MO vs. PEP: Altria vs. PepsiCo Stock Comparison
How do Altria (MO) 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
Altria (MO) and PepsiCo (PEP) both fall under the Food, Beverage & Tobacco industry group, but MO is classified in Tobacco while PEP is classified in Beverages.
| Profile Item | MO | PEP |
|---|---|---|
| Name | Altria Group, Inc. | PepsiCo, Inc. |
| Country/Region | United States | United States |
| GICS Sector | Consumer Staples | Consumer Staples |
| GICS Industry Group | Food, Beverage & Tobacco | Food, Beverage & Tobacco |
| GICS Industry | Tobacco | Beverages |
| GICS Sub-Industry | Tobacco | Soft Drinks & Non-alcoholic Beverages |
| Market Capitalization | 109.70 billion USD | 192.32 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | January 2, 1962 | June 1, 1972 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | MO | PEP |
|---|---|---|
| Total Return (1Y) | 7.03% | -1.52% |
| Total Return (3Y, Annualized) | 23.79% | -5.22% |
| Total Return (5Y, Annualized) | 14.75% | 1.05% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | MO | PEP |
|---|---|---|
| Volatility (1Y, Annualized) | 25.30% | 21.16% |
| Beta (5Y) | 0.44 | 0.35 |
| Max Drawdown (5Y) | -25.83% | -30.32% |
| Avg. Volume (3M) | 8.39M | 8.67M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | MO | PEP |
|---|---|---|
| Sharpe Ratio (1Y) | 0.12 | -0.26 |
| Sortino Ratio (1Y) | 0.16 | -0.39 |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: PepsiCo (PEP) earns 51.51% on shareholders’ equity, ranked against its industry; Altria (MO) has no ROE this period.
MO
Food, Beverage & Tobacco industry group
--
- Max
- 34.02%
- Q3
- 17.32%
- Median
- 12.17%
- Q1
- 3.66%
- Min
- -16.01%
- MO
- --
PEP
Food, Beverage & Tobacco industry group
51.51%
- PEP
- 51.51%
- Max
- 34.02%
- Q3
- 17.32%
- Median
- 12.17%
- Q1
- 3.66%
- Min
- -16.01%
Net Margin (TTM)
Altria (MO) at 39.00% converts revenue to bottom-line profit above its industry’s benchmark range, while PepsiCo (PEP) at 10.79% keeps roughly the typical share for its industry.
MO
Food, Beverage & Tobacco industry group
39.00%
- MO
- 39.00%
- Max
- 25.56%
- Q3
- 11.22%
- Median
- 5.94%
- Q1
- 1.08%
- Min
- -13.81%
PEP
Food, Beverage & Tobacco industry group
10.79%
- Max
- 25.56%
- Q3
- 11.22%
- PEP
- 10.79%
- Median
- 5.94%
- Q1
- 1.08%
- Min
- -13.81%
Operating Margin (TTM)
Altria (MO) at 61.46% turns sales into operating profit above its industry’s benchmark range, while PepsiCo (PEP) at 16.84% operates around its industry’s norm.
MO
Food, Beverage & Tobacco industry group
61.46%
- MO
- 61.46%
- Max
- 35.93%
- Q3
- 17.10%
- Median
- 11.30%
- Q1
- 3.99%
- Min
- -11.04%
PEP
Food, Beverage & Tobacco industry group
16.84%
- Max
- 35.93%
- Q3
- 17.10%
- PEP
- 16.84%
- Median
- 11.30%
- Q1
- 3.99%
- Min
- -11.04%
Profitability Metrics
| Metric | MO | PEP |
|---|---|---|
| ROE (TTM) | -- | 51.51% |
| ROA (TTM) | 29.55% | 8.93% |
| Net Margin (TTM) | 39.00% | 10.79% |
| Operating Margin (TTM) | 61.46% | 16.84% |
| Gross Margin (TTM) | 87.17% | 54.17% |
Growth
Revenue Growth
PepsiCo (PEP) at 2.25% is around its peer norm for revenue growth, while Altria (MO) at -1.49% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Both Altria (MO) at -37.00% and PepsiCo (PEP) at -13.67% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | MO | PEP |
|---|---|---|
| Revenue Growth (YoY) | -1.49% | 2.25% |
| Revenue Growth (3Y CAGR) | -0.89% | 2.83% |
| EPS Growth (YoY) | -37.00% | -13.67% |
| EPS Growth (3Y CAGR) | 8.90% | -2.23% |
Financial Strength
Current Ratio (MRQ)
Both Altria (MO) at 0.52 and PepsiCo (PEP) at 0.93 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
MO
Food, Beverage & Tobacco industry group
0.52
- Max
- 4.39
- Q3
- 2.48
- Median
- 1.47
- Q1
- 1.00
- MO
- 0.52
- Min
- 0.43
PEP
Food, Beverage & Tobacco industry group
0.93
- Max
- 4.39
- Q3
- 2.48
- Median
- 1.47
- Q1
- 1.00
- PEP
- 0.93
- Min
- 0.43
Debt / Equity (MRQ)
Only one side’s leverage can be read here: PepsiCo (PEP) carries debt-to-equity ratio of 2.39 against its industry range, while Altria (MO) reports no figure this period.
