Coca-Cola Co (KO)

The Coca-Cola Company, a beverage company, manufactures and sells various nonalcoholic beverages in the United States and internationally. The company provides Trademark Coca-Cola, sparkling soft drinks and flavors; water, sports, coffee, and tea; juice, value-added dairy, and plant-based beverages; and emerging beverages. It also offers beverage concentrates and syrups, as well as fountain syrups to fountain retailers comprising restaurants and convenience stores. The company sells its products under the Coca-Cola, Diet Coke/Coca-Cola Light, Coca-Cola Zero Sugar, caffeine free Diet Coke, Cherry Coke, Fanta, Sprite, Simply, Fanta Orange, Fanta Zero Orange, Fanta Zero Sugar, Fanta Apple, Sprite Zero Sugar, Simply Orange, Simply Apple, Simply Grapefruit, Fresca, Schweppes, Thums Up, Aquarius, Ayataka, BODYARMOR, Ciel, Costa, Crystal, Dasani, Fuze Tea, Georgia, glacéau smartwater, glacéau vitaminwater, Gold Peak, I LOHAS, Powerade, Topo Chico, Core Power, Del Valle, fairlife, innocent, Maaza, Minute Maid, Minute Maid Pulpy, Santa Clara, and dogadan brands. It operates through a network of independent bottling partners, distributors, wholesalers, and retailers, as well as through bottling and distribution operators. The Coca-Cola Company was founded in 1886 and is headquartered in Atlanta, Georgia.

Symbol
KO
Exchange
NYSE
Sector
Consumer Defensive
Industry
Beverages - Non-Alcoholic
Market cap
$371.69B
52 week range
65.84 - 92.49

Valuation

Share price
$86.10 (close of 2026-10-01)
P/E (TTM)
27.08x
Price to book
10.40x
Price to free cash flow
29.59x
Enterprise value
$404.50B
Book value per share
$8.31

Price performance

PeriodChange
1 day+0.02%
5 days-2.27%
1 month-2.16%
3 months+5.92%
6 months+13.17%
Year to date+23.16%
1 year+28.93%
3 years+53.80%
5 years+62.39%
10 years+103.45%
All time+9911.63%

Members of Congress who disclosed KO trades

Lisa McClain · Lloyd Doggett · Josh Gottheimer · Ritchie Torres · Robert Bresnahan · Val Hoyle · Alan Armstrong · George Whitesides · Jefferson Shreve · Julia Letlow · Kevin Hern · Marco Rubio

And 4 others

Super investors holding KO

Warren Buffett (Berkshire Hathaway) · Yacktman Asset Mgmt (Yacktman Asset Management LP)

Profitability and growth

Return on equity
38.24%
Return on invested capital
16.54%
Return on assets
12.50%
Return on capital employed
16.47%
Gross margin
61.63%
Net margin
27.34%
EBITDA margin
30.90%
Revenue growth
1.87%
Net income growth
23.29%
Free cash flow growth
11.71%

Cash flow and balance sheet

Free cash flow yield (TTM)
3.38%
Current ratio
1.36x
Net debt to EBITDA
1.71x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$47.94B
Cost of revenue
$18.40B
Gross profit
$29.54B
EBITDA
$14.81B
Net income
$13.11B
Earnings per share
$3.05
Interest expense
$1.65B
Shares outstanding
4.30B

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$47.94B$29.54B$13.11B$3.05
2024-12-31$47.06B$28.74B$10.63B$2.47
2023-12-31$45.75B$27.23B$10.71B$2.48
2022-12-31$43.00B$25.00B$9.54B$2.20
2021-12-31$38.66B$23.30B$9.77B$2.26
2020-12-31$33.01B$19.58B$7.75B$1.80
2019-12-31$37.27B$22.65B$8.92B$2.09
2018-12-31$34.30B$21.23B$6.43B$1.51
2017-12-31$36.21B$22.49B$1.25B$0.29
2016-12-31$41.86B$25.40B$6.53B$1.51

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3161.63%27.34%38.24%16.54%
2024-12-3161.06%22.59%40.31%13.02%
2023-12-3159.52%23.42%38.99%15.85%
2022-12-3158.14%22.19%36.95%16.16%
2021-12-3160.27%25.28%39.30%14.01%
2020-12-3159.31%23.47%36.40%12.77%
2019-12-3160.77%23.94%42.28%17.89%
2018-12-3161.90%18.76%33.76%19.31%
2017-12-3162.11%3.45%6.58%10.18%
2016-12-3160.67%15.59%28.11%18.47%

Cash and debt by year

Period endCashDebt
2025-12-31$13.87B-
2024-12-31$12.85B-
2023-12-31$12.36B$35.55B
2022-12-31$10.56B$36.38B
2021-12-31$10.93B$38.12B
2020-12-31$8.57B$40.13B
2019-12-31$7.95B$27.52B
2018-12-31$11.10B$25.38B
2017-12-31$15.36B$31.18B
2016-12-31$18.15B$29.68B

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$5.30B$279.00M
2024-12-31$4.74B$286.00M
2023-12-31$9.75B$254.00M
2022-12-31$9.53B$356.00M
2021-12-31$11.26B$337.00M
2020-12-31$8.67B$126.00M
2019-12-31$8.42B$201.00M
2018-12-31$6.08B$225.00M
2017-12-31$5.29B$219.00M
2016-12-31$6.53B$258.00M

Dividend history

Most recent payment
2026-09-15
Paid in the last twelve months
$2.10
Payment dateDividend per share
2026-09-15$0.53
2026-06-15$0.53
2026-03-13$0.53
2025-12-01$0.51
2025-09-15$0.51
2025-06-13$0.51
2025-03-14$0.51
2024-11-29$0.48

Investor relations

Next earnings report

Next confirmed report
2026-10-27
Consensus EPS estimate
$0.87

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-28Jun/2026$0.92
2026-04-28--
2026-02-10--
2025-10-21--
2025-07-22--
2025-04-29--
2025-02-11--
2024-10-23--

Filings and sources

Company website
coca-colacompany.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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