Coca Cola (KO) Net Margin (2009 - 2026)

Coca Cola (KO) recorded quarterly Net Margin of 31.8% in Q2 2026, up 62.32% quarter-over-quarter from 19.59% in Q4 2025, and up 183.0% on a YoY basis from 11.24% in Q2 2025.

Coca Cola (KO) Net Margin (2009 - 2026) Analysis & Trends

Coca Cola's Net Margin history runs 18 years deep, the most recent figure standing at 31.8% for Q2 2026.

  • In Q2 2026, Net Margin rose 183.0% year-over-year to 31.8%; the TTM figure through Apr 2026 stood at 27.94% (up 491.0% YoY), while the FY2025 annual figure was 27.4%, up 477.0% from the prior year.
  • Net Margin was 31.8% for Q2 2026 at Coca Cola, up from 19.59% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 31.8% in Q2 2026 to a low of 16.78% in Q3 2022.
  • Historically, Net Margin has averaged 24.4% across 5 years, with a median of 25.51% in 2022.
  • The sharpest annual moves came in 2022 and 2025: Net Margin sank 913 bps in 2022, then soared 1092 bps in 2025.
  • A 5-year view of Net Margin shows it stood at 20.31% in 2022, then declined by 10 bps to 18.31% in 2023, then grew by 5 bps to 19.17% in 2024, then gained by 2 bps to 19.59% in 2025, then soared by 62 bps to 31.8% in 2026.
  • The last three Net Margin figures came in at 31.8% (Q2 2026), 19.59% (Q4 2025), and 29.57% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Coca Cola 341.39 Bn 332.40 Bn 7.85 Bn 31.80%
2 Pepsico 194.25 Bn 183.58 Bn 10.73 Bn 12.02%
3 Monster Beverage 89.38 Bn 86.39 Bn 1.29 Bn 24.20%
4 Coca Cola Femsa Sab De Cv 87.89 Bn 86.38 Bn 1.89 Bn 6.67%
5 Keurig Dr Pepper 41.86 Bn 27.96 Bn 2.10 Bn 6.79%
6 Coca-Cola Consolidated 10.27 Bn 10.04 Bn 727.08 Mn 6.04%
7 Primo Brands 8.82 Bn 8.54 Bn 464.90 Mn -
8 Celsius Holdings 7.92 Bn 7.37 Bn 378.07 Mn 10.87%
9 Vita Coco Company 4.80 Bn 4.59 Bn 71.81 Mn 16.95%
10 National Beverage 3.40 Bn 3.09 Bn 99.60 Mn 15.57%

Historic Data

Download Data
DateValue
Apr 3, 2026 31.80%
Dec 31, 2025 19.59%
Sep 26, 2025 29.57%
Jun 27, 2025 30.34%
Mar 28, 2025 29.97%
Dec 31, 2024 19.17%
Sep 27, 2024 24.04%
Jun 28, 2024 19.42%
Mar 29, 2024 28.19%
Dec 31, 2023 18.31%
Sep 29, 2023 25.79%
Jun 30, 2023 21.06%
Mar 31, 2023 28.35%
Dec 31, 2022 20.31%
Sep 30, 2022 25.51%
Jul 1, 2022 16.78%
Apr 1, 2022 26.62%
Dec 31, 2021 25.89%
Oct 1, 2021 24.65%
Jul 2, 2021 25.91%