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%+0.7pp	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
EBITDA margin	31.5%+4.6pp	30.9%+7.4pp	33%+10.1pp	30.3%+5.7pp	26.9%+2.6pp
Free cash flow margin	25.5%—	11%—	11.7%—	——	——
Returns
Return on equity	45.8%+4.8pp	46%+4.1pp	45.1%+5.7pp	44.8%+3.7pp	41%-0.8pp
Return on assets	13.3%+2.6pp	12.8%+2.0pp	12.3%+2.1pp	11.9%+1.2pp	10.7%-0.2pp
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×
Inventory turnover	3.8×+0.2×	4×0.0×	3.8×-0.2×	3.7×-0.2×	3.6×-0.2×
Liquidity
Current ratio	1.4×+0.3×	1.5×+0.4×	1.2×+0.2×	1.2×+0.1×	1.1×+0.1×
Quick ratio	1.1×+0.3×	1.3×+0.4×	1×+0.1×	1×+0.1×	0.9×0.0×
Cash ratio	0.5×+0.1×	0.5×+0.1×	0.6×+0.1×	0.5×0.0×	0.4×0.0×
Leverage
Debt-to-equity	1.3×-0.6×	1.5×-0.3×	1.5×-0.2×	1.7×0.0×	1.9×+0.5×
Debt-to-assets	0.4×-0.1×	0.5×0.0×	0.4×0.0×	0.5×0.0×	0.5×+0.1×
Net debt / EBITDA	2.1×-1.1×	2.5×-0.6×	2.1×-0.8×	2.7×+0.1×	3.2×+0.9×
Interest coverage	8.8×+1.9×	8.3×+2.3×	8.8×+3.0×	7.8×+1.3×	6.9×+0.4×
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%
Enterprise value	$359.89B+3.4%	$337.2B+11.8%	$319.14B-6.5%	$341.11B+12.2%	$348.15B+20.3%
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×
EV / sales	7.3×-0.1×	7×+0.6×	6.7×-0.7×	7.2×+0.7×	7.4×+1.1×
Free cash flow yield	3.8%—	1.8%—	2%—	——	——
Earnings yield	4.2%+0.7pp	4.4%+0.4pp	4.6%+1.2pp	4%+0.2pp	3.5%-0.6pp
Dividend yield	3.4%+0.6pp	2.9%-0.2pp	3%+0.3pp	2.8%-0.1pp	2.7%-0.3pp
PEG ratio	0.9×—	1×—	0.9×—	1.7×-17.9×	——

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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.