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MZTI vs PEP

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The Marzetti Company Common Stock and PepsiCo, Inc.

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Daily close · 2026-10-20

Price return

Both stocks start at 0% on the first shared trading day.

MZTI-40.29%
PEP-7.10%
Price return: MZTI and PEPHistorical recorded observations on the same scale. Missing metrics leave gaps.-51%-27%-4%19%42%202120222023202420252026

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Split-adjusted closing prices. Dividends are excluded.Year ranges begin January 1 of the end year minus the selected years.
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CONTEXT ATTACHEDMZTI + PEPPrices, financials and SEC filing evidence

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Similarity
100.0%
3 shared / 3 total tags

How similar are their businesses?

The score compares business activities in annual filings released in 2025. Core activities receive four times the weight of material activities. Industries that fewer companies share carry more weight.

Consumer GoodsFood And BeverageManufacturing
How we measure overlap ↗
The businesses behind the score

Industry overlap

Filing-derived business activity overlapCounts of retained positive business classifications. Circle sizes do not encode the counts or the weighted similarity score.MZTI only0Shared3PEP only0

MZTI only · 0

No activities in this group.

Shared activities · 3

PEP only · 0

No activities in this group.

Positive activities from the two selected annual filings. Expand each group to view all its activities, or use the complete table below. These are classification sets, not revenue shares. The weighted similarity score also accounts for exposure and how common each activity is.
Show business activity table · 3 rows, 3 columns

Core activities receive full weight; material activities receive one quarter. Select a tag to read the filing evidence.

Business activityMZTIPEP
CoreCore
CoreCore
CoreCore

Consumer Goods

MZTI Core

Annual filing released 2025-08-21 · GPT 6 Luna

As The Marzetti Company, we are positioned for further growth in today’s food industry with an authentic brand name rooted in quality, innovation and collaboration. The Marzetti Company, an Ohio corporation, is a manufacturer and marketer of specialty food products for the retail and foodservice channels.
The financial information relating to our business segments for the three years ended June 30, 2025, 2024 and 2023 is included in Note 9 to the consolidated financial statements, and located in Part II, Item 8 of this Annual Report on Form 10-K. Further description of each business segment within which we operate is provided below. 3 Table of Contents Retail Segment The following table presents the primary Retail products we manufacture and sell under our brand names: Products Brand Names Frozen Breads Frozen garlic breads New York BakeryTM Frozen Parkerhouse style yeast rolls and dinner rolls Sister Schubert’s® Refrigerated Dressings and Dips Salad dressings Marzetti®, Marzetti SimplyTM Vegetable dips and fruit dips Marzetti® Shelf-Stable Dressings and Croutons Salad dressings Marzetti®, Cardini’s®, Girard’s®
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PEP Core

Annual filing released 2025-02-04 · GPT 6 Luna

Item 1. Business. When used in this report, the terms “we,” “us,” “our,” “PepsiCo” and the “Company” mean PepsiCo, Inc. and its consolidated subsidiaries, collectively. Certain terms used in this Annual Report on Form 10-K are defined in the Glossary included in Item 7. of this report. Company Overview We were incorporated in Delaware in 1919 and reincorporated in North Carolina in 1986. We are a leading global beverage and convenient food company with a complementary portfolio of brands, including Lay’s, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker and SodaStream. Through our operations, authorized bottlers, contract manufacturers and other third parties, we make, market, distribute and sell a wide variety of beverages and convenient foods, serving customers and consumers in more than 200 countries and territories.
6)Africa, Middle East and South Asia (AMESA), which includes all of our beverage and convenient food businesses in Africa, the Middle East and South Asia; and 7)Asia Pacific, Australia and New Zealand and China Region (APAC), which includes all of our beverage and convenient food businesses in Asia Pacific, Australia and New Zealand, and China region. Frito-Lay North America Either independently or in conjunction with third parties, FLNA makes, markets, distributes and sells branded convenient foods. These foods include branded dips, Cheetos cheese-flavored snacks, Doritos tortilla chips, Fritos corn chips, Lay’s potato chips, Ruffles potato chips and Tostitos tortilla chips. FLNA’s branded products are sold to independent distributors and retailers.
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Food And Beverage

MZTI Core

Annual filing released 2025-08-21 · GPT 6 Luna

As The Marzetti Company, we are positioned for further growth in today’s food industry with an authentic brand name rooted in quality, innovation and collaboration. The Marzetti Company, an Ohio corporation, is a manufacturer and marketer of specialty food products for the retail and foodservice channels.
The financial information relating to our business segments for the three years ended June 30, 2025, 2024 and 2023 is included in Note 9 to the consolidated financial statements, and located in Part II, Item 8 of this Annual Report on Form 10-K. Further description of each business segment within which we operate is provided below. 3 Table of Contents Retail Segment The following table presents the primary Retail products we manufacture and sell under our brand names: Products Brand Names Frozen Breads Frozen garlic breads New York BakeryTM Frozen Parkerhouse style yeast rolls and dinner rolls Sister Schubert’s® Refrigerated Dressings and Dips Salad dressings Marzetti®, Marzetti SimplyTM Vegetable dips and fruit dips Marzetti® Shelf-Stable Dressings and Croutons Salad dressings Marzetti®, Cardini’s®, Girard’s®
Read the annual filing ↗

