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Coca-Cola KO North America — Goodwill

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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$373.59B+24.9%
Enterprise value$410.37B+21.4%
P/E26.1×+1.5×
P/S7.5×+1.1×

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:Goodwill.

The source filing: Coca-Cola’s 10-K, filed February 20, 2026.

Filed
Feb 20, 2026, 9:46 AM EST
Fiscal year
FY2025
Accession
0001628280-26-010047
Line itemEMEALatin AmericaNorth AmericaAsia PacificBottling InvestmentsTotal
2024
Balance at beginning of year$3,647$226$10,978$417$3,090$18,358
Effect of foreign currency translation(107)(11)(10)(84)(212)
Impairment charges(6)(6)
Divestitures(1)(1)
Balance at end of year$3,540$215$10,978$407$2,999$18,139
2025
Balance at beginning of year$3,540$215$10,978$407$2,999$18,139

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Coca-Cola's north america — goodwill?
Coca-Cola (KO) reported north america — goodwill of $10.98B in Q4 2025.
How has Coca-Cola's north america — goodwill changed year-over-year?
Coca-Cola's north america — goodwill increased by 2.8% year-over-year, from $10.68B to $10.98B.
What does north america — goodwill mean?
Represents the premium paid over the fair value of identifiable net assets acquired in business combinations within the North American operating segment. It reflects the value of intangible assets such as brand reputation, customer loyalty, and synergies that are not separately identifiable. This asset is subject to periodic impairment testing to ensure its carrying value remains supported by future cash flows.

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