Mondelez International (MDLZ) 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
Mondelez International (MDLZ) has outperformed PepsiCo (PEP) over the past year, losing 1.6% versus a loss of 7.6%. Over five years, MDLZ leads with a +0.9% price change compared with -19.2% for PEP. PepsiCo is the larger company by market cap ($175.31 billion vs $77.43 billion), about 2.3 times the size, while Mondelez International is growing revenue faster (+5.8% vs +2.3%).
On valuation, PepsiCo trades at a lower forward P/E (14.5x vs 18.0x for Mondelez International). Mondelez International pays a dividend yielding 3.30%, while PepsiCo does not currently pay one. PepsiCo converts more of its revenue into profit, with a net margin of 8.8% versus 6.4%.
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 | MDLZ | PEP |
|---|---|---|
| Share price | $60.67 | $128.34 |
| Market cap | $77.43B | $175.31B |
| 1-day change | +2.17% | +3.73% |
| YTD return | +12.71% | -10.58% |
| 1-year return | -1.61% | -7.56% |
| 5-year return | +0.86% | -19.19% |
| P/E ratio (TTM) | 22.31 | 16.82 |
| Forward P/E | 18.04 | 14.49 |
| EPS (TTM) | $2.72 | $7.63 |
| Dividend yield | 3.30% | 4.78% |
| Annual dividend | $2.00 | $0.00 |
| Revenue (latest FY) | $38.54B | $93.92B |
| Revenue growth (YoY) | +5.75% | +2.25% |
| Net income (latest FY) | $2.45B | $8.24B |
| Gross margin | 28.38% | 54.15% |
| Operating margin | 9.21% | 12.24% |
| Net margin | 6.36% | 8.77% |
| 52-week high | $66.65 | $171.48 |
| 52-week low | $51.20 | $123.47 |
| Distance from 52-week high | -8.97% | -25.16% |
| Analyst consensus | buy | hold |
| Avg. price target upside | +13.73% | +15.82% |
| Average volume | 8.21M | 8.23M |
| Shares outstanding | 1.28B | 1.37B |
| Employees | 91,000 | 306,000 |
| Sector | Consumer Staples | Consumer Staples |
| Industry | Packaged Foods | 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 2.3 times larger than Mondelez International by market value ($175.31B vs $77.43B).
- Mondelez International trades at a higher earnings multiple (22.3x vs 16.8x trailing P/E).
- PepsiCo offers a meaningfully higher dividend yield (4.78% vs 3.30%).
About Mondelez International
MDLZ stock →Mondelez International, Inc., through its subsidiaries, manufactures, markets, and sells snack food and beverage products in Latin America, North America, Asia, the Middle East, Africa, and Europe. The company provides biscuits and baked snacks, including cookies, crackers, salted snacks, snack bars, and cakes and pastries; chocolates; and gums and candies, as well as various cheese, grocery, and powdered beverage products.
Consumer Staples · Packaged Foods · 91,000 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
MDLZ vs PEP FAQ
Which is bigger, Mondelez International or PepsiCo?
PepsiCo (PEP) is larger, with a market capitalization of $175.31B compared with $77.43B for Mondelez International (MDLZ).
Which stock has performed better over the past year, MDLZ or PEP?
MDLZ returned -1.61% 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, MDLZ or PEP?
PEP has the lower trailing P/E at 16.8, versus 22.3 for MDLZ. 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, Mondelez International or PepsiCo?
PepsiCo has the higher yield at 4.78%, compared with 3.30% for Mondelez International.
Are Mondelez International and PepsiCo in the same industry?
Both are in the Consumer Staples sector, but in different industries: Packaged Foods for Mondelez International and Beverages (Production/Distribution) for PepsiCo.