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KHC vs. PEP: Kraft Heinz vs. PepsiCo Stock Comparison

How do Kraft Heinz (KHC) and PepsiCo (PEP) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Kraft Heinz (KHC) and PepsiCo (PEP) both fall under the Food, Beverage & Tobacco industry group, but KHC is classified in Food Products while PEP is classified in Beverages.

Company profile comparison for Kraft Heinz (KHC) and PepsiCo (PEP)
Profile ItemKHCPEP
NameThe Kraft Heinz CompanyPepsiCo, Inc.
Country/RegionUnited StatesUnited States
GICS SectorConsumer StaplesConsumer Staples
GICS Industry GroupFood, Beverage & TobaccoFood, Beverage & Tobacco
GICS IndustryFood ProductsBeverages
GICS Sub-IndustryPackaged Foods & MeatsSoft Drinks & Non-alcoholic Beverages
Market Capitalization29.13 billion USD192.61 billion USD
CurrencyUSDUSD
ExchangeNasdaqNasdaq
Listing DateJuly 6, 2015June 1, 1972
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

KHC
PEP
GSPC
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Kraft Heinz (KHC) vs. PepsiCo (PEP), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Kraft Heinz (KHC) and PepsiCo (PEP). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Kraft Heinz (KHC) and PepsiCo (PEP). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Kraft Heinz (KHC) and PepsiCo (PEP)
MetricKHCPEP
Total Return (1Y)7.82%4.03%
Total Return (3Y, Annualized)-4.22%-1.40%
Total Return (5Y, Annualized)-3.33%0.55%

Risk Profile

Drawdown History

KHC
PEP
GSPC
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Kraft Heinz (KHC) vs. PepsiCo (PEP), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Kraft Heinz (KHC) and PepsiCo (PEP). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Kraft Heinz (KHC) and PepsiCo (PEP)
MetricKHCPEP
Volatility (1Y, Annualized)28.10%21.68%
Beta (5Y)0.110.30
Max Drawdown (5Y)-41.69%-30.32%
Avg. Volume (3M)16.72M8.86M

Risk-Adjusted Performance

Risk-Return Positioning

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KHC and PEP are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Kraft Heinz (KHC) and PepsiCo (PEP)
MetricKHCPEP
Sharpe Ratio (1Y)0.13-0.01
Sortino Ratio (1Y)0.18-0.02

Profitability

ROE (TTM)

Kraft Heinz (KHC) reports a negative ROE of -8.95%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile PepsiCo (PEP) reports 52.19%, ranking against industry peers normally.

KHC

Food, Beverage & Tobacco industry group

-8.95%

Max
32.02%
Q3
16.61%
Median
10.05%
Q1
4.10%
KHC
-8.95%
Min
-10.50%

PEP

Food, Beverage & Tobacco industry group

52.19%

PEP
52.19%
Max
32.02%
Q3
16.61%
Median
10.05%
Q1
4.10%
Min
-10.50%
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Kraft Heinz (KHC) vs. PepsiCo (PEP): A comparison of their ROE against the Food, Beverage & Tobacco industry group benchmark.

Net Margin (TTM)

Kraft Heinz (KHC) reports a negative net margin of -13.99%, usually indicating a net loss over the period. Meanwhile PepsiCo (PEP) reports 11.09%, ranking against industry peers normally.

KHC

Food, Beverage & Tobacco industry group

-13.99%

Max
24.83%
Q3
11.22%
Median
5.94%
Q1
2.05%
Min
-11.49%
KHC
-13.99%

PEP

Food, Beverage & Tobacco industry group

11.09%

Max
24.83%
Q3
11.22%
PEP
11.09%
Median
5.94%
Q1
2.05%
Min
-11.49%
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Kraft Heinz (KHC) vs. PepsiCo (PEP): A comparison of their net margin against the Food, Beverage & Tobacco industry group benchmark.

