What is Coca-Cola Company's earnings per share (EPS)?

Coca-Cola Company (KO) reported diluted earnings per share of $3.04 for fiscal year 2025. This represents a 23.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Coca-Cola Company (KO) Financials

Trailing 12 months to April 3, 2026

Revenue $49.3B +5.1% YoY

Net Income $13.7B +27.0% YoY

EPS (Diluted) $3.18 +27.2% YoY

Free Cash Flow $12.6B +1453.7% YoY

Market Cap $387.7B as of Oct 13, 2026

Price / Sales 7.9x on $49.3B revenue, trailing 12 months to April 3, 2026

Price / Earnings 28.3x on $13.7B net income, trailing 12 months to April 3, 2026

Price / Book 11.5x on $33.6B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 13, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Apr 3, 2026 Reported Apr 30, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Apr 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the KO SEC filings page.

Coca-Cola Company (KO) reported $49.3B in revenue over the twelve months to Apr 3, 2026, up 5.1% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI KO FY2025 2026-10-03

The business shows slow growth, but FY2025 profit rebounded through operating leverage while cash conversion remained weaker than earlier years.

FY2025 net income reached $13.1B, but operating cash flow was only $7.4B, so reported earnings were not translating into cash at the same pace. Free cash flow margin was 11.0% versus 21.3% in FY2023, indicating weaker conversion was not just a one-year mismatch between profit and cash.

Revenue increased 1.9% from FY2024 to FY2025 while SG&A stayed near $14.5B. Gross margin also reached 61.6%, so the improvement reflects both better gross economics and overhead absorption, not merely top-line expansion.

The balance sheet strengthened alongside earnings: current ratio rose to 1.5x from 1.0x in FY2024. Debt-to-equity fell to 1.3x as equity increased while total liabilities declined, giving the company more short-term flexibility than the prior year.

Financial Health Signals

Financial Health Score 60/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Coca-Cola Company's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Coca-Cola Company has an operating margin of 28.7%, meaning the company retains $29 of operating profit per $100 of revenue. This strong profitability earns a score of 92/100, reflecting efficient cost management and pricing power. This is up from 21.2% the prior year.

Growth

Coca-Cola Company's revenue grew a modest 1.9% year-over-year to $47.9B. This slow but positive growth earns a score of 39/100.

Leverage

Coca-Cola Company has a moderate D/E ratio of 1.31. This balance of debt and equity financing earns a leverage score of 30/100.

Liquidity

Coca-Cola Company's current ratio of 1.46 indicates adequate short-term liquidity, earning a score of 40/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

Coca-Cola Company converts 11.1% of revenue into free cash flow ($5.3B). This strong cash generation earns a score of 73/100.

Returns

Coca-Cola Company earns a strong 40.7% return on equity (ROE), meaning it generates $41 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 86/100. This is down from 42.8% the prior year.

Altman Z-Score Safe

5.28

Coca-Cola Company scores 5.28, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($387.7B) relative to total liabilities ($72.6B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Strong

7/9

Coca-Cola Company passes 7 of 9 financial strength tests. 3 of 4 profitability signals pass, all 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Mixed

0.57x

For every $1 of reported earnings, Coca-Cola Company generates $0.57 in operating cash flow ($7.4B OCF vs $13.1B net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Interest Coverage Safe

8.32x

Coca-Cola Company earns $8.32 in operating income for every $1 of interest expense ($13.8B vs $1.7B). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue

$12.5B

YoY-0.5%

QoQ+5.5%

5Y CAGR+7.6%

10Y CAGR+1.5%

Coca-Cola Company generated $12.5B in revenue in Q2 2026. This represents a decrease of 0.5% from the same quarter a year earlier. Against the prior quarter it is up 5.5%.

EBITDA

$4.6B

YoY+1.4%

QoQ+122.6%

5Y CAGR+11.7%

10Y CAGR+5.3%

Coca-Cola Company's EBITDA was $4.6B in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 1.4% from the same quarter a year earlier. Against the prior quarter it is up 122.6%.

Net Income

$3.9B

YoY+3.0%

QoQ+72.8%

5Y CAGR+17.7%

10Y CAGR+9.7%

Coca-Cola Company reported $3.9B in net income in Q2 2026. This represents an increase of 3.0% from the same quarter a year earlier. Against the prior quarter it is up 72.8%.

EPS (Diluted)

$0.91

YoY+3.4%

QoQ+71.7%

5Y CAGR+17.9%

10Y CAGR+10.0%

Coca-Cola Company earned $0.91 per diluted share (EPS) in Q2 2026. This represents an increase of 3.4% from the same quarter a year earlier. Against the prior quarter it is up 71.7%.

Cash & Balance Sheet

Free Cash Flow

$1.8B

YoY-47.9%

QoQ-38.9%

5Y CAGR-11.4%

10Y CAGR+5.2%

Coca-Cola Company generated $1.8B in free cash flow in Q2 2026, representing cash available after capex. This represents a decrease of 47.9% from the same quarter a year earlier. Against the prior quarter it is down 38.9%.

