Coca Cola (KO) Invested Capital (2009 - 2026)
Coca Cola's Invested Capital was $81.81 billion in Q2 2026, up 8.7% from $75.25 billion a year earlier and up 3.2% from the prior quarter.
Analysis
Coca Cola (KO) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Invested Capital at Coca Cola came in at $78.22 billion, up 12.7% from FY2024.
- Invested Capital shows a five-year compound annual growth rate of 4.1% (FY2020 to FY2025).
- In earlier years, Invested Capital was $69.4 billion in FY2024 (+6.8%), $64.99 billion in FY2023 (unchanged), $64.98 billion in FY2022 (-3.9%) and $67.62 billion in FY2021 (+5.5%).
- The Q2 2026 figure marks the highest quarterly Invested Capital in data going back to Q2 2009.
- Compared with a year earlier, Invested Capital has increased for ten straight quarters, with growth averaging 10.4% over the last eight quarters.
- The best year-over-year quarter for Invested Capital over five years was Q4 2025 (growth of 12.7%); the worst was Q3 2022 (a decline of 5.2%).
- Per Business Quant data, KO's Invested Capital in the three quarters before Q2 2026 was $79.29 billion (Q1 2026), $78.22 billion (Q4 2025) and $78.36 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 394.76 Bn | 381.23 Bn | 8.42 Bn | 81.81 Bn |
| 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 | 74.37 Bn |
| 4 | Monster Beverage | 88.77 Bn | 77.03 Bn | 1.42 Bn | - |
| 5 | Diageo | 52.19 Bn | 32.26 Bn | - | 35.75 Bn |
| 6 | Ambev | 50.68 Bn | 35.97 Bn | 2.06 Bn | 18.26 Bn |
| 7 | Coca-Cola Europacific Partners | 50.06 Bn | 42.72 Bn | - | 21.77 Bn |
| 8 | Keurig Dr Pepper | 46.50 Bn | 42.54 Bn | 3.07 Bn | 59.21 Bn |
| 9 | Constellation Brands | 22.07 Bn | 21.62 Bn | 1.39 Bn | 19.20 Bn |
| 10 | Coca-Cola Consolidated | 13.60 Bn | 11.23 Bn | 778.41 Mn | 2.01 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 81.81 Bn |
| Apr 3, 2026 | 79.29 Bn |
| Dec 31, 2025 | 78.22 Bn |
| Sep 26, 2025 | 78.36 Bn |
| Jun 27, 2025 | 75.25 Bn |
| Mar 28, 2025 | 71.45 Bn |
| Dec 31, 2024 | 69.40 Bn |
| Sep 27, 2024 | 72.22 Bn |
| Jun 28, 2024 | 67.44 Bn |
| Mar 29, 2024 | 64.44 Bn |
| Dec 31, 2023 | 64.99 Bn |
| Sep 29, 2023 | 64.09 Bn |
| Jun 30, 2023 | 64.35 Bn |
| Mar 31, 2023 | 63.81 Bn |
| Dec 31, 2022 | 64.98 Bn |
| Sep 30, 2022 | 60.63 Bn |
| Jul 1, 2022 | 62.35 Bn |
| Apr 1, 2022 | 64.93 Bn |
| Dec 31, 2021 | 67.62 Bn |
| Oct 1, 2021 | 63.98 Bn |
API Access
Coca Cola Invested Capital 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=invested-capital&ticker=KO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=KO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();