Coca-Cola is a non-alcoholic beverage maker from Atlanta. Besides Coca-Cola, its brands include Fanta, Sprite, Powerade, Costa Coffee and Smartwater. The company mainly supplies concentrate to bottling partners, which sell the drinks in more than 200 countries. As of Oct 13, 2026
As of Oct 13, 2026Fact sheet (from the annual report)Beverage makers · Atlanta, USAfull fact sheet
The company is a beverage company whose brands are available in a great many countries and territories. Its brands include soft drinks such as Sprite, Fanta and Diet Coke as well as water, sports drinks, coffee, tea and juices. The business is divided into supplying beverage concentrates and syrups to authorized bottling operations and making finished beverages. The bottlers mix these with water and sweeteners, fill the drinks into cans and bottles and deliver them to retailers. Distribution runs through independent bottling partners, distributors and wholesalers as well as through its own bottling and distribution operations. The business is organized into regions for Europe with the Middle East and Africa, Latin America, North America and the Asia-Pacific region, as well as its own bottling investments.
Our own calculation from the exchange’s daily candles, as of Oct 26, 2026. “All-time” applies since the start of this series, not to the whole market. Changes in percent; the TradingView chart shows prices. “Today” = change of the last trading day versus the previous day. Not investment advice.
Gap with volume · Analysis method
This method currently detects no pattern for KO. The check runs daily after the close.
You see new patterns immediately from Watcher, on the free plan 2 days after they form. Plans and pricing
What does the pattern show?
What is this? After strong news, usually earnings, the price opened above the previous day’s high and closed much higher on heavy volume. Such moves often continue for a few more days.
SEC filing (10-K, 10-Q)Required reports of listed companies to the US Securities and Exchange Commission (SEC): 10-K is the annual report, 10-Q the quarterly report, 20-F the annual report of foreign companies. We show the figures of the first filing.Example: 10-K for the fiscal year ending Sep 27, 2025, filed on Oct 31, 2025.More in the Academy: Lesson revenue, profit and margin
Coca-Cola Company (The) · Sector Consumer Staples · amounts in USD
Information only – does not affect the other analysis methods, not investment advice. Source: SEC filings, As of Feb 20, 2026.
Quality checks
Four angles on the annual figures. Each check counts how many disclosed criteria are met – criteria without data do not count. The bars show where the company ranks on each figure among the stocks we cover and within its sector.
✓met: Profit in each of the last 5 fiscal years5 of 5
✓met: Free cash flow positive in each of the last 3 fiscal years3 of 3
✓met: Equity ratio above 30%30.7%
Gross margin
61.6%Fiscal year 2025
All68strong
Rank 68 of 100: higher than 68% of 153 peers (All). strong.
Sector75strong
Rank 75 of 100: higher than 75% of 10 peers (Sector). strong.
Median Consumer Staples: 52.2%
Share of revenue left after the direct cost of the products sold.
Operating margin
28.7%Fiscal year 2025
All75strong
Rank 75 of 100: higher than 75% of 192 peers (All). strong.
Sector75strong
Rank 75 of 100: higher than 75% of 10 peers (Sector). strong.
Median Consumer Staples: 14.2%
Operating income divided by revenue: what the core business earns before interest and taxes.
Net margin
27.3%Fiscal year 2025
All79strong
Rank 79 of 100: higher than 79% of 237 peers (All). strong.
Sector75strong
Rank 75 of 100: higher than 75% of 10 peers (Sector). strong.
Median Consumer Staples: 9.6%
Profit after all costs, interest and taxes divided by revenue.
Return on equity
40.7%Fiscal year 2025
All84strong
Rank 84 of 100: higher than 84% of 218 peers (All). strong.
Sector93strong
Rank 93 of 100: higher than 93% of 7 peers (Sector). strong.
Median Consumer Staples: 25.8%
Net income divided by equity at fiscal year end.
Return on assets
12.5%Fiscal year 2025 (total assets at year end)
All78strong
Rank 78 of 100: higher than 78% of 238 peers (All). strong.
Sector55medium
Rank 55 of 100: higher than 55% of 10 peers (Sector). medium.
Median Consumer Staples: 11.4%
Net income divided by total assets at fiscal year end.
Equity ratio
30.7%Fiscal year 2025
All43medium
Rank 43 of 100: higher than 43% of 239 peers (All). medium.
Sector55medium
Rank 55 of 100: higher than 55% of 10 peers (Sector). medium.
Median Consumer Staples: 28.9%
Equity as a share of total assets. Usually low for banks.
Free cash flow margin
11.0%Fiscal year 2025
All44medium
Rank 44 of 100: higher than 44% of 213 peers (All). medium.
Sector55medium
Rank 55 of 100: higher than 55% of 10 peers (Sector). medium.
