Coca Cola (KO) Gross Margin (2009 - 2026)
Coca Cola (KO) posted Gross Margin of 62.89% for Q3 2026, little changed on a QoQ basis from 62.96% in Q2 2026, and up 50.0% year-over-year from 41.93% in Q3 2025.
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Coca Cola (KO) Gross Margin (2009 - 2026) Analysis & Trends
Coca Cola has reported Gross Margin for 18 years, with the latest figure at 62.89% in Q3 2026.
- On a quarterly basis, Gross Margin rose 50.0% year-over-year to 62.89% in Q3 2026; TTM through Jul 2026 was 61.89%, a 46.0% increase from a year earlier, with the FY2025 full-year figure at 61.63%, up 56.0% from the prior year.
- Gross Margin was 62.89% for Q3 2026 at Coca Cola, roughly flat from 62.96% in the prior quarter.
- The five-year high for Gross Margin was 62.96% in Q2 2026, with the low at 55.43% in Q4 2022.
- Average Gross Margin over 5 years is 60.4%, with a median of 60.84% recorded in 2022.
- The sharpest annual moves came in 2022 and 2024: Gross Margin sank 526 bps in 2022, then soared 275 bps in 2024.
- Over 5 years, Gross Margin stood at 55.43% in 2022, then increased by 3 bps to 57.29% in 2023, then grew by 5 bps to 60.04% in 2024, then grew by 0 bps to 60.05% in 2025, then rose by 5 bps to 62.89% in 2026.
- The last three Gross Margin figures came in at 62.89% (Q3 2026), 62.96% (Q2 2026), and 60.05% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 379.05 Bn | 367.07 Bn | 8.42 Bn | 62.89% |
| 2 | Diageo | 209.58 Bn | 209.63 Bn | - | - |
| 3 | Coca Cola Femsa Sab De Cv | 185.97 Bn | 185.19 Bn | 2.06 Bn | 47.09% |
| 4 | Pepsico | 177.68 Bn | 167.14 Bn | 13.11 Bn | 54.22% |
| 5 | Monster Beverage | 86.02 Bn | 82.60 Bn | 1.42 Bn | 55.95% |
| 6 | Ambev | 46.18 Bn | 42.67 Bn | 2.06 Bn | 51.86% |
| 7 | Coca-Cola Europacific Partners | 44.77 Bn | 44.20 Bn | - | - |
| 8 | Keurig Dr Pepper | 43.22 Bn | 45.90 Bn | 3.07 Bn | 41.95% |
| 9 | Andina Bottling | 28.97 Bn | -301.93 Bn | 698.26 Mn | 40.03% |
| 10 | Constellation Brands | 19.91 Bn | 19.81 Bn | 1.32 Bn | 50.98% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 62.89% |
| Apr 3, 2026 | 62.96% |
| Dec 31, 2025 | 60.05% |
| Sep 26, 2025 | 61.49% |
| Jun 27, 2025 | 62.39% |
| Mar 28, 2025 | 62.59% |
| Dec 31, 2024 | 60.04% |
| Sep 27, 2024 | 60.65% |
| Jun 28, 2024 | 61.08% |
| Mar 29, 2024 | 62.52% |
| Dec 31, 2023 | 57.29% |
| Sep 29, 2023 | 61.04% |
| Jun 30, 2023 | 58.97% |
| Mar 31, 2023 | 60.68% |
| Dec 31, 2022 | 55.43% |
| Sep 30, 2022 | 58.73% |
| Jul 1, 2022 | 57.35% |
| Apr 1, 2022 | 61.00% |
| Dec 31, 2021 | 56.80% |
| Oct 1, 2021 | 60.40% |
API Access
Coca Cola Gross 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=gross-margin&ticker=KO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-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=gross-margin&ticker=KO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();