PEP Core

Annual filing released 2025-02-04 · GPT 6 Luna

Item 1. Business. When used in this report, the terms “we,” “us,” “our,” “PepsiCo” and the “Company” mean PepsiCo, Inc. and its consolidated subsidiaries, collectively. Certain terms used in this Annual Report on Form 10-K are defined in the Glossary included in Item 7. of this report. Company Overview We were incorporated in Delaware in 1919 and reincorporated in North Carolina in 1986. We are a leading global beverage and convenient food company with a complementary portfolio of brands, including Lay’s, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker and SodaStream. Through our operations, authorized bottlers, contract manufacturers and other third parties, we make, market, distribute and sell a wide variety of beverages and convenient foods, serving customers and consumers in more than 200 countries and territories.
Our Operations We are organized into seven reportable segments (also referred to as divisions), as follows: 1)Frito-Lay North America (FLNA), which includes our branded convenient food businesses in the United States and Canada; 2)Quaker Foods North America (QFNA), which includes our branded convenient food businesses, such as cereal, rice, pasta and other branded food, in the United States and Canada; 3)PepsiCo Beverages North America (PBNA), which includes our beverage businesses in the United States and Canada; 4)Latin America (LatAm), which includes all of our beverage and convenient food businesses in Latin America; 5)Europe, which includes all of our beverage and convenient food businesses in Europe; 2 Table of Contents
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Manufacturing

MZTI Core

Annual filing released 2025-08-21 · GPT 6 Luna

As The Marzetti Company, we are positioned for further growth in today’s food industry with an authentic brand name rooted in quality, innovation and collaboration. The Marzetti Company, an Ohio corporation, is a manufacturer and marketer of specialty food products for the retail and foodservice channels.
MANUFACTURING As of June 30, 2025, the majority of our products were manufactured and packaged at our 14 food plants located throughout the United States. Most of these plants produce products for both the Retail and Foodservice segments. Efficient and cost-effective production remains a key focus as evidenced by our cost savings initiatives. Certain items are also manufactured and packaged by third parties located in the United States, Canada and Europe. COMPETITION All of the markets in which we sell food products are highly competitive in the areas of price, quality and customer service. We face competition from a number of manufacturers of various sizes and capabilities.
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PEP Core

Annual filing released 2025-02-04 · GPT 6 Luna

QFNA’s branded products are sold to independent distributors and retailers. PepsiCo Beverages North America Either independently or in conjunction with third parties, PBNA makes, markets and sells beverage concentrates, fountain syrups and finished goods under various beverage brands including Aquafina, Bubly, Diet Mountain Dew, Diet Pepsi, Gatorade, Gatorade Zero, Mountain Dew, Pepsi, Pepsi Zero Sugar and Propel. PBNA operates its own bottling plants and distribution facilities and sells branded finished goods directly to independent distributors and retailers. PBNA also sells concentrate and finished goods for our brands to authorized and independent bottlers, who in turn sell our branded finished goods to independent distributors and retailers in certain markets.
Property Type Location Owned/ Leased FLNA Research and development facility Plano, Texas Owned QFNA Convenient food plant Cedar Rapids, Iowa Owned PBNA Research and development facility Valhalla, New York Owned PBNA Concentrate plant Arlington, Texas Owned LatAm Convenient food plant Celaya, Mexico Owned LatAm Two convenient food plants Vallejo, Mexico Owned Europe Convenient food plant Leicester, United Kingdom Owned (a) Europe Convenient food plant Kashira, Russia Owned Europe Manufacturing plant Lehavim, Israel Owned Europe Dairy plant Moscow, Russia Owned AMESA Convenient food plant Riyadh, Saudi Arabia Owned (a) APAC Convenient food plant Shanghai, China Owned (a) FLNA, QFNA, PBNA, LatAm, Corporate Shared service center Mexico City, Mexico Leased PBNA, LatAm Concentrate plant Colonia, Uruguay Owned (a)
Read the annual filing ↗
What each company does

Compare the businesses

The Marzetti Company Common Stock

MZTI · XNAS

The Marzetti Company engages in manufacturing and marketing of specialty food products for the retail and foodservice channels in the United States. It operates in two segments, Retail and Foodservice. The company offers frozen garlic breads under the New York Bakery brand; frozen Parkerhouse style yeast and dinner rolls under the Sister Schubert's brand; salad dressings under the Marzetti, Cardini's, Marzetti Simply, and Girard's brands; vegetable and fruit dips under the Marzetti brand; croutons and salad toppings under the New York Bakery, Chatham Village, and Marzetti brands; and frozen pasta under the Marzetti Frozen Pasta brand. It also manufactures and sells various products to brand license agreements, including Olive Garden dressings, Buffalo Wild Wings sauces, Chick-fil-A sauces and dressing, Texas Roadhouse steak sauces and frozen rolls, and Subway sauces. The company sells its products through sales personnel, food brokers, and distributors to retailers and restaurants. The Marzetti Company was formerly known as Lancaster Colony Corporation and changed its name to The Marzetti Company in June 2025. The company was founded in 1896 and is based in Westerville, Ohio.

