Stock · KO · Consumer Defensive
United States · Large Cap · listed since 1919 · Revenue 12 mo. $50.1B
Price as of 11/06/2026
Summary
57.0 of 100
Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.
Analysis
What the price requires
If free cash flow stays at €4.8B (2025), it supports €52.8B. The remaining €309.8B of the market value assume it grows 26.9% a year for 10 years and not at all afterwards.
Required FCF growth per year
26.9%
no growth afterwards
Price to operating cash flow 25.2×, within its usual range.
Middle half of 20 quarters: 21.9× to 38.1×, median 23.5×.
Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.
with respect to the priced-in expectation
with respect to the priced-in expectation
AI summary of the 2025 annual report
A language model selected and condensed statements from the report. Each statement carries a verbatim quote. The selection is not complete and shows the state of the report. It gives no rating and does not feed into the score.
Form 10-K, fiscal year ended 12/31/2025, filed 02/20/2026. Open the report at the SEC
| Segment | Share | Revenue |
|---|---|---|
| North America | 40.1% | $19.6B |
| Europe, Middle East, Africa | 23.6% | $11.5B |
| Latin America | 13.0% | $6.3B |
| Bottling investments | 11.8% | $5.7B |
| Asia Pacific | 11.6% | $5.6B |
From the report's structured data (XBRL), not from the language model. The sum can differ slightly from group revenue.
Concentrate operations earn revenue by selling beverage concentrates, syrups and some finished drinks to authorised bottling operations.
Our concentrate operations typically generate net operating revenues by selling beverage concentrates, sometimes referred to as “beverage bases,” syrups, including fountain syrups, and certain finished beverages to authorized bottling operationsFinished product operations earn revenue by selling sparkling soft drinks and other finished beverages to retailers, or to distributors and wholesalers.
Our finished product operations generate net operating revenues by selling sparkling soft drinks and a variety of other finished beverages to retailers, or to distributors and wholesalers who in turn sell the beverages to retailers.The company owns and markets several nonalcoholic sparkling soft drink brands, including Coca-Cola, Sprite, Coca-Cola Zero Sugar, Fanta and Diet Coke/Coca-Cola Light.
We own and market several of the world’s largest nonalcoholic sparkling soft drink brands, including Coca-Cola, Sprite, Coca-Cola Zero Sugar, Fanta and Diet Coke/Coca-Cola Light.The company has also entered the alcohol beverage business directly in many markets outside the United States.
The Company has also directly entered the alcohol beverage category in numerous markets outside the United States.A large part of net operating revenues comes from selling concentrates and syrups to independent bottling partners.
We generate a significant portion of our net operating revenues by selling concentrates and syrups to independent bottling partners.In 2025, five bottling partners together accounted for 44% of the company's total worldwide unit case volume.
In 2025, these five bottling partners combined represented 44% of our total worldwide unit case volume.The commercial beverage industry is highly competitive and includes many companies, from small or emerging ones to very large ones.
The commercial beverage industry is highly competitive and consists of numerous companies, ranging from small or emerging to very large and well established.PepsiCo, Inc. is a primary competitor in many of the countries where the company does business.
In many of the countries in which we do business, PepsiCo, Inc. is a primary competitor.Competitive factors include pricing, advertising, sales promotion, in-store displays, digital marketing and product and ingredient innovation, and the list is not complete.
Competitive factors impacting our business include, but are not limited to, pricing, advertising, sales promotion programs, in-store displays and point-of-sale marketing, digital marketing, product and ingredient innovationIn 2025, one bottling partner accounted for 10% of the company's net operating revenues, which are reflected in its EMEA and Asia Pacific segments.
For the year ended December 31, 2025, one bottler accounted for 10% of our net operating revenues, which are reflected in our EMEA and Asia Pacific operating segments.The US tax authority IRS is seeking to increase the company's US taxable income for 2007 to 2009, which would create a potential additional federal income tax liability of approximately $3.3 billion, plus interest.
the United States Internal Revenue Service (“IRS”) is seeking to increase our U.S. taxable income for tax years 2007 through 2009 by an amount that creates a potential additional U.S. federal income tax liability of approximately $3.3 billion for that period, plus interest.As the company becomes subject to more alcohol regulations on licensing, trade, pricing, labeling, marketing and distributor relationships, it may face higher compliance costs and disruption to its existing business.
As we become subject to additional governmental regulations, including alcohol regulations related to licensing, trade and pricing practices; labeling, advertising, promotion and marketing practices; and relationships with distributors, we may become exposed to the risk of increased compliance costs and disruptions to our existing business.The citrus industry is affected by citrus greening disease and weather variability, which can affect the quality and supply of orange juice and orange juice concentrate.
