K

COCA COLA CO

KO · CIK 0000021344

19 fiscal years · 72 SEC filings · every number carries its receipt

Revenue (FY)
$47.94B1.9%
FY2025
Net income (FY)
$13.11B23.3%
FY2025
Free cash flow (FY)
$5.30B11.7%
FY2025
Diluted EPS (FY)
$3.0423.6%
FY2025
The story, charted

The shape of the business

FY2007–FY2025 · hover any year for its receipt
Revenue & net incomeRevenueNet income
$0$20B$40BFY2007 · Revenue $28.86B · Net income $5.98B · 0001047469-10-001476 · filed 2010-02-26FY07Revenue $28.86BNet income $5.98B0001047469-10-001476 · filed 2010-02-26FY2008 · Revenue $31.94B · Net income $5.81B · 0001047469-11-001506 · filed 2011-02-28FY08Revenue $31.94BNet income $5.81B0001047469-11-001506 · filed 2011-02-28FY2009 · Revenue $30.99B · Net income $6.82B · 0000021344-12-000007 · filed 2012-02-23FY09Revenue $30.99BNet income $6.82B0000021344-12-000007 · filed 2012-02-23FY2010 · Revenue $35.12B · Net income $11.79B · 0000021344-13-000007 · filed 2013-02-27FY10Revenue $35.12BNet income $11.79B0000021344-13-000007 · filed 2013-02-27FY2011 · Revenue $46.54B · Net income $8.58B · 0000021344-14-000008 · filed 2014-02-27FY11Revenue $46.54BNet income $8.58B0000021344-14-000008 · filed 2014-02-27FY2012 · Revenue $48.02B · Net income $9.02B · 0000021344-15-000005 · filed 2015-02-25FY12Revenue $48.02BNet income $9.02B0000021344-15-000005 · filed 2015-02-25FY2013 · Revenue $46.85B · Net income $8.58B · 0000021344-16-000050 · filed 2016-02-25FY13Revenue $46.85BNet income $8.58B0000021344-16-000050 · filed 2016-02-25FY2014 · Revenue $46.00B · Net income $7.10B · 0000021344-17-000009 · filed 2017-02-24FY14Revenue $46.00BNet income $7.10B0000021344-17-000009 · filed 2017-02-24FY2015 · Revenue $44.29B · Net income $7.35B · 0000021344-18-000008 · filed 2018-02-23FY15Revenue $44.29BNet income $7.35B0000021344-18-000008 · filed 2018-02-23FY2016 · Revenue $41.86B · Net income $6.53B · 0000021344-19-000014 · filed 2019-02-21FY16Revenue $41.86BNet income $6.53B0000021344-19-000014 · filed 2019-02-21FY2017 · Revenue $36.21B · Net income $1.25B · 0000021344-20-000006 · filed 2020-02-24FY17Revenue $36.21BNet income $1.25B0000021344-20-000006 · filed 2020-02-24FY2018 · Revenue $34.30B · Net income $6.43B · 0000021344-21-000008 · filed 2021-02-25FY18Revenue $34.30BNet income $6.43B0000021344-21-000008 · filed 2021-02-25FY2019 · Revenue $37.27B · Net income $8.92B · 0000021344-22-000009 · filed 2022-02-22FY19Revenue $37.27BNet income $8.92B0000021344-22-000009 · filed 2022-02-22FY2020 · Revenue $33.01B · Net income $7.75B · 0000021344-23-000011 · filed 2023-02-21FY20Revenue $33.01BNet income $7.75B0000021344-23-000011 · filed 2023-02-21FY2021 · Revenue $38.66B · Net income $9.77B · 0000021344-24-000009 · filed 2024-02-20FY21Revenue $38.66BNet income $9.77B0000021344-24-000009 · filed 2024-02-20FY2022 · Revenue $43.00B · Net income $9.54B · 0000021344-25-000011 · filed 2025-02-20FY22Revenue $43.00BNet income $9.54B0000021344-25-000011 · filed 2025-02-20FY2023 · Revenue $45.75B · Net income $10.71B · 0001628280-26-010047 · filed 2026-02-20FY23Revenue $45.75BNet income $10.71B0001628280-26-010047 · filed 2026-02-20FY2024 · Revenue $47.06B · Net income $10.63B · 0001628280-26-010047 · filed 2026-02-20FY24Revenue $47.06BNet income $10.63B0001628280-26-010047 · filed 2026-02-20FY2025 · Revenue $47.94B · Net income $13.11B · 0001628280-26-010047 · filed 2026-02-20FY25Revenue $47.94BNet income $13.11B0001628280-26-010047 · filed 2026-02-20FY25Revenue $47.94BNet income $13.11B0001628280-26-010047 · filed 2026-02-20FY07FY10FY13FY16FY19FY22FY25

