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
DateValue
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%