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Coca Cola Co (KO) Fundamental Analysis & AI Grade 2026

KO NYSE Beverages DE CIK: 0000021344
Update Pending • Analysis: May 6, 2026 • SEC Data: 2026-04-03
Combined AI Grade
A
76% Confidence
STRONG AGREEMENT
A
72% Conf
A
79% Conf

📊 KO Key Takeaways

Revenue: $12.5B
Net Margin: 31.5%
Free Cash Flow: $1.8B
Current Ratio: 1.36x
Debt/Equity: 1.16x
EPS: $0.91
AI Grade: A with 72% confidence
Coca Cola Co (KO) receives a A fundamental grade with 76% confidence from our AI analysis based on SEC 10-K filings. With revenue of $12.5B, net profit margin of 31.5%, and return on equity (ROE) of 11.7%, Coca Cola Co demonstrates strong fundamentals in the Consumer sector. Below is our complete KO stock analysis for 2026.

Is Coca Cola Co (KO) a Good Investment?

Claude

Coca Cola demonstrates exceptional profitability with 35% operating margins and 31.5% net margins, generating robust free cash flow of $1.8B annually and maintaining manageable debt with 11.6x interest coverage. However, anemic revenue growth of 1.9% and a 0.2% decline in net income despite revenue growth signal mature market headwinds that limit capital appreciation potential. The company remains fundamentally sound for income-focused investors but faces growth challenges.

ChatGPT

Coca-Cola shows elite profitability, with very strong gross, operating, and net margins supported by a durable global beverage franchise. Financial health is solid with good liquidity and manageable interest coverage, though leverage remains meaningful and recent top-line and net income growth are modest. Overall, the fundamentals support a favorable view, but the growth profile looks steady rather than high-powered.

Coca Cola Co Key Strengths (KO)

Claude
  • + Exceptional profitability: 35% operating margin and 31.5% net margin demonstrate strong pricing power and operational efficiency
  • + Robust free cash flow generation of $1.8B annually with 14.1% FCF margin supporting dividends and buybacks
  • + Outstanding gross margins of 63% reflecting brand strength, market dominance, and pricing power in beverages sector
  • + Strong interest coverage of 11.6x and manageable leverage (D/E 1.16x) despite $39.1B absolute debt level
  • + EPS growth of 23.6% YoY driven by operational discipline and share buybacks despite flat net income
ChatGPT
  • + Exceptional profitability with 61.6% gross margin, 28.7% operating margin, and 27.3% net margin
  • + Strong capital efficiency, highlighted by 40.7% ROE and 12.5% ROA
  • + Healthy balance between liquidity and debt service, with 1.46x current ratio and 8.3x interest coverage

KO Stock Risks: Coca Cola Co Investment Risks

Claude
  • ! Anemic revenue growth of 1.9% YoY reflects market maturity, saturation, and limited organic growth catalysts
  • ! Net income declined 0.2% YoY despite revenue growth, indicating operational pressures, cost inflation, or margin compression
  • ! Moderate liquidity position with current ratio of 1.36x constrains financial flexibility for opportunistic investments
  • ! Moderate leverage (D/E 1.16x) with $39.1B debt limits capacity for acquisitions or major capital redeployment
  • ! Limited capital appreciation potential given mature market positioning and weak top-line growth trajectory
ChatGPT
  • ! Revenue growth of 1.9% and net income decline of 0.2% suggest limited underlying growth momentum
  • ! Debt remains elevated at 1.31x debt-to-equity with $42.12B in long-term debt
  • ! Operating cash flow and free cash flow are solid but not especially strong relative to net income, so cash conversion should be monitored

Key Metrics to Watch

Claude
  • * Revenue growth acceleration - critical indicator of success in new markets or emerging products
  • * Net income trend reversal - need to stabilize and expand margins to support EPS growth beyond buybacks
  • * Free cash flow sustainability and growth - foundation for dividend sustainability and shareholder returns
  • * Debt reduction progress - pathway to improving leverage and financial flexibility
  • * Operating margin maintenance - critical to preserving profitability cushion amid cost pressures
ChatGPT
  • * Organic revenue growth and operating income growth
  • * Free cash flow generation and debt reduction trend

Coca Cola Co (KO) Financial Metrics & Key Ratios

Revenue
$12.5B
Net Income
$3.9B
EPS (Diluted)
$0.91
Free Cash Flow
$1.8B
Total Assets
$104.2B
Cash Position
$10.6B

💡 AI Analyst Insight

Coca Cola Co presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

KO Profit Margin, ROE & Profitability Analysis

Gross Margin 63.0%
Operating Margin 35.0%
Net Margin 31.5%
ROE 11.7%
ROA 3.8%
FCF Margin 14.1%

KO vs Consumer Sector: How Coca Cola Co Compares

How Coca Cola Co compares to Consumer sector averages

Net Margin
KO 31.5%
vs
Sector Avg 8.0%
KO Sector
ROE
KO 11.7%
vs
Sector Avg 18.0%
KO Sector
Current Ratio
KO 1.4x
vs
Sector Avg 1.5x
KO Sector
Debt/Equity
KO 1.2x
vs
Sector Avg 0.8x
KO Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Coca Cola Co Stock Overvalued? KO Valuation Analysis 2026

Based on fundamental analysis, Coca Cola Co has mixed fundamental signals relative to the Consumer sector in 2026.

