Coca Cola (KO) Net Margin (2009 - 2026)
Coca Cola (KO) posted Net Margin of 33.07% for Q2 2026, up 2.68 percentage points from 30.39% a year earlier and up 1.61 percentage points from the prior quarter.
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Analysis
Coca Cola (KO) Net Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jul 3, 2026, Net Margin at Coca Cola was 28.56%, up 2.67 percentage points year-over-year; for FY2025, it came in at 27.34%, up 4.75 percentage points from FY2024.
- Annual Net Margin shows a five-year change of +3.87 percentage points (FY2020 to FY2025).
- In prior years, Coca Cola's Net Margin was 22.59% in FY2024 (-0.83 pp), 23.42% in FY2023 (+1.23 pp), 22.19% in FY2022 (-3.09 pp) and 25.28% in FY2021 (+1.81 pp).
- The Q2 2026 figure stands as the highest quarterly Net Margin since Q4 2010.
- On a year-over-year basis, Net Margin has increased in each of the last seven quarters, with an average year-over-year change of +2.72 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Net Margin in the past five years was Q2 2025, with a gain of 10.89 percentage points; the weakest was Q2 2022, with a drop of 9.25 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 31.46% (Q1 2026), 19.21% (Q4 2025) and 29.67% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 394.76 Bn | 381.23 Bn | 8.42 Bn | 33.07% |
| 2 | Coca Cola Femsa Sab De Cv | 193.90 Bn | 193.90 Bn | 2.06 Bn | 8.14% |
| 3 | Pepsico | 175.24 Bn | 133.00 Bn | 13.75 Bn | 12.06% |
| 4 | Monster Beverage | 88.77 Bn | 77.03 Bn | 1.42 Bn | 23.04% |
| 5 | Diageo | 52.19 Bn | 32.26 Bn | - | - |
| 6 | Ambev | 50.68 Bn | 35.97 Bn | 2.06 Bn | 17.25% |
| 7 | Coca-Cola Europacific Partners | 50.06 Bn | 42.72 Bn | - | - |
| 8 | Keurig Dr Pepper | 46.50 Bn | 42.54 Bn | 3.07 Bn | 1.94% |
| 9 | Constellation Brands | 22.07 Bn | 21.62 Bn | 1.39 Bn | 20.09% |
| 10 | Coca-Cola Consolidated | 13.60 Bn | 11.23 Bn | 778.41 Mn | 7.74% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 33.07% |
| Apr 3, 2026 | 31.46% |
| Dec 31, 2025 | 19.21% |
| Sep 26, 2025 | 29.67% |
| Jun 27, 2025 | 30.39% |
| Mar 28, 2025 | 29.92% |
| Dec 31, 2024 | 19.01% |
| Sep 27, 2024 | 24.03% |
| Jun 28, 2024 | 19.50% |
| Mar 29, 2024 | 28.12% |
| Dec 31, 2023 | 18.19% |
| Sep 29, 2023 | 25.83% |
| Jun 30, 2023 | 21.27% |
| Mar 31, 2023 | 28.30% |
| Dec 31, 2022 | 20.06% |
| Sep 30, 2022 | 25.54% |
| Jul 1, 2022 | 16.82% |
| Apr 1, 2022 | 26.51% |
| Dec 31, 2021 | 25.51% |
| Oct 1, 2021 | 24.61% |
API Access
Coca Cola Net 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=net-margin&ticker=KO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=KO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();