Coca Cola (KO) EBITDA Margin (2009 - 2026)
Coca Cola (KO) recorded EBITDA Margin of 36.91% in Q2 2026, up 0.54 percentage points from 36.37% a year earlier but down 0.16 percentage points from the prior quarter.
Coca Cola (KO) EBITDA Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Coca Cola's EBITDA Margin came in at 31.69% as of Jul 3, 2026, up 1.42 percentage points year-over-year; for FY2025, it was 30.90%, up 7.38 percentage points from FY2024.
- Annual EBITDA Margin has a five-year change of -1.01 percentage points (FY2020 to FY2025).
- Across earlier years, EBITDA Margin came in at 23.52% in FY2024 (-3.67 pp), 27.19% in FY2023 (-1.11 pp), 28.30% in FY2022 (-2.13 pp) and 30.42% in FY2021 (-1.48 pp).
- Quarterly EBITDA Margin has ranged from 17.57% in Q4 2025 to 37.07% in Q1 2026 over the past five years.
- On a year-over-year basis, EBITDA Margin rose in six of the last eight quarters, with an average year-over-year change of +3.46 percentage points.
- Peak year-over-year performance for EBITDA Margin in the last five years was a gain of 14.01 percentage points in Q1 2025, against a drop of 12.00 percentage points in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 37.07% (Q1 2026), 17.57% (Q4 2025) and 34.12% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 394.76 Bn | 381.23 Bn | 8.42 Bn | 36.91% |
| 2 | Coca Cola Femsa Sab De Cv | 193.90 Bn | 193.90 Bn | 2.06 Bn | - |
| 3 | Pepsico | 175.24 Bn | 133.00 Bn | 13.75 Bn | 20.38% |
| 4 | Monster Beverage | 88.77 Bn | 77.03 Bn | 1.42 Bn | 30.35% |
| 5 | Diageo | 52.19 Bn | 32.26 Bn | - | - |
| 6 | Ambev | 50.68 Bn | 35.97 Bn | 2.06 Bn | 31.49% |
| 7 | Coca-Cola Europacific Partners | 50.06 Bn | 42.72 Bn | - | - |
| 8 | Keurig Dr Pepper | 46.50 Bn | 42.54 Bn | 3.07 Bn | 13.28% |
| 9 | Constellation Brands | 22.07 Bn | 21.62 Bn | 1.39 Bn | 32.02% |
| 10 | Coca-Cola Consolidated | 13.60 Bn | 11.23 Bn | 778.41 Mn | 16.11% |
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 36.91% |
| Apr 3, 2026 | 37.07% |
| Dec 31, 2025 | 17.57% |
| Sep 26, 2025 | 34.12% |
| Jun 27, 2025 | 36.37% |
| Mar 28, 2025 | 35.28% |
| Dec 31, 2024 | 25.86% |
| Sep 27, 2024 | 23.44% |
| Jun 28, 2024 | 23.47% |
| Mar 29, 2024 | 21.27% |
| Dec 31, 2023 | 23.45% |
| Sep 29, 2023 | 29.78% |
| Jun 30, 2023 | 22.40% |
| Mar 31, 2023 | 33.27% |
| Dec 31, 2022 | 23.53% |
| Sep 30, 2022 | 30.69% |
| Jul 1, 2022 | 23.51% |
| Apr 1, 2022 | 35.54% |
| Dec 31, 2021 | 21.27% |
| Oct 1, 2021 | 32.46% |
Coca Cola EBITDA Margin 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=ebitda-margin&ticker=KO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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=ebitda-margin&ticker=KO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();