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KDP vs PEP stock comparison

Keurig Dr Pepper Inc. vs PepsiCo, Inc., two Beverages stocks. A side-by-side on valuation, growth, margins, returns, and what each price is betting.

Where KDP and PEP diverge most: on return on equity, KDP reads 6.3% and PEP reads 46.9%; on return on invested capital, KDP reads 4.9% and PEP reads 34.1%. The rest of the comparable metrics sit closer together. What KDP's price implies is a bet that sits within the historical range (whole-company basis). What PEP's price implies is a bet that sits within the historical range (whole-company basis). The bull and bear cases for each are in their full reports below.

KDP vs PEP: the numbers

MetricKDPPEP
Price$31.13$139.60
Market cap$42.5B$191.1B
SectorBeveragesBeverages
StageMatureMature
P/E23.118.3
P/B1.458.58
P/S2.511.97
EV/EBITDA18.510.7
Revenue growth+9.2%+5.8%
Gross margin52.8%54.2%
Operating margin19.0%16.6%
Net margin10.8%10.8%
Return on equity6.3%46.9%
Return on assets2.5%9.3%
Return on invested capital4.9%34.1%
FCF yield3.7%4.9%
Dividend yield3.0%4.0%
Debt / equity0.880.48
Current ratio2.310.93
Altman Z (solvency)1.233.16
Piotroski F (quality)4 / 95 / 9
Full KDP report → Full PEP report →
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The stronger value is highlighted per metric where one is strictly better on that single number; it is not an overall verdict on either company. For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.