Coca Cola (KO) Net of Acquisitions & Divestments (2009 - 2026)
Coca Cola (KO) recorded Net of Acquisitions & Divestments of -$161 million in Q2 2026, compared with $88 million a year earlier.
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Analysis
Coca Cola (KO) Net of Acquisitions & Divestments (2009 - 2026) Analysis & Trends
On a TTM basis, Coca Cola's Net of Acquisitions & Divestments came in at $2.11 billion as of Jul 3, 2026, up 95.4% year-over-year; for FY2025, it was $3.11 billion, down 2.0% from FY2024.
- Across earlier years, Net of Acquisitions & Divestments came in at $3.17 billion in FY2024 (+761.4%), $368 million in FY2023 (-4.4%), $385 million in FY2022 and -$2.59 billion in FY2021.
- The Q2 2026 figure is the lowest quarterly Net of Acquisitions & Divestments since Q4 2021.
- Per Business Quant, the preceding three quarters came in at -$37 million (Q1 2026), $2.44 billion (Q4 2025) and -$130 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 411.73 Bn | 398.05 Bn | 8.45 Bn | -5.00 Mn |
| 2 | Diageo | 221.87 Bn | 201.94 Bn | - | - |
| 3 | Pepsico | 192.76 Bn | 150.52 Bn | 13.75 Bn | - |
| 4 | Coca Cola Femsa Sab De Cv | 192.22 Bn | 192.22 Bn | 2.15 Bn | - |
| 5 | Monster Beverage | 89.55 Bn | 77.80 Bn | 1.42 Bn | - |
| 6 | Coca-Cola Europacific Partners | 53.01 Bn | 45.68 Bn | - | - |
| 7 | Keurig Dr Pepper | 49.85 Bn | 45.89 Bn | 3.07 Bn | - |
| 8 | Ambev | 43.57 Bn | 28.38 Bn | 2.14 Bn | - |
| 9 | Constellation Brands | 24.18 Bn | 23.73 Bn | 1.39 Bn | - |
| 10 | Brown Forman | 14.04 Bn | 12.73 Bn | 549.00 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Oct 2, 2026 | -5.00 Mn |
| Jul 3, 2026 | -161.00 Mn |
| Apr 3, 2026 | -37.00 Mn |
| Dec 31, 2025 | 2.44 Bn |
| Sep 26, 2025 | -130.00 Mn |
| Jun 27, 2025 | 88.00 Mn |
| Mar 28, 2025 | 706.00 Mn |
| Dec 31, 2024 | -145.00 Mn |
| Sep 27, 2024 | 433.00 Mn |
| Jun 28, 2024 | -3.00 Mn |
| Mar 29, 2024 | 2.89 Bn |
| Dec 31, 2023 | 86.00 Mn |
| Sep 29, 2023 | 5.00 Mn |
| Jun 30, 2023 | -22.00 Mn |
| Mar 31, 2023 | 299.00 Mn |
| Dec 31, 2022 | 196.00 Mn |
| Sep 30, 2022 | -23.00 Mn |
| Jul 1, 2022 | -1.00 Mn |
| Apr 1, 2022 | 213.00 Mn |
| Dec 31, 2021 | -4.53 Bn |
API Access
Coca Cola Net of Acquisitions & Divestments 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-of-acquisitions-and-divestments&ticker=KO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-of-acquisitions-and-divestments", "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-of-acquisitions-and-divestments&ticker=KO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();