Cash & Debt

$10.6B

YoY+10.3%

QoQ+3.0%

5Y CAGR-1.5%

10Y CAGR+2.6%

Coca-Cola Company held $10.6B in cash against $39.1B in long-term debt as of Q2 2026.

Dividends Per Share

$0.53

YoY+3.9%

QoQ+3.9%

Coca-Cola Company paid $0.53 per share in dividends in Q2 2026. This represents an increase of 3.9% from the same quarter a year earlier. Against the prior quarter it is up 3.9%.

Shares Outstanding

4.30B

YoY0.0%

QoQ0.0%

5Y CAGR0.0%

10Y CAGR-0.1%

Coca-Cola Company had 4.30B shares outstanding in Q2 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Margins & Returns

Gross Margin

63.0%

YoY+0.6pp

QoQ+2.9pp

5Y change+3.1pp

10Y change+1.3pp

Coca-Cola Company's gross margin was 63.0% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 0.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.9 percentage points.

Operating Margin

34.9%

YoY+0.8pp

QoQ+19.4pp

5Y change+8.4pp

10Y change+13.5pp

Coca-Cola Company's operating margin was 34.9% in Q2 2026, reflecting core business profitability. This is up 0.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 19.4 percentage points.

Net Margin

31.5%

YoY+1.1pp

QoQ+12.3pp

5Y change+11.4pp

10Y change+16.9pp

Coca-Cola Company's net profit margin was 31.5% in Q2 2026, showing the share of revenue converted to profit. This is up 1.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 12.3 percentage points.

Return on Equity

11.7%

YoY-1.7pp

QoQ+4.6pp

5Y change+2.3pp

10Y change+6.3pp

Coca-Cola Company's ROE was 11.7% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 1.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.6 percentage points.

Capital Allocation

Share Buybacks

$477.0M

YoY+367.6%

QoQ+367.6%

10Y CAGR-3.1%

Coca-Cola Company spent $477.0M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 367.6% from the same quarter a year earlier. Against the prior quarter it is up 367.6%.

Capital Expenditures

$266.0M

YoY-39.8%

QoQ-69.8%

5Y CAGR+3.6%

10Y CAGR-6.4%

Coca-Cola Company invested $266.0M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 39.8% from the same quarter a year earlier. Against the prior quarter it is down 69.8%.

R&D Spending

Not reported for Q2 2026.

