Keurig Dr Pepper (KDP) 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
Keurig Dr Pepper (KDP) has outperformed PepsiCo (PEP) over the past year, gaining 20.6% versus a loss of 7.6%. Over five years, KDP leads with a -13.5% price change compared with -22.1% for PEP. PepsiCo is the larger company by market cap ($175.31 billion vs $42.54 billion), about 4.1 times the size, while Keurig Dr Pepper is growing revenue faster (+8.2% vs +2.3%).
On valuation, Keurig Dr Pepper trades at a lower forward P/E (12.4x vs 14.5x for PepsiCo). Keurig Dr Pepper pays a dividend yielding 2.94%, while PepsiCo does not currently pay one. Keurig Dr Pepper converts more of its revenue into profit, with a net margin of 12.5% 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 | KDP | PEP |
|---|---|---|
| Share price | $31.26 | $128.34 |
| Market cap | $42.54B | $175.31B |
| 1-day change | +2.36% | +3.73% |
| YTD return | +9.03% | -10.58% |
| 1-year return | +20.57% | -7.56% |
| 5-year return | -13.51% | -22.09% |
| P/E ratio (TTM) | 31.58 | 16.82 |
| Forward P/E | 12.35 | 14.45 |
| EPS (TTM) | $0.99 | $7.63 |
| Dividend yield | 2.94% | 4.78% |
| Annual dividend | $0.92 | $0.00 |
| Revenue (latest FY) | $16.60B | $93.92B |
| Revenue growth (YoY) | +8.16% | +2.25% |
| Net income (latest FY) | $2.08B | $8.24B |
| Gross margin | 54.20% | 54.15% |
| Operating margin | 21.53% | 12.24% |
| Net margin | 12.52% | 8.77% |
| 52-week high | $33.82 | $171.48 |
| 52-week low | $24.88 | $123.47 |
| Distance from 52-week high | -7.57% | -25.16% |
| Analyst consensus | buy | hold |
| Avg. price target upside | +15.83% | +15.82% |
| Average volume | 11.15M | 8.23M |
| Shares outstanding | 1.36B | 1.37B |
| Employees | 50,000 | 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 4.1 times larger than Keurig Dr Pepper by market value ($175.31B vs $42.54B).
- KDP has outperformed PEP by 28.1 percentage points over the past year.
- Keurig Dr Pepper trades at a higher earnings multiple (31.6x vs 16.8x trailing P/E).
- PepsiCo offers a meaningfully higher dividend yield (4.78% vs 2.94%).
- Keurig Dr Pepper grew revenue faster in its latest fiscal year (+8.16% vs +2.25%).
About Keurig Dr Pepper
KDP stock →Keurig Dr Pepper Inc. owns, manufactures, and distributors beverages and single serve brewing systems in the United States and internationally.
Consumer Staples · Beverages (Production/Distribution) · 50,000 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
KDP vs PEP FAQ
Which is bigger, Keurig Dr Pepper or PepsiCo?
PepsiCo (PEP) is larger, with a market capitalization of $175.31B compared with $42.54B for Keurig Dr Pepper (KDP).
Which stock has performed better over the past year, KDP or PEP?
KDP returned +20.57% 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, KDP or PEP?
PEP has the lower trailing P/E at 16.8, versus 31.6 for KDP. 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, Keurig Dr Pepper or PepsiCo?
PepsiCo has the higher yield at 4.78%, compared with 2.94% for Keurig Dr Pepper.
Are Keurig Dr Pepper and PepsiCo in the same industry?
Yes. Both are classified in the Beverages (Production/Distribution) industry within the Consumer Staples sector.