Latest revenue
$12.47B
as of 2026-04-03
Latest net income
$3.92B
as of 2026-04-03
Net margin
31.5%
as of 2026-04-03
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $350.57B
- Enterprise value
- $383.88B
- P/E (trailing)
- 26.7×
- Forward P/E
- —
- P/B
- 10.42×
- Dividend yield
- 2.5%
- 52-wk high
- $82.66
- 52-wk low
- $65.35
- Beta
- —
- Shares out
- 4.30B
5-year trend
What this company does
Coca-Cola sells concentrates, syrups, and finished non-alcoholic beverages—including Coke, sparkling drinks, water, juice, coffee, and tea—to bottlers and consumers worldwide. The bulk of revenue comes from selling concentrates to a global network of bottling partners, supplemented by equity income from minority stakes in those bottlers. Q1 2026 revenue rose 12% to $12.5 billion with operating income up 19%, while the company continues monetizing bottler stakes, including a partial sale of its CCEP holding.
Generated from KO's filing dated 2024-02-20
Key risks
- Heavy debt load: $39.1B long-term debt plus $4.5B current maturities against $11.1B cash; $375M quarterly interest expense.
- Assets/liabilities held for sale of $5.2B/$2.4B signal pending divestitures that could pressure reported revenue and create execution risk.
- FX exposure: Q1 translation swing of -$42M vs +$619M prior year highlights material earnings volatility from international operations.
Generated from KO's filing dated 2024-02-20
Profitability
Gross margin
61.6%
0.9%Operating margin
28.7%
35.2%Net margin
27.3%
21.0%Return on equity
40.7%
4.7%Return on assets
12.5%
18.3%Leverage
Debt / equity
2.26×
25.8%Long-term debt / equity
1.31×
23.2%Debt / assets
69.3%
7.9%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q2 2026 2026-04-03 | $12.47B | +12.1% | $3.92B | +17.8% | 31.5% |
Q4 2025 2025-12-31 | $11.82B | +2.4% | $2.27B | +3.5% | 19.2% |
Q3 2025 2025-09-26 | $12.46B | +5.1% | $3.70B | +29.8% | 29.7% |
Q2 2025 2025-06-27 | $12.54B | +1.4% | $3.81B | +58.0% | 30.4% |
Q1 2025 2025-03-28 | $11.13B | -1.5% | $3.33B | +4.8% | 29.9% |
Q4 2024 2024-12-31 | $11.54B | — | $2.19B | — | 19.0% |
Q3 2024 2024-09-27 | $11.85B | -0.8% | $2.85B | -7.7% | 24.0% |
Q2 2024 2024-06-28 | $12.36B | +3.3% | $2.41B | -5.3% | 19.5% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Beverages · SIC 2080
Your notes
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Insider activity
Insider buying
$998.7K
Insider selling
$128.1M
Net activity
−$127.1M
Distinct insiders
10
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns KO
Institutional value
$55.79B
Total shares held
750.4M
Distinct holders
770
As of
2026-03-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | VANGUARD CAPITAL MANAGEMENT LLC | 237.5M | $18.06B | — | New |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 99.9M | $7.60B | — | New |
| 3 | Invesco Ltd. | 30.8M | $2.34B | — | New |
| 4 | Legal & General Group Plc | 26.5M | $2.02B | — | New |
| 5 | VANGUARD FIDUCIARY TRUST CO | 21.7M | $1.65B | — | New |
| 6 | GQG Partners LLC | 21.1M | $1.61B | — | New |
| 7 | Mitsubishi UFJ Asset Management Co., Ltd. | 20.2M | $1.54B | — | New |
| 8 | DIMENSIONAL FUND ADVISORS LP | 18.8M | $1.43B | — | New |
| 9 | DEUTSCHE BANK AG\ | 15.5M | $1.18B | — | New |
| 10 | WELLS FARGO & COMPANY/MN | 13.5M | $1.03B | — | New |
| 11 | Swiss National Bank | 12.0M | $912.1M | — | New |
| 12 | California Public Employees Retirement System | 10.0M | $757.3M | — | New |
| 13 | National Pension Service | 9.3M | $706.3M | — | New |
| 14 | Vanguard Global Advisers, LLC | 8.5M | $644.6M | — | New |
| 15 | STIFEL FINANCIAL CORP | 8.3M | $634.6M | — | New |
| 16 | Voya Investment Management LLC | 8.3M | $631.5M | — | New |
| 17 | VANGUARD ASSET MANAGEMENT, Ltd | 7.9M | $600.8M | — | New |
| 18 | Vontobel Holding Ltd. | 7.1M | $538.1M | — | New |
| 19 | RHUMBLINE ADVISERS | 6.9M | $524.1M | — | New |
| 20 | Boston Partners | 6.5M | $497.5M | — | New |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
- 1
Operating cash flow swung to +$2.0B from -$5.2B; how much was timing/working capital versus sustainable, and what's the FY26 OCF guide?
- 2
Assets/liabilities held for sale total $5.2B/$2.4B—which bottling operations are exiting, expected proceeds, and gain/loss versus carrying value?
- 3
Equity income rose to $384M but 'Other income' collapsed from $254M to $21M—what drove the $233M swing and is it recurring?
Refreshed when KO files a new report · last from 2024-02-20