KO Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

KO quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY228-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$49.3B	$47.9B+1.9%	$47.1B+2.9%	$45.8B+6.4%	$43.0B+11.3%	$38.7B+17.1%	$33.0B-11.4%	$37.3B+8.6%	$34.3B-5.3%	$36.2B-13.5%	$41.9B-5.5%	$44.3B-3.7%	$46.0B-1.8%	$46.9B-2.4%	$48.0B+3.2%	$46.5B
Cost of Revenue	$18.9B	$18.4B+0.4%	$18.3B-1.1%	$18.5B+2.9%	$18.0B+17.2%	$15.4B+14.3%	$13.4B-8.1%	$14.6B+11.9%	$13.1B-4.8%	$13.7B-16.7%	$16.5B-5.8%	$17.5B-2.3%	$17.9B-2.9%	$18.4B-3.3%	$19.1B+4.6%	$18.2B
Gross Profit	$30.4B	$29.5B+2.8%	$28.7B+5.5%	$27.2B+8.9%	$25.0B+7.3%	$23.3B+19.0%	$19.6B-13.5%	$22.6B+6.7%	$21.2B-5.6%	$22.5B-11.4%	$25.4B-5.3%	$26.8B-4.6%	$28.1B-1.1%	$28.4B-1.8%	$29.0B+2.2%	$28.3B
SG&A Expenses	$14.8B	$14.5B-0.4%	$14.6B+4.4%	$14.0B+8.5%	$12.9B+6.1%	$12.1B+24.8%	$9.7B-19.6%	$12.1B+10.0%	$11.0B-14.3%	$12.8B-16.5%	$15.4B-6.4%	$16.4B-4.6%	$17.2B-0.5%	$17.3B-2.4%	$17.7B+1.8%	$17.4B
Operating Income	$14.5B	$13.8B+37.7%	$10.0B-11.7%	$11.3B+3.7%	$10.9B+5.8%	$10.3B+14.6%	$9.0B-10.8%	$10.1B+10.2%	$9.2B+18.0%	$7.8B-10.4%	$8.7B-0.8%	$8.7B-10.1%	$9.7B-5.1%	$10.2B-5.1%	$10.8B+6.0%	$10.2B
EBITDA	N/A	$14.8B+33.8%	$11.1B-11.0%	$12.4B+2.2%	$12.2B+3.5%	$11.8B+11.6%	$10.5B-8.0%	$11.5B+11.8%	$10.2B+13.6%	$9.0B-13.7%	$10.4B-2.4%	$10.7B-8.4%	$11.7B-4.3%	$12.2B-4.4%	$12.8B+5.2%	$12.1B
Interest Expense	$1.6B	$1.7B-0.1%	$1.7B+8.4%	$1.5B+73.1%	$882.0M-44.8%	$1.6B+11.1%	$1.4B+51.9%	$946.0M-0.4%	$950.0M+11.4%	$853.0M+16.4%	$733.0M-14.4%	$856.0M+77.2%	$483.0M+4.3%	$463.0M+16.6%	$397.0M-4.8%	$417.0M
Income Tax	$2.8B	$2.9B+17.4%	$2.4B+8.4%	$2.2B+6.3%	$2.1B-19.3%	$2.6B+32.3%	$2.0B+10.0%	$1.8B+3.0%	$1.7B-68.8%	$5.6B+253.5%	$1.6B-29.2%	$2.2B+1.7%	$2.2B-22.8%	$2.9B+4.7%	$2.7B-3.2%	$2.8B
Net Income	$13.7B	$13.1B+23.3%	$10.6B-0.8%	$10.7B+12.3%	$9.5B-2.3%	$9.8B+26.1%	$7.7B-13.2%	$8.9B+38.6%	$6.4B+415.5%	$1.2B-80.9%	$6.5B-11.2%	$7.4B+3.6%	$7.1B-17.3%	$8.6B-4.8%	$9.0B+5.1%	$8.6B
EPS (Basic)	N/A	$3.05+23.5%	$2.47-0.4%	$2.48+12.7%	$2.20-2.7%	$2.26+25.6%	$1.80-13.9%	$2.09+38.4%	$1.51+420.7%	$0.29-80.8%	$1.51-10.7%	$1.69+4.3%	$1.62-16.5%	$1.94-3.0%	$2.00+6.4%	$1.88
EPS (Diluted)	$3.18	$3.04+23.6%	$2.46-0.4%	$2.47+12.8%	$2.19-2.7%	$2.25+25.7%	$1.79-13.5%	$2.07+38.0%	$1.50+417.2%	$0.29-80.5%	$1.49-10.8%	$1.67+4.4%	$1.60-15.8%	$1.90-3.6%	$1.97	$1.85
Diluted Shares (Avg)	N/A	4.31B-0.2%	4.32B-0.4%	4.34B-0.3%	4.35B+0.2%	4.34B+0.4%	4.32B+0.2%	4.31B+0.3%	4.30B-0.6%	4.32B-1.0%	4.37B-0.9%	4.41B-1.0%	4.45B-1.3%	4.51B-1.6%	4.58B	4.65B

Metric	Q2'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Revenue	$12.5B-0.5%	$11.8B+2.4%	$12.5B+5.1%	$12.5B+1.4%	$11.1B-1.5%	$11.5B+6.4%	$11.9B-0.8%	$12.4B+3.3%
Cost of Revenue	$4.6B-2.0%	$4.7B+2.4%	$4.8B+2.9%	$4.7B-2.0%	$4.2B-1.7%	$4.6B-0.5%	$4.7B+0.2%	$4.8B-2.0%
Gross Profit	$7.9B+0.4%	$7.1B+2.4%	$7.7B+6.5%	$7.8B+3.6%	$7.0B-1.4%	$6.9B+11.5%	$7.2B-1.5%	$7.6B+7.0%
SG&A Expenses	$3.5B+0.1%	$4.2B+3.8%	$3.6B-0.5%	$3.5B-2.2%	$3.2B-3.5%	$4.0B+6.5%	$3.6B-0.8%	$3.5B+6.9%
Operating Income	$4.4B+1.8%	$1.8B-32.0%	$4.0B+58.6%	$4.3B+62.6%	$3.7B+70.9%	$2.7B+19.2%	$2.5B-23.2%	$2.6B+9.6%
EBITDA	$4.6B+1.4%	$2.1B-30.4%	$4.3B+53.0%	$4.6B+57.2%	$3.9B+63.4%	$3.0B+17.3%	$2.8B-22.0%	$2.9B+8.2%
Interest Expense	$375.0M-15.7%	$431.0M0.0%	$391.0M-8.0%	$445.0M+6.5%	$387.0M+1.3%	$431.0M+4.4%	$425.0M+15.5%	$418.0M+11.8%
Income Tax	$645.0M-35.0%	$646.0M+8.9%	$500.0M-5.7%	$993.0M+58.4%	$722.0M+5.1%	$593.0M+19.6%	$530.0M+16.7%	$627.0M+74.7%
Net Income	$3.9B+3.0%	$2.3B+3.5%	$3.7B+29.8%	$3.8B+58.0%	$3.3B+4.8%	$2.2B+11.3%	$2.8B-7.7%	$2.4B-5.3%
EPS (Basic)	$0.91+2.2%	$0.53+3.9%	$0.86+30.3%	$0.89+58.9%	$0.77+4.1%	$0.51+10.9%	$0.66-7.0%	$0.56-5.1%
EPS (Diluted)	$0.91+3.4%	$0.53+3.9%	$0.86+30.3%	$0.88+57.1%	$0.77+4.1%	$0.51+10.9%	$0.66-7.0%	$0.56-5.1%
Diluted Shares (Avg)	4.31B0.0%	N/A	4.31B-0.2%	4.32B-0.1%	4.31B-0.2%	N/A	4.32B-0.4%	4.32B-0.5%

Not reported in any period shown, so not listed: R&D Expenses.

