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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%

Fundamentals

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

Diluted EPS by quarter

0.66Sep '240.51Dec '240.77Mar '250.88Jun '250.86Sep '250.53Dec '250.91Apr '261.03Jul '26

Free cash flow by quarter

$-1.7BSep '24$3.1BDec '24$-5.5BMar '25$3.4BJun '25$4.6BSep '25$2.9BDec '25$1.8BApr '26$5.1BJul '26

Annual revenue

$33.0BFY20$38.7BFY21$43.0BFY22$45.8BFY23$47.1BFY24$47.9BFY25

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%

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%

Income statement

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Revenue as Reported $13.38B $12.47B $47.94B $11.82B $12.46B
Total Operating Revenue $13.38B $12.47B $47.94B $11.82B $12.46B
Cost of Revenue $4.97B $4.62B $18.40B $4.72B $4.80B
Gross Profit $8.42B $7.85B $29.54B $7.10B $7.66B
Operating Expense $3.72B $3.48B $14.63B $4.24B $3.65B
Selling and Admin Expenses $3.72B $3.47B $14.52B $4.20B $3.62B
-Selling & Marketing Expense $1.57B $1.38B $5.40B $1.46B $1.52B
-General & Admin Expense $2.16B $2.10B $9.12B $2.74B $2.10B
Operating Profit $4.70B $4.37B $14.91B $2.86B $4.01B
Net Non-Operating Interest Income (Expense) -$171.00M -$153.00M -$868.00M -$198.00M -$206.00M
Non-Operating Interest Income $198.00M $222.00M $786.00M $233.00M $185.00M
Non-Operating Interest Expense $369.00M $375.00M $1.65B $431.00M $391.00M
Other Income (Expense) $951.00M $392.00M $1.96B $298.00M $377.00M
Gain on Sale of Security $321.00M $44.00M $520.00M $129.00M $176.00M
Earnings from Equity Interest $604.00M $384.00M $2.03B $475.00M $644.00M
Special Income (Charges) $43.00M -$23.00M -$501.00M -$312.00M -$431.00M
-Less:Restructuring and Mergern & Acquisition $9.00M $10.00M $16.00M -$7.00M $35.00M
-Less:Impairment of Capital Assets -$66.00M $1.05B $1.01B
-Less:Other Special Charges $14.00M $3.00M $10.00M $2.00M $3.00M
Other Non-Operating Income (Expenses) -$17.00M -$13.00M -$95.00M $6.00M -$12.00M
Pretax Profit $5.48B $4.61B $16.00B $2.96B $4.18B
Tax $1.04B $645.00M $2.86B $646.00M $500.00M
Net Profit $4.44B $3.97B $13.14B $2.32B $3.68B
Profit from Continuing Operations $4.44B $3.97B $13.14B $2.32B $3.68B
Minority Interests $13.00M $42.00M $30.00M $45.00M -$13.00M
Net Income to Parent Company $4.43B $3.92B $13.11B $2.27B $3.70B
Net Income to Common Stockholders $4.43B $3.92B $13.11B $2.27B $3.70B
Basic EPS $1.03 $0.91 $3.05 $0.53 $0.86
Diluted EPS $1.03 $0.91 $3.04 $0.53 $0.86
Dividend Per Share $0.53 $0.53 $2.04 $0.51 $0.51
Depreciation & Amortization & Depletion $4.00M $15.00M $4.00M $4.00M
-Depreciation & Amortization $4.00M $15.00M $4.00M $4.00M
Other Operating Expenses $4.00M $97.00M $34.00M $24.00M
-Less:Write Off $10.00M $65.00M $0.00
-Gain on Sale Of Business $635.00M $697.00M -$393.00M

