Alphabet (GOOGL) vs PepsiCo (PEP)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Alphabet (GOOGL) has outperformed PepsiCo (PEP) over the past year, gaining 42.4% versus a loss of 7.6%. Over five years, GOOGL leads with a +146.4% price change compared with -19.2% for PEP. Alphabet is the larger company by market cap ($4.26 trillion vs $174.89 billion), about 24.4 times the size.
On valuation, PepsiCo trades at a lower forward P/E (14.6x vs 23.1x for Alphabet). PepsiCo offers the higher dividend yield (4.38% vs 0.24%). Alphabet converts more of its revenue into profit, with a net margin of 32.8% versus 8.8%.
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 | GOOGL | PEP |
|---|---|---|
| Share price | $348.29 | $128.34 |
| Market cap | $4.26T | $174.89B |
| 1-day change | -0.63% | +3.73% |
| YTD return | +11.27% | -10.58% |
| 1-year return | +42.38% | -7.56% |
| 5-year return | +146.37% | -19.19% |
| P/E ratio (TTM) | 17.48 | 16.82 |
| Forward P/E | 23.11 | 14.59 |
| EPS (TTM) | $19.93 | $7.63 |
| Dividend yield | 0.24% | 4.38% |
| Annual dividend | $0.85 | $5.62 |
| Revenue (latest FY) | $402.84B | $93.92B |
| Revenue growth (YoY) | +15.09% | +2.25% |
| Net income (latest FY) | $132.17B | $8.24B |
| Gross margin | 59.65% | 54.15% |
| Operating margin | 32.03% | 12.24% |
| Net margin | 32.81% | 8.77% |
| 52-week high | $408.61 | $171.48 |
| 52-week low | $235.84 | $123.47 |
| Distance from 52-week high | -14.76% | -25.16% |
| Analyst consensus | strong_buy | hold |
| Avg. price target upside | +23.31% | +15.82% |
| Average volume | 26.98M | 8.31M |
| Shares outstanding | 5.87B | 1.36B |
| Employees | 198,933 | 306,000 |
| Sector | Technology | Consumer Staples |
| Industry | Computer Software: Programming Data Processing | 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
- Alphabet is about 24.4 times larger than PepsiCo by market value ($4.26T vs $174.89B).
- GOOGL has outperformed PEP by 49.9 percentage points over the past year.
- PepsiCo offers a meaningfully higher dividend yield (4.38% vs 0.24%).
- Alphabet is more profitable, keeping 32.8 cents of every revenue dollar as net income versus 8.8 cents for PepsiCo.
- Alphabet grew revenue faster in its latest fiscal year (+15.09% vs +2.25%).
- The two companies sit in different sectors: Alphabet in Technology and PepsiCo in Consumer Staples.
About Alphabet
GOOGL stock →Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America.
Technology · Computer Software: Programming Data Processing · 198,933 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
GOOGL vs PEP FAQ
Which is bigger, Alphabet or PepsiCo?
Alphabet (GOOGL) is larger, with a market capitalization of $4.26T compared with $174.89B for PepsiCo (PEP).
Which stock has performed better over the past year, GOOGL or PEP?
GOOGL returned +42.38% over the past 12 months, compared with -7.56% for PEP (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, GOOGL or PEP?
PEP has the lower trailing P/E at 16.8, versus 17.5 for GOOGL. 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, Alphabet or PepsiCo?
PepsiCo has the higher yield at 4.38%, compared with 0.24% for Alphabet.
Are Alphabet and PepsiCo in the same industry?
No. Alphabet is in the Technology sector, while PepsiCo is in Consumer Staples.