KO Balance Sheet

KO quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY228-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$104.8B+4.2%	$100.5B+2.9%	$97.7B+5.3%	$92.8B-1.7%	$94.4B+8.1%	$87.3B+1.1%	$86.4B+3.8%	$83.2B-5.3%	$87.9B+0.7%	$87.3B-3.0%	$90.0B-2.1%	$92.0B+2.1%	$90.1B+4.5%	$86.2B+7.8%	$80.0B
Current Assets	$31.0B+19.4%	$26.0B-2.7%	$26.7B+18.3%	$22.6B+0.2%	$22.5B+17.2%	$19.2B-5.7%	$20.4B-18.1%	$24.9B-16.8%	$30.0B-11.9%	$34.0B+1.8%	$33.4B+1.2%	$33.0B+5.4%	$31.3B+3.2%	$30.3B+18.9%	$25.5B
Cash & Equivalents	$10.3B-5.2%	$10.8B+15.6%	$9.4B-1.6%	$9.5B-1.7%	$9.7B+42.5%	$6.8B+4.9%	$6.5B-28.6%	$9.1B+48.8%	$6.1B-28.7%	$8.6B+17.0%	$7.3B-18.4%	$9.0B-14.0%	$10.4B+23.4%	$8.4B-34.1%	$12.8B
Short-Term Investments	$3.6B+78.3%	$2.0B-32.6%	$3.0B+187.3%	$1.0B-16.0%	$1.2B-47.1%	$2.3B-27.3%	$3.2B-35.6%	$5.0B-5.7%	$5.3B+31.3%	$4.1B-5.1%	$4.3B+16.5%	$3.7B+16.5%	$3.1B+1.8%	$3.1B+2047.2%	$144.0M
Inventory	$4.4B-6.4%	$4.7B+6.9%	$4.4B+4.5%	$4.2B+24.0%	$3.4B+4.5%	$3.3B-3.3%	$3.4B+10.0%	$3.1B+4.0%	$3.0B+10.4%	$2.7B-7.8%	$2.9B-6.4%	$3.1B-5.4%	$3.3B+0.4%	$3.3B+5.6%	$3.1B
Accounts Receivable	$3.0B-14.9%	$3.6B+4.7%	$3.4B-2.2%	$3.5B-0.7%	$3.5B+11.7%	$3.1B-20.8%	$4.0B+7.8%	$3.7B-7.1%	$4.0B+2.9%	$3.9B-2.2%	$3.9B-11.8%	$4.5B-8.4%	$4.9B+2.4%	$4.8B-3.3%	$4.9B
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$15.5B-14.6%	$18.1B-1.2%	$18.4B-2.3%	$18.8B-3.0%	$19.4B+10.6%	$17.5B+4.4%	$16.8B+18.8%	$14.1B+3.4%	$13.6B+28.4%	$10.6B-5.8%	$11.3B-6.7%	$12.1B-1.7%	$12.3B+0.5%	$12.3B+0.3%	$12.2B
Total Liabilities	$72.6B-4.0%	$75.7B+5.5%	$71.8B+4.5%	$68.7B-3.8%	$71.4B+4.9%	$68.0B+0.9%	$67.4B+1.8%	$66.2B-6.5%	$70.8B+10.3%	$64.2B-0.4%	$64.4B+4.5%	$61.6B+8.4%	$56.9B+6.6%	$53.4B+10.4%	$48.3B
Current Liabilities	$21.3B-15.7%	$25.2B+7.1%	$23.6B+19.5%	$19.7B-1.1%	$19.9B+36.6%	$14.6B-45.9%	$27.0B-6.3%	$28.8B+7.6%	$26.7B+0.8%	$26.5B-1.5%	$26.9B-16.8%	$32.4B+16.4%	$27.8B0.0%	$27.8B+14.6%	$24.3B
Non-Current Liabilities	$51.4B+1.8%	$50.4B+4.7%	$48.2B-1.5%	$48.9B-4.8%	$51.4B-3.7%	$53.4B+32.1%	$40.4B+7.9%	$37.5B-15.0%	$44.1B+17.0%	$37.7B+0.4%	$37.5B+28.1%	$29.3B+0.7%	$29.1B+13.7%	$25.6B+6.3%	$24.1B
Long-Term Debt	$42.1B-0.6%	$42.4B+19.2%	$35.5B-2.3%	$36.4B-4.6%	$38.1B-5.0%	$40.1B+45.8%	$27.5B+8.4%	$25.4B-18.7%	$31.2B+5.1%	$29.7B+4.8%	$28.3B+48.9%	$19.0B-0.8%	$19.2B+30.0%	$14.7B+7.9%	$13.7B
Total Equity	$32.2B+29.4%	$24.9B-4.2%	$25.9B+7.6%	$24.1B+4.8%	$23.0B+19.2%	$19.3B+1.7%	$19.0B+11.8%	$17.0B-0.5%	$17.1B-26.0%	$23.1B-9.8%	$25.6B-15.7%	$30.3B-8.6%	$33.2B+1.2%	$32.8B+3.7%	$31.6B
Retained Earnings	$80.4B+5.7%	$76.1B+3.1%	$73.8B+3.9%	$71.0B+2.8%	$69.1B+3.8%	$66.6B+1.1%	$65.9B+4.1%	$63.2B+4.6%	$60.4B-7.7%	$65.5B+0.7%	$65.0B+2.5%	$63.4B+2.8%	$61.7B+6.2%	$58.0B+8.3%	$53.6B

