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Coca-Cola KO

US equityMarket cap rank #32Beverages - Non-Alcoholic
$88.51
+$0.42 (+0.47%)
Market open · Sep 24, 1:10 pm ET
After hours $88.13 +0.05%
Open$88.77
Prev close$88.09
Day range$88.39 – $89.36
Volume5.85M
Market cap$380.80B
P/E (TTM)26.6
Dividend yield2.35%

Earnings

Average move on report day±2.0%last 16 reports
Closed higher11 of 1669% of the time
Best reaction+5.0%
Worst reaction-2.1%

Stock move on the day after each report

+2.9%2023/Q3-0.6%2023/Q4-0.4%2024/Q1+0.3%2024/Q2-2.1%2024/Q3+4.7%2024/Q4+0.8%2025/Q1-0.6%2025/Q2+4.1%2025/Q3-1.5%2025/Q4+3.9%2026/Q1+5.0%2026/Q2
QuarterReport dateTimingImplied moveActual moveVersus implied
2026/Q228 Jul 2026Pre Market±2.3%+5.00%Bigger than priced
2026/Q128 Apr 2026Pre Market±1.9%+3.86%Bigger than priced
2025/Q410 Feb 2026Pre Market±1.9%-1.49%Within range
2025/Q321 Oct 2025Pre Market±1.5%+4.06%Bigger than priced
2025/Q222 Jul 2025Pre Market±2.0%-0.59%Within range
2025/Q129 Apr 2025Pre Market±2.5%+0.78%Within range
2024/Q411 Feb 2025Pre Market±2.0%+4.73%Bigger than priced
2024/Q323 Oct 2024Pre Market±2.0%-2.07%Bigger than priced
2024/Q223 Jul 2024Pre Market±1.5%+0.29%Within range
2024/Q130 Apr 2024Pre Market±1.4%-0.44%Within range
2023/Q413 Feb 2024Pre Market±1.7%-0.59%Within range
2023/Q324 Oct 2023Pre Market±1.6%+2.88%Bigger than priced
2023/Q226 Jul 2023Pre Market±1.5%+1.29%Within range
2022/Q226 Jul 2022Pre Market±2.1%+1.64%Within range
2021/Q410 Feb 2022±2.0%+0.56%Within range
2021/Q327 Oct 2021±1.2%+1.93%Bigger than priced

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Where the revenue comes from

Quarter 2026/Q2

By business line

  • North America$5.41B 39.7%
  • Europe, Middle East & Africa (EMEA)$3.24B 23.8%
  • Latin America$1.84B 13.5%
  • Asia Pacific$1.58B 11.6%
  • Bottling Investments$1.53B 11.2%
  • Corporate$37.00M 0.3%

Latest reported quarter: Q2, ended Jul 2026

Revenue$13.38B+6.7% YoY
Operating profit$4.70B+7.9% YoY
Net profit$4.44B+16.7% YoY
Diluted EPS$1.03+17.0% YoY
Free cash flow$5.10B+51.5% YoY
Operating cash flow$5.52B

Revenue, last 8 quarters

$11.9BSep '24$11.5BDec '24$11.1BMar '25$12.5BJun '25$12.5BSep '25$11.8BDec '25$12.5BApr '26$13.4BJul '26

Net profit, last 8 quarters

$2.9BSep '24$2.2BDec '24$3.3BMar '25$3.8BJun '25$3.7BSep '25$2.3BDec '25$4.0BApr '26$4.4BJul '26

Profitability & balance sheet

Gross margin61.9%
Operating margin31.7%
Net margin28.6%
Return on equity44.2%
Return on assets13.5%
Return on invested capital18.9%
Current ratio1.30
Liabilities / assets64.5%
Cash & investments$16.37B
Total debt$43.54B
Net cash (debt)-$27.17B
Free cash flow / sales28.5%
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