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Companies / Consumer Staples / Coca-Cola Company
KO

Coca-Cola Company

Consumer StaplesBeveragesS&P 500
Ticker KOATLANTA, GAFiscal year ends DecemberBook value per share $8.38Diluted shares 4.3B

The Coca-Cola Company (NYSE: KO) is a total beverage company that manufactures, distributes, and markets nonalcoholic beverages to consumers in more than 200 countries and territories worldwide. Founded in 1886 and incorporated in Delaware in 1919, the company operates through five reportable segments: EMEA, Latin… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-07-03
Sales & profitability
$47.94BFY2025
+1.9% year over year
Last 12 mo $50.13B
28.71%FY2025
+7.5 percentage points
Last 12 mo 29.63%
$13.14BFY2025
+23.4% year over year
Last 12 mo $14.40B
40.74%FY2025
−2 percentage points
Last 12 mo 39.60%
Cash & financing
$7.41BFY2025
+8.9% year over year
Last 12 mo $16.34B
$5.30BFY2025
+11.7% year over year
Last 12 mo $14.30B
1.41FY2025
Was 1.79× a year earlier
Last 12 mo 1.20
4.3BFY2025
−0.2% year over year
Last 12 mo 4.3B

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Coca-Cola Company does

In the company’s own words

The Coca-Cola Company (NYSE: KO) is a total beverage company that manufactures, distributes, and markets nonalcoholic beverages to consumers in more than 200 countries and territories worldwide. Founded in 1886 and incorporated in Delaware in 1919, the company operates through five reportable segments: EMEA, Latin America, North America, Asia Pacific, and Bottling Investments, along with Corporate operations providing strategic initiatives and platform services.

The company's portfolio encompasses numerous globally recognized brands across multiple beverage categories. Its sparkling soft drink portfolio includes Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Fanta, Sprite, and Thums Up. Water, sports, coffee, and tea brands include BODYARMOR, Costa, Dasani, Powerade, and glacéau smartwater. Juice and plant-based offerings feature Minute Maid, Simply, fairlife, and innocent. The company has also entered the alcohol beverage category in numerous markets outside the United States through a firewalled subsidiary.

The Coca-Cola system sold 33.8 billion unit cases in 2025, with sparkling soft drinks representing 69 percent of worldwide volume. Trademark Coca-Cola accounted for 47 percent of global unit case volume. The company serves approximately 2.2 billion servings daily worldwide. As of December 31, 2025, the company employed approximately 65,900 people globally, with roughly 8,900 in the United States.

The company operates through two primary business lines: concentrate operations, which generate revenues by selling beverage concentrates and syrups to independent bottling partners, and finished product operations, conducted primarily through consolidated bottling and distribution subsidiaries within the Bottling Investments segment. The company's distribution network includes independent bottling partners, distributors, wholesalers, and retailers, with five major bottling partners representing 44 percent of worldwide unit case volume in 2025.

Competitive strengths include leading brands with high consumer recognition, a worldwide bottling and distribution network, sophisticated marketing capabilities, and a talented workforce. The company competes against numerous global and regional beverage manufacturers, including PepsiCo, Nestlé, Keurig Dr Pepper, and various emerging microbrands. The company's website is www.coca-colacompany.com.

Company details
Sector
Consumer Staples
Industry (SIC)
Beverages
Headquarters
ATLANTA, GA
Fiscal year end
December
CIK
21344
SIC
2080

Financial performance, year by year

Fiscal 2013–2025 · USD
$-5.01B$10.03B$25.06B$40.10B$55.14B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Coca-Cola Company — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

1.2K
funds hold it
3 of 35
superinvestors hold it
$88.45B
held by funds, at market
25.6%
of shares held by funds
37
bond issues held by funds

Superinvestors in Coca-Cola Company · what they did last quarter

Warren BuffettUNCHANGED
Berkshire Hathaway
10.9%of 13F portfolio
Chris BloomstranUNCHANGED
Semper Augustus Investments Group
0.1%of 13F portfolio
Tom RussoDECREASED -5.2%
Gardner Russo & Quinn
<0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Coca-Cola Company’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.39%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.49%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.49%of fund net assets
Fidelity 500 Index Fund
FXAIX · Fidelity Concord Street Trust
0.47%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Coca-Cola Company’s bonds, as funds hold them

Funds report holding 37 issues of Coca-Cola Company’s debt, $1.92B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 2.75%, maturing 2027 to 2064.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Coca-Cola Company and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Coca-Cola Company's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Coca-Cola Company's last four quarterly filings that the numbers alone won't show?”
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