Coca Cola (KO) Return on Equity [ROE] (2009 - 2026)
Coca Cola's Return on Equity [ROE] came in at 38.90% for Q2 2026, down 3.22 percentage points from 42.12% a year earlier and down 0.43 percentage points from the prior quarter.
Coca Cola (KO) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For FY2025, Coca Cola's Return on Equity [ROE] was 43.32%, up 3.77 percentage points from FY2024.
- Return on Equity [ROE] carries a five-year change of +6.67 percentage points (FY2020 to FY2025).
- Going back by year, Return on Equity [ROE] was 39.55% in FY2024 (-0.61 pp), 40.16% in FY2023 (+2.39 pp), 37.77% in FY2022 (-4.73 pp) and 42.49% in FY2021 (+5.84 pp).
- The five-year range for quarterly Return on Equity [ROE] is 36.49% (Q3 2021) to 42.12% (Q2 2025).
- Year-over-year, Return on Equity [ROE] has declined for three consecutive quarters, with an average year-over-year change of +0.41 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Equity [ROE] over five years came in Q1 2022 (a gain of 6.86 percentage points), and the weakest in Q3 2021 (a drop of 5.83 percentage points).
- Business Quant data shows KO's Return on Equity [ROE] at 39.33% (Q1 2026), 38.90% (Q4 2025) and 41.08% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 370.32 Bn | 358.96 Bn | 8.42 Bn | 38.90% |
| 2 | Diageo | 208.31 Bn | 200.71 Bn | - | - |
| 3 | Coca Cola Femsa Sab De Cv | 181.53 Bn | 181.53 Bn | 2.06 Bn | - |
| 4 | Pepsico | 172.96 Bn | 133.40 Bn | 13.11 Bn | 48.01% |
| 5 | Anheuser-Busch InBev | 132.06 Bn | 100.80 Bn | 9.58 Bn | - |
| 6 | Monster Beverage | 81.53 Bn | 69.78 Bn | 1.42 Bn | 23.52% |
| 7 | Ambev | 46.02 Bn | 32.04 Bn | 2.06 Bn | 18.14% |
| 8 | Coca-Cola Europacific Partners | 45.68 Bn | 38.92 Bn | - | - |
| 9 | Keurig Dr Pepper | 41.29 Bn | 41.52 Bn | 3.07 Bn | 5.12% |
| 10 | Andina Bottling | 23.19 Bn | -1,307.85 Bn | 698.26 Mn | 9.76% |
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 38.90% |
| Apr 3, 2026 | 39.33% |
| Dec 31, 2025 | 38.90% |
| Sep 26, 2025 | 41.08% |
| Jun 27, 2025 | 42.12% |
| Mar 28, 2025 | 39.90% |
| Dec 31, 2024 | 39.06% |
| Sep 27, 2024 | 37.51% |
| Jun 28, 2024 | 38.50% |
| Mar 29, 2024 | 38.88% |
| Dec 31, 2023 | 38.70% |
| Sep 29, 2023 | 38.90% |
| Jun 30, 2023 | 38.63% |
| Mar 31, 2023 | 37.54% |
| Dec 31, 2022 | 38.08% |
| Sep 30, 2022 | 40.48% |
| Jul 1, 2022 | 37.25% |
| Apr 1, 2022 | 40.01% |
| Dec 31, 2021 | 40.02% |
| Oct 1, 2021 | 36.49% |
Coca Cola Return on Equity [ROE] 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=return-on-equity-%5Broe%5D&ticker=KO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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=return-on-equity-%5Broe%5D&ticker=KO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();