 23 · Coca-Cola: 2.68 B USDQ2 23Q3 23 · Coca-Cola: 3.56 B USDQ4 23 · Coca-Cola: 2.54 B USDQ1 24 · Coca-Cola: 2.40 B USDQ1 24 · PepsiCo: 3.36 B USDQ1 24Q2 24 · Coca-Cola: 2.90 B USDQ2 24 · PepsiCo: 4.77 B USDQ3 24 · Coca-Cola: 2.78 B USDQ3 24 · PepsiCo: 4.59 B USDQ4 24 · PepsiCo: 3.33 B USDQ4 24Q1 25 · Coca-Cola: 3.93 B USDQ1 25 · PepsiCo: 3.27 B USDQ2 25 · Coca-Cola: 5.52 B USDQ2 25 · PepsiCo: 2.81 B USDQ3 25 · Coca-Cola: 4.84 B USDQ3 25 · PepsiCo: 4.59 B USDQ3 25Q4 25 · Coca-Cola: 3.63 B USDQ4 25 · PepsiCo: 4.71 B USDQ1 26 · Coca-Cola: 5.25 B USDQ1 26 · PepsiCo: 4.18 B USDQ2 26 · Coca-Cola: 6.11 B USDQ2 26 · PepsiCo: 5.16 B USDQ2 26USD

Source: Yahoo Finance. Quarterly history grows automatically over time as new quarters are published.

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