SuperworthCoca-Cola profit margin KO
Gross, operating and net profit as a share of revenue over the last twelve months, from 1995.
- Net margin, 12 months
- 28.6%
- Operating margin, 12 months
- 29.6%
- Net margin on a year earlier
- +2.7 pts
- Peer median
- 11.1%
Over the twelve months to Jul 3, 2026, Coca-Cola kept 28.6% of its revenue as net profit, with an operating margin of 29.6% and a gross margin of 61.9%.
Five years earlier its net margin was 22.2%.
The median for 3 non-alcoholic beverage stocks of a similar size is 11.1%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 27.3% | 28.7% | 61.6% |
| FY2024 | 22.6% | 21.2% | 61.1% |
| FY2023 | 23.4% | 24.7% | 59.5% |
| FY2022 | 22.2% | 25.4% | 58.1% |
| FY2021 | 25.3% | 26.7% | 60.3% |
| FY2020 | 23.5% | 27.3% | 59.3% |
| FY2019 | 23.9% | 27.1% | 60.8% |
| FY2018 | 19.6% | 26.8% | 62.4% |
| FY2017 | 3.5% | 21.5% | 62.6% |
| FY2016 | 15.6% | 20.6% | 60.7% |
| FY2015 | 16.6% | 19.7% | 60.5% |
| FY2014 | 15.4% | 21.1% | 61.1% |
| FY2013 | 18.3% | 21.8% | 60.7% |
| FY2012 | 18.8% | 22.4% | 60.3% |
| FY2011 | 18.4% | 21.9% | 60.9% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 28.6% | +2.7 pts | 29.6% | |
| Q1 FY26 | 27.8% | +4.8 pts | 29.3% | |
| Q4 FY25 | 27.3% | +4.8 pts | 28.7% | |
| Q3 FY25 | 27.3% | +4.9 pts | 30.7% | |
| Q2 FY25 | 25.9% | +3.0 pts | 28.0% | |
| Q1 FY25 | 23.0% | −0.4 pts | 24.5% | |
| Q4 FY24 | 22.6% | −0.8 pts | 21.2% | |
| Q3 FY24 | 22.4% | −1.5 pts | 20.6% | |
| Q2 FY24 | 22.9% | −0.9 pts | 22.2% | |
| Q1 FY24 | 23.4% | +0.7 pts | 21.9% | |
| Q4 FY23 | 23.4% | +1.2 pts | 24.7% | |
| Q3 FY23 | 23.9% | +0.5 pts | 24.7% |
Against its peers
Companies in Beverages - Non-Alcoholic nearest Coca-Cola's size, closest first, today.
| Company | Profit margin |
|---|---|
| KOCoca-Cola | 28.6% |
| PEPPepsiCo | 11.1% |
| MNSTMonster Beverage | 23.1% |
| KDPKeurig Dr Pepper | 7.1% |
| Peer median | 11.1% |
Where Coca-Cola ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Coca-Cola
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.