CocaCola Company (The)
KO Consumer Defensive Beverages Non Alcoholic
CocaCola Company (The)’s revenue for fiscal 2025 (year ended December 2025) was $47.9 billion, up 1.87% from fiscal 2024. In the quarter to June 2026, revenue grew 6.74%, EPS grew 15.7%, free cash flow grew 51.4% and total debt fell 3.49%, each against the same quarter a year earlier. Member of the S&P 500 and Dow Jones; dividend growth for twenty-five consecutive years, revenue growth for five.
Follow KO
CocaCola Company (The) (KO) Operating margin
CocaCola Company (The)'s operating margin over the twelve months to 30 June 2026 was 29.6%, up 0.9 percentage points from fiscal 2025 (28.7%). Over the past ten years it has ranged from 19.7% (fiscal 2015) to 28.7% (fiscal 2025) — the current reading is the highest in ten years. That is above the Beverages Non Alcoholic industry median of 13.4% and above the Consumer Defensive sector median of 1.55%.
Operating margin, annual
Embed this chart
Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 28.7% | 7.48 |
| FY2024 | 21.2% | (3.49) |
| FY2023 | 24.7% | (0.65) |
| FY2022 | 25.4% | (1.30) |
| FY2021 | 26.7% | (0.58) |
| FY2020 | 27.3% | 0.19 |
| FY2019 | 27.1% | 0.38 |
| FY2018 | 26.7% | 5.26 |
| FY2017 | 21.4% | 0.74 |
| FY2016 | 20.7% | 0.98 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 34.9% | (0.03) |
| Mar 2026 | 35.0% | 19.38 |
| Dec 2025 | 15.6% | (16.40) |
| Sep 2025 | 32.0% | (2.17) |
| 42 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| KO CocaCola Company (The) | 29.6% |
| MNST Monster Beverage Corporation compare | 29.2% |
| COCO Vita Coco Company, Inc. compare | 19.1% |
| KDP Keurig Dr Pepper, Inc compare | 16.2% |
| PEP PepsiCo, Inc. compare | 15.3% |
| KOF Coca Cola Femsa S.A.B. de C.V. compare | 14.4% |
| COKE Coca-Cola Consolidated, Inc. compare | 13.0% |
| CELH Celsius Holdings Inc. compare | 5.26% |
| CCEP Coca-Cola Europacific Partners compare | 0.00% |
| Beverages Non Alcoholic industry median | 13.4% |
| Consumer Defensive sector median | 1.55% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on KO
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement