WIDE MOAT STOCKS COMPARISON

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Stock Comparison

Ambev S.A. vs PepsiCo, Inc.

Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.

Ambev S.A.

ABEV3 · B3 - Brasil Bolsa Balcao

Market cap (USD)$46.7B
Gross margin (TTM)51.9%
Operating margin (TTM)27.2%
Net margin (TTM)18.4%
SectorConsumer
IndustryBeer, wine and spirits
CountryBR
Data as of2026-08-23
87/100
Moat score

Weighted across the company's segments.

Full stock profile

Dive deeper into Ambev S.A.'s moat claims, evidence, and risks.

View ABEV3 analysis

PepsiCo, Inc.

PEP · The Nasdaq Stock Market LLC

Market cap (USD)$174.9B
Gross margin (TTM)54.2%
Operating margin (TTM)15.3%
Net margin (TTM)11.1%
SectorConsumer
IndustrySoft drinks
CountryUS
Data as of2026-08-23
80/100
Moat score

Weighted across the company's segments.

Full stock profile

Dive deeper into PepsiCo, Inc.'s moat claims, evidence, and risks.

View PEP analysis

Comparison highlights

  • Moat score gap: Ambev S.A. leads (87 / 100 vs 80 / 100 for PepsiCo, Inc.).
  • Segment focus: Ambev S.A. has 5 segments (48.7% in Brazil - Beer); PepsiCo, Inc. has 6 segments (30% in PepsiCo Beverages North America (PBNA)).
  • Moat breadth: Ambev S.A. has 3 moat types across 3 domains; PepsiCo, Inc. has 2 across 2.

Primary market context

Ambev S.A.

Brazil - Beer

Market

Beer production and distribution

Geography

Brazil

Customer

On-trade and off-trade retailers; distributors

Role

Producer & distributor

Revenue share

48.7%

PepsiCo, Inc.

PepsiCo Beverages North America (PBNA)

Market

Non-alcoholic ready-to-drink beverages (CSD, sports drinks, water, energy and adjacent)

Geography

United States and Canada

Customer

Retailers, foodservice, convenience, distributors

Role

Brand owner + bottling/manufacturing + distribution

Revenue share

30%

Side-by-side metrics

Ambev S.A.
PepsiCo, Inc.
Ticker / Exchange
ABEV3 - B3 - Brasil Bolsa Balcao
PEP - The Nasdaq Stock Market LLC
Market cap (USD)
$46.7B
$174.9B
Gross margin (TTM)
51.9%
54.2%
Operating margin (TTM)
27.2%
15.3%
Net margin (TTM)
18.4%
11.1%
Sector
Consumer
Consumer
Industry
Beer, wine and spirits
Soft drinks
HQ country
BR
US
Primary segment
Brazil - Beer
PepsiCo Beverages North America (PBNA)
Market structure
Oligopoly
Oligopoly
Market share
n/a
n/a
HHI estimate
n/a
n/a
Pricing power
Moderate
Moderate
Moat score
87 / 100
80 / 100
Moat domains
Demand, Supply, Legal
Supply, Demand
Last update
2026-09-05
2026-09-05

Moat coverage

Shared moat types

Brand TrustDistribution Control

Ambev S.A. strengths

Contractual Exclusivity

PepsiCo, Inc. strengths

No unique moat types yet.

Segment mix

Ambev S.A. segments

Full profile >

Brazil - Beer

Oligopoly

48.7%

Brazil - Non-alcoholic beverages

Oligopoly

10.2%

Central America and the Caribbean

Oligopoly

10.7%

Latin America South

Oligopoly

19.4%

Canada

Oligopoly

11%

PepsiCo, Inc. segments

Full profile >

PepsiCo Foods North America (PFNA)

Oligopoly

29.3%

PepsiCo Beverages North America (PBNA)

Oligopoly

30%

International Beverages Franchise (IB Franchise)

Oligopoly

5.3%

Latin America Foods (LatAm Foods)

Oligopoly

11.2%

Europe, Middle East and Africa (EMEA)

Oligopoly

19.2%

Asia Pacific Foods

Competitive

4.9%

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Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.