Coca Cola (KO) FCF Margin (2009 - 2026)
Coca Cola (KO) posted FCF Margin of 38.15% for Q3 2026, up 171.09% on a QoQ basis from 14.07% in Q2 2026, and up 1127.0% year-over-year from 3.11% in Q3 2025.
Coca Cola (KO) FCF Margin (2009 - 2026) Analysis & Trends
Coca Cola has reported FCF Margin for 18 years, with the latest figure at 38.15% in Q3 2026.
- On a quarterly basis, FCF Margin rose 1127.0% year-over-year to 38.15% in Q3 2026; TTM through Jul 2026 was 28.52%, a 3005.0% increase from a year earlier, with the FY2025 full-year figure at 11.05%, up 97.0% from the prior year.
- FCF Margin was 38.15% for Q3 2026 at Coca Cola, up from 14.07% in the prior quarter.
- The five-year high for FCF Margin was 38.15% in Q3 2026, with the low at 49.52% in Q1 2025.
- Average FCF Margin over 5 years is 16.7%, with a median of 24.95% recorded in 2025.
- The sharpest annual moves came in 2025 and 2026: FCF Margin plunged 5092 bps in 2025, then surged 6359 bps in 2026.
- Over 5 years, FCF Margin stood at 22.14% in 2022, then fell by 24 bps to 16.77% in 2023, then jumped by 63 bps to 27.27% in 2024, then slipped by 11 bps to 24.31% in 2025, then surged by 57 bps to 38.15% in 2026.
- The last three FCF Margin figures came in at 38.15% (Q3 2026), 14.07% (Q2 2026), and 24.31% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 379.05 Bn | 367.07 Bn | 8.42 Bn | 38.15% |
| 2 | Diageo | 209.58 Bn | 209.63 Bn | - | - |
| 3 | Coca Cola Femsa Sab De Cv | 185.97 Bn | 185.19 Bn | 2.06 Bn | - |
| 4 | Pepsico | 177.68 Bn | 167.14 Bn | 13.11 Bn | 6.22% |
| 5 | Monster Beverage | 86.02 Bn | 82.60 Bn | 1.42 Bn | 18.16% |
| 6 | Ambev | 46.18 Bn | 42.67 Bn | 2.06 Bn | 27.75% |
| 7 | Coca-Cola Europacific Partners | 44.77 Bn | 44.20 Bn | - | - |
| 8 | Keurig Dr Pepper | 43.22 Bn | 45.90 Bn | 3.07 Bn | 9.96% |
| 9 | Andina Bottling | 28.97 Bn | -301.93 Bn | 698.26 Mn | 19.11% |
| 10 | Constellation Brands | 19.91 Bn | 19.81 Bn | 1.32 Bn | 18.71% |
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 38.15% |
| Apr 3, 2026 | 14.07% |
| Dec 31, 2025 | 24.31% |
| Sep 26, 2025 | 36.64% |
| Jun 27, 2025 | 26.88% |
| Mar 28, 2025 | -49.52% |
| Dec 31, 2024 | 27.27% |
| Sep 27, 2024 | -14.58% |
| Jun 28, 2024 | 25.58% |
| Mar 29, 2024 | 1.40% |
| Dec 31, 2023 | 16.77% |
| Sep 29, 2023 | 32.74% |
| Jun 30, 2023 | 34.50% |
| Mar 31, 2023 | -1.06% |
| Dec 31, 2022 | 22.14% |
| Sep 30, 2022 | 29.22% |
| Jul 1, 2022 | 32.26% |
| Apr 1, 2022 | 3.87% |
| Dec 31, 2021 | 29.11% |
| Oct 1, 2021 | 34.14% |
Coca Cola FCF 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=fcf-margin&ticker=KO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=KO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();