| Metric | KO | PEP |
|---|---|---|
| Fiscal year (latest 10-K) | FY2025 | FY2025 |
| Revenue | $47.9B | $93.9B |
| Net income | $13.1B | $8.2B |
| Gross margin | 61.6% | 54.1% |
| Operating margin | 28.7% | 12.2% |
| Net margin | 27.3% | 8.8% |
| Revenue growth (YoY) | +1.9% | +2.3% |
| 3-year revenue CAGR | +3.7% | +2.8% |
| Diluted EPS growth | +23.6% | -13.7% |
| Return on equity | 41% | 40% |
| Return on assets | 12.5% | 7.7% |
| Market cap (delayed) | $367.9B | $171.2B |
| P/E ratio | 28.1 | 20.8 |
| Price / sales | 7.7 | 1.8 |
| Dividend yield | 2.39% | 4.48% |
| Cash | $11.0B | $9.2B |
| Long-term debt | $42.1B | $42.3B |
| Debt to equity | 1.31 | 2.07 |
| Current ratio | 1.46 | 0.85 |
| Investor Score | 57/100 | 42/100 |
Stock compare · SEC 10-K data · delayed price October 2, 2026
KO vs PEP: is Coca-Cola or PepsiCo the better stock?
KO scores higher on fundamentals: Coca-Cola (KO) earns 57/100 on WealthyBud’s Investor Score versus 42/100 for PepsiCo (PEP). Coca-Cola reported $47.9B revenue at a 27.3% net margin (FY2025), growing +1.9%; PepsiCo reported $93.9B at 8.8%, growing +2.3% (FY2025). At delayed prices, KO trades at 28.1× earnings and PEP at 20.8×. Research, not investment advice.
How do KO and PEP compare at a glance?
The table puts Coca-Cola and PepsiCo side by side on 20 figures from each company's latest SEC 10-K, plus market cap, P/E, P/S and yield at a delayed share price. The stronger figure in each row is bold; for P/E, P/S and debt, lower counts as stronger.
Coca-Cola's fiscal year ended December 31, 2025 and PepsiCo's 52-week fiscal year ended December 27, 2025, so their FY2025 10-Ks cover nearly the same 12 months. In those 10-Ks, PepsiCo calls itself a beverage and convenient food company and Coca-Cola calls itself a total beverage company, which helps explain PepsiCo's larger revenue and thinner margins.
Which is more profitable, Coca-Cola or PepsiCo?
Coca-Cola keeps more of each revenue dollar, with a 27.3% net margin against 8.8% for PepsiCo in FY2025. Coca-Cola earns the higher return on equity, 40.7% versus 40.4%. Return on assets is 12.50% at Coca-Cola and 7.67% at PepsiCo, on $104.8B and $107.4B of total assets.
Which company is growing faster?
Coca-Cola's revenue grew 1.9% in its latest fiscal year and 3.7% a year over three years. PepsiCo's revenue grew 2.3% and 2.8% a year over the same span. Diluted EPS grew 23.6% at KO and fell 13.7% at PEP.
| Fiscal year (KO / PEP) | KO | PEP |
|---|---|---|
| FY2025 / FY2025 | $47.9B | $93.9B |
| FY2024 / FY2024 | $47.1B | $91.9B |
| FY2023 / FY2023 | $45.8B | $91.5B |
| FY2022 / FY2022 | $43.0B | $86.4B |
| FY2021 / FY2021 | $38.7B | $79.5B |
Is KO or PEP cheaper to buy?
At delayed prices as of October 2, 2026, KO trades at 28.1 times earnings and 7.7 times sales with a $367.9B market cap; PEP trades at 20.8 times earnings and 1.8 times sales at $171.2B. Dividend yields are 2.39% and 4.48%.
Which has the stronger balance sheet?
Coca-Cola ended FY2025 with $11.0B in cash, $42.1B of long-term debt and a 1.31 debt-to-equity ratio. PepsiCo had $9.2B in cash, $42.3B of long-term debt and a 2.07 ratio. Current ratios are 1.46 and 0.85.
How do KO and PEP score on the Investor Score?
KO scores 57/100 (#32 of 103) and PEP scores 42/100 (#72 of 103) on WealthyBud's Investor Score as of October 2, 2026. Subscores for KO: growth 43, profitability 67, returns on capital 77, balance-sheet strength 48, value (valuation) 47. For PEP: growth 26, profitability 31, returns on capital 66, balance-sheet strength 14, value (valuation) 81. Percentile ranks, not advice.
- Coca-Cola ranks #32 of 103 covered companies; see the full KO fundamentals page.
- PepsiCo ranks #72 of 103; see the full PEP fundamentals page.
- Both sit in the Consumer Staples sector; compare the group in our consumer staples stock statistics.
KO vs PEP FAQ
Is KO or PEP the better stock?
On WealthyBud's fundamentals-based Investor Score, KO scores 57/100 and PEP scores 42/100 as of October 2, 2026. KO leads on margins, debt to equity and return on equity in the latest 10-Ks; PEP leads on latest-year revenue growth. The score is research, not a buy or sell call.
Which company makes more revenue, Coca-Cola or PepsiCo?
PepsiCo reported $93.9B in FY2025 revenue and Coca-Cola reported $47.9B in FY2025, per their SEC 10-K filings. Coca-Cola earned more net income: $13.1B versus $8.2B.
Which is cheaper, KO or PEP?
By price to earnings, KO trades at 28.1 and PEP at 20.8 using delayed prices as of October 2, 2026, so PEP is cheaper on earnings. On price to sales, PEP is also cheaper: 1.8 versus 7.7 for KO.
Which pays a higher dividend, KO or PEP?
KO declared $2.04 per share in FY2025, a 2.39% yield at the delayed price; PEP declared $5.62, a 4.48% yield. PEP pays the higher yield of the two at those prices.
Which has more debt, Coca-Cola or PepsiCo?
PepsiCo carries $42.3B of long-term debt against $20.4B of equity (debt to equity 2.07); Coca-Cola carries $42.1B against $32.2B (debt to equity 1.31), per their latest 10-Ks.
Do KO and PEP report on the same fiscal year?
Coca-Cola's fiscal year ended December 31, 2025 and PepsiCo's 52-week fiscal year ended December 27, 2025, so their FY2025 10-Ks cover nearly the same 12 months. In those 10-Ks, PepsiCo calls itself a beverage and convenient food company and Coca-Cola calls itself a total beverage company, which helps explain PepsiCo's larger revenue and thinner margins. Figures on this page use each company's own latest annual report.
Fundamentals from each company's latest Form 10-K (SEC EDGAR). Valuation uses a delayed price. The Investor Score is a data-derived research opinion. Not investment advice.
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Coca-Cola (KO)
Investor Score 57/100
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