Coca Cola (KO) Return on Capital Employed (2009 - 2026)
Coca Cola (KO) recorded quarterly Return on Capital Employed of 17.61% in Q2 2026, up 7.66% quarter-over-quarter from 16.35% in Q4 2025, and up 272.0% on a YoY basis from 4.73% in Q2 2025.
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 17.61% for Q2 2026.
- In Q2 2026, Return on Capital Employed rose 272.0% year-over-year to 17.61%; the TTM figure through Apr 2026 stood at 17.61% (up 272.0% YoY), while the FY2025 annual figure was 16.91%, up 338.0% from the prior year.
- Return on Capital Employed was 17.61% for Q2 2026 at Coca Cola, up from 16.35% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 17.69% in Q3 2025 to a low of 12.71% in Q3 2024.
- Historically, Return on Capital Employed has averaged 15.05% across 5 years, with a median of 14.89% in 2025.
- The sharpest annual moves came in 2024 and 2025: Return on Capital Employed slumped 249 bps in 2024, then jumped 498 bps in 2025.
- A 5-year view of Return on Capital Employed shows it stood at 14.97% in 2022, then advanced by 2 bps to 15.27% in 2023, then fell by 16 bps to 12.78% in 2024, then gained by 28 bps to 16.35% in 2025, then rose by 8 bps to 17.61% in 2026.
- The last three Return on Capital Employed figures came in at 17.61% (Q2 2026), 16.35% (Q4 2025), and 17.69% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 341.39 Bn | 332.40 Bn | 7.85 Bn | 17.61% |
| 2 | Pepsico | 194.25 Bn | 183.58 Bn | 10.73 Bn | 16.27% |
| 3 | Monster Beverage | 89.38 Bn | 86.39 Bn | 1.29 Bn | 7.92% |
| 4 | Coca Cola Femsa Sab De Cv | 87.89 Bn | 86.38 Bn | 1.89 Bn | - |
| 5 | Keurig Dr Pepper | 41.86 Bn | 27.96 Bn | 2.10 Bn | 6.50% |
| 6 | Coca-Cola Consolidated | 10.27 Bn | 10.04 Bn | 727.08 Mn | 31.87% |
| 7 | Primo Brands | 8.82 Bn | 8.54 Bn | 464.90 Mn | 4.48% |
| 8 | Celsius Holdings | 7.92 Bn | 7.37 Bn | 378.07 Mn | 5.58% |
| 9 | Vita Coco Company | 4.80 Bn | 4.59 Bn | 71.81 Mn | 27.54% |
| 10 | National Beverage | 3.40 Bn | 3.09 Bn | 99.60 Mn | 36.61% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jul 2, 2021 | 13.87% |