The Coca-Cola Company (KO)
NYSE · Consumer Staples · analysed October 12, 2026
The Coca-Cola Company is a global beverage leader engaged primarily in the manufacturing, marketing, and distribution of non-alcoholic beverage concentrates, syrups, and finished drinks. Originally invented in 1886 and incorporated in 1892, the company has expanded its portfolio from its flagship soft drink to include a wide range of products such as waters, sports drinks, teas, coffees, and juices. Currently operating under a total beverage company strategy, Coca-Cola is focused on accelerating product innovation in low- and zero-sugar offerings, driving enterprise-wide digital transformation, and optimizing its global packaging and distribution capabilities to adapt to changing consumer preferences.
Executive summary
The Coca-Cola Company pairs premier global brand equity with an asset-light concentrate licensing model that delivers 27.3% net profit margins and consistent volume growth. While recent operational execution has outpaced beverage peers, shares trade at elevated valuation multiples following a strong twelve-month rally. Future cash flows remain clouded by pending transfer pricing tax litigation before the 11th Circuit Court of Appeals, which threatens up to $14 billion in net cash outlays and a permanent step-up in corporate tax rates.
Key figures
- Market cap
- $369.2B
- P/E, trailing
- 27.0
- P/E, next 12 months
- 25.2
- Revenue growth, last fiscal year
- 1.9%
- Net margin, last fiscal year
- 27.3%
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