What is Coca-Cola's capex?

Coca-Cola (KO) reported capex of $266M 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 $309M to $266M.

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 property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Coca-Cola KO CapEx

CapEx at other companies

National BeverageFIZZ

$6.3M-38.3%

PepsiCoPEP

$447M-25.9%

Boston BeerSAM

$12.32M+24.2%

Celsius Holdings, Inc.CELH

$7.92M+14.0%

Keurig Dr PepperKDP

$116M-3.3%

The Vita Coco Company, Inc.COCO

$461K-17.5%

Segments

By segment

See full

North America$83M-27.8%

Bottling Investments$74M-29.5%

Latin America$0—

Other financials

Income statement

See full

Revenue$12.5B+12.1%

Gross profit$7.9B+12.7%

Operating income$4.4B+19.1%

Net income$3.9B+17.8%

EPS (diluted)$0.91+18.2%

Balance sheet

See full

Cash & equivalents$11.0B+24.7%

Total debt$43.6B-10.6%

Total equity$33.6B+28.4%

Total assets$104.22B+2.5%

Cash flow

See full

Operating cash flow$2.0B+139%

Free cash flow$1.8B+132%

Valuation

See full

Market cap$355.51B+17.6%

Enterprise value$388.08B+13.8%

P/E26×+1.1×

P/S7.2×+0.8×

Profitability

See full

Gross margin61.7%+0.7pp

Operating margin29.3%+4.8pp

Net margin27.8%+4.8pp

FCF margin25.5%—

Returns & leverage

See full

Return on equity45.8%+4.8pp

Debt / equity1.3×-0.6×

Current ratio1.4×+0.3×

Where this comes from

Reported directly by Coca-Cola in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Coca-Cola’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Coca-Cola's capex?: Coca-Cola (KO) reported capex of $266M 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 $309M to $266M.
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 property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.