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KOThe Coca-Cola Company
$84.05$361.8B
Overview & Verdict
OverviewShould I Buy?
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice HistoryTechnical Analysis
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Income StatementBalance SheetCash FlowRatios & Margins
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KO logoThe Coca-Cola Company(KO)Earnings, Financials & Key Ratios

KO•NYSE
$84.05
27.6× P/E·Price updated Jul 7, 2026
SectorConsumer DefensiveIndustryNon-Alcoholic BeveragesSub-IndustryGlobal Soft Drink Brand Owners
AboutThe Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide. The company provides sparkling soft drinks, sparkling flavors; water, sports, coffee, and tea; juice, value-added dairy, and plant-based beverages; and other beverages. It also offers beverage concentrates and syrups, as well as fountain syrups to fountain retailers, such as 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 Orange, Fanta Zero Orange, Fanta Zero Sugar, Fanta Apple, Sprite, Sprite Zero Sugar, Simply Orange, Simply Apple, Simply Grapefruit, Fresca, Schweppes, Thums Up, Aquarius, Ayataka, BODYARMOR, Ciel, Costa, Dasani, dogadan, FUZE TEA, Georgia, glacéau smartwater, glacéau vitaminwater, Gold Peak, Ice Dew, I LOHAS, Powerade, Topo Chico, AdeS, Del Valle, fairlife, innocent, Minute Maid, and Minute Maid Pulpy brands. It operates through a network of independent bottling partners, distributors, wholesalers, and retailers, as well as through bottling and distribution operators. The company was founded in 1886 and is headquartered in Atlanta, Georgia.Show more
  • Revenue$47.94B+1.9%
  • EBITDA$14.81B+33.8%
  • Net Income$13.11B+23.3%
  • EPS (Diluted)3.04+23.6%
  • Gross Margin61.63%+0.9%
  • EBITDA Margin30.9%+31.4%
  • Operating Margin28.71%+35.2%
  • Net Margin27.34%+21.0%
  • ROE43.22%+9.5%

KO Price & Volume

The Coca-Cola Company (KO) stock price & volume — 10-year historical chart

Loading chart...

Resilient Margins Offset Volatile Cash Flow Dynamics

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Mixed
Profitability:Strong
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Consumer Elasticity and FX

Key Thesis Takeaways

  • The Coca-Cola Company demonstrates significant pricing power, evidenced by a 63.0% gross margin in 2026Q1, which supports its long-term dividend commitment despite inconsistent revenue growth.
  • While the company has successfully reduced its debt-to-equity ratio to 1.23, investors should monitor the erratic nature of free cash flow, which swung from a negative $5.5 billion in 2025Q1 to a positive $4.6 billion in 2025Q3.
  • The firm's ability to maintain a 35.0% operating margin suggests effective cost management, though future performance remains sensitive to global macroeconomic shifts and working capital volatility.

Verdict Logic

while the company maintains a strong 35.0% operating margin, the current P/FCF multiple of 67.15 suggests the stock may be fully valued relative to its volatile cash flow generation.

KO Growth Metrics

The Coca-Cola Company (KO) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years0.79%
5 Years7.75%
3 Years3.69%
TTM5.11%

Profit CAGR

10 Years5.95%
5 Years11.09%
3 Years11.16%
TTM27.05%

EPS CAGR

10 Years6.17%
5 Years11.17%
3 Years11.55%
TTM27.2%

Return on Capital

10 Years14.89%
5 Years14.98%
3 Years15.36%
Last Year17.33%

KO Recent Earnings

The Coca-Cola Company (KO) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 11/12 qtrs (92%)●Beat Revenue 9/12 qtrs (75%)
Q2 2026Latest
Apr 28, 2026
Metric
Actual
Est
EPS
$0.86+5.9%
$0.81
Rev
$12.5B+1.9%
$12.2B
Q1 2026
Feb 10, 2026
Metric
Actual
Est
EPS
$0.58+2.7%
$0.56
Rev
$11.8B-2.1%
$12.0B
Q4 2025
Oct 21, 2025
Metric
Actual
Est
EPS
$0.82+5.3%
$0.78
Rev
$12.5B+0.4%
$12.4B
Q3 2025
Jul 22, 2025
Metric
Actual
Est
EPS
$0.87+4.3%
$0.83
Rev
$12.5B-0.3%
$12.6B
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 28, 2026
$0.86vs $0.81+5.9%
$12.5Bvs $12.2B+1.9%
Q1 2026Feb 10, 2026
$0.58vs $0.56+2.7%
$11.8Bvs $12.0B-2.1%
Q4 2025Oct 21, 2025
$0.82vs $0.78+5.3%
$12.5Bvs $12.4B+0.4%
Q3 2025Jul 22, 2025
$0.87vs $0.83+4.3%
$12.5Bvs $12.6B-0.3%
Based on last 12 quarters of dataView full earnings history →

