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Coca-Cola KO Bottling investments — Operating Income (Loss)

Other segment segments

North America
$1.7B+4.6%
EMEA
$1.31B-1.2%
Latin America
$1.18B+23.0%

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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$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$380.73B+30.3%
Enterprise value$417.51B+26.1%
P/E26.6×+2.6×
P/S7.6×+1.4×

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

Where this comes from

Reported directly by Coca-Cola in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: Coca-Cola’s 10-Q, filed July 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Coca-Cola's bottling investments — operating income (loss)?
Coca-Cola (KO) reported bottling investments — operating income (loss) of $91M in Q2 2026.
How has Coca-Cola's bottling investments — operating income (loss) changed year-over-year?
Coca-Cola's bottling investments — operating income (loss) increased by 54.2% year-over-year, from $59M to $91M.
What is the long-term trend for Coca-Cola's bottling investments — operating income (loss)?
Over 4 years (2021 to 2025), Coca-Cola's bottling investments — operating income (loss) has grown at a -2.6% compound annual growth rate (CAGR), from $473M to $426M.
What does bottling investments — operating income (loss) mean?
This metric represents the profit or loss generated by the company's bottling and distribution operations after deducting operating expenses from net revenues. It reflects the core operational efficiency and profitability of the segment responsible for manufacturing and delivering finished beverage products to market. This figure excludes non-operating items such as interest, taxes, and corporate-level overhead allocations.