Stocks · Consumer Defensive · Beverages - Non-Alcoholic
The Coca-Cola Company KO
$85.65 -0.52% Close, Oct 2, 2026 · NYSE · Market cap $368.51B
Strong trendLow risk
Next earnings report: Oct 27, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Earnings beat analyst estimates in each of the last 10 quarters (average surprise over the last four: +4.8%).
- The stock is in an uptrend: above its 200-day average for 184 trading days, with the 50-day average above the 200-day.
- Diluted EPS over the last four quarters was $3.33, up 18.1% year over year.
PromtFinance scores
Each score is a percentile within the Consumer Defensive sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth77Positive
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 34%
- EPS growth (TTM, YoY)Top 31%
- Revenue growth, 3-year CAGRTop 45%
- Revenue growth accelerationTop 30%
Quality72Positive
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 14%
- Gross marginTop 10%
- Operating marginTop 2%
- Cash conversion (OCF / net income)Bottom 17%
- Accruals (lower is better)Bottom 15%
- Net debt / EBITDA (lower is better)Top 38%
- Interest coverTop 39%
Value25Very weak
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 45%
- Free-cash-flow yieldBottom 29%
- EBITDA / enterprise valueBottom 29%
- Sales / enterprise valueBottom 2%
- P/E vs own 5-year history (lower is better)Top 41%
Momentum92Exceptional
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 15%
- 6-month returnTop 20%
- 1-year return vs S&P 500Top 14%
- Distance from 52-week highTop 5%
- Trend checklist (0–4)Top 24%
Revisions59Neutral
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 39%
- Consecutive EPS beatsTop 9%
- Share of analysts rating BuyTop 32%
- Upside to consensus price targetBottom 22%
Stability98Exceptional
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 7%
- Maximum drawdown, 3 yearsTop 2%
- Beta vs S&P 500 (lower is better)Top 15%
- Net debt / EBITDA (lower is better)Top 38%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 5.1% | 6.5% | ↑ |
| EPS growth (YoY) | 27.2% | 18.1% | ↓ |
| Gross margin | 61.4% | 61.9% | ↑ |
| Operating margin | 28.0% | 29.6% | ↑ |
| FCF margin | -1.5% | 28.5% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 6.5% | 5.1% | ↑ | Top 34% |
| EPS growth (TTM, YoY) | 18.1% | 27.2% | ↓ | Top 31% |
| Gross margin | 61.9% | 61.4% | ↑ | Top 10% |
| Operating margin | 29.6% | 28.0% | ↑ | Top 2% |
| Net margin | 28.6% | 25.9% | ↑ | — |
| Free-cash-flow margin | 28.5% | -1.5% | ↑ | — |
| Return on invested capital | 13.9% | — | Top 14% | |
| Revenue growth, 3-year CAGR | 3.7% | — | Top 45% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.14×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -1.9%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.5%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -17.0 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 1.54×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 9.5×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 3.00%
- Net buyback yield (TTM)
- 0.16%
- Shareholder yield
- 3.16%
- Share count change, 1 year
- -0.0%
- Share count change, 3-year CAGR
- -0.2%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jul 3, 2026 (filed Jul 29, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 10
- Beats in the last 8 reports
- 8 of 8
- Average EPS surprise, last 4
- +4.8%
- Average 2-day reaction, last 8
- +1.8%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $95.75
- Target vs current price
- +11.8%
- Analysts with a rating
- 48
- Share rating Buy or Strong Buy
- 60%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 28, 2026 | +5.4% | +5.0% | +3.3% | +9.4% | — |
| Apr 28, 2026 | +5.9% | +3.9% | +3.6% | +6.7% | +7.6% |
| Feb 10, 2026 | +2.7% | -1.5% | +2.0% | -0.1% | +1.5% |
| Oct 21, 2025 | +5.3% | +4.1% | +2.4% | +3.3% | +3.0% |
| Jul 22, 2025 | +4.3% | -0.6% | -2.8% | -1.3% | -3.7% |
| Apr 29, 2025 | +2.2% | +0.8% | -0.1% | -0.0% | -3.7% |
| Feb 11, 2025 | +6.2% | +4.7% | +7.0% | +10.1% | +12.2% |