Balance sheet

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Assets $107.92B $104.22B $104.82B $104.82B $106.05B
Total Current Assets $32.88B $30.39B $31.04B $31.04B $27.25B
Cash and Cash Equivalents & Short-Term Investments $16.37B $13.82B $15.81B $15.81B $15.78B
-Cash and Cash Equivalents $12.91B $10.57B $10.27B $10.27B $12.73B
-Short Term Investments $3.46B $3.25B $5.54B $5.54B $3.05B
Receivables $3.73B $3.68B $3.04B $3.04B $3.95B
-Accounts Receivable $3.73B $3.68B $3.04B $3.04B $3.95B
Inventory $4.65B $4.73B $4.43B $4.43B $4.80B
Other Current Assets $2.69B $2.95B $2.43B $2.43B $2.72B
Total Non-Current Assets $75.05B $73.83B $73.77B $73.77B $78.80B
Net PPE $9.64B $9.52B $9.61B $9.61B $10.90B
-Gross PPE $18.96B $18.72B $18.73B $18.73B $20.78B
-Accumulated Depreciation -$9.33B -$9.20B -$9.12B -$9.12B -$9.87B
Investments and Advances $20.78B $20.40B $20.24B $20.24B $20.32B
-Long Term Equity Investment $20.78B $20.40B $20.24B $20.24B $20.32B
Goodwill and Other Intangible Assets $27.96B $27.87B $28.02B $28.02B $32.18B
-Goodwill $15.46B $15.41B $15.49B $15.49B $18.66B
-Other Intangible Assets $12.50B $12.46B $12.53B $12.53B $13.52B
Non-Current Deferred Assets $1.09B $1.14B $1.21B $1.21B $1.27B
Other Non-Current Assets $15.58B $14.89B $14.70B $14.70B $14.13B
Total Liabilities $69.61B $68.48B $70.54B $70.54B $72.78B
Total Current Liabilities $25.20B $22.38B $21.28B $21.28B $22.50B
Payables $16.22B $15.13B $6.17B $6.17B $18.26B
-Accounts Payable $15.43B $14.41B $5.65B $5.65B $17.69B
-Total Tax Payable $782.00M $717.00M $525.00M $525.00M $568.00M
Short-Term Debt and Capital Lease Obligation $6.54B $4.83B $3.37B $3.37B $4.24B
-Current Debt $6.54B $4.83B $3.37B $3.37B $4.24B
Other Current Liabilities $2.44B $2.43B $2.57B $2.57B
Total Non-Current Liabilities $44.41B $46.11B $49.26B $49.26B $50.28B
Long Term Debt and Capital Lease Obligation $37.00B $39.07B $42.12B $42.12B $43.18B
-Long Term Debt $37.00B $39.07B $42.12B $42.12B $43.18B
Non-Current Deferred Liabilities $2.78B $2.62B $2.41B $2.41B $2.44B
Other Non-Current Liabilities $4.63B $4.43B $4.74B $4.74B $4.67B
Total Equity $38.32B $35.73B $34.28B $34.28B $33.27B
Stockholders' Equity $36.15B $33.63B $32.17B $32.17B $31.25B
Capital Stock $1.76B $1.76B $1.76B $1.76B $1.76B
-Common Stock $1.76B $1.76B $1.76B $1.76B $1.76B
Additional Paid-In Capital $20.74B $20.63B $20.58B $20.58B $20.49B
Retained Earnings $84.17B $82.03B $80.38B $80.38B $80.31B
Less: Treasury Stock $56.89B $56.75B $56.42B $56.42B $56.36B
Gains/Losses Not Affecting Retained Earnings -$13.63B -$14.04B -$14.13B -$14.13B -$14.95B
Minority Interests $2.17B $2.10B $2.11B $2.11B $2.02B
Current Accrued Expenses $7.66B $7.66B

Cash flow

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Operating Cash Flow $5.52B $2.02B $7.41B $3.76B $5.04B
Net cash flow from continuing operations $5.52B $2.02B $7.41B $3.76B $5.04B
Net Income from Continuing Operations $4.44B $3.97B $13.14B $2.32B $3.68B
Gain/Loss from Continuing Operations -$71.00M -$342.00M -$847.00M -$115.00M -$456.00M
Depreciation & Depletion & Amortization $266.00M $264.00M $1.05B $236.00M $268.00M
Deferred Tax $148.00M $205.00M $517.00M $21.00M $37.00M
Other Non-Cash Items -$316.00M $135.00M $480.00M $391.00M $246.00M
Change in Working Capital $996.00M -$2.26B -$7.21B $832.00M $1.19B
Net cash flow from investing -$642.00M $1.75B -$67.00M -$1.04B $1.26B
Net Cash Flow from Continuing Investing Activities -$642.00M $1.75B -$67.00M -$1.04B $1.26B
Net PPE Purchase and Sale -$413.00M -$264.00M -$2.10B -$890.00M -$471.00M
Net Business Purchase and Sale -$161.00M -$37.00M $3.11B $2.44B -$130.00M
Net Investment Purchase and Sale -$269.00M $2.04B -$1.50B -$2.50B $1.67B
Net Other Investing Changes $201.00M $3.00M $421.00M -$93.00M $184.00M
Financing Cash Flow -$2.67B -$3.87B -$8.14B -$5.05B -$3.14B
Net Cash Flow from Continuing Financing Activities -$2.67B -$3.87B -$8.14B -$5.05B -$3.14B
Net Issuance Payments Of Debt -$288.00M -$1.26B $13.00M -$675.00M -$2.00B
Net Common Stock Issuance -$90.00M -$322.00M -$433.00M -$32.00M -$152.00M
Cash Dividends Paid -$2.28B -$2.28B -$8.78B -$4.39B -$2.11B
Net Other Financing Charges -$8.00M -$3.00M $1.06B $43.00M $1.12B
Ending Cash Balance $13.21B $10.57B $11.01B $11.01B $13.36B
Net Change in Cash $2.21B -$101.00M -$799.00M -$2.34B $3.16B
Beginning Cash Balance $10.57B $11.01B $11.49B $13.36B $10.20B
Effect of Exchange Rate Changes -$1.00M $86.00M $321.00M -$14.00M $3.00M
Free Cash Flow $5.10B $1.76B $5.30B $2.87B $4.56B
-Change in Receivables $334.00M
-Change in Inventory -$154.00M
-Change in Prepaid Assets -$388.00M
-Change in Payables and Accrued Expense -$7.17B
-Change in Other Current Liabilities $170.00M
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