Coca-Cola vs PepsiCo: Market Cap, Revenue and Profit Compared
The cola wars. Size and profitability side by side, using the exact figures from SEC filings.
Data updated: Nov 6, 2026 · Based on each company's latest annual report, so fiscal year ends may differ.
Quick answers
Which has the larger market cap?
Coca-Cola is worth about $413.0 billion, 2.1 times PepsiCo (about $195.4 billion). Based on the Nov 5, 2026 close.
Which has more revenue?
PepsiCo brought in $93.925B in its latest fiscal year (FY2025), against $47.941B for Coca-Cola (FY2025).
Which is more profitable?
Coca-Cola has the higher net margin at 27.3%, against 8.8% for PepsiCo. Out of every $100 of revenue, Coca-Cola keeps more as net income.
Which is growing faster?
PepsiCo had the faster revenue growth in its latest fiscal year: +2.2%, against +1.9% for Coca-Cola.
Coca-Cola
KO · FY2025 annual report
Revenue $47.941B
Net income $13.107B
- Cost of revenue38.4%
- SG&A and other32.9%
- Taxes, interest & other1.4%
- Net income27.3%
PepsiCo
PEP · FY2025 annual report
Revenue $93.925B
Net income $8.24B
- Cost of revenue45.9%
- R&D0.9%
- SG&A and other41.0%
- Taxes, interest & other3.5%
- Net income8.8%
Size
| Item | Coca-Cola | PepsiCo |
|---|---|---|
| Market cap | $413.0B#21 of 289 | $195.4B#56 of 289 |
| Revenue | $47.941B#79 of 299 | $93.925B#39 of 299 |
| Operating income | $13.762B#24 of 231 | $11.498B#29 of 231 |
| Net income | $13.107B#31 of 298 | $8.24B#50 of 298 |
| Free cash flow | $5.296B#77 of 261 | $7.672B#59 of 261 |
| Total assets | $104.816B#81 of 299 | $107.399B#78 of 299 |
| Dividends paid | $8.779B#13 of 214 | $7.638B#18 of 214 |
| Dividend per share | $2.04#131 of 205 | $5.62#37 of 205 |
| Dividend yield | 2.1%#74 of 203 | 3.9%#18 of 203 |