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Coca-Cola KO Free cash flow margin

Free cash flow margin at other companies

PepsiCo logo
PepsiCoPEP
9.3%+1.3pp
Keurig Dr Pepper logo
Keurig Dr PepperKDP
9.3%-2.4pp
Coca-Cola Consolidated, Inc. logo
Coca-Cola Consolidated, Inc.COKE
8.8%+1.7pp
Monster Beverage logo
Monster BeverageMNST
23.6%-0.6pp
Ball Corporation logo
Ball CorporationBALL
0.3%
Crown Holdings logo
Crown HoldingsCCK
7.8%-0.3pp

Other financials

Income statement

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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

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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

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Operating cash flow$2.0B+139%
CapEx$266.0M-13.9%
Free cash flow$1.8B+132%

Valuation

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Market cap$341.57B+6.2%
Enterprise value$374.14B+3.4%
P/E24.9×-4.9×
P/S6.9×+0.1×

Profitability

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Gross margin61.7%+0.7pp
Operating margin29.3%+4.8pp
Net margin27.8%+4.8pp

Returns & leverage

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Return on equity45.8%+4.8pp
Debt / equity1.3×-0.6×
Current ratio1.4×+0.3×

Where this comes from

Calculated from Coca-Cola’s reported figures.

Based on trailing twelve months.

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 free cash flow margin?
Coca-Cola (KO) reported free cash flow margin of 25.5% in Q1 2026.
What is the long-term trend for Coca-Cola's free cash flow margin?
Over 4 years (2020 to 2025), Coca-Cola's free cash flow margin has grown at a -19.5% compound annual growth rate (CAGR), from 26.3% to 11%.
What does free cash flow margin mean?
How much real, spendable cash each sales dollar generates after reinvestment.
How do you interpret free cash flow margin?
A high and rising FCF margin is the hallmark of a cash-generative business. Persistent gaps between net margin and FCF margin warrant a look at working capital or capital intensity.
How does free cash flow margin compare across companies?
Strong cross-company quality signal; capital-light compounders post structurally higher FCF margins than asset-heavy peers.