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PepsiCo, Inc.

PEP · XNAS

PepsiCo, Inc. engages in the manufacture, marketing, distribution, and sale of various beverages and convenient foods worldwide. The company operates through seven segments: Frito-Lay North America; Quaker Foods North America; PepsiCo Beverages North America; Latin America; Europe; Africa, Middle East and South Asia; and Asia Pacific, Australia and New Zealand and China Region. It provides dips, cheese-flavored snacks, and spreads, as well as corn, potato, and tortilla chips; cereals, rice, pasta, mixes and syrups, granola bars, grits, oatmeal, rice cakes, and side dishes; beverage concentrates, fountain syrups, and finished goods; ready-to-drink tea, coffee, and juices; dairy products; and sparkling water makers and related products, as well as distributes alcoholic beverages under Hard MTN Dew brand. The company offers its products primarily under the Lay's, Doritos, Fritos, Tostitos, BaiCaoWei, Cheetos, Cap'n Crunch, Life, Pearl Milling Company, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, Rice-A-Roni, Aquafina, Bubly, Emperador, Diet Mountain Dew, Diet Pepsi, Gatorade Zero, Crush, Propel, Dr Pepper, Schweppes, Marias Gamesa, Ruffles, Sabritas, Saladitas, Tostitos, 7UP, Diet 7UP, H2oh!, Manzanita Sol, Mirinda, Pepsi Black, Pepsi Max, San Carlos, Toddy, Walkers, Chipsy, Kurkure, Sasko, Spekko, White Star, Smith's, Sting, SodaStream, Lubimyj Sad, Agusha, Chudo, Domik v Derevne, Lipton, and other brands. It serves wholesale and other distributors, foodservice customers, grocery stores, drug stores, convenience stores, discount/dollar stores, mass merchandisers, membership stores, hard discounters, e-commerce retailers and authorized independent bottlers, and others through a network of direct-store-delivery, customer warehouse, and distributor networks, as well as directly to consumers through e-commerce platforms and retailers. The company was founded in 1898 and is based in Purchase, New York.

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Financial data

Fundamentals side by side

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Show fundamentals table · 11 rows, 3 columns
MetricMZTIPEP
ExchangeXNASXNAS
SectorConsumer DefensiveConsumer Defensive
IndustryPackaged FoodsBeverages - Non-Alcoholic
Market observation2026-10-202026-10-20
Closing price (USD)$106.01$134.02
Market cap (USD)$2.89B$182.63B
P/E (TTM)15.10×16.76×
Latest annual period2026-06-302025-12-27
Revenue (annual, USD)$1.93B$93.92B
Net income (annual, USD)$191.61M$8.24B
Gross margin (annual)24.73%54.15%

USD values from stored observations. Fiscal period endings and availability dates may differ.

MZTI period ended 2026-06-30 · available 2026-08-25 · SEC filing ↗PEP period ended 2025-12-27 · available 2026-02-02 · SEC filing ↗

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Behind the comparison

Sources and methodology

Price return uses split-adjusted daily closes and excludes dividends. Both stocks start on the first shared trading day within the selected window. Unavailable metrics leave gaps.

Financials use SEC canonical statements available by the displayed cutoff, retaining each company's fiscal period end. Annual and quarterly amounts are shown separately. P/E is unavailable when earnings do not support a positive ratio.

Business overlap uses industry tags from annual filings released in 2025. Each core activity receives full weight; each material activity receives one quarter of that weight. Rarer industries carry more weight. We sum the smaller exposure for each shared activity and divide it by the sum of the larger exposure for every activity in either company. This measures business overlap, rather than price correlation or expected returns.

Search eligibility requires distinct issuers, a shared core category and at least 20% weighted overlap, supported by industry or sector evidence and specific business activities. Broad classifications require stronger overlap within the same sector. Comparisons also need at least 252 shared price observations within two years, recent trading and a common sourced revenue or net-income trend. Missing P/E or gross margin alone does not exclude a comparison. The eligibility snapshot refreshes daily. Related comparisons use a separate, stricter peer rule; their ten-peer discovery limit does not limit search eligibility. Other stock pairs remain available in the comparison tool.

Statements available through 2026-10-22. Industry snapshot: 2025-12-31 · 5,721 classified issuers.

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