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MARKETS / COMPARE / BG VS PEP

BG vs PEP

Bunge Global SA and PepsiCo Inc., side by side — 5 fiscal years reported in USD, drawn from SEC filings.

At a glance

Most recent reported year

BG vs PEP, at a glance
Metric BG PEP
Revenue$70.3B$93.9B
Net income$816.0M$8.2B
Gross margin4.8%54.1%
Net margin1.2%8.8%
Return on equity6.3%42.9%
Diluted EPS$4.91$6.00
Dividend / share$2.80$5.62
Payout ratio56.2%92.7%
Free cash flow$-879.0M$7.7B
Equity$15.9B$20.4B
Net debt / equity0.57×1.96×
Current ratio1.61×0.85×
Revenue CAGR 5y·5.9%
Profit CAGR 5y·3.0%

PEP bills 1.3× the revenue of BG, and keeps more of each dollar of revenue as profit (8.8% against 1.2%).

The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.

Revenue by year

5 years side by side

BG vs PEP, revenue by year
Fiscal year BG PEP
FY2025$70.3B$93.9B
FY2024$53.1B$91.9B
FY2023$59.5B$91.5B
FY2022$67.2B$86.4B
FY2021$59.2B$79.5B
Net income by year

Bottom line

BG vs PEP, net income by year
Fiscal year BG PEP
FY2025$816.0M$8.2B
FY2024$1.1B$9.6B
FY2023$2.2B$9.1B
FY2022$1.6B$8.9B
FY2021$2.1B$7.6B
Revenue gap over time

5 fiscal years

Revenue gap over time
Fiscal year Difference Ahead
FY2025−$23,596,000,000PEP
FY2024−$38,746,000,000PEP
FY2023−$31,931,000,000PEP
FY2022−$19,160,000,000PEP
FY2021−$20,322,000,000PEP

PEP has reported the higher revenue in every one of these 5 fiscal years. The gap has widened since the earliest year compared.

5 of 19 comparable fiscal years — a year missing data on either side is not counted.

Net margin gap over time

5 fiscal years

Net margin gap over time
Fiscal year Difference Ahead
FY2025−7.6 ppPEP
FY2024−8.2 ppPEP
FY2023−6.1 ppPEP
FY2022−7.9 ppPEP
FY2021−6.0 ppPEP

PEP has kept the higher net margin in every one of these 5 fiscal years.

5 of 19 comparable fiscal years — a year missing data on either side is not counted.

Net margin volatility

Standard deviation, each side

BG's net margin has been more volatile than PEP's over the 5 comparable fiscal years — 1.0 percentage points of standard deviation against 0.6.

5 of 19 comparable fiscal years — a year missing data on either side is not counted.

Who led in net margin

Year by year

PEP led in net margin in every one of the 5 comparable fiscal years — a structural lead, not a recent swing.

5 of 19 comparable fiscal years — a year missing data on either side is not counted.

Return on equity volatility

Standard deviation, each side

BG's return on equity has been more volatile than PEP's over the 5 comparable fiscal years — 7.4 percentage points of standard deviation against 3.8.

5 of 19 comparable fiscal years — a year missing data on either side is not counted.

Who led in return on equity

Year by year

PEP led in return on equity in every one of the 5 comparable fiscal years — a structural lead, not a recent swing.

5 of 19 comparable fiscal years — a year missing data on either side is not counted.

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