| Oct 23, 2024 | +4.1% | -2.1% | -5.6% | -9.9% | -10.1% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 28, 2026 | $0.97 | $0.92 | +5.4% | $13.37B |
| Apr 28, 2026 | $0.86 | $0.81 | +5.9% | $12.47B |
| Feb 10, 2026 | $0.58 | $0.57 | +2.7% | $11.80B |
| Oct 21, 2025 | $0.82 | $0.78 | +5.3% | $12.46B |
| Jul 22, 2025 | $0.87 | $0.83 | +4.3% | $12.54B |
| Apr 29, 2025 | $0.73 | $0.71 | +2.2% | $11.13B |
| Feb 11, 2025 | $0.55 | $0.52 | +6.2% | $11.54B |
| Oct 23, 2024 | $0.77 | $0.74 | +4.1% | $11.85B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 25.7× | 27.1× | 33th | Top 45% |
| P/E (forward) | 25.9× | — | — | — |
| EV / EBITDA | 20.1× | — | — | Bottom 29% |
| EV / Sales | 7.96× | — | — | Bottom 2% |
| Free-cash-flow yield | 3.88% | — | — | Bottom 29% |
| Earnings yield | 3.89% | — | — | Top 45% |
P/E over the past five years
Range 22.4× – 30.5× since Jul 2, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +28.3%
- Earnings per share growth (TTM)
- +18.1%
- Change in P/E multiple
- +9.2%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 184
- 50-day average slope (20 days)
- +2.4%
- 200-day average slope (20 days)
- +2.1%
- Distance from 50-day average
- -2.6%
- Distance from 200-day average
- +7.0%
- RSI (14)
- 37.5
- Relative volume
- 1.31×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 20.1%
- Volatility vs own 5-year history
- 83th percentile · High for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.13
- Correlation with S&P 500
- 0.11
- Current drawdown from 1-year high
- -6.9%
- Maximum drawdown, 3 years
- -16.7%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Apr 21, 2022 | Oct 5, 2023 | -20.9% | 366 days | 202 days (Jul 26, 2024) |
| Sep 3, 2024 | Jan 6, 2025 | -16.7% | 86 days | 60 days (Apr 3, 2025) |
| Dec 31, 2020 | Jan 29, 2021 | -12.2% | 19 days | 69 days (May 10, 2021) |
| Apr 22, 2025 | Sep 26, 2025 | -11.1% | 109 days | 86 days (Jan 30, 2026) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $368.51B
- P/E (TTM)
- 25.7
- EPS, diluted (TTM)
- $3.33
- Revenue (TTM)
- $50.13B
- Dividend yield
- 2.45%
- 52-week range
- $65.84 – $92.49
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $38.66B | $43.00B | $45.75B | $47.06B | $47.94B |
| Gross profit | $23.30B | $25.00B | $27.23B | $28.74B | $29.54B |
| Operating income | $10.31B | $10.91B | $11.31B | $9.99B | $13.76B |
| Net income | $9.77B | $9.54B | $10.71B | $10.63B | $13.11B |
| EPS (diluted) | $2.25 | $2.19 | $2.47 | $2.46 | $3.04 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $11.85B | $11.54B | $11.13B | $12.54B | $12.46B | $11.82B | $12.47B | $13.38B |
| Net income | $2.85B | $2.19B | $3.33B | $3.81B | $3.70B | $2.27B | $3.92B | $4.42B |
| EPS (diluted) | $0.66 | $0.51 | $0.77 | $0.88 | $0.86 | $0.53 | $0.91 | $1.03 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $12.63B | $11.02B | $11.60B | $6.80B | $7.41B |
| Capital expenditure | -$1.37B | -$1.48B | -$1.85B | -$2.06B | -$2.11B |
| Free cash flow | $11.26B | $9.53B | $9.75B | $4.74B | $5.30B |
| Dividends paid | -$7.25B | -$7.62B | -$7.95B | -$8.36B | -$8.78B |
| Net share buybacks | $591.0M | -$581.0M | -$1.75B | -$1.05B | -$433.0M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $16.37B
- Total assets
- $107.92B
- Total liabilities
- $69.61B
- Total debt
- $43.54B
- Net debt
- $30.64B
- Shareholders’ equity
- $36.15B
As of Jul 3, 2026 (filed Jul 29, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 15, 2026 | $0.53 | Oct 1, 2026 |
| Jun 15, 2026 | $0.53 | Jul 1, 2026 |
| Mar 13, 2026 | $0.53 | Apr 1, 2026 |
| Dec 1, 2025 | $0.51 | Dec 15, 2025 |
| Sep 15, 2025 | $0.51 | Oct 1, 2025 |
| Jun 13, 2025 | $0.51 | Jul 1, 2025 |
| Mar 14, 2025 | $0.51 | Apr 1, 2025 |
| Nov 29, 2024 | $0.49 | Dec 16, 2024 |
Short interest
- Shares sold short
- 40,584,069
- Days to cover
- 2.79
- Change vs previous report
- +3.3%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Aug 13, 2012
- 2-for-1
- May 13, 1996
- 2-for-1
- May 12, 1992
- 2-for-1
- May 14, 1990
- 2-for-1
- Jul 1, 1986
- 3-for-1