However, the citrus industry is impacted by citrus greening disease and the variability of weather conditions that can affect the quality and supply of orange juice and orange juice concentrate.If the company had to add Proposition 65 warnings to some drinks sold in California, the consumer reaction and negative publicity could negatively affect sales in California and other markets.
If we were required to add Proposition 65 warnings on the labels of one or more of our beverage products produced for sale in California, the resulting consumer reaction to the warnings and potential adverse publicity could negatively affect our sales both in California and in other markets.Since the last quarter
Q1 → Q2 2026
6 more unchanged: Revenue, 12 mo., Gross margin, EBIT margin, Net debt, Shares outstanding, Return on equity
Derivation
Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.
Price as of 11/06/2026.
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Return on equity | 40.74% | 12.35% | Rank 93 |
| Return on capital (Greenblatt) | 71.03% | 20.14% | Rank 90 |
| EBIT margin | 28.71% | 9.44% | Rank 94 |
| FCF margin | 11.05% | 6.71% | Rank 78 |
| Gross margin | 61.63% | 35.78% | Rank 94 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Revenue growth, 1 year | 1.87% | 2.12% | Rank 47 |
| Earnings growth, 3 years per year | 11.48% | 5.20% | Rank 66 |
| Earnings growth, 5 years per year | 11.14% | 6.07% | Rank 63 |
| Sustainable growth (ROE × retained earnings) | 4.41% | 3.77% | Rank 62 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Earnings yield | 3.18% | 4.25% | Rank 29 |
| FCF yield | 1.31% | 5.05% | Rank 9 |
| EV/saleslower is better | 9.12 | 1.51 | Rank 2 |
| EV/EBITlower is better | 31.78 | 16.74 | Rank 11 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Share price, 1 year | 28.93% | 3.24% | Rank 88 |
| Share price, 6 months | 22.48% | 11.30% | Rank 82 |
| Share price, 3 months | 15.03% | 9.00% | Rank 77 |
| Distance from 52-week high | −0.17% | −7.96% | Rank 94 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Accruals (Sloan)lower is better | 5.62% | −0.99% | Rank 8 |
| Change in share countlower is better | −0.16% | −0.62% | Rank 42 |
| Dividend streak in years | 55 | 5 | Rank 100 |
| Price reaction to results, market-adjusted | −2.30% | 0.22% | Rank 21 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Equity ratio | 30.69% | 41.95% | Rank 31 |
| Net debt/EBITDAlower is better | 1.78 | 1.96 | Rank 54 |
| Debt to equitylower is better | 1.47 | 0.67 | Rank 23 |
| Volatility, 1 yearlower is better | 19.10% | 25.82% | Rank 98 |
Ten years in figures
| Year | Revenue, $B | EBIT margin | FCF, $B | Shares | Net debt, $B |
|---|---|---|---|---|---|
| 2016 | 41.9 | 20.7% | 6.5 | 4.37B | 37.2 |
| 2017 | 36.2 | 21.4% | 5.4 | 4.32B | 41.7 |
| 2018 | 34.3 | 26.7% | 6.1 | 4.30B | 35.1 |
| 2019 | 37.3 | 27.1% | 8.4 | 4.31B | 37.7 |
| 2020 | 33.0 | 27.3% | 8.7 | 4.32B | 37.9 |
| 2021 | 38.7 | 26.7% | 11.3 | 4.34B | 34.9 |
| 2022 | 43.0 | 25.4% | 9.5 | 4.35B | 31.1 |
| 2023 | 45.8 | 24.7% | 9.7 | 4.34B | 34.1 |
| 2024 | 47.1 | 21.2% | 4.7 | 4.32B | 34.9 |
| 2025 | 47.9 | 28.7% | 5.3 | 4.31B | 36.9 |
4 of 7 StockScorer Score rules met · How the score is built
The Coca-Cola Company mainly meets criteria in the Profitability category. Result from 18 strategies checked.
The Coca-Cola Company is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.
4 of 7 rules met
6 of 11 points
Detail data
Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.
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Selected fundamental metrics for The Coca-Cola Company.
| Metric | Stock | Sector |
|---|---|---|
| P/E ratio | 31.5 | 22.8 |
| P/B ratio | 12.8 | 2.6 |
| Return on equity (ROE) | 40.7% | 12.3% |
| Equity ratio | 30.7% | 42.0% |
| Debt-to-equity (D/E) | 1.47 | 0.67 |
| Dividend yield | 2.2% | 2.6% |
How comparable stocks in the same sector score in the StockScorer model.
| Symbol | Company | Rating |
|---|---|---|
| KO | The Coca-Cola Companythis page | |
| PEP | PepsiCo Inc | Low4.5 |
| MNST | Monster Beverage Corp | High6.4 |
| 9633.HK | Nongfu Spring Co Ltd | locked |
| CCEP.L | Coca-Cola Europacific Partners PLC | locked |
| KDP | Keurig Dr Pepper Inc | locked |
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