Median Consumer Staples: 9.7%
Free cash flow divided by revenue.
Free cash flow
5.3B USDFiscal year 2025
Operating cash flow minus capital expenditure on property and equipment.
Growth 5 of 6 met · 1 without data
✗not met: Over 3 years, revenue grew by more than 5% per year+3.7%
✓met: Over 5 years, revenue grew by more than 5% per year+7.7%
–no data: Over 10 years, revenue grew by more than 5% per yearno comparable figures over 10 years
✓met: Over 3 years, EPS grew by more than 5% per year+11.6%
✓met: Over 5 years, EPS grew by more than 5% per year+11.2%
✓met: Revenue rose in at least 4 of the last 5 fiscal years5 of 5
✓met: Revenue rose in the last fiscal year+1.9%
Revenue growth 3 years
+3.7%per year
All29weak
Rank 29 of 100: higher than 29% of 230 peers (All). weak.
Sector45medium
Rank 45 of 100: higher than 45% of 10 peers (Sector). medium.
Median Consumer Staples: +4.0%
Average growth per year over 3 fiscal years.
Revenue growth 5 years
+7.7%per year
All33medium
Rank 33 of 100: higher than 33% of 217 peers (All). medium.
Sector85strong
Rank 85 of 100: higher than 85% of 10 peers (Sector). strong.
Median Consumer Staples: +5.5%
Average growth per year over 5 fiscal years.
EPS growth 3 years
+11.6%per year
All50medium
Rank 50 of 100: higher than 50% of 157 peers (All). medium.
Sector75strong
Rank 75 of 100: higher than 75% of 10 peers (Sector). strong.
Median Consumer Staples: +8.3%
Growth of earnings per share per year, adjusted for stock splits.
EPS growth 5 years
+11.2%per year
All40medium
Rank 40 of 100: higher than 40% of 146 peers (All). medium.
Sector65medium
Rank 65 of 100: higher than 65% of 10 peers (Sector). medium.
Median Consumer Staples: +5.4%
Growth of earnings per share per year, adjusted for stock splits.
EPS growth 10 years
+6.2%per year
All33medium
Rank 33 of 100: higher than 33% of 140 peers (All). medium.
Sector83strong
Rank 83 of 100: higher than 83% of 9 peers (Sector). strong.
Median Consumer Staples: +5.6%
Growth of earnings per share per year, adjusted for stock splits.
Dividend 5 of 7 met
✓met: Pays a dividend2.04 USD
✗not met: Payout ratio at most 60% of earnings67%
✓met: Dividend paid in each of the last 5 fiscal years5 of 5
✓met: Dividend per share never lowered in the last 5 fiscal yearsDividend per share as filed with the SEC, including special dividends; a one-off higher prior year does not count as a cut.never
✓met: Dividend per share higher than 5 years ago+4.5%
✗not met: Free cash flow per share covers the dividend0.6x
✓met: Dividends paid over the last 5 years covered by free cash flow98% of free cash flow
Payout ratio
67%Fiscal year 2025
Dividend per share divided by earnings per share.
Dividend growth 5 years
+4.5%per year
All20weak
Rank 20 of 100: higher than 20% of 118 peers (All). weak.
Sector39medium
Rank 39 of 100: higher than 39% of 9 peers (Sector). medium.
Median Consumer Staples: +5.5%
Growth of the dividend per share per year.
Free cash flow coverage
0.6xFiscal year 2025
Free cash flow per share divided by dividend per share. From 1x the dividend is covered.
Financial strength 5 of 6 met
✓met: Piotroski F-Score at least 7 of 97 of 9
✗not met: Long-term debt no higher than equity1.37
✓met: Current assets cover current liabilities1.46
✓met: Positive equity32.2B USD
✓met: In 5 years, share count up by at most 5%−0.2%
✓met: Free cash flow positive in the last fiscal year5.3B USD
Piotroski F-Score
7 of 9Fiscal year 2025
All72strong
Rank 72 of 100: higher than 72% of 134 peers (All). strong.
Sector65medium
Rank 65 of 100: higher than 65% of 10 peers (Sector). medium.
Median Consumer Staples: 6.5 of 9
Nine yes/no tests on profit, cash flow, debt, liquidity and efficiency compared with the prior year.
Debt / equity
1.37at fiscal year end
All24weak
Rank 24 of 100: lower than 24% of 199 peers (All). weak.
Sector31weak
Rank 31 of 100: lower than 31% of 8 peers (Sector). weak.
Median Consumer Staples: 0.80
Long-term financial debt divided by equity.
Liquidity (current ratio)
1.46at fiscal year end
All53medium
Rank 53 of 100: higher than 53% of 215 peers (All). medium.
Sector95strong
Rank 95 of 100: higher than 95% of 10 peers (Sector). strong.
