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

Coca Cola's Operating Margin history runs 18 years deep, the most recent figure standing at 34.92% for Q3 2026.

• In Q3 2026, Operating Margin rose 77.0% year-over-year to 34.92%; the TTM figure through Jul 2026 stood at 29.63% (up 167.0% YoY), while the FY2025 annual figure was 28.71%, up 747.0% from the prior year.
• Operating Margin for Q3 2026 stood at 34.92%, roughly flat from 34.95% in the prior quarter.
• The five-year high for Operating Margin was 34.95% in Q2 2026, with the low at 15.57% in Q4 2025.
• The 5-year median for Operating Margin is 25.41% (2023), against an average of 26.1%.
• The sharpest annual moves came in 2024 and 2025: Operating Margin tumbled 1172 bps in 2024, then jumped 1393 bps in 2025.
• Coca Cola's Operating Margin stood at 20.49% in 2022, then gained by 2 bps to 20.95% in 2023, then rose by 12 bps to 23.47% in 2024, then sank by 34 bps to 15.57% in 2025, then soared by 124 bps to 34.92% in 2026.
• Business Quant data shows KO's Operating Margin at 34.92% in Q3 2026, 34.95% in Q2 2026, and 15.57% in Q4 2025.