TPR vs. PEP

Last updated Apr 1, 2026

Compare and contrast key facts about Tapestry, Inc. (TPR) and PepsiCo, Inc. (PEP).

Performance

TPR vs. PEP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tapestry, Inc. (TPR) and PepsiCo, Inc. (PEP). The values are adjusted to include any dividend payments, if applicable.

TPR vs. PEP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TPR Tapestry, Inc.	10.74%	98.73%	82.80%	0.16%	-3.32%	32.29%	16.86%	-15.97%	-22.09%	30.48%
PEP PepsiCo, Inc.	9.17%	-1.85%	-7.60%	-3.29%	6.78%	20.56%	11.67%	27.38%	-4.81%	17.82%

Fundamentals

Market Cap TPR : $29.60B PEP : $212.90B
EPS TPR : $2.47 PEP : $6.00
PE Ratio TPR : 57.01 PEP : 25.86
PS Ratio TPR : 3.96 PEP : 2.27
PB Ratio TPR : 53.71 PEP : 10.43
Total Revenue (TTM) TPR : $7.51B PEP : $93.93B
Gross Profit (TTM) TPR : $5.71B PEP : $50.86B
EBITDA (TTM) TPR : $874.90M PEP : $14.39B

Returns By Period

In the year-to-date period, TPR achieves a 10.74% return, which is significantly higher than PEP's 9.17% return. Over the past 10 years, TPR has outperformed PEP with an annualized return of 16.40%, while PEP has yielded a comparatively lower 7.32% annualized return.

TPR

• 1D: 3.06%
• 1M: -8.99%
• YTD: 10.74%
• 6M: 25.40%
• 1Y: 103.31%
• 3Y*: 52.33%
• 5Y*: 31.31%
• 10Y*: 16.40%

PEP

• 1D: -0.98%
• 1M: -7.70%
• YTD: 9.17%
• 6M: 12.65%
• 1Y: 7.72%
• 3Y*: -1.95%
• 5Y*: 5.12%
• 10Y*: 7.32%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

TPR vs. PEP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TPR

TPR Risk / Return Rank: 93
TPR Sharpe Ratio Rank: 94
TPR Sortino Ratio Rank: 89
TPR Omega Ratio Rank: 92
TPR Calmar Ratio Rank: 95
TPR Martin Ratio Rank: 95

PEP

PEP Risk / Return Rank: 52
PEP Sharpe Ratio Rank: 55
PEP Sortino Ratio Rank: 48
PEP Omega Ratio Rank: 45
PEP Calmar Ratio Rank: 55
PEP Martin Ratio Rank: 55

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TPR vs. PEP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tapestry, Inc. (TPR) and PepsiCo, Inc. (PEP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	TPR	PEP	Difference
Sharpe ratio Return per unit of total volatility	2.46	0.35	+2.12
Sortino ratio Return per unit of downside risk	2.71	0.70	+2.01
Omega ratio Gain probability vs. loss probability	1.43	1.08	+0.35
Calmar ratio Return relative to maximum drawdown	5.49	0.54	+4.94
Martin ratio Return relative to average drawdown	15.46	1.11	+14.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TPR vs. PEP - Sharpe Ratio Comparison

The current TPR Sharpe Ratio is 2.46, which is higher than the PEP Sharpe Ratio of 0.35. The chart below compares the historical Sharpe Ratios of TPR and PEP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TPR	PEP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.46	0.35	+2.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.79	0.28	+0.51
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.37	0.38	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.39	+0.06

Correlation

The correlation between TPR and PEP is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

TPR vs. PEP - Dividend Comparison

TPR's dividend yield for the trailing twelve months is around 1.10%, less than PEP's 3.66% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TPR Tapestry, Inc.	1.10%	1.17%	2.14%	3.53%	2.89%	1.23%	1.09%	5.01%	3.00%	3.06%	3.85%	4.13%
PEP PepsiCo, Inc.	3.66%	3.92%	3.51%	2.91%	2.50%	2.45%	2.71%	2.77%	3.25%	2.64%	2.83%	2.76%

Drawdowns

TPR vs. PEP - Drawdown Comparison

The maximum TPR drawdown since its inception was -82.55%, which is greater than PEP's maximum drawdown of -73.92%. Use the drawdown chart below to compare losses from any high point for TPR and PEP.

Drawdown Indicators

	TPR	PEP	Difference
Max Drawdown Largest peak-to-trough decline	-82.55%	-73.92%	-8.63%
Max Drawdown (1Y) Largest decline over 1 year	-18.92%	-15.14%	-3.78%
Max Drawdown (5Y) Largest decline over 5 years	-44.99%	-30.32%	-14.67%
Max Drawdown (10Y) Largest decline over 10 years	-79.06%	-30.32%	-48.74%
Current Drawdown Current decline from peak	-11.84%	-12.39%	+0.55%
Average Drawdown Average peak-to-trough decline	-27.86%	-13.64%	-14.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.71%	7.37%	-0.66%

Volatility

TPR vs. PEP - Volatility Comparison

Tapestry, Inc. (TPR) has a higher volatility of 9.72% compared to PepsiCo, Inc. (PEP) at 5.35%. This indicates that TPR's price experiences larger fluctuations and is considered to be riskier than PEP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TPR	PEP	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.72%	5.35%	+4.37%
Volatility (6M) Calculated over the trailing 6-month period	26.36%	14.83%	+11.53%
Volatility (1Y) Calculated over the trailing 1-year period	42.23%	22.46%	+19.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.89%	18.11%	+21.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.96%	19.55%	+24.41%

Financials

TPR vs. PEP - Profitability Comparison

The chart below illustrates the profitability comparison between Tapestry, Inc. and PepsiCo, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

TPR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Tapestry, Inc. reported a gross profit of 1.89B and revenue of 2.50B. Therefore, the gross margin over that period was 75.5%.

PEP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, PepsiCo, Inc. reported a gross profit of 15.62B and revenue of 29.34B. Therefore, the gross margin over that period was 53.2%.

TPR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Tapestry, Inc. reported an operating income of 716.40M and revenue of 2.50B, resulting in an operating margin of 28.6%.

PEP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, PepsiCo, Inc. reported an operating income of 3.56B and revenue of 29.34B, resulting in an operating margin of 12.1%.

TPR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Tapestry, Inc. reported a net income of 561.30M and revenue of 2.50B, resulting in a net margin of 22.4%.

PEP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, PepsiCo, Inc. reported a net income of 2.54B and revenue of 29.34B, resulting in a net margin of 8.7%.