Beverages - Non-Alcoholic
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COKE vs FIZZ
Revenue, margins, valuation, and 5-year total return — side by side.
Beverages - Non-Alcoholic
COKE vs FIZZ — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Beverages - Non-Alcoholic | Beverages - Non-Alcoholic |
| Market Cap | $17.62B | $3.27B |
| Revenue (TTM) | $7.49B | $1.20B |
| Net Income (TTM) | $579M | $187M |
| Gross Margin | 39.3% | 37.2% |
| Operating Margin | 13.4% | 19.7% |
| Forward P/E | 30.9x | 17.5x |
| Total Debt | $3.00B | $72M |
| Cash & Equiv. | $282M | $194M |
COKE vs FIZZ — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Coca-Cola Consolida… (COKE) | 100 | 864.9 | +764.9% |
| National Beverage C… (FIZZ) | 100 | 122.7 | +22.7% |
Price return only. Dividends and distributions are not included.
Quick Verdict: COKE vs FIZZ
Each card shows where this stock fits in a portfolio — not just who wins on paper.
COKE is the clearest fit if your priority is growth exposure and long-term compounding.
- Rev growth 4.8%, EPS growth -2.6%, 3Y rev CAGR 5.2%
- 12.0% 10Y total return vs FIZZ's 91.0%
- Lower volatility, beta 0.18, current ratio 1.26x
FIZZ carries the broadest edge in this set and is the clearest fit for income & stability and defensive.
- Dividend streak 4 yrs, beta 0.29, yield 9.3%
- Beta 0.29, yield 9.3%, current ratio 2.90x
- Lower P/E (17.5x vs 30.9x)
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 4.8% revenue growth vs FIZZ's 0.8% | |
| Value | Lower P/E (17.5x vs 30.9x) | |
| Quality / Margins | 15.6% margin vs COKE's 7.7% | |
| Stability / Safety | Beta 0.18 vs FIZZ's 0.29 | |
| Dividends | 9.3% yield, 4-year raise streak, vs COKE's 0.5% | |
| Momentum (1Y) | +80.2% vs FIZZ's -20.2% | |
| Efficiency (ROA) | 27.1% ROA vs COKE's 11.4%, ROIC 57.9% vs 34.2% |
COKE vs FIZZ — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
COKE vs FIZZ — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
Evenly matched — COKE and FIZZ each lead in 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
COKE is the larger business by revenue, generating $7.5B annually — 6.2x FIZZ's $1.2B. FIZZ is the more profitable business, keeping 15.6% of every revenue dollar as net income compared to COKE's 7.7%. On growth, COKE holds the edge at +16.9% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $7.5B | $1.2B |
| EBITDAEarnings before interest/tax | $1.1B | $258M |
| Net IncomeAfter-tax profit | $579M | $187M |
| Free Cash FlowCash after capex | $662M | $157M |
| Gross MarginGross profit ÷ Revenue | +39.3% | +37.2% |
| Operating MarginEBIT ÷ Revenue | +13.4% | +19.7% |
| Net MarginNet income ÷ Revenue | +7.7% | +15.6% |
| FCF MarginFCF ÷ Revenue | +8.8% | +13.1% |
| Rev. Growth (YoY)Latest quarter vs prior year | +16.9% | -1.0% |
| EPS Growth (YoY)Latest quarter vs prior year | +40.3% | 0.0% |
Valuation Metrics
FIZZ leads this category, winning 3 of 5 comparable metrics.
Valuation Metrics
At 17.6x trailing earnings, FIZZ trades at a 43% valuation discount to COKE's 30.9x P/E. Adjusting for growth (PEG ratio), COKE offers better value at 1.03x vs FIZZ's 2.36x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | ||
|---|---|---|
| Market CapShares × price | $17.6B | $3.3B |
| Enterprise ValueMkt cap + debt − cash | $20.3B | $3.2B |
| Trailing P/EPrice ÷ TTM EPS | 30.91x | 17.57x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 17.46x |
| PEG RatioP/E ÷ EPS growth rate | 1.03x | 2.36x |
| EV / EBITDAEnterprise value multiple | 17.40x | 12.30x |
| Price / SalesMarket cap ÷ Revenue | 2.44x | 2.72x |
| Price / BookPrice ÷ Book value/share | — | 7.38x |
| Price / FCFMarket cap ÷ FCF | 28.21x | 19.21x |
Profitability & Efficiency
FIZZ leads this category, winning 5 of 6 comparable metrics.