Latest KO News

Recent stock market news and headlines for The Coca-Cola Company (KO)

Fool - Investing News·15h ago
5 Dividend Kings Long-Term Investors Should Own for the Next 20 Years

Investors can count on these stocks about as much as any to continue their decades-long runs of excellence.

Fool - Investing News·16h ago
My Top Dividend Growth Stock to Buy in July and Hold Forever

The company has a deep commitment to dividends.

24/7 Wall Street·17h ago
Forget Coca-Cola, Choose Duke Energy

Coca-Cola (NYSE:KO | KO Price Prediction) is the defensive name every retirement account seems to want to own right now, rallying 20.26% year to date on consistent earnings beats and a flight to quality inside consumer staples.

Zacks Investment Research·19h ago
Are Consumer Staples Stocks Lagging Coca-Cola (KO) This Year?

Here is how Coca-Cola (KO) and Corteva, Inc. (CTVA) have performed compared to their sector so far this year.

MarketBeat·20h ago
Big Beautiful Boycott: Can It Really Hurt Coca-Cola, Amazon, and Kraft Heinz Stocks?

In today's volatile political climate, a movement called the Big Beautiful Boycott has emerged. The boycott, whose namesake parodies the Trump administration's “One Big Beautiful Bill,” targets companies and brands that organizers say support political actors or organizations that undermine democratic rights and fair representation.

Peers Comparison

Key metrics vs top competitors for The Coca-Cola Company (KO)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
KO logoKOThe Coca-Cola CompanyCurrent
$84.05$361.76B27.651.87%27.34%43.22%2.42%
PEP logoPEPPepsiCo, Inc.
$144.98$198.18B24.162.25%9.16%43.62%—
MNST logoMNSTMonster Beverage Corporation
$96.92$94.79B49.9610.7%23.11%25.46%—
CELH logoCELHCelsius Holdings, Inc.
$31.70$8.1B126.8085.54%5.85%7.51%—
FIZZ logoFIZZNational Beverage Corp.
$32.48$3.04B16.57-1.73%15.56%32.19%—
KDP logoKDPKeurig Dr Pepper Inc.
$31.49$42.78B20.588.16%10.81%6.98%—

Compare KO vs Peers

The Coca-Cola Company (KO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs PEP

Most directly comparable listed peer for KO.

Scale Benchmark

vs MCD

Larger-name benchmark to compare KO against a more recognizable public peer.

Peer Set

Compare Top 5

vs PEP, MNST, CELH, FIZZ

KO SEC Filings & Documents

The Coca-Cola Company (KO) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 28, 2026·SEC

Material company update

Feb 20, 2026·SEC

Material company update

Feb 10, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 20, 2026·SEC

FY 2025

Feb 20, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

Apr 30, 2026·SEC

FY 2025

Oct 23, 2025·SEC

FY 2025

Jul 24, 2025·SEC

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KO Frequently Asked Questions

The Coca-Cola Company (KO) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is The Coca-Cola Company's revenue?

The Coca-Cola Company (KO) reported $49.28B in revenue for fiscal year 2025. This represents a 164% increase from $18.67B in 1996.

How fast is The Coca-Cola Company growing?

The Coca-Cola Company (KO) grew revenue by 1.9% over the past year. Growth has been modest.

Is KO profitable?

Yes, The Coca-Cola Company (KO) is profitable, generating $13.70B in net income for fiscal year 2025 (27.3% net margin).

Dividend & Returns
Does KO pay dividends?

Yes, The Coca-Cola Company (KO) pays a dividend with a yield of 2.42%. This makes it attractive for income-focused investors.

What is KO's return on equity?

The Coca-Cola Company (KO) has a return on equity (ROE) of 43.2%. This is excellent, indicating efficient use of shareholder capital.

What is The Coca-Cola Company's free cash flow?

The Coca-Cola Company (KO) generated $12.56B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in KO back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →