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    The Coca-Cola Company (KO)

    Official site

    CONSUMER DEFENSIVE • BEVERAGES - NON-ALCOHOLIC • NYSE

    $95.66
    -0.07 (-0.07%)

    Market Cap: $411.82B

    Last updated: Nov 06, 2026 at 4:43 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    98%(39/40)
    Avg Surprise
    +5.34%
    Streak
    38 Q

    Upcoming Estimates

    Period ending Dec 31, 2026
    EPS Consensus$0.71
    Range$0.65 - $0.73
    24 analysts
    Revenue Consensus
    $12.2B
    Range$11.9B - $12.3B
    18 analysts
    Period ending Mar 31, 2027
    EPS Consensus$0.89
    Range$0.87 - $0.92
    13 analysts
    EPS Revisions
    1
    0
    7d
    1
    2
    30d
    EPS Estimate DriftChange to current
    90d ago$0.90-0.6%
    60d ago$0.90-0.6%
    30d ago$0.90-0.5%
    7d ago$0.89-0.3%
    Current$0.89
    Revenue Consensus
    $11.8B
    Range$11.5B - $12.1B
    9 analysts
    Last 12 of 40 reported quarters and 2 upcoming estimates
    PeriodReportedEst.RangeSurpriseB/MAnalystsRevisionsYoY
    Mar 27EST
    		-$0.89$0.87 - $0.92--13
    1
    2
    30d
    		-
    Dec 26EST
    		-$0.71$0.65 - $0.73--24--
    Sep 26
    Reported Oct 27
    		$0.91$0.87$0.85 - $0.89+4.60%Beat18
    4
    0
    30d
    		+11.0%
    Jun 26
    Reported Jul 28
    		$0.97$0.92$0.90 - $0.95+5.43%Beat17
    2
    13
    30d
    		+11.5%
    Mar 26
    Reported Apr 28
    		$0.86$0.81$0.79 - $0.82+6.17%Beat16
    1
    5
    30d
    		+17.8%
    Dec 25
    Reported Feb 10
    		$0.58$0.56$0.55 - $0.59+3.57%Beat16
    2
    1
    30d
    		+5.5%
    Sep 25
    Reported Oct 21
    		$0.82$0.78$0.76 - $0.79+5.13%Beat18
    1
    10
    30d
    		+6.5%
    Jun 25
    Reported Jul 22
    		$0.87$0.84$0.82 - $0.86+3.57%Beat18
    3
    11
    30d
    		+3.6%
    Mar 25
    Reported Apr 29
    		$0.73$0.72$0.70 - $0.74+1.39%Beat17
    0
    9
    30d
    		+1.4%
    Dec 24
    Reported Feb 11
    		$0.55$0.52$0.50 - $0.53+5.77%Beat18
    2
    4
    30d
    		+12.2%
    Sep 24
    Reported Oct 23
    		$0.77$0.75$0.73 - $0.75+2.67%Beat15
    3
    3
    30d
    		+4.1%
    Jun 24
    Reported Jul 23
    		$0.84$0.81$0.78 - $0.82+3.70%Beat16
    3
    0
    30d
    		+7.7%
    Mar 24
    Reported Apr 30
    		$0.72$0.70$0.68 - $0.71+2.86%Beat17
    4
    1
    30d
    		+5.9%
    Dec 23
    Reported Feb 13
    		$0.49$0.49$0.48 - $0.50+0.00%Beat17
    5
    0
    30d
    		+8.9%

    Dividends

    Next ex-dividend: Dec 1, 2026

    Dividend Metrics

    Forward Yield2.22%
    Forward Annual Dividend$2.12
    Payout Ratio61.16%
    FrequencyQuarterly
    Pay MonthsApr, Jul, Oct, Dec

    Growth

    3Y CAGR+5.04%
    5Y CAGR+4.46%
    KO dividend history and ex-dividend datesRun KO in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio28.81EV/EBITDA25.36x
    Price/FCF28.82xFCF Yield3.47%
    Profitability
    Profit Margin28.60%Operating Margin33.40%
    ROE40.60%ROIC17.03%
    Financial Health
    Debt/Equity1.20xInterest Coverage10.74x
    Current Ratio1.30xQuick Ratio1.12x
    Trading Statistics
    Beta0.27Avg Volume18.11M
    52-Week High$97.3952-Week Low$65.99