revenue 1.7× since FY2007 · net margin 20.7% → 27.3%

MarginsNet marginFCF margin
0%10%20%30%FY2007 · Net margin 20.7% · FCF margin 19.1%FY07Net margin 20.7%FCF margin 19.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2008 · Net margin 18.2% · FCF margin 17.5%FY08Net margin 18.2%FCF margin 17.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2009 · Net margin 22.0% · FCF margin 20.0%FY09Net margin 22.0%FCF margin 20.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2010 · Net margin 33.6% · FCF margin 20.8%FY10Net margin 33.6%FCF margin 20.8%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2011 · Net margin 18.4% · FCF margin 14.1%FY11Net margin 18.4%FCF margin 14.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2012 · Net margin 18.8% · FCF margin 16.4%FY12Net margin 18.8%FCF margin 16.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2013 · Net margin 18.3% · FCF margin 17.1%FY13Net margin 18.3%FCF margin 17.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2014 · Net margin 15.4% · FCF margin 17.8%FY14Net margin 15.4%FCF margin 17.8%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2015 · Net margin 16.6% · FCF margin 18.0%FY15Net margin 16.6%FCF margin 18.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2016 · Net margin 15.6% · FCF margin 15.6%FY16Net margin 15.6%FCF margin 15.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2017 · Net margin 3.4% · FCF margin 14.6%FY17Net margin 3.4%FCF margin 14.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2018 · Net margin 18.8% · FCF margin 17.7%FY18Net margin 18.8%FCF margin 17.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2019 · Net margin 23.9% · FCF margin 22.6%FY19Net margin 23.9%FCF margin 22.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2020 · Net margin 23.5% · FCF margin 26.3%FY20Net margin 23.5%FCF margin 26.3%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2021 · Net margin 25.3% · FCF margin 29.1%FY21Net margin 25.3%FCF margin 29.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2022 · Net margin 22.2% · FCF margin 22.2%FY22Net margin 22.2%FCF margin 22.2%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2023 · Net margin 23.4% · FCF margin 21.3%FY23Net margin 23.4%FCF margin 21.3%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2024 · Net margin 22.6% · FCF margin 10.1%FY24Net margin 22.6%FCF margin 10.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2025 · Net margin 27.3% · FCF margin 11.0%FY25Net margin 27.3%FCF margin 11.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY25Net margin 27.3%FCF margin 11.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenue’09’13’17’21’25

FY2025: net 27.3% · free cash flow 11.0% of revenue

Cash engineOperating cash flowFree cash flow
$0$5B$10BFY2007 · OCF $7.15B · FCF $5.50B · 0001047469-10-001476 · filed 2010-02-26FY07OCF $7.15BFCF $5.50B0001047469-10-001476 · filed 2010-02-26FY2008 · OCF $7.57B · FCF $5.60B · 0001047469-11-001506 · filed 2011-02-28FY08OCF $7.57BFCF $5.60B0001047469-11-001506 · filed 2011-02-28FY2009 · OCF $8.19B · FCF $6.19B · 0000021344-12-000007 · filed 2012-02-23FY09OCF $8.19BFCF $6.19B0000021344-12-000007 · filed 2012-02-23FY2010 · OCF $9.53B · FCF $7.32B · 0000021344-13-000007 · filed 2013-02-27FY10OCF $9.53BFCF $7.32B0000021344-13-000007 · filed 2013-02-27FY2011 · OCF $9.47B · FCF $6.55B · 0000021344-14-000008 · filed 2014-02-27FY11OCF $9.47BFCF $6.55B0000021344-14-000008 · filed 2014-02-27FY2012 · OCF $10.64B · FCF $7.87B · 0000021344-15-000005 · filed 2015-02-25FY12OCF $10.64BFCF $7.87B0000021344-15-000005 · filed 2015-02-25FY2013 · OCF $10.54B · FCF $7.99B · 0000021344-16-000050 · filed 2016-02-25FY13OCF $10.54BFCF $7.99B0000021344-16-000050 · filed 2016-02-25FY2014 · OCF $10.62B · FCF $8.21B · 0000021344-17-000009 · filed 2017-02-24FY14OCF $10.62BFCF $8.21B0000021344-17-000009 · filed 2017-02-24FY2015 · OCF $10.53B · FCF $7.97B · 0000021344-18-000008 · filed 2018-02-23FY15OCF $10.53BFCF $7.97B0000021344-18-000008 · filed 2018-02-23FY2016 · OCF $8.79B · FCF $6.53B · 0000021344-19-000014 · filed 2019-02-21FY16OCF $8.79BFCF $6.53B0000021344-19-000014 · filed 2019-02-21FY2017 · OCF $7.04B · FCF $5.29B · 0000021344-20-000006 · filed 2020-02-24FY17OCF $7.04BFCF $5.29B0000021344-20-000006 · filed 2020-02-24FY2018 · OCF $7.63B · FCF $6.08B · 0000021344-21-000008 · filed 2021-02-25FY18OCF $7.63BFCF $6.08B0000021344-21-000008 · filed 2021-02-25FY2019 · OCF $10.47B · FCF $8.42B · 0000021344-22-000009 · filed 2022-02-22FY19OCF $10.47BFCF $8.42B0000021344-22-000009 · filed 2022-02-22FY2020 · OCF $9.84B · FCF $8.67B · 0000021344-23-000011 · filed 2023-02-21FY20OCF $9.84BFCF $8.67B0000021344-23-000011 · filed 2023-02-21FY2021 · OCF $12.63B · FCF $11.26B · 0000021344-24-000009 · filed 2024-02-20FY21OCF $12.63BFCF $11.26B0000021344-24-000009 · filed 2024-02-20FY2022 · OCF $11.02B · FCF $9.53B · 0000021344-25-000011 · filed 2025-02-20FY22OCF $11.02BFCF $9.53B0000021344-25-000011 · filed 2025-02-20FY2023 · OCF $11.60B · FCF $9.75B · 0001628280-26-010047 · filed 2026-02-20FY23OCF $11.60BFCF $9.75B0001628280-26-010047 · filed 2026-02-20FY2024 · OCF $6.80B · FCF $4.74B · 0001628280-26-010047 · filed 2026-02-20FY24OCF $6.80BFCF $4.74B0001628280-26-010047 · filed 2026-02-20FY2025 · OCF $7.41B · FCF $5.30B · 0001628280-26-010047 · filed 2026-02-20FY25OCF $7.41BFCF $5.30B0001628280-26-010047 · filed 2026-02-20FY25OCF $7.41BFCF $5.30B0001628280-26-010047 · filed 2026-02-20’09’13’17’21’25

