KOF vs PEP: Coca-Cola Femsa SAB de CV ADR and PepsiCo compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- PepsiCo is the larger company, worth $173.5B, about 7.5 times Coca-Cola Femsa SAB de CV ADR.
- Coca-Cola Femsa SAB de CV ADR grew revenue faster over the last year (+14.2% vs +2.2%).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | KOF | PEP |
|---|---|---|
| Market cap | $23.0B | $173.5B |
| Share price | $109.86 | $125.97 |
| Revenue (last fiscal year) | $279.8B | $93.9B |
| Free cash flow (last fiscal year) | $16.6B | $7.7B |
| Revenue growth, last year | +14.2% | +2.2% |
| Revenue growth per year, last 5 fiscal years | +11.1% | +4.3% |
| Operating margin | — | 12.2% |
| Net margin | 8.5% | 8.8% |
| Return on equity | 19.3% | 37.0% |
| P/E (trailing) | — | 21.0x |
| Price / free cash flow | 4.02x | 22.6x |
| EV / EBITDA | 10.4x | 14.4x |
| FCF growth the price implies | — | 6.6% |
| Dividend yield | 3.7% | 4.5% |
| Debt / equity | 1.04x | 4.01x |
| Fundamental grade | C | D |
| Superinvestors holding it | 5 | 13 |
| Insider purchases, last 12 months | 0 | 8 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Coca-Cola Femsa SAB de CV ADR
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2020 | $183.6B | $25.2B | — |
| 2021 | $194.8B | $22.7B | — |
| 2022 | $226.7B | $17.8B | — |
| 2023 | $245.1B | $21.7B | — |
| 2024 | $279.8B | $16.6B | — |
PepsiCo
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $79.5B | $7.0B | 14.0% |
| 2022 | $86.4B | $5.6B | 13.3% |
| 2023 | $91.5B | $7.9B | 13.1% |
| 2024 | $91.9B | $7.2B | 14.0% |
| 2025 | $93.9B | $7.7B | 12.2% |
Where the revenue comes from
Coca-Cola Femsa SAB de CV ADR · by products, 2025
Sale of products$291.1B100%
Other operating revenues$519M0%
Services rendered$80M0%
PepsiCo · by segments, 2025
PepsiCo Beverages North America$28.2B30%
PepsiCo Foods North America$27.5B29%
Europe, Middle East & Africa (Segment)$18.0B19%
Latin America Foods (Segment)$10.5B11%
International Beverage Franchise$5.0B5%
Asia Pacific Foods (Segment)$4.6B5%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open KOF in InvestinglyQuestions
Which is bigger, Coca-Cola Femsa SAB de CV ADR or PepsiCo?
PepsiCo (PEP), at $173.5B against $23.0B.
Which grows faster, KOF or PEP?
Coca-Cola Femsa SAB de CV ADR: revenue grew +14.2% over the last year, against +2.2%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.