Coca-Cola Consolidated (COKE) vs PepsiCo (PEP)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
Coca-Cola Consolidated (COKE) has outperformed PepsiCo (PEP) over the past year, gaining 60.0% versus a loss of 13.0%. Over five years, COKE leads with a +384.2% price change compared with -20.7% for PEP. PepsiCo is the larger company by market cap ($171.66 billion vs $13.06 billion), about 13.1 times the size, while Coca-Cola Consolidated is growing revenue faster (+4.8% vs +2.3%).
On valuation, Coca-Cola Consolidated trades at a lower forward P/E (5.0x vs 14.5x for PepsiCo). PepsiCo offers the higher dividend yield (4.46% vs 0.51%). PepsiCo converts more of its revenue into profit, with a net margin of 8.8% versus 7.9%.
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 | COKE | PEP |
|---|---|---|
| Share price | $196.24 | $125.97 |
| Market cap | $13.06B | $171.66B |
| 1-day change | +2.28% | -1.85% |
| YTD return | +25.15% | -12.23% |
| 1-year return | +59.98% | -12.95% |
| 5-year return | +384.20% | -20.68% |
| P/E ratio (TTM) | 26.06 | 15.85 |
| Forward P/E | 5.04 | 14.49 |
| EPS (TTM) | $7.53 | $7.95 |
| Dividend yield | 0.51% | 4.46% |
| Annual dividend | $1.00 | $5.62 |
| Revenue (latest FY) | $7.23B | $93.92B |
| Revenue growth (YoY) | +4.76% | +2.25% |
| Net income (latest FY) | $570.58M | $8.24B |
| Gross margin | 39.74% | 54.15% |
| Operating margin | 13.15% | 12.24% |
| Net margin | 7.89% | 8.77% |
| 52-week high | $219.65 | $171.48 |
| 52-week low | $123.42 | $123.47 |
| Distance from 52-week high | -10.66% | -26.54% |
| Analyst consensus | — | hold |
| Avg. price target upside | — | +18.00% |
| Average volume | 488.49K | 8.30M |
| Shares outstanding | 56.52M | 1.36B |
| Employees | 15,000 | 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 13.1 times larger than Coca-Cola Consolidated by market value ($171.66B vs $13.06B).
- COKE has outperformed PEP by 72.9 percentage points over the past year.
- Coca-Cola Consolidated trades at a higher earnings multiple (26.1x vs 15.8x trailing P/E).
- PepsiCo offers a meaningfully higher dividend yield (4.46% vs 0.51%).
About Coca-Cola Consolidated
COKE stock →Coca-Cola Consolidated, Inc., together with its subsidiaries, manufactures, markets, and distributes nonalcoholic beverages in the United States. It operates through Nonalcoholic Beverages and All Other segments.
Consumer Staples · Beverages (Production/Distribution) · 15,000 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
COKE vs PEP FAQ
Which is bigger, Coca-Cola Consolidated or PepsiCo?
PepsiCo (PEP) is larger, with a market capitalization of $171.66B compared with $13.06B for Coca-Cola Consolidated (COKE).
Which stock has performed better over the past year, COKE or PEP?
COKE returned +59.98% over the past 12 months, compared with -12.95% for PEP (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, COKE or PEP?
PEP has the lower trailing P/E at 15.8, versus 26.1 for COKE. 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, Coca-Cola Consolidated or PepsiCo?
PepsiCo has the higher yield at 4.46%, compared with 0.51% for Coca-Cola Consolidated.
Are Coca-Cola Consolidated and PepsiCo in the same industry?
Yes. Both are classified in the Beverages (Production/Distribution) industry within the Consumer Staples sector.