Median Consumer Staples: 0.84
Current assets divided by current liabilities.
Change in share count
−0.2%in 5 years
All45medium
Rank 45 of 100: lower than 45% of 199 peers (All). medium.
Sector25weak
Rank 25 of 100: lower than 25% of 10 peers (Sector). weak.
Median Consumer Staples: −5.8%
Change in diluted share count. Negative = share buybacks, positive = new shares.
The 9 criteria of the Piotroski F-Score
✓met: Profit in the last fiscal year (positive return on assets)
✓met: Positive operating cash flow
✓met: Return on assets higher than the prior year
✗not met: Operating cash flow higher than net income
✓met: Long-term debt relative to total assets fell
✓met: Liquidity (current assets / current liabilities) rose
✓met: No additional shares (diluted share count did not rise)
✓met: Gross margin higher than the prior year
✗not met: Revenue relative to total assets higher than the prior year
Last fiscal year compared with the one before. Returns and revenue per total assets use total assets at the start of the year; leverage = long-term financial debt divided by total assets at year end; new shares via the average diluted share count.
Price-based criteria (P/E, dividend yield) are shown to signed-in users.
Computed automatically from SEC annual reports – not investment advice. Describes the reported figures; points are not a rating of the stock. Rank 0–100 against the 239 stocks we cover and against the sector (from 5 peers); the stronger side is always on the right.
In short
Light green: Revenue grew over 5 years (+7.7% per year), at least as fast as the sector median.
Light green: Net income (total) grew over 5 years (+11.1% per year), at least as fast as the sector median; per share +11.2% per year.
Light green: Net margin 27.3%, above the sector median (6.6%).
Light yellow: Debt higher than usual in the sector.
Light green: Profit in each of the last 10 fiscal years.
Light yellow: High payout ratio (67% of earnings).
Summarized from the lights below. Describes the reported figures – not a recommendation to buy or sell.
RevenueNet incomeNet margin (below)in USD
020B40B60B
2016Fiscal year 2016 (Jan 1, 2016 – Dec 31, 2016): Revenue 41.9B USD · Net income 6.5B USD · Net margin 15.6%
2017Fiscal year 2017 (Jan 1, 2017 – Dec 31, 2017): Revenue 35.4B USD · Net income 1.2B USD · Net margin 3.5%
2018Fiscal year 2018 (Jan 1, 2018 – Dec 31, 2018): Revenue 31.9B USD · Net income 6.4B USD · Net margin 20.2%
2019Fiscal year 2019 (Jan 1, 2019 – Dec 31, 2019): Revenue 37.3B USD · Net income 8.9B USD · Net margin 23.9%
2020Fiscal year 2020 (Jan 1, 2020 – Dec 31, 2020): Revenue 33.0B USD · Net income 7.7B USD · Net margin 23.5%
2021Fiscal year 2021 (Jan 1, 2021 – Dec 31, 2021): Revenue 38.7B USD · Net income 9.8B USD · Net margin 25.3%
2022Fiscal year 2022 (Jan 1, 2022 – Dec 31, 2022): Revenue 43.0B USD · Net income 9.5B USD · Net margin 22.2%
2023Fiscal year 2023 (Jan 1, 2023 – Dec 31, 2023): Revenue 45.8B USD · Net income 10.7B USD · Net margin 23.4%
2024Fiscal year 2024 (Jan 1, 2024 – Dec 31, 2024): Revenue 47.1B USD · Net income 10.6B USD · Net margin 22.6%
2025Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Revenue 47.9B USD · Net income 13.1B USD · Net margin 27.3%
Margin
16%4%20%24%23%25%22%23%23%27%
RevenueNet incomeNet margin (below)in USD
05B10B15B
Q2/23Quarter Q2/23 (Apr 1, 2023 – Jun 30, 2023): Revenue 12.0B USD · Net income 2.5B USD · Net margin 21.3%
Q3/23Quarter Q3/23 (Jul 1, 2023 – Sep 29, 2023): Revenue 12.0B USD · Net income 3.1B USD · Net margin 25.8%
Q4/23Quarter Q4/23 (Sep 30, 2023 – Dec 31, 2023): Revenue 10.8B USD · Net income 2.0B USD · Net margin 18.2% · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/24Quarter Q1/24 (Jan 1, 2024 – Mar 29, 2024): Revenue 11.3B USD · Net income 3.2B USD · Net margin 28.1%