Metric	Q2'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Total Assets	$104.2B-0.1%	$104.8B+4.2%	$106.0B-0.2%	$104.3B+3.1%	$101.7B+2.3%	$100.5B+2.9%	$106.3B+8.9%	$101.2B+2.8%
Current Assets	$30.4B+14.2%	$31.0B+19.4%	$27.2B-10.0%	$26.6B-15.8%	$26.2B-11.1%	$26.0B-2.7%	$30.3B+8.7%	$31.6B+14.5%
Cash & Equivalents	$10.6B+10.3%	$10.3B-5.2%	$12.7B-8.7%	$9.6B-30.0%	$8.4B-19.4%	$10.8B+15.6%	$13.9B+17.3%	$13.7B+9.1%
Short-Term Investments	$509.0M-80.9%	$3.6B+78.3%	$1.1B-53.2%	$2.7B-28.0%	$3.6B-24.8%	$2.0B-32.6%	$2.4B+4.6%	$3.7B+97.7%
Inventory	$4.7B-6.9%	$4.4B-6.4%	$4.8B+1.9%	$5.1B+6.7%	$5.1B+2.8%	$4.7B+6.9%	$4.7B+10.9%	$4.8B+2.5%
Accounts Receivable	$3.7B-11.8%	$3.0B-14.9%	$3.9B-6.8%	$4.2B-8.3%	$4.1B-3.6%	$3.6B+4.7%	$4.2B+21.1%	$4.5B+14.5%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$15.4B-17.4%	$15.5B-14.6%	$18.7B-0.1%	$18.7B+1.9%	$18.3B+0.7%	$18.1B-1.2%	$18.7B+3.0%	$18.3B-1.2%
Total Liabilities	$70.6B-6.8%	$72.6B-4.0%	$74.8B-6.2%	$75.7B+0.5%	$75.5B+3.5%	$75.7B+5.5%	$79.7B+11.9%	$75.3B+4.0%
Current Liabilities	$22.4B+2.0%	$21.3B-15.7%	$22.5B-21.2%	$21.9B-25.0%	$23.8B-16.0%	$25.2B+7.1%	$28.6B+17.0%	$29.3B+21.3%
Non-Current Liabilities	$48.2B-10.4%	$51.4B+1.8%	$52.3B+2.2%	$53.8B+16.7%	$51.7B+15.9%	$50.4B+4.7%	$51.2B+9.3%	$46.1B-4.6%
Long-Term Debt	$39.1B-13.1%	$42.1B-0.6%	$43.2B+0.4%	$45.0B+18.1%	$43.5B+24.0%	$42.4B+19.2%	$43.0B+25.8%	$38.1B+6.9%
Total Equity	$33.6B+17.7%	$32.2B+29.4%	$31.2B+17.8%	$28.6B+10.6%	$26.2B-0.9%	$24.9B-4.2%	$26.5B+0.7%	$25.9B-0.6%
Retained Earnings	$82.0B+4.1%	$80.4B+5.7%	$80.3B+5.7%	$78.8B+4.8%	$77.2B+3.1%	$76.1B+3.1%	$75.9B+2.9%	$75.2B+3.4%

