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Coca-Cola KO Bottling Investments — CapEx

Other segment segments

North America
$83M-27.8%
Latin America
$0

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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$12.9B+26.5%
Total debt$37.0B-24.7%
Total equity$38.3B+34.0%
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$353.88B+20.8%
Enterprise value$377.97B+13.9%
P/E24.7×+0.7×
P/S7.1×+0.8×

Profitability

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Gross margin61.9%+0.5pp
Operating margin29.6%+1.7pp
Net margin28.6%+2.7pp
FCF margin28.5%

Returns & leverage

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Return on equity42.8%-2.0pp
Debt / equity-0.8×
Current ratio1.3×+0.1×

Where this comes from

Reported directly by Coca-Cola in its filing.

Tagged under the XBRL concept us-gaap:SegmentExpenditureAdditionToLongLivedAssets.

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 bottling investments — capex?
Coca-Cola (KO) reported bottling investments — capex of $74M in Q1 2026.
How has Coca-Cola's bottling investments — capex changed year-over-year?
Coca-Cola's bottling investments — capex decreased by 29.5% year-over-year, from $105M to $74M.
What is the long-term trend for Coca-Cola's bottling investments — capex?
Over 4 years (2021 to 2025), Coca-Cola's bottling investments — capex has grown at a -0.6% compound annual growth rate (CAGR), from $560M to $547M.
What does bottling investments — capex mean?
This metric measures the cash outflows used by the bottling segment to acquire, upgrade, or maintain physical assets such as production facilities, bottling machinery, and distribution infrastructure. It represents the capital intensity required to sustain and grow the segment's manufacturing capacity and supply chain capabilities. High levels of expenditure often signal strategic investment in modernization or expansion of the bottling footprint.