Q2/24Quarter Q2/24 (Mar 30, 2024 – Jun 28, 2024): Revenue 12.4B USD · Net income 2.4B USD · Net margin 19.5%
Q3/24Quarter Q3/24 (Jun 29, 2024 – Sep 27, 2024): Revenue 11.9B USD · Net income 2.8B USD · Net margin 24.0%
Q4/24Quarter Q4/24 (Sep 28, 2024 – Dec 31, 2024): Revenue 11.5B USD · Net income 2.2B USD · Net margin 19.0% · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/25Quarter Q1/25 (Jan 1, 2025 – Mar 28, 2025): Revenue 11.1B USD · Net income 3.3B USD · Net margin 29.9%
Q2/25Quarter Q2/25 (Mar 29, 2025 – Jun 27, 2025): Revenue 12.5B USD · Net income 3.8B USD · Net margin 30.4%
Q3/25Quarter Q3/25 (Jun 28, 2025 – Sep 26, 2025): Revenue 12.5B USD · Net income 3.7B USD · Net margin 29.7%
Q4/25Quarter Q4/25 (Sep 27, 2025 – Dec 31, 2025): Revenue 11.8B USD · Net income 2.3B USD · Net margin 19.2% · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/26Quarter Q1/26 (Jan 1, 2026 – Apr 3, 2026): Revenue 12.5B USD · Net income 3.9B USD · Net margin 31.5%
Margin
21%26%18%28%20%24%19%30%30%30%19%31%
Earnings per shareUSD per share
01.002.003.004.00
2016Fiscal year 2016 (Jan 1, 2016 – Dec 31, 2016): Earnings per share 1.49 USD
2017Fiscal year 2017 (Jan 1, 2017 – Dec 31, 2017): Earnings per share 0.29 USD
2018Fiscal year 2018 (Jan 1, 2018 – Dec 31, 2018): Earnings per share 1.50 USD
2019Fiscal year 2019 (Jan 1, 2019 – Dec 31, 2019): Earnings per share 2.07 USD
2020Fiscal year 2020 (Jan 1, 2020 – Dec 31, 2020): Earnings per share 1.79 USD
2021Fiscal year 2021 (Jan 1, 2021 – Dec 31, 2021): Earnings per share 2.25 USD
2022Fiscal year 2022 (Jan 1, 2022 – Dec 31, 2022): Earnings per share 2.19 USD
2023Fiscal year 2023 (Jan 1, 2023 – Dec 31, 2023): Earnings per share 2.47 USD
2024Fiscal year 2024 (Jan 1, 2024 – Dec 31, 2024): Earnings per share 2.46 USD
2025Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Earnings per share 3.04 USD
Earnings per shareUSD per share
00.250.500.751.00
Q2/23Quarter Q2/23 (Apr 1, 2023 – Jun 30, 2023): Earnings per share 0.59 USD
Dividend per sharePayout ratio (below)USD per share
01.002.003.00
2016Fiscal year 2016 (Jan 1, 2016 – Dec 31, 2016): Dividend per share 1.40 USD · Payout ratio 94.0%
2017Fiscal year 2017 (Jan 1, 2017 – Dec 31, 2017): Dividend per share 1.48 USD · Payout ratio 510.3%
2018Fiscal year 2018 (Jan 1, 2018 – Dec 31, 2018): Dividend per share 1.56 USD · Payout ratio 104.0%
2019Fiscal year 2019 (Jan 1, 2019 – Dec 31, 2019): Dividend per share 1.60 USD · Payout ratio 77.3%
2020Fiscal year 2020 (Jan 1, 2020 – Dec 31, 2020): Dividend per share 1.64 USD · Payout ratio 91.6%
2021Fiscal year 2021 (Jan 1, 2021 – Dec 31, 2021): Dividend per share 1.68 USD · Payout ratio 74.7%
2022Fiscal year 2022 (Jan 1, 2022 – Dec 31, 2022): Dividend per share 1.76 USD · Payout ratio 80.4%
2023Fiscal year 2023 (Jan 1, 2023 – Dec 31, 2023): Dividend per share 1.84 USD · Payout ratio 74.5%
2024Fiscal year 2024 (Jan 1, 2024 – Dec 31, 2024): Dividend per share 1.94 USD · Payout ratio 78.9%
2025Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Dividend per share 2.04 USD · Payout ratio 67.1%
Ratio
94%510%104%77%92%75%80%74%79%67%
Dividend per sharePayout ratio (below)USD per share
00.200.400.60
Q2/23Quarter Q2/23 (Apr 1, 2023 – Jun 30, 2023): Dividend per share 0.46 USD · Payout ratio 78.0%
Q3/23Quarter Q3/23 (Jul 1, 2023 – Sep 29, 2023): Dividend per share 0.46 USD · Payout ratio 64.8%
Q4/23Quarter Q4/23 (Sep 30, 2023 – Dec 31, 2023): Dividend per share 0.46 USD · Payout ratio not available · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/24Quarter Q1/24 (Jan 1, 2024 – Mar 29, 2024): Dividend per share 0.49 USD · Payout ratio 65.5%
Q2/24Quarter Q2/24 (Mar 30, 2024 – Jun 28, 2024): Dividend per share 0.49 USD · Payout ratio 86.6%
Q3/24Quarter Q3/24 (Jun 29, 2024 – Sep 27, 2024): Dividend per share 0.49 USD · Payout ratio 73.5%
Q4/24Quarter Q4/24 (Sep 28, 2024 – Dec 31, 2024): Dividend per share 0.49 USD · Payout ratio not available · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/25Quarter Q1/25 (Jan 1, 2025 – Mar 28, 2025): Dividend per share 0.51 USD · Payout ratio 66.2%
Q2/25Quarter Q2/25 (Mar 29, 2025 – Jun 27, 2025): Dividend per share 0.51 USD · Payout ratio 58.0%
Q3/25Quarter Q3/25 (Jun 28, 2025 – Sep 26, 2025): Dividend per share 0.51 USD · Payout ratio 59.3%
Q4/25Quarter Q4/25 (Sep 27, 2025 – Dec 31, 2025): Dividend per share 0.51 USD · Payout ratio not available · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/26Quarter Q1/26 (Jan 1, 2026 – Apr 3, 2026): Dividend per share 0.53 USD · Payout ratio 58.2%
Ratio
78%65%66%87%73%66%58%59%58%
Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Revenue 47.9B USD · Net income 13.1B USD · Net margin 27.3%
Figures over time
Where the money of a fiscal year goes and how margins, returns, balance sheet, cash flow and share count developed over up to 10 years. Each chart has one sentence saying what the trend shows.
Money flow in fiscal year 2025
Of 100 USD of revenue, 61.6 USD gross profit, 28.7 USD operating income and 27.3 USD net income remained.
Fiscal year 2025, amounts in USD, share of revenue
Item
Amount
of revenue
Revenue
47.9B USD
100.0%
Gross profit
29.5B USD
61.6%
Cost of revenue
18.4B USD
38.4%
Operating income
13.8B USD
28.7%
Operating expenses
15.8B USD
32.9%
Net income
13.1B USD
27.3%
Taxes, interest & other (net)
655.0M USD
1.4%
Taxes, interest and other items are not available separately in the SEC data; they are combined as the difference.
Margins
The operating margin rose in 5 years from 27.3% to 28.7%.
Gross marginOperating marginNet margin
0%20%40%60%80%
2016Fiscal year 2016: Gross margin 60.7% · Operating margin 20.6% · Net margin 15.6%
2017Fiscal year 2017: Gross margin 62.6% · Operating margin 21.2% · Net margin 3.5%
2018Fiscal year 2018: Gross margin 63.1% · Operating margin 27.3% · Net margin 20.2%
2019Fiscal year 2019: Gross margin 60.8% · Operating margin 27.1% · Net margin 23.9%
2020Fiscal year 2020: Gross margin 59.3% · Operating margin 27.3% · Net margin 23.5%
2021Fiscal year 2021: Gross margin 60.3% · Operating margin 26.7% · Net margin 25.3%
2022Fiscal year 2022: Gross margin 58.1% · Operating margin 25.4% · Net margin 22.2%
2023Fiscal year 2023: Gross margin 59.5% · Operating margin 24.7% · Net margin 23.4%
2024Fiscal year 2024: Gross margin 61.1% · Operating margin 21.2% · Net margin 22.6%
2025Fiscal year 2025: Gross margin 61.6% · Operating margin 28.7% · Net margin 27.3%
Returns
Return on equity stayed roughly the same in 5 years (40.7%).
Return on equityReturn on assets
0%20%40%60%
2016Fiscal year 2016: Return on equity 28.3% · Return on assets 7.5%
2017Fiscal year 2017: Return on equity 7.3% · Return on assets 1.4%
2018Fiscal year 2018: Return on equity 37.9% · Return on assets 7.7%
2019Fiscal year 2019: Return on equity 47.0% · Return on assets 10.3%
2020Fiscal year 2020: Return on equity 40.1% · Return on assets 8.9%
2021Fiscal year 2021: Return on equity 42.5% · Return on assets 10.4%
2022Fiscal year 2022: Return on equity 39.6% · Return on assets 10.3%
2023Fiscal year 2023: Return on equity 41.3% · Return on assets 11.0%
2024Fiscal year 2024: Return on equity 42.8% · Return on assets 10.6%
2025Fiscal year 2025: Return on equity 40.7% · Return on assets 12.5%
Equity and long-term debt
The equity ratio rose in 5 years from 22.1% to 30.7%.
EquityLong-term debtin USDLong-term debt, depending on the filing, includes the current portion or leases. Definition changes: some years use a different debt tag.