MO
Food, Beverage & Tobacco industry group
--
- Max
- 2.21
- Q3
- 1.13
- Median
- 0.71
- Q1
- 0.31
- Min
- 0.00
- MO
- --
PEP
Food, Beverage & Tobacco industry group
2.39
- PEP
- 2.39
- Max
- 2.21
- Q3
- 1.13
- Median
- 0.71
- Q1
- 0.31
- Min
- 0.00
Financial Strength Metrics
| Metric | MO | PEP |
|---|---|---|
| Current Ratio (MRQ) | 0.52 | 0.93 |
| Debt / Equity (MRQ) | -- | 2.39 |
| Net Debt / EBITDA | 1.41 | 2.25 |
Dividends
Dividend Yield (TTM)
Both Altria (MO) at 6.52% and PepsiCo (PEP) at 4.09% offer top-quartile dividend income relative to share price within their industries.
MO
Food, Beverage & Tobacco industry group
6.52%
- Max
- 9.10%
- MO
- 6.52%
- Q3
- 3.96%
- Median
- 2.53%
- Q1
- 0.00%
- Min
- 0.00%
PEP
Food, Beverage & Tobacco industry group
4.09%
- Max
- 9.10%
- PEP
- 4.09%
- Q3
- 3.96%
- Median
- 2.53%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
PepsiCo (PEP) at 75.33% pays out a band-typical share of earnings, while Altria (MO) at 89.26% distributes more than its industry norm — less retained, thinner cover.
MO
Food, Beverage & Tobacco industry group
89.26%
- Max
- 169.01%
- MO
- 89.26%
- Q3
- 81.71%
- Median
- 46.29%
- Q1
- 0.00%
- Min
- 0.00%
PEP
Food, Beverage & Tobacco industry group
75.33%
- Max
- 169.01%
- Q3
- 81.71%
- PEP
- 75.33%
- Median
- 46.29%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | MO | PEP |
|---|---|---|
| Dividend Yield (TTM) | 6.52% | 4.09% |
| Dividend Payout Ratio (TTM) | 89.26% | 75.33% |
Valuation
P/E Ratio (TTM)
Both Altria (MO) at 13.83 and PepsiCo (PEP) at 18.45 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
MO
Food, Beverage & Tobacco industry group
13.83
- Max
- 43.35
- Q3
- 30.96
- Median
- 18.87
- MO
- 13.83
- Q1
- 13.69
- Min
- 5.48
PEP
Food, Beverage & Tobacco industry group
18.45
- Max
- 43.35
- Q3
- 30.96
- Median
- 18.87
- PEP
- 18.45
- Q1
- 13.69
- Min
- 5.48
P/S Ratio (TTM)
PepsiCo (PEP) at 1.98 prices around its industry’s typical P/S ratio, while Altria (MO) at 5.37 clears its benchmark range — MO looks notably rich on sales.
MO
Food, Beverage & Tobacco industry group
5.37
- MO
- 5.37
- Max
- 4.77
- Q3
- 2.32
- Median
- 1.10
- Q1
- 0.56
- Min
- 0.00
PEP
Food, Beverage & Tobacco industry group
1.98
- Max
- 4.77
- Q3
- 2.32
- PEP
- 1.98
- Median
- 1.10
- Q1
- 0.56
- Min
- 0.00
P/B Ratio (MRQ)
Altria (MO) reports a negative P/B ratio of -41.11, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile PepsiCo (PEP) reports 8.70, ranking against industry peers normally.
MO
Food, Beverage & Tobacco industry group
-41.11
- Max
- 6.14
- Q3
- 3.27
- Median
- 1.77
- Q1
- 0.96
- Min
- 0.00
- MO
- -41.11
PEP
Food, Beverage & Tobacco industry group
8.70
- PEP
- 8.70
- Max
- 6.14
- Q3
- 3.27
- Median
- 1.77
- Q1
- 0.96
- Min
- 0.00
Valuation Metrics
| Metric | MO | PEP |
|---|---|---|
| P/E Ratio (TTM) | 13.83 | 18.45 |
| P/S Ratio (TTM) | 5.37 | 1.98 |
| P/B Ratio (MRQ) | -41.11 | 8.70 |
| Free Cash Flow Yield (TTM) | 8.24% | 4.07% |