KO · NYSE · Beverages - Non-Alcoholic

Coca-Cola (KO)

Markets Coca-Cola, Sprite and Fanta through a global bottling network.

$87.62
Pre-market+0.40 (+0.45%)
At close$87.23(−1.16%)
Loading prices…

The Coca-Cola CompanyKO
Consumer Staples

Sells beverage concentrates, syrups and finished drinks across sparkling soft drinks, water, sports drinks, coffee, tea, juice and dairy. Revenue is split between concentrate operations and finished products, with independent bottlers handling most local manufacturing and distribution.

Owns and markets a global beverage portfolio spanning Coca-Cola, Sprite and Fanta sparkling drinks; Dasani, smartwater, Powerade and BODYARMOR hydration; Costa coffee; and Minute Maid, Simply and fairlife juice and dairy brands. Revenue comes from concentrate and syrup sales to authorized bottlers, plus finished beverages sold through company bottling operations, distributors, retailers and Costa stores.

Pairs centralized brand development, marketing and product innovation with local manufacturing, packaging and distribution across more than 200 countries and territories. Geographic segments cover EMEA, Latin America, North America and Asia Pacific, alongside Bottling Investments; the former Global Ventures segment is now folded into those operations. The model depends on independent bottlers, consumer preferences, water availability, ingredient costs and rules governing beverage ingredients and packaging.

Company facts

CEOHenrique Braun
ListedSep 5, 1919
ExchangeNYSE
HeadquartersAtlanta, GA
CountryUnited States
Employees65,900
CIK0000021344
ISINUS1912161007

Market cap$374.84B
EPS (ttm)$3.33
P/E (ttm)26.16
ROE43.0%
P/B10.37
P/S7.48
Dividend yieldDiv yield2.41%
Beta−0.24vs XLP 0.90

Price target$95.00+9.0%Average of 48 analysts
ConsensusBuy29 of 48 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 14, 2026Seaport GlobalTarget
Target:
Target: $95
Jul 30, 2026BarclaysReiterate
Rating: Target: $91
Rating: OverweightTarget: $93
Jul 29, 2026RBC CapitalReiterate
Rating: Target: $87
Rating: OutperformTarget: $96
Jul 29, 2026UBSTarget
Target: $98
Target: $104
Jul 29, 2026Piper SandlerReiterate
Rating: Target: $81
Rating: OverweightTarget: $95

Next report
Oct 20, 26
in 28 days
EPS estimate
$0.87
Revenue estimate
$12.89B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$0.55$0.73$0.87$0.82$0.58$0.86$0.97Pending
Estimate$0.52$0.71$0.83$0.78$0.57$0.81$0.92$0.87
Surprise+6.2%+2.2%+4.3%+5.3%+2.7%+5.9%+5.4%

RevenueReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$11.54B$11.13B$12.54B$12.46B$11.80B$12.47B$13.37BPending
Estimate$10.68B$11.16B$12.57B$12.41B$12.05B$12.24B$13.17B$12.89B
Surprise+8.1%−0.3%−0.3%+0.4%−2.1%+1.9%+1.5%
Estimate$0.87
ReportedDue Oct 20, 2026
Estimate$12.89B
ReportedDue Oct 20, 2026
View details

Debt to equity120.50%
Current ratio130.50%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$11.85B$11.54B$11.13B$12.54B$12.46B$11.82B$12.47B$13.38B
Net income$2.85B$2.20B$3.33B$3.81B$3.70B$2.27B$3.92B$4.43B
Net margin24.0%19.0%29.9%30.4%29.7%19.2%31.5%33.1%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$2.51B$2.71B$3.66B$4.28B$3.98B$1.84B$4.36B$4.67B
YoY growth−23.2%+19.2%+70.9%+62.6%+58.6%−32.0%+19.1%+9.2%

Balance sheet, Jul 3, 2026Cash & short-term investments $16.37B · Total debt $43.54B · Total assets $107.92B · Shareholders' equity $36.15B

Revenue
$13.38B
Operating income
$4.67B
Net income
$4.43B
View details

Dividend yield
2.41%
Next ex-date
Dec 15, 26
estimated · in 84 days
Annual dividend
$2.10
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Nov '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26Sep '26
Dividend$0.485$0.51$0.51$0.51$0.51$0.53$0.53$0.53
Annual yield3.03%2.84%2.80%3.04%2.84%2.66%2.57%2.37%
Ex-dateNov 29Mar 14Jun 13Sep 15Dec 1Mar 13Jun 15Sep 15
Payment dateDec 16Apr 1Jul 1Oct 1Dec 15Apr 1Jul 1Oct 1
View details

Institutions77.17%3.32B shares
3,727 holders · as of Jun 30, 2026
Insiders0.06%2.50M shares
20 holders · as of Aug 24, 2026
Other22.77%979.95M shares
remainder

4.30B company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Berkshire Hathaway IncInstitution
9.30%400.00Mas of Jun 30, 2026
BlackRock, Inc.Institution
7.50%322.74Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
5.55%238.80Mas of Jun 30, 2026
State Street CorpInstitution
3.89%167.40Mas of Jun 30, 2026
FMR LLCInstitution
2.54%109.16Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 20, 2026Bruno Pietracciother: President, Latin America OU−29,246$90.93
Aug 19, 2026Nancy Quanofficer: Executive Vice President−50,000$90.39
Aug 10, 2026Sanket Rayother: President INSWA−9,958$86.50
Aug 6, 2026Luisa Ortegaother: Europe OU President−55,755$86.59
Jul 31, 2026John Murphyofficer: President and CFO−152,483$87.31
View details

  • PepsiCo

    Primary rival in CSDs, sports, water, juice, and RTD coffee globally.

  • Keurig Dr Pepper

    Competes in flavored CSDs, at-home coffee systems, and RTD tea in North America.

  • Monster Beverage

    KO equity investee and energy distributor; contests shelf and energy occasions.

  • Anheuser-Busch InBev (ADR)

    Competes via alcohol-RTD and hard seltzer where KO has entered internationally.

ComparePre-market

CompanyPriceChange
Coca-Cola$87.62+0.45%$374.84B26.225.77.5+6.7%
PepsiCo$130.30+0.54%$177.02B17.014.91.8+6.4%
Keurig Dr Pepper$30.80+0.57%$41.66B30.812.42.1+75.6%
Monster Beverage$44.80+1.90%$86.06B40.635.99.3+20.2%
Anheuser-Busch InBev (ADR)$78.24+0.37%$153.52B16.52.5+6.4%
Median23.914.92.3+13.3%