2016Fiscal year 2016: Operating cash flow 8.8B USD · Capital expenditure 2.3B USD · Free cash flow 6.5B USD
2017Fiscal year 2017: Operating cash flow 7.0B USD · Capital expenditure 1.7B USD · Free cash flow 5.3B USD
2018Fiscal year 2018: Operating cash flow 7.3B USD · Capital expenditure 1.3B USD · Free cash flow 6.0B USD
2019Fiscal year 2019: Operating cash flow 10.5B USD · Capital expenditure 2.1B USD · Free cash flow 8.4B USD
2020Fiscal year 2020: Operating cash flow 9.8B USD · Capital expenditure 1.2B USD · Free cash flow 8.7B USD
2021Fiscal year 2021: Operating cash flow 12.6B USD · Capital expenditure 1.4B USD · Free cash flow 11.3B USD
2022Fiscal year 2022: Operating cash flow 11.0B USD · Capital expenditure 1.5B USD · Free cash flow 9.5B USD
2023Fiscal year 2023: Operating cash flow 11.6B USD · Capital expenditure 1.9B USD · Free cash flow 9.7B USD
2024Fiscal year 2024: Operating cash flow 6.8B USD · Capital expenditure 2.1B USD · Free cash flow 4.7B USD
2025Fiscal year 2025: Operating cash flow 7.4B USD · Capital expenditure 2.1B USD · Free cash flow 5.3B USD
Share count
The share count stayed roughly the same in 5 years.
Diluted share count
02B4B6B
2016Fiscal year 2016: Diluted share count 4.4B
2017Fiscal year 2017: Diluted share count 4.3B
2018Fiscal year 2018: Diluted share count 4.3B
2019Fiscal year 2019: Diluted share count 4.3B
2020Fiscal year 2020: Diluted share count 4.3B
2021Fiscal year 2021: Diluted share count 4.3B
2022Fiscal year 2022: Diluted share count 4.4B
2023Fiscal year 2023: Diluted share count 4.3B
2024Fiscal year 2024: Diluted share count 4.3B
2025Fiscal year 2025: Diluted share count 4.3B
From annual reports filed with the SEC (10-K, 20-F, 40-F) as first reported, share count adjusted for splits; obvious filing errors (e.g. wrong unit, outliers against both neighbouring years) are hidden. Describes the reported figures – not investment advice.
Dividends and share repurchases
How much the company returns to its shareholders – as dividends or by repurchasing its own shares – and whether free cash flow supports it.
Dividend per share
2.04USD · Fiscal year 2025
Dividend growth per year
3 y+5.0%5 y+4.5%10 y+4.4%
Years without a cut
at least 10as far as the data goes
Payout ratio
of earnings67%of free cash flow166%
To shareholders (5 years)
46.3B USD14% through repurchases
Share count over 5 years
−0.2%roughly unchanged
Dividend per share
The dividend per share rose in 5 years from 1.64 USD to 2.04 USD.
Dividend per shareUSD per sharePer share as filed with the SEC, including special dividends; obvious filing errors are hidden.
01.002.003.00
2016Fiscal year 2016: Dividend per share 1.40 USD
2017Fiscal year 2017: Dividend per share 1.48 USD
2018Fiscal year 2018: Dividend per share 1.56 USD
2019Fiscal year 2019: Dividend per share 1.60 USD
2020Fiscal year 2020: Dividend per share 1.64 USD
2021Fiscal year 2021: Dividend per share 1.68 USD
2022Fiscal year 2022: Dividend per share 1.76 USD
2023Fiscal year 2023: Dividend per share 1.84 USD
2024Fiscal year 2024: Dividend per share 1.94 USD
2025Fiscal year 2025: Dividend per share 2.04 USD
Payout ratios
The payout ratio fell in 5 years from 91.6% to 67.1%.
Payout ratio (earnings)Payout ratio (free cash flow)Ratios above 500% hidden (earnings or free cash flow close to zero).
0%50%100%150%200%
2016Fiscal year 2016: Payout ratio (earnings) 94.0% · Payout ratio (free cash flow) 92.5%
2017Fiscal year 2017: Payout ratio (earnings) not available · Payout ratio (free cash flow) 118.8%
2018Fiscal year 2018: Payout ratio (earnings) 104.0% · Payout ratio (free cash flow) 111.2%
2019Fiscal year 2019: Payout ratio (earnings) 77.3% · Payout ratio (free cash flow) 81.3%
2020Fiscal year 2020: Payout ratio (earnings) 91.6% · Payout ratio (free cash flow) 81.3%
2021Fiscal year 2021: Payout ratio (earnings) 74.7% · Payout ratio (free cash flow) 64.4%
2022Fiscal year 2022: Payout ratio (earnings) 80.4% · Payout ratio (free cash flow) 79.9%
2023Fiscal year 2023: Payout ratio (earnings) 74.5% · Payout ratio (free cash flow) 81.6%
2024Fiscal year 2024: Payout ratio (earnings) 78.9% · Payout ratio (free cash flow) 176.3%
2025Fiscal year 2025: Payout ratio (earnings) 67.1% · Payout ratio (free cash flow) 165.8%
What goes back to shareholders
Over 5 years, 46.3B USD went back to shareholders, 14% of it through share repurchases. That is 114% of the free cash flow of those years. This was offset by new shares issued for 3.1B USD (including employee plans).