Return on Equity
11.7%
Sector avg: 18%
Net Profit Margin
31.5%
Sector avg: 8%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.16x
Sector avg: 0.8x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Coca Cola Co Balance Sheet: KO Debt, Cash & Liquidity

Current Ratio
1.36x
Quick Ratio
1.15x
Debt/Equity
1.16x
Debt/Assets
0.0%
Interest Coverage
11.62x
Long-term Debt
$39.1B

KO Revenue & Earnings Growth: 5-Year Financial Trend

KO 5-year financial data: Year 2021: Revenue $38.7B, Net Income $8.9B, EPS $2.07. Year 2022: Revenue $43.0B, Net Income $7.7B, EPS $1.79. Year 2023: Revenue $45.8B, Net Income $9.8B, EPS $2.25. Year 2024: Revenue $47.1B, Net Income $9.5B, EPS $2.19. Year 2025: Revenue $47.9B, Net Income $10.7B, EPS $2.47.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Coca Cola Co's revenue has grown significantly by 24% over the 5-year period, indicating strong business expansion. The most recent EPS of $2.47 reflects profitable operations.

KO Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
14.1%
Free cash flow / Revenue

KO Quarterly Earnings & Performance

Quarterly financial performance data for Coca Cola Co including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $11.1B $3.3B $0.77
Q3 2025 $11.9B $2.8B $0.66
Q2 2025 $12.4B $2.4B $0.56
Q1 2025 $11.1B $3.2B $0.74
Q3 2024 $11.9B $2.8B $0.66
Q2 2024 $12.0B $2.4B $0.56
Q1 2024 $11.0B $3.1B $0.72
Q3 2023 $11.1B $2.8B $0.65

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Coca Cola Co Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$2.0B
Cash generated from operations
Stock Buybacks
$477.0M
Shares repurchased (TTM)
Capital Expenditures
$266.0M
Investment in assets
Dividends Paid
$2.3B
Returned to shareholders

KO SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Coca Cola Co (CIK: 0000021344)

📋 Recent SEC Filings

Date Form Document Action
Jun 9, 2026 4 xslF345X06/form4.xml View →
Jun 8, 2026 4 xslF345X06/form4.xml View →
May 19, 2026 4 xslF345X06/form4.xml View →
May 13, 2026 4 xslF345X06/form4.xml View →
May 11, 2026 4 xslF345X06/form4.xml View →

Frequently Asked Questions about KO

What is the AI rating for KO?

Coca Cola Co (KO) has a Combined AI Grade of A from Claude (A) and ChatGPT (A) with 76% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are KO's key strengths?

Claude: Exceptional profitability: 35% operating margin and 31.5% net margin demonstrate strong pricing power and operational efficiency. Robust free cash flow generation of $1.8B annually with 14.1% FCF margin supporting dividends and buybacks. ChatGPT: Exceptional profitability with 61.6% gross margin, 28.7% operating margin, and 27.3% net margin. Strong capital efficiency, highlighted by 40.7% ROE and 12.5% ROA.

What are the risks of investing in KO?

Claude: Anemic revenue growth of 1.9% YoY reflects market maturity, saturation, and limited organic growth catalysts. Net income declined 0.2% YoY despite revenue growth, indicating operational pressures, cost inflation, or margin compression. ChatGPT: Revenue growth of 1.9% and net income decline of 0.2% suggest limited underlying growth momentum. Debt remains elevated at 1.31x debt-to-equity with $42.12B in long-term debt.

What is KO's revenue and growth?

Coca Cola Co reported revenue of $12.5B.

Does KO pay dividends?

Coca Cola Co pays dividends, with $2,281.0M distributed to shareholders in the trailing twelve months.

Where can I find KO SEC filings?

Official SEC filings for Coca Cola Co (CIK: 0000021344) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is KO's EPS?

Coca Cola Co has a diluted EPS of $0.91.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is KO's fundamental grade?

Based on our AI fundamental analysis in June 2026, Coca Cola Co has a A grade with 76% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is KO stock overvalued or undervalued?

Valuation metrics for KO: ROE of 11.7% (sector avg: 18%), net margin of 31.5% (sector avg: 8%). Compare these metrics with sector averages to assess valuation.

What is KO's AI grade for 2026?

Our dual AI analysis gives Coca Cola Co a combined A grade for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is KO's free cash flow?

Coca Cola Co's operating cash flow is $2.0B, with capital expenditures of $266.0M. FCF margin is 14.1%.

How does KO compare to other Consumer stocks?

Vs Consumer sector averages: Net margin 31.5% (avg: 8%), ROE 11.7% (avg: 18%), current ratio 1.36 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 6, 2026 | Data as of: 2026-04-03 | Powered by Claude AI