Coca Cola (KO) Capital Expenditures (2009 - 2026)
Coca Cola's Capital Expenditures was $418 million in Q2 2026, down 5.4% from $442 million a year earlier but up 57.1% from the prior quarter.
Coca Cola (KO) Capital Expenditures (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Coca Cola's Capital Expenditures was $2.05 billion through Jul 3, 2026, up 1.1% year-over-year; for FY2025, it came in at $2.11 billion, up 2.3% from FY2024.
- Capital Expenditures has now increased for five consecutive years, with a five-year compound annual growth rate of 12.4% (FY2020 to FY2025).
- In earlier years, Capital Expenditures was $2.06 billion in FY2024 (+11.4%), $1.85 billion in FY2023 (+24.8%), $1.48 billion in FY2022 (+8.6%) and $1.37 billion in FY2021 (+16.1%).
- Quarterly Capital Expenditures has moved between $217 million (Q1 2022) and $882 million (Q4 2025) over five years.
- Compared with a year earlier, Capital Expenditures was higher in four of the last eight quarters, with an average decline of 0.4%.
- The best year-over-year quarter for Capital Expenditures over five years was Q4 2021 (growth of 52.9%); the worst was Q1 2025 (a decline of 16.5%).
- Per Business Quant data, KO's Capital Expenditures in the three quarters before Q2 2026 was $266 million (Q1 2026), $882 million (Q4 2025) and $479 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 395.88 Bn | 382.35 Bn | 8.42 Bn | 418.00 Mn |
| 2 | Coca Cola Femsa Sab De Cv | 193.50 Bn | 193.50 Bn | 2.06 Bn | 231.82 Mn |
| 3 | Pepsico | 175.26 Bn | 133.02 Bn | 13.75 Bn | 916.00 Mn |
| 4 | Monster Beverage | 88.72 Bn | 76.97 Bn | 1.42 Bn | 48.43 Mn |
| 5 | Diageo | 52.28 Bn | 32.35 Bn | - | - |
| 6 | Ambev | 50.60 Bn | 35.89 Bn | 2.06 Bn | -173.85 Mn |
| 7 | Coca-Cola Europacific Partners | 50.03 Bn | 42.70 Bn | - | - |
| 8 | Keurig Dr Pepper | 46.25 Bn | 42.30 Bn | 3.07 Bn | 181.00 Mn |
| 9 | Constellation Brands | 22.09 Bn | 21.64 Bn | 1.39 Bn | 176.90 Mn |
| 10 | Coca-Cola Consolidated | 13.61 Bn | 11.24 Bn | 778.41 Mn | 84.24 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 418.00 Mn |
| Apr 3, 2026 | 266.00 Mn |
| Dec 31, 2025 | 882.00 Mn |
| Sep 26, 2025 | 479.00 Mn |
| Jun 27, 2025 | 442.00 Mn |
| Mar 28, 2025 | 309.00 Mn |
| Dec 31, 2024 | 803.00 Mn |
| Sep 27, 2024 | 469.00 Mn |
| Jun 28, 2024 | 422.00 Mn |
| Mar 29, 2024 | 370.00 Mn |
| Dec 31, 2023 | 851.00 Mn |
| Sep 29, 2023 | 386.00 Mn |
| Jun 30, 2023 | 339.00 Mn |
| Mar 31, 2023 | 276.00 Mn |
| Dec 31, 2022 | 708.00 Mn |
| Sep 30, 2022 | 289.00 Mn |
| Jul 1, 2022 | 270.00 Mn |
| Apr 1, 2022 | 217.00 Mn |
| Dec 31, 2021 | 639.00 Mn |
| Oct 1, 2021 | 278.00 Mn |
Coca Cola Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=KO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "KO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=KO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();