Dividends paid, repurchases and new shares issued from the cash flow statement of annual reports filed with the SEC (as first reported). Describes the reported figures – not investment advice.
Valuation over time
Price-based valuation (P/E, P/S, price/free cash flow and dividend yield per fiscal year, compared with its own average) for signed-in users.Log in
Sector comparison
Coca-Cola Company (The) next to 8 stocks of the sector Consumer Staples we cover that are closest in revenue. Click a column header to sort the table.
Sector comparison KO, sector Consumer Staples; last row: sector median
Growth 5 yrs = revenue growth per year over 5 fiscal years · Op. margin = operating margin · ROE = return on equity · FCF = free cash flow · Piotroski = F-Score (only with all 9 criteria).
Figures of the last fiscal year from SEC annual reports (peers as of Oct 28, 2026). Median across all companies of the sector we cover (from 5 stocks; several share classes of one company count once). Signed-in users also see P/E, P/S and dividend yield in the comparison. Describes the reported figures – not investment advice.
Key figures with traffic lights
Each light follows a simple, disclosed rule. The comparison is with the sector median Sector medianThe middle value of all companies in a sector: half are above it, half below. Unlike the average, single outliers hardly distort it.Example: Margins 4%, 8%, 10%, 12%, 60% → median 10%, average 18.8%.More in the Academy: Lesson putting the P/E in context of all 34 symbols in the Consumer Staples sector on our list (current members of the S&P 500 and other lists).
Revenue growth
Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth
Light green: above sector
+7.7%per year, last 5 years
Sector Consumer Staples: median +4.7% (31 symbols)
What does this mean? Revenue: over 5 years it grew by 7.7% per year on average – at least as fast as the median company in the sector (+4.7%).
Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.
Net income (total)
Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth
Light green: above sector
+11.1%per year, last 5 years
Sector Consumer Staples: median −2.1% (28 symbols)
per share: +11.2% per year (5 years, split-adjusted)
What does this mean? Total net income: over 5 years it grew by 11.1% per year on average – at least as fast as the median company in the sector (−2.1%).
Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.
What does this mean? Of every 100 USD in revenue, 27.34 USD remained as profit – at least as much as the median company in the sector (6.6%). Five years ago the margin was 23.5%.
Light rule: Green: at least the sector median (without a sector comparison: profit) · Yellow: profit, but below the median · Red: loss.
Debt / equity
Debt-to-equity ratioFinancial debt (loans, bonds) divided by equity. A high value amplifies good and bad years alike. The key figures bar in the chart only uses long-term financial debt.Example: Financial debt €300m, equity €500m → 0.6.More in the Academy: Lesson debt, dividends and growth
Light yellow: higher than sector
1.30latest balance sheet
Sector Consumer Staples: median 0.70 (29 symbols)
What does this mean? For every 1 USD of equity there is 1.30 USD of financial debt – more than the median company in the sector (0.70). More debt amplifies good and bad years alike.
Light rule: Green: at most the sector median · Yellow: up to twice the median · Red: more than twice · Gray: without a sector comparison.
Payout ratio
Payout ratioThe share of profit that a company pays out as a dividend. Above 100% it pays out more than it earns.Example: Dividend €1, earnings per share €2.50 → payout ratio 40%.More in the Academy: Lesson debt, dividends and growth
Light yellow: high
67%Dividend / earnings per share
Sector Consumer Staples: median 71% (24 symbols)
What does this mean? Of every 1 USD of earnings per share, 0.67 USD went to shareholders as a dividend. Little buffer remains for weaker years. Median company in the sector: 71%.
Light rule: Green: up to 60% of earnings · Yellow: up to 100% · Red: more than earnings or a dividend despite a loss · Gray for real estate (REITs). The sector median is for comparison only.
Profitable years
Profitable yearsHow many of the last fiscal years ended with a profit rather than a loss on the bottom line. The figure shows how consistently a company earns.Example: Profit in 9 of 10 years → one loss year.More in the Academy: Lesson revenue, profit and margin
Light green: profit every year
10 of 10fiscal years with a profit
What does this mean? In 10 of the last 10 fiscal years the bottom line showed a profit. There were no losses in this period.
Light rule: Green: profit in every year · Yellow: one loss year · Red: several loss years (at least 3 years needed).