FY2025: $7.41B operating cash − $2.11B capex = $5.30B free cash flow

Returns on capitalReturn on equityReturn on assets
0%20%40%FY2008 · ROE 28.4% · ROA 14.3%FY08ROE 28.4%ROA 14.3%derived: net income ÷ equity · derived: net income ÷ assetsFY2009 · ROE 27.5% · ROA 14.0%FY09ROE 27.5%ROA 14.0%derived: net income ÷ equity · derived: net income ÷ assetsFY2010 · ROE 38.0% · ROA 16.2%FY10ROE 38.0%ROA 16.2%derived: net income ÷ equity · derived: net income ÷ assetsFY2011 · ROE 27.1% · ROA 10.7%FY11ROE 27.1%ROA 10.7%derived: net income ÷ equity · derived: net income ÷ assetsFY2012 · ROE 27.5% · ROA 10.5%FY12ROE 27.5%ROA 10.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2013 · ROE 25.9% · ROA 9.5%FY13ROE 25.9%ROA 9.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2014 · ROE 23.4% · ROA 7.7%FY14ROE 23.4%ROA 7.7%derived: net income ÷ equity · derived: net income ÷ assetsFY2015 · ROE 28.8% · ROA 8.2%FY15ROE 28.8%ROA 8.2%derived: net income ÷ equity · derived: net income ÷ assetsFY2016 · ROE 28.3% · ROA 7.5%FY16ROE 28.3%ROA 7.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2017 · ROE 7.3% · ROA 1.4%FY17ROE 7.3%ROA 1.4%derived: net income ÷ equity · derived: net income ÷ assetsFY2018 · ROE 37.9% · ROA 7.7%FY18ROE 37.9%ROA 7.7%derived: net income ÷ equity · derived: net income ÷ assetsFY2019 · ROE 47.0% · ROA 10.3%FY19ROE 47.0%ROA 10.3%derived: net income ÷ equity · derived: net income ÷ assetsFY2020 · ROE 40.1% · ROA 8.9%FY20ROE 40.1%ROA 8.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2021 · ROE 42.5% · ROA 10.4%FY21ROE 42.5%ROA 10.4%derived: net income ÷ equity · derived: net income ÷ assetsFY2022 · ROE 39.6% · ROA 10.3%FY22ROE 39.6%ROA 10.3%derived: net income ÷ equity · derived: net income ÷ assetsFY2023 · ROE 41.3% · ROA 11.0%FY23ROE 41.3%ROA 11.0%derived: net income ÷ equity · derived: net income ÷ assetsFY2024 · ROE 42.8% · ROA 10.6%FY24ROE 42.8%ROA 10.6%derived: net income ÷ equity · derived: net income ÷ assetsFY2025 · ROE 40.7% · ROA 12.5%FY25ROE 40.7%ROA 12.5%derived: net income ÷ equity · derived: net income ÷ assetsFY25ROE 40.7%ROA 12.5%derived: net income ÷ equity · derived: net income ÷ assets’09’13’17’21’25

return on equity 28% (FY2008) → 41% (FY2025) · on assets 12.5%

The receipts

Financial statements

USD in millions except per-share and share counts. Every value links to the filing it came from — hover for the us-gaap tag, click for the 10-K/10-Q on sec.gov.

Figures as reported in SEC filings, normalized by stonks with the tag mapping shown on hover; missing tags render as “—”, never as zero. Free cash flow is derived (operating cash flow − capex) with both parents recorded in its lineage. See methodology.