Coca-Cola KO Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 61.7%+0.7pp | 61.6%+0.6pp | 61.6%+1.2pp | 61.4%+0.9pp | 61.1%+1.1pp | |
| Operating margin | 29.3%+4.8pp | 28.7%+7.5pp | 30.7%+10.1pp | 28%+5.8pp | 24.5%+2.7pp | |
| Net margin | 27.8%+4.8pp | 27.3%+4.8pp | 27.3%+4.9pp | 25.9%+3.0pp | 23%-0.4pp | |
| Returns | ||||||
| Return on equity | 45.8%+4.8pp | 46%+4.1pp | 45.1%+5.7pp | 44.8%+3.7pp | 41%-0.8pp | |
| Return on invested capital | 18.2%+2.3pp | 17.8%+3.7pp | 19.5%+5.2pp | 17.4%+1.2pp | 15.8%-0.8pp | |
| Efficiency | ||||||
| Asset turnover | 0.5×0.0× | 0.5×0.0× | 0.4×0.0× | 0.5×0.0× | 0.5×0.0× | |
| Liquidity | ||||||
| Current ratio | 1.4×+0.3× | 1.5×+0.4× | 1.2×+0.2× | 1.2×+0.1× | 1.1×+0.1× | |
| Leverage | ||||||
| Debt-to-equity | 1.3×-0.6× | 1.5×-0.3× | 1.5×-0.2× | 1.7×0.0× | 1.9×+0.5× | |
| Net debt / EBITDA | 2.1×-1.1× | 2.5×-0.6× | 2.1×-0.8× | 2.7×+0.1× | 3.2×+0.9× | |
| Per Share | ||||||
| Book value per share | $7.80+28.3% | $7.46+29.6% | $7.24+18.1% | $6.62+10.7% | $6.08-0.7% | |
| Valuation | ||||||
| Market capitalization | $327.33B+6.2% | $300.73B+12.1% | $285.42B-7.9% | $302.2B+10.1% | $308.22B+16.9% | |
| Price / earnings | 23.9×-4.7× | 22.9×-2.3× | 21.9×-7.9× | 24.8×-1.0× | 28.6×+4.1× | |
| Price / sales | 6.6×+0.1× | 6.3×+0.6× | 6×-0.7× | 6.4×+0.5× | 6.6×+0.9× | |
| Price / book | 9.7×-2.0× | 9.3×-1.4× | 9.1×-2.5× | 10.6×0.0× | 11.8×+1.8× | |
| EV / EBITDA | 23.2×-4.4× | 22.8×-4.5× | 20.3×-11.8× | 23.9×-2.7× | 27.7×+1.8× | |
| Dividend yield | 3.4%+0.6pp | 2.9%-0.2pp | 3%+0.3pp | 2.8%-0.1pp | 2.7%-0.3pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Coca-Cola's profit margins?
- Coca-Cola (KO) runs a 61.7% gross margin and a 29.3% operating margin, with a 27.8% net margin.
- Where do Coca-Cola's ratios come from?
- Every ratio is computed from Coca-Cola's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