Last fiscal year and 13F
Information, not a trading signal · Source: SEC EDGAR
Revenue (FY)
47.9B USD
Revenue vs. prior year
+1.9%
Net income (FY)
13.1B USD
Net income vs. prior year
+23.3%
EPS (FY)
3.04 USD
13F funds with a position
2 of 9
Funds vs. prior quarter
±0
Shares held vs. prior quarter
−0.6%
Fiscal year to Dec 31, 2025 · 10-K filed Feb 20, 2026 · Balance sheet Apr 3, 2026 (filed Apr 30, 2026) · Price-based figures (P/E, P/S, dividend yield, market cap) only when logged in. · Values as first reported; debt = reported financial debt (US GAAP: long-term).13F: reporting date Jun 30, 2026, 9 tracked funds have filed (latest Aug 14, 2026), filed with up to 45 days of delay. Stock positions only; comparison with Mar 31, 2026 only across funds that filed for both quarters.
All figures as a table
Fiscal years (amounts in USD, per share in USD)
Year
End
Revenue
Net income
Margin
Earnings per share
Dividend per share
Payout
2025
Dec 31, 2025
47.9B
13.1B
27.3%
3.04
2.04
67%
2024
Dec 31, 2024
47.1B
10.6B
22.6%
2.46
1.94
79%
2023
Dec 31, 2023
45.8B
10.7B
23.4%
2.47
1.84
74%
2022
Dec 31, 2022
43.0B
9.5B
22.2%
2.19
1.76
80%
2021
Dec 31, 2021
38.7B
9.8B
25.3%
2.25
1.68
75%
2020
Dec 31, 2020
33.0B
7.7B
23.5%
1.79
1.64
92%
2019
Dec 31, 2019
37.3B
8.9B
23.9%
2.07
1.60
77%
2018
Dec 31, 2018
31.9B
6.4B
20.2%
1.50
1.56
104%
2017
Dec 31, 2017
35.4B
1.2B
3.5%
0.29
1.48
510%
2016
Dec 31, 2016
41.9B
6.5B
15.6%
1.49
1.40
94%
Quarters (amounts in USD, per share in USD)
Quarter
End
Revenue
Net income
Margin
Earnings per share
Dividend per share
Payout
Q1/26
Apr 3, 2026
12.5B
3.9B
31.5%
0.91
0.53
58%
Q4/25*
Dec 31, 2025
11.8B
2.3B
19.2%
–
0.51
–
Q3/25
Sep 26, 2025
12.5B
3.7B
29.7%
0.86
0.51
59%
Q2/25
Jun 27, 2025
12.5B
3.8B
30.4%
0.88
0.51
58%
Q1/25
Mar 28, 2025
11.1B
3.3B
29.9%
0.77
0.51
66%
Q4/24*
Dec 31, 2024
11.5B
2.2B
19.0%
–
0.49
–
Q3/24
Sep 27, 2024
11.9B
2.8B
24.0%
0.66
0.49
73%
Q2/24
Jun 28, 2024
12.4B
2.4B
19.5%
0.56
0.49
87%
Q1/24
Mar 29, 2024
11.3B
3.2B
28.1%
0.74
0.49
66%
Q4/23*
Dec 31, 2023
10.8B
2.0B
18.2%
–
0.46
–
Q3/23
Sep 29, 2023
12.0B
3.1B
25.8%
0.71
0.46
65%
Q2/23
Jun 30, 2023
12.0B
2.5B
21.3%
0.59
0.46
78%
* Q4 derived: fiscal year minus the 9-month value (EPS cannot be derived this way); may be distorted by restatements.
How we calculate: values as first reported to the SEC (later corrections are left out), a fixed order of reporting tags per figure, partial sums are never added up. Growth per year Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth over 5 years (otherwise 3 years). Quarters are labeled by the calendar quarter in which they end.
Insiders
Insider transactionsExecutives, directors and major shareholders (over 10%) of US companies report their own transactions in their company’s stock to the SEC within two business days (Form 4). Purchases in the market count as more meaningful than sales (often taxes, estate planning).Example: Three executives acquire stock worth a total of 2 million USD within two weeks → “purchases by several insiders”.More in the Academy: Glossary
Source: mandatory filings with the SEC (Form 4), open-market purchases and sales only. General information, not investment advice.
Trend score +70
Price vs. EMA 50+15
Price vs. EMA 200+15
EMA 50 vs. EMA 200+20
ADX (trend strength)+15
Highs and lows-10
Relative strength+15
Volatility and trend strength
ADX 14 (trend strength)29.8
Rel. strength 60 d+3.3%
ATR ATR (Average True Range)The average range per trading day over the last 14 days. It makes distances comparable, whether a stock costs 10 or 1,000.Example: ATR 2.50 at a price of 100: 0.4 ATR is 1.00, i.e. 1%.More in the Academy: Lesson ATR and moving averages as price values only when logged in.