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Coca-Cola KO Gross margin

Gross margin at other companies

National Beverage logo
National BeverageFIZZ
37%+0.1pp
PepsiCo logo
PepsiCoPEP
54%-0.5pp
Boston Beer logo
Boston BeerSAM
48.9%+2.4pp
Celsius Holdings, Inc. logo
Celsius Holdings, Inc.CELH
49.6%-0.8pp
Keurig Dr Pepper logo
Keurig Dr PepperKDP
53.8%-1.5pp
The Vita Coco Company, Inc. logo
The Vita Coco Company, Inc.COCO
41.1%+5.0pp

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$376.86B+27.0%
Enterprise value$413.64B+23.2%
P/E26.3×+2.0×
P/S7.5×+1.2×

Profitability

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Operating margin29.6%+1.7pp
Net margin28.6%+2.7pp
FCF margin28.5%

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 gross margin?
Coca-Cola (KO) reported gross margin of 61.9% in Q2 2026.
How has Coca-Cola's gross margin changed year-over-year?
Coca-Cola's gross margin increased by 0.8% year-over-year, from 61.4% to 61.9%.
What is the long-term trend for Coca-Cola's gross margin?
Over 5 years (2020 to 2025), Coca-Cola's gross margin has grown at a 0.8% compound annual growth rate (CAGR), from 59.3% to 61.6%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

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