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$94.03
    SMA 20$93.28
    SMA 50$89.83
    SMA 200$82.16
    EMA 10$94.47
    EMA 20$93.10
    EMA 50$90.49
    EMA 200$83.16

    MACD

    Line: 1.74Signal: 1.56Hist: 0.18

    ADX

    ADX: 31.4+DI: 29.9-DI: 19.5

    Aroon & PSAR

    Aroon Up96.0
    Aroon Down4.0
    PSAR$91.91

    Bollinger Bands

    Upper Band$97.01
    Lower Band$89.54
    %B Position801%(Upper)
    Band Width0.82

    RSI (14-Day)

    Neutral
    64.3

    Momentum Oscillators

    Stoch %K79.2
    Stoch %D81.0
    Williams %R-25.4
    ROC (10d)3.2%
    Momentum2.95
    CCI (20d)81.9
    MFI (14d)55.7

    Volatility Measures

    ATR (14d)$1.84(1.9%)
    StdDev (20d)1.87
    Hist Vol22.2%(Moderate)

    Volume Flow

    VWAP$94.99
    OBV-8.4M
    AD Line-8.4B
    CMF (20d)0.097

    Volume Metrics

    Avg Vol (20d)18.6M
    Vol Ratio1.0x
    VWMA (20d)$93.54

    Pivot Points

    R3$98.84
    R2$98.12
    R1$96.92
    Pivot Point$96.20
    S1$95.00
    S2$94.28
    S3$93.08

    Advanced Oscillators

    TSI26.63
    Ultimate Osc58.4
    KST65.31

    Financial Data

    QuarterSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023
    Total Revenue$13.38B$13.38B$12.47B$11.82B$12.46B$12.54B$11.13B$11.54B$11.85B$12.36B$11.30B$10.85B
    Cost of Revenue$4.93B$4.96B$4.62B$4.72B$4.80B$4.71B$4.16B$4.61B$4.66B$4.81B$4.24B$4.63B
    Gross Profit$8.45B$8.41B$7.85B$7.10B$7.66B$7.82B$6.97B$6.93B$7.19B$7.55B$7.07B$6.21B
    Operating Expenses$3.98B$3.74B$3.49B$5.26B$3.68B$3.54B$3.31B$4.22B$4.68B$4.92B$4.92B$3.94B
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$3.98B$3.74B$3.49B$5.26B$3.68B$3.54B$3.31B$4.22B$4.68B$4.92B$4.92B$3.94B
    Operating Income$4.46B$4.67B$4.36B$1.84B$3.98B$4.28B$3.66B$2.71B$2.51B$2.63B$2.14B$2.27B
    Interest Income$877.00M$802.00M$606.00M$708.00M$829.00M$749.00M$531.00M$542.00M$804.00M$812.00M$600.00M$628.00M
    Interest Expense$354.00M$369.00M$375.00M$431.00M$391.00M$445.00M$387.00M$431.00M$425.00M$418.00M$382.00M$413.00M
    Income Before Tax$4.83B$5.47B$4.61B$2.96B$4.18B$4.80B$4.06B$2.81B$3.38B$3.03B$3.87B$2.48B
    Income Tax Expense$777.00M$1.04B$645.00M$646.00M$500.00M$993.00M$722.00M$593.00M$530.00M$627.00M$687.00M$496.00M
    Net Income$4.06B$4.44B$3.97B$2.32B$3.68B$3.80B$3.33B$2.21B$2.85B$2.40B$3.19B$1.99B
    EBITDA$4.56B$5.31B$4.64B$2.92B$4.01B$4.77B$4.18B$2.97B$3.27B$2.90B$3.92B$2.54B
    EBIT$4.31B$5.04B$4.38B$2.69B$3.75B$4.49B$3.91B$2.69B$3.00B$2.63B$3.65B$2.27B
    * Some calculated fields are derived from available data when not provided by source

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    Government Contracts

    Gov Obligations (TTM)
    $2.78M
    Gov Obligations / Revenue
    0.0%
    Obligations YoY
    -28.7%
    Active Awards
    3,863
    New Awards (TTM)
    3,863
    Avg Remaining Term
    N/A

