Coca Cola VS Pepsi, Comparison of Stock Growth Rates, 1972 to 2024

Stock growth rate refers to the percentage change between the initial stock price and the current stock price. It is a key indicator used to assess investment returns.

Coca-Cola (The Coca-Cola Company) and Pepsi (PepsiCo, Inc.) are two major companies that have maintained a long-standing competitive relationship in the global beverage market. Both companies hold significant market shares worldwide and have a diverse range of products loved by consumers. This analysis provides important insights into the stock growth rates of these two companies for investors.

Coca-Cola (The Coca-Cola Company)

Coca-Cola has experienced continuous growth from 1972 to 2024, although it showed a somewhat sluggish performance in the early years. As of February 1977, its stock had declined by -34.59% compared to May 1972, but it gradually recovered afterward.

In July 1986, Coca-Cola achieved 2.17 times growth, showing significant progress. By January 1996, it had recorded a growth rate of 28.91 times, marking remarkable success. By April 2024, Coca-Cola had achieved 200.79 times growth, indicating substantial growth compared to 1972.

Pepsi (PepsiCo, Inc.)

Pepsi showed consistently better performance than Coca-Cola from the beginning. As of February 1977, its stock had declined by a relatively small -5.82% compared to May 1972, and it continued to grow steadily. In November 1981, Pepsi recorded a growth rate of 64.70% and continued its steady growth.

By July 1986, Pepsi had achieved 4.21 times growth, and by January 1996, it had reached a growth rate of 32.04 times. By April 2024, Pepsi had recorded an impressive growth rate of 437.84 times, demonstrating very high performance over the long term.

Comparing the stock growth rates of the two companies, Pepsi has generally recorded higher growth than Coca-Cola. Especially after the 2000s, Pepsi's growth has significantly outpaced Coca-Cola's. This can be attributed to Pepsi's strategy of expanding its market through a more diverse product range and steadily increasing its market share globally.

In conclusion, Coca-Cola has shown consistent growth, albeit with some sluggish performance in the early years. In contrast, Pepsi has maintained steady growth, achieving significant success, particularly after the 2000s. Investors should consider these long-term growth trends when making investment decisions.