KO Cash Flow Statement

KO quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY228-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$14.6B	$7.4B+8.9%	$6.8B-41.3%	$11.6B+5.3%	$11.0B-12.7%	$12.6B+28.3%	$9.8B-6.0%	$10.5B+37.3%	$7.6B+8.3%	$7.0B-19.9%	$8.8B-16.5%	$10.5B-0.8%	$10.6B+0.7%	$10.5B-1.0%	$10.6B+12.4%	$9.5B
Depreciation & Amortization	N/A	$1.1B-2.3%	$1.1B-4.7%	$1.1B-10.5%	$1.3B-13.2%	$1.5B-5.5%	$1.5B+12.5%	$1.4B+25.7%	$1.1B-13.8%	$1.3B-29.5%	$1.8B-9.3%	$2.0B-0.3%	$2.0B-0.1%	$2.0B-0.3%	$2.0B+1.4%	$2.0B
Stock-Based Compensation	N/A	$279.0M-2.4%	$286.0M+12.6%	$254.0M-28.7%	$356.0M+5.6%	$337.0M+167.5%	$126.0M-37.3%	$201.0M-10.7%	$225.0M+2.7%	$219.0M-15.1%	$258.0M+9.3%	$236.0M+12.9%	$209.0M-7.9%	$227.0M-12.4%	$259.0M-26.8%	$354.0M
Capital Expenditures	$2.1B	$2.1B+2.3%	$2.1B+11.4%	$1.9B+24.8%	$1.5B+8.6%	$1.4B+16.1%	$1.2B-42.7%	$2.1B+32.7%	$1.5B-11.5%	$1.8B-22.6%	$2.3B-11.4%	$2.6B+6.1%	$2.4B-5.6%	$2.5B-8.3%	$2.8B-4.8%	$2.9B
Free Cash Flow	$12.6B	$5.3B+11.7%	$4.7B-51.4%	$9.7B+2.2%	$9.5B-15.3%	$11.3B+29.9%	$8.7B+3.0%	$8.4B+38.5%	$6.1B+14.9%	$5.3B-19.0%	$6.5B-18.1%	$8.0B-2.9%	$8.2B+2.7%	$8.0B+1.6%	$7.9B+20.0%	$6.6B
Investing Cash Flow	$2.7B	-$67.0M-102.7%	$2.5B+175.4%	-$3.3B-338.9%	-$763.0M+72.4%	-$2.8B-87.2%	-$1.5B+62.9%	-$4.0B-167.1%	$5.9B+356.4%	-$2.3B-130.3%	-$1.0B+83.8%	-$6.2B+17.6%	-$7.5B-78.1%	-$4.2B+63.0%	-$11.4B-351.8%	-$2.5B
Financing Cash Flow	-$15.4B	-$8.1B-17.8%	-$6.9B+16.8%	-$8.3B+18.9%	-$10.3B-51.0%	-$6.8B+15.9%	-$8.1B+10.4%	-$9.0B+13.0%	-$10.3B-38.9%	-$7.4B-13.8%	-$6.5B-28.0%	-$5.1B-40.8%	-$3.6B+3.0%	-$3.7B-11.9%	-$3.3B-49.8%	-$2.2B
Dividends Paid	$11.0B	$8.8B+5.0%	$8.4B+5.1%	$8.0B+4.4%	$7.6B+5.0%	$7.3B+2.9%	$7.0B+3.0%	$6.8B+3.0%	$6.6B+5.1%	$6.3B+4.6%	$6.0B+5.3%	$5.7B+7.3%	$5.3B+7.7%	$5.0B+8.1%	$4.6B+6.9%	$4.3B
Share Buybacks	$853.0M	$746.0M-58.4%	$1.8B-21.6%	$2.3B+61.4%	$1.4B+1177.5%	$111.0M-5.9%	$118.0M-89.3%	$1.1B-42.3%	$1.9B-48.1%	$3.7B0.0%	$3.7B+3.3%	$3.6B-14.4%	$4.2B-13.9%	$4.8B+6.0%	$4.6B+1.0%	$4.5B

Metric	Q2'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Operating Cash Flow	$2.0B-47.0%	$3.8B-4.9%	$5.0B+500.6%	$3.8B+6.3%	-$5.2B-1085.2%	$4.0B+48.0%	-$1.3B-129.3%	$3.6B-19.8%
Depreciation & Amortization	$264.0M-5.4%	$236.0M-14.5%	$268.0M0.0%	$279.0M+3.7%	$267.0M+1.9%	$276.0M+1.8%	$268.0M-7.6%	$269.0M-4.3%
Stock-Based Compensation	$56.0M	N/A	N/A	N/A	$63.0M-7.4%	N/A	N/A	N/A
Capital Expenditures	$266.0M-39.8%	$882.0M+9.8%	$479.0M+2.1%	$442.0M+4.7%	$309.0M-16.5%	$803.0M-5.6%	$469.0M+21.5%	$422.0M+24.5%
Free Cash Flow	$1.8B-47.9%	$2.9B-8.7%	$4.6B+364.1%	$3.4B+6.5%	-$5.5B-3588.0%	$3.1B+73.1%	-$1.7B-144.1%	$3.2B-23.4%
Investing Cash Flow	$1.7B+121.3%	-$1.0B-33.3%	$1.3B-45.7%	$789.0M+18.3%	-$1.1B-423.3%	-$783.0M+15.4%	$2.3B+239.4%	$667.0M+175.5%
Financing Cash Flow	-$3.9B-14.4%	-$5.1B+7.9%	-$3.1B-251.2%	-$3.4B-260.3%	$3.4B+745.3%	-$5.5B-29.8%	-$894.0M+71.0%	-$938.0M+69.4%
Dividends Paid	$2.3B+4.0%	$4.4B+7.4%	$2.1B+0.9%	$2.2B+5.2%	$89.0M-10.1%	$4.1B+5.4%	$2.1B+5.1%	$2.1B+4.9%
Share Buybacks	$477.0M+367.6%	$102.0M-82.0%	$172.0M-51.4%	$102.0M-40.7%	$370.0M-47.3%	$567.0M-48.3%	$354.0M+224.8%	$172.0M-27.1%