    Top agency: Department of Defense at 100.0% of trailing twelve month obligations across 1 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    SPE30026FXN2NDepartment of DefenseDefense Logistics Agency$15601Dec 2, 2025
    SPE30026F0UTADepartment of DefenseDefense Logistics Agency$11477May 22, 2026
    SPE30026F1922Department of DefenseDefense Logistics Agency$10290Jun 15, 2026
    SPE30026F1NT9Department of DefenseDefense Logistics Agency$9982Jul 8, 2026
    SPE30026FWXZKDepartment of DefenseDefense Logistics Agency$9522Oct 23, 2025
    SPE30026FXBB6Department of DefenseDefense Logistics Agency$9215Nov 13, 2025
    SPE30026FXUSEDepartment of DefenseDefense Logistics Agency$9045Dec 12, 2025
    SPE30026FYKEADepartment of DefenseDefense Logistics Agency$7965Jan 28, 2026
    SPE30026F1D1EDepartment of DefenseDefense Logistics Agency$7922Jun 22, 2026
    SPE30026F0K6BDepartment of DefenseDefense Logistics Agency$7845May 11, 2026

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Sep 30, 2026.

    KO Valuation and Fair Value

    P/E
    28.8x
    Forward P/E
    27.5x
    EV/EBITDA
    25.4x
    P/FCF
    28.8x
    PEG
    4.0x
    P/B
    11.4x
    See GNG's fair value

    KO Profitability: Margins, ROIC and FCF

    Gross margin
    62.3%
    Operating margin
    33.4%
    Net margin
    28.6%
    ROIC
    17.0%
    ROE
    40.6%
    FCF margin
    28.0%
    FCF yield
    3.5%

    KO Competitors

    CompanyTicker
    Costco Wholesale CorpCOST
    Procter & Gamble CompanyPG
    Walmart Inc.WMT
    Philip Morris International IncPM
    PepsiCo IncPEP
    Anheuser Busch Inbev NV ADRBUD
    Unilever PLC ADRUL
    British American Tobacco p.l.c.BTI

    Sector: Consumer Defensive

    KO Analyst Ratings

    Consensus
    Buy
    Analysts
    25
    Strong Buy
    7
    Buy
    13
    Hold
    4
    Sell
    0
    Strong Sell
    1

    KO Bull Case vs Bear Case

    Bull case

    • KO earns a 17.0% return on invested capital.
    • KO converts 28.0% of revenue into free cash flow.
    • KO has a 28.6% net profit margin.

    KO Earnings: Beat Rate and Next Report

    Beat rate
    8 of 8 quarters (100.0%)
    Average surprise
    4.5%
    EPS estimate (fiscal period ending Dec 31, 2026)
    $0.71

    KO Dividend

    Forward yield
    2.2%
    Payout ratio
    61.2%
    3Y DPS growth
    5.0%
    5Y DPS growth
    4.5%
    Pay months
    Apr, Jul, Oct, Dec
    KO dividend history

    KO Earnings Date

    KO reports Feb 8, 2027, after the close. The date is estimated.

    KO Earnings Call

    The latest KO earnings call transcript on file is labeled 2026Q3.

    Read the 2026Q3 transcript

    KO ETF Holders

    GNG tracks 54 ETFs that hold KO. The largest weights:

    1. iShares U.S. Consumer Staples ETF (IYK), 13.40% of the fund
    2. Vanguard Consumer Staples Index Fund ETF Shares (VDC), 9.80% of the fund
    3. State Street Consumer Staples Select Sector SPDR ETF (XLP), 7.33% of the fund
    4. iShares Global Consumer Staples ETF (KXI), 4.93% of the fund
    5. iShares Core High Dividend ETF (HDV), 4.37% of the fund
    Open the ETF Stock Exposure tool for KO

    See insider activity

    Frequently Asked Questions About KO

    When is KO's next ex-dividend date?

    KO's next ex-dividend date is Dec 1, 2026, for a declared dividend of $0.53 per share (record date Dec 1, 2026, payable Dec 15, 2026).

    When does KO report earnings?

    The Coca-Cola Company (KO) is expected to report earnings on Feb 8, 2027.

    What is KO's current dividend yield?

    The Coca-Cola Company (KO) has a forward dividend yield of 2.22%.

    Does KO pay dividends?

    Yes, The Coca-Cola Company pays dividends with a forward dividend yield of 2.22%.

    What is KO's P/E ratio?

    The Coca-Cola Company has a price-to-earnings (P/E) ratio of 28.81.

    Related stocks

    Sector: Consumer Defensive

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