Coca Cola (KO) Shares Outstanding (Diluted) (2009 - 2026)
Coca Cola (KO) posted Shares Outstanding (Diluted) of 4.31 billion for Q2 2026, unchanged from 4.32 billion a year earlier and unchanged from the prior quarter.
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Analysis
Coca Cola (KO) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
Since Q1 2009, Coca Cola has reported Shares Outstanding (Diluted) for 70 quarters.
- Annual Shares Outstanding (Diluted) has declined for three consecutive years, with a five-year compound annual growth rate of 0.0% (FY2020 to FY2025).
- In prior years, Coca Cola's Shares Outstanding (Diluted) was 4.32 billion in FY2024 (-0.4%), 4.34 billion in FY2023 (-0.3%), 4.35 billion in FY2022 (+0.2%) and 4.34 billion in FY2021 (+0.4%).
- Quarterly Shares Outstanding (Diluted) has run from a low of 4.31 billion in Q1 2025 to a high of 4.36 billion in Q1 2022 over five years.
- The strongest year-over-year quarter for Shares Outstanding (Diluted) in the past five years was Q1 2022, with growth of 0.6%; the weakest was Q1 2024, with a decline of 0.5%.
- According to Business Quant data, Shares Outstanding (Diluted) for the three prior quarters was 4.31 billion (Q1 2026), 4.31 billion (Q4 2025) and 4.31 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 395.83 Bn | 382.30 Bn | 8.42 Bn | 4.31 Bn |
| 2 | Coca Cola Femsa Sab De Cv | 193.51 Bn | 193.51 Bn | 2.06 Bn | 142.00 Bn |
| 3 | Pepsico | 175.42 Bn | 133.18 Bn | 13.75 Bn | 1.37 Bn |
| 4 | Monster Beverage | 88.66 Bn | 76.91 Bn | 1.42 Bn | 1.98 Bn |
| 5 | Diageo | 52.30 Bn | 32.37 Bn | - | 557.75 Mn |
| 6 | Ambev | 50.76 Bn | 36.05 Bn | 2.06 Bn | 15.68 Bn |
| 7 | Coca-Cola Europacific Partners | 50.09 Bn | 42.76 Bn | - | 456.00 Mn |
| 8 | Keurig Dr Pepper | 46.34 Bn | 42.38 Bn | 3.07 Bn | 1.36 Bn |
| 9 | Constellation Brands | 22.12 Bn | 21.67 Bn | 1.39 Bn | 170.60 Mn |
| 10 | Coca-Cola Consolidated | 13.61 Bn | 11.24 Bn | 778.41 Mn | 76.78 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 4.31 Bn |
| Apr 3, 2026 | 4.31 Bn |
| Dec 31, 2025 | 4.31 Bn |
| Sep 26, 2025 | 4.31 Bn |
| Jun 27, 2025 | 4.32 Bn |
| Mar 28, 2025 | 4.31 Bn |
| Dec 31, 2024 | 4.32 Bn |
| Sep 27, 2024 | 4.32 Bn |
| Jun 28, 2024 | 4.32 Bn |
| Mar 29, 2024 | 4.32 Bn |
| Dec 31, 2023 | 4.34 Bn |
| Sep 29, 2023 | 4.34 Bn |
| Jun 30, 2023 | 4.34 Bn |
| Mar 31, 2023 | 4.35 Bn |
| Dec 31, 2022 | 4.35 Bn |
| Sep 30, 2022 | 4.35 Bn |
| Jul 1, 2022 | 4.35 Bn |
| Apr 1, 2022 | 4.36 Bn |
| Dec 31, 2021 | 4.34 Bn |
| Oct 1, 2021 | 4.34 Bn |
API Access
Coca Cola Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=KO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=KO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();