PepsiCo (PEP) vs Constellation Brands (STZ)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
PepsiCo (PEP) has outperformed Constellation Brands (STZ) over the past year, losing 7.6% versus a loss of 15.5%. Over five years, PEP leads with a -19.2% price change compared with -45.9% for STZ. PepsiCo is the larger company by market cap ($175.31 billion vs $21.11 billion), about 8.3 times the size.
On valuation, Constellation Brands trades at a lower forward P/E (10.1x vs 14.5x for PepsiCo). Constellation Brands pays a dividend yielding 3.32%, while PepsiCo does not currently pay one. Constellation Brands converts more of its revenue into profit, with a net margin of 18.5% 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 | PEP | STZ |
|---|---|---|
| Share price | $128.34 | $123.63 |
| Market cap | $175.31B | $21.11B |
| 1-day change | +3.73% | +4.43% |
| YTD return | -10.58% | -14.19% |
| 1-year return | -7.56% | -15.52% |
| 5-year return | -19.19% | -45.93% |
| P/E ratio (TTM) | 16.82 | 11.07 |
| Forward P/E | 14.49 | 10.08 |
| EPS (TTM) | $7.63 | $11.17 |
| Dividend yield | 4.78% | 3.32% |
| Annual dividend | $0.00 | $4.10 |
| Revenue (latest FY) | $93.92B | $9.14B |
| Revenue growth (YoY) | +2.25% | -10.48% |
| Net income (latest FY) | $8.24B | $1.69B |
| Gross margin | 54.15% | 51.55% |
| Operating margin | 12.24% | 29.78% |
| Net margin | 8.77% | 18.46% |
| 52-week high | $171.48 | $168.60 |
| 52-week low | $123.47 | $110.60 |
| Distance from 52-week high | -25.16% | -26.67% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +15.82% | +30.19% |
| Average volume | 8.23M | 2.14M |
| Shares outstanding | 1.37B | 170.75M |
| Employees | 306,000 | 9,400 |
| 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 8.3 times larger than Constellation Brands by market value ($175.31B vs $21.11B).
- PepsiCo trades at a higher earnings multiple (16.8x vs 11.1x trailing P/E).
- PepsiCo offers a meaningfully higher dividend yield (4.78% vs 3.32%).
- Constellation Brands is more profitable, keeping 18.5 cents of every revenue dollar as net income versus 8.8 cents for PepsiCo.
- PepsiCo grew revenue faster in its latest fiscal year (+2.25% vs -10.48%).
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
About Constellation Brands
STZ stock →Constellation Brands, Inc., together with its subsidiaries, produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. It offers beer under the Corona Extra, Corona Familiar, Corona Sunbrew, Corona Light, Corona Non-Alcoholic, Corona Premier, Modelo Especial, Modelo Chelada, Modelo Negra, Modelo Spiked Aguas Frescas, Modelo Oro, Modelo Noche Especial, Victoria, Vicky Chamoy, and Pacifico brand names.
Consumer Staples · Beverages (Production/Distribution) · 9,400 employees
PEP vs STZ FAQ
Which is bigger, PepsiCo or Constellation Brands?
PepsiCo (PEP) is larger, with a market capitalization of $175.31B compared with $21.11B for Constellation Brands (STZ).
Which stock has performed better over the past year, PEP or STZ?
PEP returned -7.56% over the past 12 months, compared with -15.52% for STZ (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, PEP or STZ?
STZ has the lower trailing P/E at 11.1, versus 16.8 for PEP. 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, PepsiCo or Constellation Brands?
PepsiCo has the higher yield at 4.78%, compared with 3.32% for Constellation Brands.
Are PepsiCo and Constellation Brands in the same industry?
Yes. Both are classified in the Beverages (Production/Distribution) industry within the Consumer Staples sector.