CapEx
Coca-Cola CapEx decreased by 69.8% to $266.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 13.9%, from $309.00M to $266.00M. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 11.5% CAGR.
Analysis
How to read this metric
An increase often signals growth initiatives and capacity expansion, while a decrease may suggest cost-cutting or a shift toward asset-light strategies.
Detailed definition
This metric measures the cash outflows used to acquire, upgrade, and maintain physical assets such as property, building...
Peer comparison
Commonly compared as a percentage of revenue; capital-intensive firms like Abbott require consistent investment to remain competitive in medical technology.
capital_expendituresHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $234.00M | $278.00M | $639.00M | $217.00M | $270.00M | $289.00M | $708.00M | $276.00M | $339.00M | $386.00M | $851.00M | $370.00M | $422.00M | $469.00M | $803.00M | $309.00M | $442.00M | $479.00M | $882.00M | $266.00M |
| QoQ Change | — | +18.8% | +129.9% | -66.0% | +24.4% | +7.0% | +145.0% | -61.0% | +22.8% | +13.9% | +120.5% | -56.5% | +14.1% | +11.1% | +71.2% | -61.5% | +43.0% | +8.4% | +84.1% | -69.8% |
| YoY Change | — | — | — | — | +15.4% | +4.0% | +10.8% | +27.2% | +25.6% | +33.6% | +20.2% | +34.1% | +24.5% | +21.5% | -5.6% | -16.5% | +4.7% | +2.1% | +9.8% | -13.9% |
Business Segments — North America
| Segment | Q1 '24 | Q2 '24 | Q3 '24 |
|---|---|---|---|
| North America | $101.00M | $116.00M | $144.00M |
| Latin America | $0.00 | $1.00M | $0.00 |
| Total | $370.00M | $422.00M | $469.00M |
Latin America, North America were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Business Segments — Corporate
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| North America | $116.00M | $144.00M | $241.00M | $115.00M | $154.00M | $176.00M | $224.00M | $83.00M |
| Bottling Investments | $151.00M | $150.00M | $256.00M | $105.00M | $119.00M | $105.00M | $218.00M | $74.00M |
| Asia Pacific | $6.00M | $5.00M | — | $1.00M | $4.00M | $12.00M | — | — |
| Corporate | $84.00M | $116.00M | $237.00M | $47.00M | $115.00M | $120.00M | — | — |
| Eliminations | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Global Ventures | $51.00M | $51.00M | $51.00M | — | — | — | — | — |
| Latin America | $1.00M | $0.00 | $0.00 | $0.00 | $1.00M | $0.00 | $1.00M | $0.00 |
| Total | $422.00M | $469.00M | $803.00M | $309.00M | $442.00M | $479.00M | $882.00M | $266.00M |
Global Ventures is derived from annual filings.
Asia Pacific, Corporate, Eliminations, Global Ventures were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
CapEx at Other Companies
Frequently Asked Questions
- What is Coca-Cola's capex?
- Coca-Cola (KO) reported capex of $266.00M in Q1 2026.
- How has Coca-Cola's capex changed year-over-year?
- Coca-Cola's capex decreased by 13.9% year-over-year, from $309.00M to $266.00M.
- What is the long-term trend for Coca-Cola's capex?
- Over 4 years (2021 to 2025), Coca-Cola's capex has grown at a 11.5% compound annual growth rate (CAGR), from $1.37B to $2.11B.
- What does capex mean?
- Cash spent on purchasing or maintaining physical assets like machinery and facilities.