Coca Cola (KO) FCF Margin (2009 - 2026)
Coca Cola's FCF Margin was 38.15% in Q2 2026, up 11.27 percentage points from 26.88% a year earlier and up 24.07 percentage points from the prior quarter.
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Analysis
Coca Cola (KO) FCF Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Coca Cola's FCF Margin was 28.52% through Jul 3, 2026, up 30.05 percentage points year-over-year; for FY2025, it came in at 11.05%, up 0.97 percentage points from FY2024.
- FCF Margin shows a five-year change of -15.21 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was 10.07% in FY2024 (-11.23 pp), 21.30% in FY2023 (-0.87 pp), 22.17% in FY2022 (-6.95 pp) and 29.12% in FY2021 (+2.87 pp).
- The Q2 2026 figure marks the highest quarterly FCF Margin in data going back to Q1 2009.
- Compared with a year earlier, FCF Margin was higher in five of the last eight quarters, with an average year-over-year change of +4.58 percentage points.
- The best year-over-year quarter for FCF Margin over five years was Q1 2026 (a gain of 63.59 percentage points); the worst was Q1 2025 (a drop of 50.92 percentage points).
- Per Business Quant data, KO's FCF Margin in the three quarters before Q2 2026 was 14.07% (Q1 2026), 24.31% (Q4 2025) and 36.64% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 394.76 Bn | 381.23 Bn | 8.42 Bn | 38.15% |
| 2 | Coca Cola Femsa Sab De Cv | 193.90 Bn | 193.90 Bn | 2.06 Bn | -5.29% |
| 3 | Pepsico | 175.24 Bn | 133.00 Bn | 13.75 Bn | 18.47% |
| 4 | Monster Beverage | 88.77 Bn | 77.03 Bn | 1.42 Bn | 18.16% |
| 5 | Diageo | 52.19 Bn | 32.26 Bn | - | - |
| 6 | Ambev | 50.68 Bn | 35.97 Bn | 2.06 Bn | 27.75% |
| 7 | Coca-Cola Europacific Partners | 50.06 Bn | 42.72 Bn | - | - |
| 8 | Keurig Dr Pepper | 46.50 Bn | 42.54 Bn | 3.07 Bn | 9.77% |
| 9 | Constellation Brands | 22.07 Bn | 21.62 Bn | 1.39 Bn | 22.72% |
| 10 | Coca-Cola Consolidated | 13.60 Bn | 11.23 Bn | 778.41 Mn | 6.39% |
Historic Data
Download Data
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% |
API Access
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_KEYimport 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();