PepsiCo vs. Coca-Cola: Which Beverage Giant Wins the Cola War?

Key Takeaways PepsiCo blends beverages and snacks, strengthening retailer leverage and revenue mix.Coca-Cola relies on its asset-light, concentrate model and global brand scale for growth.PEP trades at 19.61X forward P/E compared with KO at 24.74X amid similar 2026 revenue growth.The rivalry between PepsiCo Inc. (PEP) and The Coca-Cola Company (KO) stands among the most enduring, globally influential and strategically complex battles in corporate history. Both companies command immense global reach, powerfu ...