Operating Margin (TTM)

Both Kraft Heinz (KHC) at 16.47% and PepsiCo (PEP) at 16.88% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

KHC

Food, Beverage & Tobacco industry group

16.47%

Max
34.91%
Q3
17.57%
KHC
16.47%
Median
11.06%
Q1
4.15%
Min
-15.06%

PEP

Food, Beverage & Tobacco industry group

16.88%

Max
34.91%
Q3
17.57%
PEP
16.88%
Median
11.06%
Q1
4.15%
Min
-15.06%
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Kraft Heinz (KHC) vs. PepsiCo (PEP): A comparison of their operating margin against the Food, Beverage & Tobacco industry group benchmark.

Profitability Metrics

Profitability metrics for Kraft Heinz (KHC) and PepsiCo (PEP)
MetricKHCPEP
ROE (TTM)-8.95%52.19%
ROA (TTM)3.56%9.02%
Net Margin (TTM)-13.99%11.09%
Operating Margin (TTM)16.47%16.88%
Gross Margin (TTM)33.65%54.33%

Growth

Revenue Growth

PepsiCo (PEP) at 2.25% is around its peer norm for revenue growth, while Kraft Heinz (KHC) at -3.50% drops into the bottom quartile, signaling weaker demand or pricing momentum.

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Kraft Heinz (KHC) vs. PepsiCo (PEP): A comparison of their Revenue Growth across different time periods.

EPS Growth

PepsiCo (PEP) at -13.67% is around its peer norm for EPS growth, while Kraft Heinz (KHC) at -318.14% falls below its industry range, a notably weak earnings reading.

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Kraft Heinz (KHC) vs. PepsiCo (PEP): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Kraft Heinz (KHC) and PepsiCo (PEP)
MetricKHCPEP
Revenue Growth (YoY)-3.50%2.25%
Revenue Growth (3Y CAGR)-1.98%2.83%
EPS Growth (YoY)-318.14%-13.67%
EPS Growth (3Y CAGR)---2.23%

Financial Strength

Current Ratio (MRQ)

Both Kraft Heinz (KHC) at 1.02 and PepsiCo (PEP) at 0.94 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

KHC

Food, Beverage & Tobacco industry group

1.02

Max
4.01
Q3
2.35
Median
1.53
Q1
1.02
KHC
1.02
Min
0.33

PEP

Food, Beverage & Tobacco industry group

0.94

Max
4.01
Q3
2.35
Median
1.53
Q1
1.02
PEP
0.94
Min
0.33
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Kraft Heinz (KHC) vs. PepsiCo (PEP): A comparison of their current ratio against the Food, Beverage & Tobacco industry group benchmark.

Debt / Equity (MRQ)

Kraft Heinz (KHC) at 0.50 is near its industry mid-range for debt-to-equity ratio, while PepsiCo (PEP) at 2.31 sits above its benchmark range, pointing to a heavier debt load relative to equity.

KHC

Food, Beverage & Tobacco industry group

0.50

Max
2.19
Q3
1.11
Median
0.68
KHC
0.50
Q1
0.33
Min
0.00

PEP

Food, Beverage & Tobacco industry group

2.31

PEP
2.31
Max
2.19
Q3
1.11
Median
0.68
Q1
0.33
Min
0.00
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Kraft Heinz (KHC) vs. PepsiCo (PEP): A comparison of their debt-to-equity ratio against the Food, Beverage & Tobacco industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Kraft Heinz (KHC) and PepsiCo (PEP)
MetricKHCPEP
Current Ratio (MRQ)1.020.94
Debt / Equity (MRQ)0.502.31
Net Debt / EBITDA2.982.12

Dividends

Dividend Yield (TTM)

Both Kraft Heinz (KHC) at 6.32% and PepsiCo (PEP) at 4.07% offer top-quartile dividend income relative to share price within their industries.