KO Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

KO quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY228-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	61.6%+0.6pp	61.1%+1.5pp	59.5%+1.4pp	58.1%-2.1pp	60.3%+1.0pp	59.3%-1.5pp	60.8%-1.1pp	61.9%-0.2pp	62.1%+1.4pp	60.7%+0.1pp	60.5%-0.6pp	61.1%+0.4pp	60.7%+0.4pp	60.3%-0.5pp	60.9%
Operating Margin	28.7%+7.5pp	21.2%-3.5pp	24.7%-0.6pp	25.4%-1.3pp	26.7%-0.6pp	27.3%+0.2pp	27.1%+0.4pp	26.7%+5.3pp	21.4%+0.7pp	20.7%+1.0pp	19.7%-1.4pp	21.1%-0.7pp	21.8%-0.6pp	22.4%+0.6pp	21.9%
Net Margin	27.3%+4.7pp	22.6%-0.8pp	23.4%+1.2pp	22.2%-3.1pp	25.3%+1.8pp	23.5%-0.5pp	23.9%+5.2pp	18.8%+15.3pp	3.5%-12.1pp	15.6%-1.0pp	16.6%+1.2pp	15.4%-2.9pp	18.3%-0.5pp	18.8%+0.3pp	18.4%
Return on Equity	40.7%-2.0pp	42.8%+1.5pp	41.3%+1.7pp	39.6%-2.9pp	42.5%+2.3pp	40.1%-6.9pp	47.0%+9.1pp	37.9%+30.6pp	7.3%-21.0pp	28.3%-0.5pp	28.8%+5.4pp	23.4%-2.5pp	25.9%-1.6pp	27.5%+0.4pp	27.1%
Return on Assets	12.5%+1.9pp	10.6%-0.4pp	11.0%+0.7pp	10.3%-0.1pp	10.4%+1.5pp	8.9%-1.5pp	10.3%+2.6pp	7.7%+6.3pp	1.4%-6.1pp	7.5%-0.7pp	8.2%+0.4pp	7.7%-1.8pp	9.5%-0.9pp	10.5%-0.3pp	10.7%
Current Ratio	1.46+0.4x	1.03-0.1x	1.130.0x	1.150.0x	1.13-0.2x	1.32+0.6x	0.76-0.1x	0.87-0.3x	1.12-0.2x	1.280.0x	1.24+0.2x	1.02-0.1x	1.130.0x	1.090.0x	1.05
Debt-to-Equity	1.31-0.4x	1.70+0.3x	1.37-0.1x	1.51-0.1x	1.66-0.4x	2.08+0.6x	1.450.0x	1.49-0.3x	1.83+0.5x	1.29+0.2x	1.11+0.5x	0.630.0x	0.58+0.1x	0.450.0x	0.43
Asset Turnover	0.460.0x	0.470.0x	0.470.0x	0.46+0.1x	0.410.0x	0.38-0.1x	0.430.0x	0.410.0x	0.41-0.1x	0.480.0x	0.490.0x	0.500.0x	0.520.0x	0.560.0x	0.58
FCF Margin	11.1%+1.0pp	10.1%-11.2pp	21.3%-0.9pp	22.2%-7.0pp	29.1%+2.9pp	26.3%+3.7pp	22.6%+4.9pp	17.7%+3.1pp	14.6%-1.0pp	15.6%-2.4pp	18.0%+0.2pp	17.8%+0.8pp	17.1%+0.7pp	16.4%+2.3pp	14.1%

