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.

93.48 1.48 +1.61%
Market cap
$395.8B
P/E
28.1×
Fwd P/E
24.2×
Dividend yield
2.25%
F-score
7/9
Altman Z
4.63
Beneish M
−2.35
Dividend safety
51/100

CocaCola Company (The) (KO) Return on invested capital

Alert me on Return on invested capital

CocaCola Company (The)'s return on invested capital over the twelve months to 30 June 2026 was 14.2%, up 0.4 percentage points from fiscal 2025 (13.8%). Over the past ten years it has ranged from 11.0% (fiscal 2020) to 17.2% (fiscal 2018); the current reading is higher than 55% of that period. That is in line with the Beverages Non Alcoholic industry median of 14.1% and above the Consumer Defensive sector median of 0.22%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 13.8% 2.39
FY2024 11.4% (2.38)
FY2023 13.8% 0.39
FY2022 13.4% 0.92
FY2021 12.5% 1.43
FY2020 11.0% (4.09)
FY2019 15.1% (2.05)
FY2018 17.2% 2.38
FY2017 14.8% (1.02)
FY2016 15.8% 1.01

Against its own ten years

Low 11.0% High 17.2%
Ten-year median 13.8%
Current reading's percentile 55

Return on invested capital against peers

Company Return on invested capital
COCO Vita Coco Company, Inc. compare 68.9%
COKE Coca-Cola Consolidated, Inc. compare 33.8%
MNST Monster Beverage Corporation compare 28.3%
PEP PepsiCo, Inc. compare 17.4%
KO CocaCola Company (The) 14.2%
KOF Coca Cola Femsa S.A.B. de C.V. compare 14.1%
CELH Celsius Holdings Inc. compare 8.12%
KDP Keurig Dr Pepper, Inc compare 3.53%
CCEP Coca-Cola Europacific Partners compare 0.00%
Beverages Non Alcoholic industry median 14.1%
Consumer Defensive sector median 0.22%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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