Ambev S.A. (ABEV) vs PepsiCo (PEP)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Ambev S.A. (ABEV) has outperformed PepsiCo (PEP) over the past year, gaining 45.8% versus a loss of 12.1%. Over five years, ABEV leads with a +12.9% price change compared with -22.1% for PEP. PepsiCo is the larger company by market cap ($172.14 billion vs $48.72 billion), about 3.5 times the size.
On valuation, PepsiCo trades at a lower forward P/E (14.1x vs 14.7x for Ambev S.A.). Ambev S.A. offers the higher dividend yield (23.10% vs 4.56%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ABEV | PEP |
|---|---|---|
| Share price | $3.16 | $126.02 |
| Market cap | $48.72B | $172.14B |
| 1-day change | +0.32% | +1.85% |
| YTD return | +27.53% | -13.79% |
| 1-year return | +45.83% | -12.12% |
| 5-year return | +12.90% | -22.09% |
| P/E ratio (TTM) | 16.63 | 16.52 |
| Forward P/E | 14.70 | 14.14 |
| EPS (TTM) | $0.19 | $7.63 |
| Dividend yield | 23.10% | 4.56% |
| Annual dividend | $0.73 | $5.75 |
| Revenue (latest FY) | — | $93.92B |
| Revenue growth (YoY) | — | +2.25% |
| Net income (latest FY) | — | $8.24B |
| Gross margin | — | 54.15% |
| Operating margin | — | 12.24% |
| Net margin | — | 8.77% |
| 52-week high | $3.45 | $171.48 |
| 52-week low | $2.10 | $123.47 |
| Distance from 52-week high | -8.41% | -26.51% |
| Analyst consensus | hold | hold |
| Avg. price target upside | +6.01% | +17.95% |
| Average volume | 27.53M | 8.23M |
| Shares outstanding | 15.42B | 1.37B |
| Employees | 39,000 | 306,000 |
| Sector | Consumer Staples | Consumer Staples |
| Industry | Beverages (Production/Distribution) | Beverages (Production/Distribution) |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- PepsiCo is about 3.5 times larger than Ambev S.A. by market value ($172.14B vs $48.72B).
- ABEV has outperformed PEP by 58.0 percentage points over the past year.
- Ambev S.A. offers a meaningfully higher dividend yield (23.10% vs 4.56%).
About Ambev S.A.
ABEV stock →Ambev S.A., through its subsidiaries, engages in the production, distribution, and sale of beer, draft beer, soft drinks, malt and food, and other beverages in Brazil, Central America and Caribbean, Latin America South, and Canada. The company offers beer, ready-to-drink cocktails and spritzers, soft drinks, water, teas, and isotonic drinks under the Brahma, Skol, Antarctica, Original, Quilmes, Andes Origen, Patricia, Paceha, Huari, Pilsen, Presidente, Balboa, Guaraná Antarctica, and Beats brands.
Consumer Staples · Beverages (Production/Distribution) · 39,000 employees
About PepsiCo
PEP stock →PepsiCo, Inc. engages in the manufacture, marketing, distribution, and sale of various beverages and convenient foods worldwide.
Consumer Staples · Beverages (Production/Distribution) · 306,000 employees
ABEV vs PEP FAQ
Which is bigger, Ambev S.A. or PepsiCo?
PepsiCo (PEP) is larger, with a market capitalization of $172.14B compared with $48.72B for Ambev S.A. (ABEV).
Which stock has performed better over the past year, ABEV or PEP?
ABEV returned +45.83% over the past 12 months, compared with -12.12% for PEP (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ABEV or PEP?
PEP has the lower trailing P/E at 16.5, versus 16.6 for ABEV. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Ambev S.A. or PepsiCo?
Ambev S.A. has the higher yield at 23.10%, compared with 4.56% for PepsiCo.
Are Ambev S.A. and PepsiCo in the same industry?
Yes. Both are classified in the Beverages (Production/Distribution) industry within the Consumer Staples sector.