Metric	Q2'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Gross Margin	63.0%+0.6pp	60.1%0.0pp	61.5%+0.8pp	62.4%+1.3pp	62.6%+0.1pp	60.0%+2.8pp	60.7%-0.4pp	61.1%+2.1pp
Operating Margin	34.9%+0.8pp	15.6%-7.9pp	32.0%+10.8pp	34.1%+12.8pp	32.9%+13.9pp	23.5%+2.5pp	21.2%-6.2pp	21.3%+1.2pp
Net Margin	31.5%+1.1pp	19.2%+0.2pp	29.7%+5.6pp	30.4%+10.9pp	29.9%+1.8pp	19.0%+0.8pp	24.0%-1.8pp	19.5%-1.8pp
Return on Equity	11.7%-1.7pp	7.1%-1.8pp	11.8%+1.1pp	13.3%+4.0pp	12.7%+0.7pp	8.8%+1.2pp	10.7%-1.0pp	9.3%-0.5pp
Return on Assets	3.8%+0.1pp	2.2%0.0pp	3.5%+0.8pp	3.6%+1.3pp	3.3%+0.1pp	2.2%+0.2pp	2.7%-0.5pp	2.4%-0.2pp
Current Ratio	1.36+0.1x	1.46+0.4x	1.21+0.2x	1.21+0.1x	1.10+0.1x	1.03-0.1x	1.06-0.1x	1.08-0.1x
Debt-to-Equity	1.16-0.4x	1.31-0.4x	1.38-0.2x	1.57+0.1x	1.66+0.3x	1.70+0.3x	1.62+0.3x	1.47+0.1x
Asset Turnover	0.120.0x	0.110.0x	0.120.0x	0.120.0x	0.110.0x	0.110.0x	0.110.0x	0.120.0x
FCF Margin	14.1%-12.8pp	24.3%-3.0pp	36.6%+51.2pp	26.9%+1.3pp	-49.5%-50.9pp	27.3%+10.5pp	-14.6%-47.3pp	25.6%-8.9pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Coca-Cola Company KO	FY2025	$47.9B	$13.1B	27.3%	$387.7B	60/100
PepsiCo, Inc. PEP	FY2025	$93.9B	$8.2B	8.8%	$172.6B	50/100
Monster Beverage Corporation MNST	FY2025	$8.3B	$1.9B	23.0%	$85.7B	82/100
Keurig Dr Pepper Inc. KDP	FY2025	$16.6B	$2.1B	12.5%	$44.6B	50/100
Celsius Holdings, Inc. CELH	FY2025	$2.5B	$108.0M	4.3%	$7.2B	58/100

Where Coca-Cola Company Ranks

Frequently Asked Questions

What is Coca-Cola Company's annual revenue?

Coca-Cola Company (KO) reported $47.9B in total revenue for fiscal year 2025. This represents a 1.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Coca-Cola Company's revenue growing?

Coca-Cola Company (KO) revenue grew by 1.9% year-over-year, from $47.1B to $47.9B in fiscal year 2025.

Is Coca-Cola Company profitable?

Yes, Coca-Cola Company (KO) reported a net income of $13.1B in fiscal year 2025, with a net profit margin of 27.3%.

What is Coca-Cola Company's EBITDA?

Coca-Cola Company (KO) had EBITDA of $14.8B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Coca-Cola Company have?

As of fiscal year 2025, Coca-Cola Company (KO) had $10.3B in cash and equivalents against $42.1B in long-term debt.

What is Coca-Cola Company's gross margin?

Coca-Cola Company (KO) had a gross margin of 61.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Coca-Cola Company's operating margin?

Coca-Cola Company (KO) had an operating margin of 28.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Coca-Cola Company's net profit margin?

Coca-Cola Company (KO) had a net profit margin of 27.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Coca-Cola Company pay dividends?

Yes, Coca-Cola Company (KO) paid $2.04 per share in dividends during fiscal year 2025.

What is Coca-Cola Company's return on equity (ROE)?

Coca-Cola Company (KO) has a return on equity of 40.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

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

Coca-Cola Company (KO) generated $5.3B in free cash flow during fiscal year 2025. This represents a 11.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Coca-Cola Company's operating cash flow?

Coca-Cola Company (KO) generated $7.4B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Coca-Cola Company's total assets?

Coca-Cola Company (KO) had $104.8B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Coca-Cola Company's capital expenditures?

Coca-Cola Company (KO) invested $2.1B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Coca-Cola Company buy back shares?

Yes, Coca-Cola Company (KO) spent $746.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Coca-Cola Company have outstanding?

Coca-Cola Company (KO) had 4.30B shares outstanding as of fiscal year 2025.

What is Coca-Cola Company's current ratio?

Coca-Cola Company (KO) had a current ratio of 1.46 as of fiscal year 2025, which is considered adequate.

What is Coca-Cola Company's debt-to-equity ratio?

Coca-Cola Company (KO) had a debt-to-equity ratio of 1.31 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Coca-Cola Company's return on assets (ROA)?

Coca-Cola Company (KO) had a return on assets of 12.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Coca-Cola Company's P/E ratio?

Coca-Cola Company (KO) trades at 28.3x earnings, its market capitalization divided by net income of $13.7B net income, trailing 12 months to April 3, 2026. The market capitalization is $387.7B as of Oct 13, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Coca-Cola Company's price-to-sales ratio?

Coca-Cola Company (KO) trades at 7.9x sales, its market capitalization divided by revenue of $49.3B revenue, trailing 12 months to April 3, 2026. The market capitalization is $387.7B as of Oct 13, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Coca-Cola Company's Altman Z-Score?

Coca-Cola Company (KO) has an Altman Z-Score of 5.28, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Coca-Cola Company's Piotroski F-Score?

Coca-Cola Company (KO) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Coca-Cola Company's earnings high quality?

Coca-Cola Company (KO) has an earnings quality ratio of 0.57x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Coca-Cola Company cover its interest payments?

Coca-Cola Company (KO) has an interest coverage ratio of 8.32x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Coca-Cola Company?

Coca-Cola Company (KO) scores 60 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.