KHC

Food, Beverage & Tobacco industry group

6.32%

Max
9.38%
KHC
6.32%
Q3
3.77%
Median
1.76%
Q1
0.00%
Min
0.00%

PEP

Food, Beverage & Tobacco industry group

4.07%

Max
9.38%
PEP
4.07%
Q3
3.77%
Median
1.76%
Q1
0.00%
Min
0.00%
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Kraft Heinz (KHC) vs. PepsiCo (PEP): A comparison of their dividend yield against the Food, Beverage & Tobacco industry group benchmark.

Dividend Payout Ratio (TTM)

Both Kraft Heinz (KHC) at 73.06% and PepsiCo (PEP) at 73.02% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

KHC

Food, Beverage & Tobacco industry group

73.06%

Max
199.19%
Q3
81.03%
KHC
73.06%
Median
41.52%
Q1
0.00%
Min
0.00%

PEP

Food, Beverage & Tobacco industry group

73.02%

Max
199.19%
Q3
81.03%
PEP
73.02%
Median
41.52%
Q1
0.00%
Min
0.00%
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Kraft Heinz (KHC) vs. PepsiCo (PEP): A comparison of their payout ratio against the Food, Beverage & Tobacco industry group benchmark.

Dividend Metrics

Dividend metrics for Kraft Heinz (KHC) and PepsiCo (PEP)
MetricKHCPEP
Dividend Yield (TTM)6.32%4.07%
Dividend Payout Ratio (TTM)73.06%73.02%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: PepsiCo (PEP) trades at 17.78 times trailing earnings, ranked against its peers, while Kraft Heinz (KHC) has no P/E ratio this period.

KHC

Food, Beverage & Tobacco industry group

--

Max
52.52
Q3
30.78
Median
18.76
Q1
12.77
Min
4.72
KHC
--

PEP

Food, Beverage & Tobacco industry group

17.78

Max
52.52
Q3
30.78
Median
18.76
PEP
17.78
Q1
12.77
Min
4.72
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Kraft Heinz (KHC) vs. PepsiCo (PEP): KHC does not report P/E ratio, so it has no value marker; PEP is benchmarked against the Food, Beverage & Tobacco industry group.

P/S Ratio (TTM)

On P/S ratio, both Kraft Heinz (KHC) at 1.18 and PepsiCo (PEP) at 1.96 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

KHC

Food, Beverage & Tobacco industry group

1.18

Max
4.64
Q3
2.27
KHC
1.18
Median
1.17
Q1
0.52
Min
0.00

PEP

Food, Beverage & Tobacco industry group

1.96

Max
4.64
Q3
2.27
PEP
1.96
Median
1.17
Q1
0.52
Min
0.00
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Kraft Heinz (KHC) vs. PepsiCo (PEP): A comparison of their P/S ratio against the Food, Beverage & Tobacco industry group benchmark.

P/B Ratio (MRQ)

Kraft Heinz (KHC) at 0.81 sits in the lower P/B ratio quartile relative to book while PepsiCo (PEP) at 8.65 prices above its industry range — a wide valuation gap against assets.

KHC

Food, Beverage & Tobacco industry group

0.81

Max
6.35
Q3
3.07
Median
1.58
Q1
0.82
KHC
0.81
Min
0.00

PEP

Food, Beverage & Tobacco industry group

8.65

PEP
8.65
Max
6.35
Q3
3.07
Median
1.58
Q1
0.82
Min
0.00
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Kraft Heinz (KHC) vs. PepsiCo (PEP): A comparison of their P/B ratio against the Food, Beverage & Tobacco industry group benchmark.

Valuation Metrics

Valuation metrics for Kraft Heinz (KHC) and PepsiCo (PEP)
MetricKHCPEP
P/E Ratio (TTM)--17.78
P/S Ratio (TTM)1.181.96
P/B Ratio (MRQ)0.818.65
Free Cash Flow Yield (TTM)10.95%4.70%