Profitability & Efficiency
COKE delivers a 122.9% return on equity — every $100 of shareholder capital generates $123 in annual profit, vs $39 for FIZZ.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +122.9% | +39.3% |
| ROA (TTM)Return on assets | +11.4% | +27.1% |
| ROICReturn on invested capital | +34.2% | +57.9% |
| ROCEReturn on capital employed | +25.4% | +40.4% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 5 |
| Debt / EquityFinancial leverage | — | 0.16x |
| Net DebtTotal debt minus cash | $2.7B | -$122M |
| Cash & Equiv.Liquid assets | $282M | $194M |
| Total DebtShort + long-term debt | $3.0B | $72M |
| Interest CoverageEBIT ÷ Interest expense | 10.53x | — |
Total Returns (Dividends Reinvested)
COKE leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in COKE five years ago would be worth $74,616 today (with dividends reinvested), compared to $8,707 for FIZZ. Over the past 12 months, COKE leads with a +80.2% total return vs FIZZ's -20.2%. The 3-year compound annual growth rate (CAGR) favors COKE at 48.6% vs FIZZ's -9.6% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +40.8% | +10.4% |
| 1-Year ReturnPast 12 months | +80.2% | -20.2% |
| 3-Year ReturnCumulative with dividends | +228.4% | -26.1% |
| 5-Year ReturnCumulative with dividends | +646.2% | -12.9% |
| 10-Year ReturnCumulative with dividends | +1203.8% | +91.0% |
| CAGR (3Y)Annualised 3-year return | +48.6% | -9.6% |
Risk & Volatility
COKE leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
COKE is the less volatile stock with a 0.18 beta — it tends to amplify market swings less than FIZZ's 0.29 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. COKE currently trades 95.8% from its 52-week high vs FIZZ's 73.0% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.18x | 0.29x |
| 52-Week HighHighest price in past year | $219.65 | $47.89 |
| 52-Week LowLowest price in past year | $105.21 | $31.21 |
| % of 52W HighCurrent price vs 52-week peak | +95.8% | +73.0% |
| RSI (14)Momentum oscillator 0–100 | 67.1 | 56.4 |
| Avg Volume (50D)Average daily shares traded | 467K | 218K |
Analyst Outlook
FIZZ leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Wall Street rates COKE as "Hold" and FIZZ as "Sell". For income investors, FIZZ offers the higher dividend yield at 9.29% vs COKE's 0.49%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Sell |
| Price TargetConsensus 12-month target | — | $34.00 |
| # AnalystsCovering analysts | 1 | 8 |
| Dividend YieldAnnual dividend ÷ price | +0.5% | +9.3% |
| Dividend StreakConsecutive years of raises | 0 | 4 |
| Dividend / ShareAnnual DPS | $1.03 | $3.25 |
| Buyback YieldShare repurchases ÷ mkt cap | +14.8% | 0.0% |
FIZZ leads in 3 of 6 categories (Valuation Metrics, Profitability & Efficiency). COKE leads in 2 (Total Returns, Risk & Volatility). 1 tied.
COKE vs FIZZ: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is COKE or FIZZ a better buy right now?
For growth investors, Coca-Cola Consolidated, Inc.
(COKE) is the stronger pick with 4. 8% revenue growth year-over-year, versus 0. 8% for National Beverage Corp. (FIZZ). National Beverage Corp. (FIZZ) offers the better valuation at 17. 6x trailing P/E (17. 5x forward), making it the more compelling value choice. Analysts rate Coca-Cola Consolidated, Inc. (COKE) a "Hold" — based on 1 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — COKE or FIZZ?
On trailing P/E, National Beverage Corp.
(FIZZ) is the cheapest at 17. 6x versus Coca-Cola Consolidated, Inc. at 30. 9x.
03Which is the better long-term investment — COKE or FIZZ?
Over the past 5 years, Coca-Cola Consolidated, Inc.
(COKE) delivered a total return of +646. 2%, compared to -12. 9% for National Beverage Corp. (FIZZ). Over 10 years, the gap is even starker: COKE returned +1204% versus FIZZ's +91. 0%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — COKE or FIZZ?
By beta (market sensitivity over 5 years), Coca-Cola Consolidated, Inc.
(COKE) is the lower-risk stock at 0. 18β versus National Beverage Corp. 's 0. 29β — meaning FIZZ is approximately 64% more volatile than COKE relative to the S&P 500.
05Which is growing faster — COKE or FIZZ?
By revenue growth (latest reported year), Coca-Cola Consolidated, Inc.
(COKE) is pulling ahead at 4. 8% versus 0. 8% for National Beverage Corp. (FIZZ). On earnings-per-share growth, the picture is similar: National Beverage Corp. grew EPS 5. 3% year-over-year, compared to -2. 6% for Coca-Cola Consolidated, Inc.. Over a 3-year CAGR, COKE leads at 5. 2% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — COKE or FIZZ?
National Beverage Corp.
(FIZZ) is the more profitable company, earning 15. 6% net margin versus 7. 9% for Coca-Cola Consolidated, Inc. — meaning it keeps 15. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: FIZZ leads at 19. 6% versus 13. 2% for COKE. At the gross margin level — before operating expenses — COKE leads at 39. 7%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Which pays a better dividend — COKE or FIZZ?
All stocks in this comparison pay dividends.
National Beverage Corp. (FIZZ) offers the highest yield at 9. 3%, versus 0. 5% for Coca-Cola Consolidated, Inc. (COKE).
08Is COKE or FIZZ better for a retirement portfolio?
For long-horizon retirement investors, Coca-Cola Consolidated, Inc.
(COKE) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 18), +1204% 10Y return). Both have compounded well over 10 years (COKE: +1204%, FIZZ: +91. 0%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
09What are the main differences between COKE and FIZZ?
Both stocks operate in the Consumer Defensive sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: COKE is a mid-cap quality compounder stock; FIZZ is a small-cap deep-value stock. FIZZ pays a dividend while COKE does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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