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.

Coca-Cola KO Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	61.7%+0.1pp	61.6%0.0pp	61.6%+0.2pp	61.4%+0.4pp	61.1%0.0pp
Operating margin	29.3%+0.6pp	28.7%-2.0pp	30.7%+2.7pp	28%+3.4pp	24.5%+3.3pp
Net margin	27.8%+0.5pp	27.3%0.0pp	27.3%+1.5pp	25.9%+2.9pp	23%+0.4pp
EBITDA margin	31.5%+0.6pp	30.9%-2.1pp	33%+2.7pp	30.3%+3.4pp	26.9%+3.3pp
Free cash flow margin	25.5%+14.4pp	11%-0.6pp	11.7%—	——	——
Returns
Return on equity	45.8%-0.2pp	46%+0.9pp	45.1%+0.4pp	44.8%+3.8pp	41%-0.9pp
Return on assets	13.3%+0.5pp	12.8%+0.5pp	12.3%+0.4pp	11.9%+1.1pp	10.7%0.0pp
Return on invested capital	18.2%+0.4pp	17.8%-1.7pp	19.5%+2.2pp	17.4%+1.5pp	15.8%+1.7pp
Efficiency
Asset turnover	0.5×0.0×	0.5×0.0×	0.4×0.0×	0.5×0.0×	0.5×0.0×
Inventory turnover	3.8×-0.2×	4×+0.2×	3.8×+0.2×	3.7×+0.1×	3.6×-0.4×
Liquidity
Current ratio	1.4×-0.1×	1.5×+0.2×	1.2×0.0×	1.2×+0.1×	1.1×+0.1×
Quick ratio	1.1×-0.1×	1.3×+0.3×	1×0.0×	1×+0.1×	0.9×0.0×
Cash ratio	0.5×0.0×	0.5×-0.1×	0.6×+0.1×	0.5×+0.1×	0.4×-0.1×
Leverage
Debt-to-equity	1.3×-0.2×	1.5×0.0×	1.5×-0.2×	1.7×-0.1×	1.9×+0.1×
Debt-to-assets	0.4×0.0×	0.5×0.0×	0.4×0.0×	0.5×0.0×	0.5×0.0×
Net debt / EBITDA	2.1×-0.4×	2.5×+0.3×	2.1×-0.6×	2.7×-0.4×	3.2×+0.2×
Interest coverage	8.8×+0.5×	8.3×-0.5×	8.8×+1.1×	7.8×+0.9×	6.9×+0.9×
Per Share
Book value per share	$7.80+4.5%	$7.46+3.0%	$7.24+9.4%	$6.62+9.0%	$6.08+5.6%
Valuation
Market capitalization	$327.33B+8.8%	$300.73B+5.4%	$285.42B-5.6%	$302.2B-2.0%	$308.22B+14.9%
Enterprise value	$359.89B+6.7%	$337.2B+5.7%	$319.14B-6.4%	$341.11B-2.0%	$348.15B+15.4%
Price / earnings	23.9×+0.9×	22.9×+1.0×	21.9×-2.9×	24.8×-3.8×	28.6×+3.4×
Price / sales	6.6×+0.4×	6.3×+0.3×	6×-0.4×	6.4×-0.2×	6.6×+0.9×
Price / book	9.7×+0.4×	9.3×+0.2×	9.1×-1.4×	10.6×-1.2×	11.8×+1.0×
EV / EBITDA	23.2×+0.4×	22.8×+2.5×	20.3×-3.6×	23.9×-3.7×	27.7×+0.4×
EV / sales	7.3×+0.3×	7×+0.3×	6.7×-0.6×	7.2×-0.2×	7.4×+1.0×
Free cash flow yield	3.8%+2.1pp	1.8%-0.2pp	2%—	——	——
Earnings yield	4.2%-0.2pp	4.4%-0.2pp	4.6%+0.5pp	4%+0.5pp	3.5%-0.5pp
Dividend yield	3.4%+0.4pp	2.9%-0.1pp	3%+0.2pp	2.8%+0.1pp	2.7%-0.4pp
PEG ratio	0.9×-0.1×	1×+0.1×	0.9×-0.9×	1.7×—	——

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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.