Coca Cola (KO) Return on Capital Employed (2009 - 2026)
Coca Cola (KO) posted quarterly Return on Capital Employed of 18.37% for Q3 2026, up 214.0% year-over-year from 5.85% in Q3 2025, and up 4.32% quarter-over-quarter from 17.61% in Q2 2026.
Coca Cola (KO) Return on Capital Employed (2009 - 2026) Analysis & Trends
Coca Cola's Return on Capital Employed history runs 18 years deep, the most recent figure standing at 18.37% for Q3 2026.
- In Q3 2026, Return on Capital Employed rose 214.0% year-over-year to 18.37%; the TTM figure through Jul 2026 stood at 18.37% (up 214.0% YoY), while the FY2025 annual figure was 16.91%, up 338.0% from the prior year.
- Return on Capital Employed for Q3 2026 stood at 18.37%, up from 17.61% in the prior quarter.
- The five-year high for Return on Capital Employed was 18.37% in Q3 2026, with the low at 12.71% in Q3 2024.
- The 5-year median for Return on Capital Employed is 14.93% (2022), against an average of 15.23%.
- The sharpest annual moves came in 2024 and 2025: Return on Capital Employed sank 249 bps in 2024, then soared 498 bps in 2025.
- Coca Cola's Return on Capital Employed stood at 14.97% in 2022, then gained by 2 bps to 15.27% in 2023, then declined by 16 bps to 12.78% in 2024, then rose by 28 bps to 16.35% in 2025, then advanced by 12 bps to 18.37% in 2026.
- Business Quant data shows KO's Return on Capital Employed at 18.37% in Q3 2026, 17.61% in Q2 2026, and 16.35% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola Femsa Sab De Cv | 1,820.28 Bn | 1,820.28 Bn | 2.06 Bn | - |
| 2 | Coca Cola | 373.67 Bn | 359.51 Bn | 8.42 Bn | 18.37% |
| 3 | Pepsico | 188.19 Bn | 177.48 Bn | 13.11 Bn | 18.82% |
| 4 | Coca-Cola Europacific Partners | 48.33 Bn | 47.16 Bn | - | - |
| 5 | Monster Beverage | 44.91 Bn | 41.49 Bn | 1.42 Bn | 28.61% |
| 6 | Keurig Dr Pepper | 39.64 Bn | 38.74 Bn | 2.10 Bn | 6.50% |
| 7 | Andina Bottling | 21.78 Bn | 21.78 Bn | 319.18 Bn | 115,361.52% |
| 8 | Coca-Cola Consolidated | 10.31 Bn | 10.14 Bn | 778.41 Mn | 31.65% |
| 9 | Primo Brands | 8.54 Bn | 8.17 Bn | 548.70 Mn | 5.21% |
| 10 | Celsius Holdings | 6.94 Bn | 6.31 Bn | 393.69 Mn | 3.89% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 3, 2026 | 18.37% |
| Apr 3, 2026 | 17.61% |
| Dec 31, 2025 | 16.35% |
| Sep 26, 2025 | 17.69% |
| Jun 27, 2025 | 16.23% |
| Mar 28, 2025 | 14.89% |
| Dec 31, 2024 | 12.78% |
| Sep 27, 2024 | 12.71% |
| Jun 28, 2024 | 14.52% |
| Mar 29, 2024 | 14.37% |
| Dec 31, 2023 | 15.27% |
| Sep 29, 2023 | 15.10% |
| Jun 30, 2023 | 14.81% |
| Mar 31, 2023 | 15.16% |
| Dec 31, 2022 | 14.97% |
| Sep 30, 2022 | 14.72% |
| Jul 1, 2022 | 14.11% |
| Apr 1, 2022 | 14.57% |
| Dec 31, 2021 | 14.21% |
| Oct 1, 2021 | 14.75% |