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Stocks/Consumer Staples/Soft Drinks & Non-alcoholic Beverages

Coca-ColaKO

Soft Drinks & Non-alcoholic Beverages · Atlanta, Georgia · In the S&P 500
High qualityPricier than peers
$94.08+1.36%After hours: $94.28 (+0.21%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 37.6% over 1 year
Coca-Cola over 1 yearDaily close, $, to 30 Oct 2026
$70$80$90Nov2026MarMayJulSep$94.08$80NovMarJul$94.08
Source: Nasdaq daily closes
Market value$405B
Price to earnings27.7x
Forward P/E27.7x
Dividend yield2.25%
Year to date+34.6%
One year+37.6%
Next earningsNot scheduled
SectorConsumer Staples
52-week range (closes)
$67.54$95.34

Quality and valuation

How Coca-Cola compares with other consumer staples stocks. A description, not a recommendation.

Coca-Cola and 4 soft drinks & non-alcoholic beverages peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: stronger than mostValuation: pricier than most

A stronger business than most consumer staples companies, priced above most of them.

Coca-Cola trades at 27.7 times the next 12 months of expected earnings, against a median of 16.6x for the 35 consumer staples stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew faster than the sector median: +7.1% vs +4.9%
  • Keeps more of each sale (gross margin): 62.3% vs 40.5%
  • More profitable (operating margin): 30.0% vs 13.6%
  • Turns more of its sales into cash: 28.0% vs 10.3%
KO trades at 27.7x forward earnings, above the sector medianForward p/e, Soft Drinks & Non-alcoholic Beverages peers
KDP14.7xPEP16.4xCELH19.1xKO27.7xMNST38.5xSector median 16.6xKDP14.7xPEP16.4xCELH19.1xKO27.7xMNST38.5xSector median 16.6x
Source: CNBC quotes; Mostly Markets
At 27.7x earnings, KO is pricier than its average since Oct 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
24x26xAverage 26.0x2025202627.7x25xAverage 26.0x2025202627.7x
Source: Nasdaq prices; SEC filings

Financials

From Coca-Cola's SEC filings, through the quarter ending 2 Oct 2026. Hover or tap a bar for its value.

Revenue grew 7.4% from a year earlierQuarterly revenue, $bn, latest Q3 ’26
$0bn$5bn$10bnQ4 ’24Q2 ’25Q4 ’25$13.4bnQ3 ’26$0bn$5bn$10bnQ4 ’24Q2 ’25Q4 ’25$13.4bnQ3 ’26
Source: SEC filings
Growth sped up to +7.4% last quarterRevenue growth, year on year, %
0%5%10%Q4 ’24Q2 ’25Q4 ’257.4%Q3 ’260%5%10%Q4 ’24Q2 ’25Q4 ’257.4%Q3 ’26
Source: SEC filings
Operating margin was 33.4% last quarterOperating income as a share of revenue, %
0%10%20%30%Q4 ’24Q2 ’25Q4 ’2533.4%Q3 ’260%20%Q4 ’24Q2 ’25Q4 ’2533.4%Q3 ’26
Source: SEC filings
Free cash flow was $14.3 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $bn
$-5bn$0bn$5bnQ4 ’24Q2 ’25Q4 ’25$4.5bnQ3 ’26$-5bn$0bn$5bnQ4 ’24Q2 ’25Q4 ’25$4.5bnQ3 ’26
Source: SEC filings
Last 12 monthsKOSector median
Revenue growth+7.1%+4.9%
Gross margin62.3%40.5%
Operating margin30.0%13.6%
Free cash flow margin28.0%10.3%
Price to earnings27.7x24.5x

Stories on Coca-Cola

Tuesday, 27 October
Earnings

Coca-Cola (KO) Tops Q3 Estimates as Volume Grows Outside North America

Coca-Cola earned 91 cents a share on a comparable basis, beating the 88 cents expected, on revenue up 7% to $13.4 billion, and raised its 2026 profit forecast for a third straight quarter.

KO▼ 1.6%
Bottles on a bottling line

Similar companies

Soft Drinks & Non-alcoholic Beverages, by market value.

CompanyPriceTodayYTDValue
PEPPepsiCo$137.34+2.65%−4.3%$187B
MNSTMonster Beverage$47.34+2.14%+23.5%$92.60B
KDPKeurig Dr Pepper$35.84+1.53%+28.0%$48.77B
CELHCelsius Holdings$29.12+3.41%−36.3%$7.37B