Coca Cola (KO) Capital Expenditures (2009 - 2026)
Coca Cola's Capital Expenditures was $379 million in Q3 2026, down 20.9% from $479 million a year earlier and down 9.3% 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 $1.95 billion through Oct 2, 2026, down 4.3% 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 has declined for three straight quarters, with an average decline of 5.7% over the last eight quarters.
- The best year-over-year quarter for Capital Expenditures over five years was Q4 2021 (growth of 52.9%); the worst was Q3 2026 (a decline of 20.9%).
- Per Business Quant data, KO's Capital Expenditures in the three quarters before Q3 2026 was $418 million (Q2 2026), $266 million (Q1 2026) and $882 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 412.98 Bn | 401.46 Bn | 8.45 Bn | 379.00 Mn |
| 2 | Diageo | 237.65 Bn | 219.80 Bn | - | - |
| 3 | Coca Cola Femsa Sab De Cv | 195.53 Bn | 195.53 Bn | 2.15 Bn | 244.13 Mn |
| 4 | Pepsico | 194.08 Bn | 152.04 Bn | 13.75 Bn | 916.00 Mn |
| 5 | Monster Beverage | 95.50 Bn | 83.75 Bn | 1.42 Bn | 48.43 Mn |
| 6 | Coca-Cola Europacific Partners | 52.02 Bn | 45.24 Bn | - | - |
| 7 | Keurig Dr Pepper | 50.06 Bn | 50.30 Bn | 3.07 Bn | 181.00 Mn |
| 8 | Ambev | 43.66 Bn | 28.57 Bn | 2.14 Bn | -220.37 Mn |
| 9 | Constellation Brands | 24.61 Bn | 24.16 Bn | 1.39 Bn | 176.90 Mn |
| 10 | Brown Forman | 14.09 Bn | 12.77 Bn | 549.00 Mn | 12.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Oct 2, 2026 | 379.00 Mn |
| 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 |
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();