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Coca-Cola KO Net margin

Net margin at other companies

PepsiCo logo
PepsiCoPEP
9.1%-1.1pp
Keurig Dr Pepper logo
Keurig Dr PepperKDP
10.8%+0.2pp
Monster Beverage logo
Monster BeverageMNST
23.1%+2.8pp
Constellation Brands logo
Constellation BrandsSTZ
18.5%+17.7pp
Starbucks logo
StarbucksSBUX
3.9%-4.7pp
General Mills logo
General MillsGIS
12.1%-1.0pp

Other financials

Income statement

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Revenue$12.5B+12.1%
Gross profit$7.9B+12.7%
Operating income$4.4B+19.1%
Net income$3.9B+17.8%
EPS (diluted)$0.91+18.2%

Balance sheet

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Cash & equivalents$11.0B+24.7%
Total debt$43.6B-10.6%
Total equity$33.6B+28.4%
Total assets$104.22B+2.5%

Cash flow

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Operating cash flow$2.0B+139%
CapEx$266.0M-13.9%
Free cash flow$1.8B+132%

Valuation

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Market cap$341.57B+6.2%
Enterprise value$374.14B+3.4%
P/E24.9×-4.9×
P/S6.9×+0.1×

Profitability

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Gross margin61.7%+0.7pp
Operating margin29.3%+4.8pp

Returns & leverage

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Return on equity45.8%+4.8pp
Debt / equity1.3×-0.6×
Current ratio1.4×+0.3×

Where this comes from

Calculated from Coca-Cola’s reported figures.

Based on trailing twelve months.

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 net margin?
Coca-Cola (KO) reported net margin of 27.8% in Q1 2026.
How has Coca-Cola's net margin changed year-over-year?
Coca-Cola's net margin increased by 20.9% year-over-year, from 23% to 27.8%.
What is the long-term trend for Coca-Cola's net margin?
Over 4 years (2021 to 2025), Coca-Cola's net margin has grown at a 2.9% compound annual growth rate (CAGR), from 92.4% to 103.6%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.