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Coca-Cola KO Free cash flow margin

Free cash flow margin at other companies

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National BeverageFIZZ
13.2%-1.0pp
PepsiCo logo
PepsiCoPEP
10.8%+3.0pp
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Boston BeerSAM
10.7%-0.1pp
Celsius Holdings, Inc. logo
Celsius Holdings, Inc.CELH
24.6%+12.3pp
Keurig Dr Pepper logo
Keurig Dr PepperKDP
9.9%-0.3pp
The Vita Coco Company, Inc. logo
The Vita Coco Company, Inc.COCO
8.7%-5.9pp

Other financials

Income statement

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Revenue$13.4B+6.7%
Gross profit$8.4B+7.6%
Operating income$4.7B+9.2%
Net income$4.4B+16.1%
EPS (diluted)$1.03+17.0%

Balance sheet

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Cash & equivalents$13.2B+29.4%
Total debt$50.0B+1.8%
Total equity$36.2B+26.5%
Total assets$107.92B+3.4%

Cash flow

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Operating cash flow$5.5B+44.9%
CapEx$418.0M-5.4%
Free cash flow$5.1B+51.5%

Valuation

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Market cap$372.43B+25.3%
Enterprise value$409.21B+21.8%
P/E26×+1.6×
P/S7.4×+1.1×

Profitability

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Gross margin61.9%+0.5pp
Operating margin29.6%+1.7pp
Net margin28.6%+2.7pp

Returns & leverage

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Return on equity44.2%-0.5pp
Debt / equity1.4×-0.3×
Current ratio1.3×+0.1×

Where this comes from

Calculated from Coca-Cola’s reported figures.

Based on trailing twelve months.

The source filing: Coca-Cola’s 10-Q, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 2:04 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050503

FAQ

What is Coca-Cola's free cash flow margin?
Coca-Cola (KO) reported free cash flow margin of 28.5% in Q2 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?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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