Build Your Comparison

Side-by-side financial analysis
ANTX logo
ANTX
SPRO logo
SPRO
KO logo
KO
Try popular comparisons:

Stock Comparison

ANTX vs SPRO vs KO

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
ANTX
AN2 Therapeutics, Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$130M
5Y Perf.-68.5%
SPRO
Spero Therapeutics, Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$165M
5Y Perf.-67.2%
KO
The Coca-Cola Company

Beverages - Non-Alcoholic

Consumer DefensiveNYSE • US
Market Cap$355.61B
5Y Perf.+33.3%

ANTX vs SPRO vs KO — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
ANTX logoANTX
SPRO logoSPRO
KO logoKO
IndustryBiotechnologyBiotechnologyBeverages - Non-Alcoholic
Market Cap$130M$165M$355.61B
Revenue (TTM)$0.00$55M$49.28B
Net Income (TTM)$-35M$15M$13.70B
Gross Margin100.0%61.7%
Operating Margin24.7%29.3%
Forward P/E4.3x25.3x
Total Debt$0.00$3M$45.49B
Cash & Equiv.$20M$40M$10.27B

ANTX vs SPRO vs KOLong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

ANTX
SPRO
KO
StockMar 22Jun 26Return
AN2 Therapeutics, I… (ANTX)10031.5-68.5%
Spero Therapeutics,… (SPRO)10032.8-67.2%
The Coca-Cola Compa… (KO)100133.3+33.3%

Price return only. Dividends and distributions are not included.

Quick Verdict: ANTX vs SPRO vs KO

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: ANTX and SPRO are tied at the top with 3 categories each — the right choice depends on your priorities. Spero Therapeutics, Inc. is the stronger pick specifically for valuation and capital efficiency and profitability and margin quality. This set spans 2 sectors — these stocks serve different portfolio roles, not just different price points.
ANTX
AN2 Therapeutics, Inc.
The Income Pick

ANTX has the current edge in this matchup, primarily because of its strength in income & stability and defensive.

  • Dividend streak 0 yrs, beta 0.42
  • Beta 0.42, current ratio 6.87x
  • 189.3% revenue growth vs KO's 1.9%
Best for: income & stability and defensive
SPRO
Spero Therapeutics, Inc.
The Growth Play

SPRO is the clearest fit if your priority is growth exposure and sleep-well-at-night.

  • Rev growth 24.3%, EPS growth 111.8%, 3Y rev CAGR 7.1%
  • Lower volatility, beta 1.26, Low D/E 4.9%, current ratio 7.59x
  • Lower P/E (4.3x vs 25.3x)
Best for: growth exposure and sleep-well-at-night
KO
The Coca-Cola Company
The Long-Run Compounder

KO is the clearest fit if your priority is long-term compounding.

  • 121.1% 10Y total return vs ANTX's -39.4%
  • 2.5% yield; 56-year raise streak; the other 2 pay no meaningful dividend
Best for: long-term compounding
See the full category breakdown
CategoryWinnerWhy
GrowthANTX logoANTX189.3% revenue growth vs KO's 1.9%
ValueSPRO logoSPROLower P/E (4.3x vs 25.3x)
Quality / MarginsSPRO logoSPRO27.8% margin vs ANTX's 4.7%
Stability / SafetyANTX logoANTXBeta 0.42 vs SPRO's 1.26
DividendsKO logoKO2.5% yield; 56-year raise streak; the other 2 pay no meaningful dividend
Momentum (1Y)ANTX logoANTX+319.5% vs SPRO's -1.4%
Efficiency (ROA)SPRO logoSPRO25.0% ROA vs ANTX's -47.3%, ROIC -0.2% vs -61.1%

ANTX vs SPRO vs KO — Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

ANTXAN2 Therapeutics, Inc.

Segment breakdown not available.

SPROSpero Therapeutics, Inc.
FY 2025
Collaboration Revenue Related Party
70.4%$47M
Collaboration Revenue
18.8%$13M
Grant Revenue
10.8%$7M
KOThe Coca-Cola Company
FY 2025
Pacific
84.6%$31.6B
Bottling investments
15.4%$5.7B

ANTX vs SPRO vs KO — Financial Metrics

Side-by-side numbers across 3 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLKOLAGGINGSPRO

Income & Cash Flow (Last 12 Months)

Evenly matched — SPRO and KO each lead in 3 of 6 comparable metrics.

KO and ANTX operate at a comparable scale, with $49.3B and $0 in trailing revenue. Profitability is closely matched — net margins range from 27.8% (SPRO) to 27.8% (KO). On growth, KO holds the edge at +12.1% YoY revenue growth, suggesting stronger near-term business momentum.

MetricANTX logoANTXAN2 Therapeutics,…SPRO logoSPROSpero Therapeutic…KO logoKOThe Coca-Cola Com…
RevenueTrailing 12 months$0$55M$49.3B
EBITDAEarnings before interest/tax-$37M$14M$15.5B
Net IncomeAfter-tax profit-$35M$15M$13.7B
Free Cash FlowCash after capex-$31M$7M$12.6B
Gross MarginGross profit ÷ Revenue+100.0%+61.7%
Operating MarginEBIT ÷ Revenue+24.7%+29.3%
Net MarginNet income ÷ Revenue+27.8%+27.8%
FCF MarginFCF ÷ Revenue+13.2%+25.5%
Rev. Growth (YoY)Latest quarter vs prior year-95.6%+12.1%
EPS Growth (YoY)Latest quarter vs prior year+17.1%+48.0%+18.2%
Evenly matched — SPRO and KO each lead in 3 of 6 comparable metrics.

Valuation Metrics

Evenly matched — ANTX and SPRO each lead in 2 of 4 comparable metrics.

At 19.0x trailing earnings, SPRO trades at a 30% valuation discount to KO's 27.2x P/E.

MetricANTX logoANTXAN2 Therapeutics,…SPRO logoSPROSpero Therapeutic…KO logoKOThe Coca-Cola Com…
Market CapShares × price$130M$165M$355.6B
Enterprise ValueMkt cap + debt − cash$110M$128M$390.8B
Trailing P/EPrice ÷ TTM EPS-4.09x19.00x27.18x
Forward P/EPrice ÷ next-FY EPS est.4.25x25.27x
PEG RatioP/E ÷ EPS growth rate2.43x
EV / EBITDAEnterprise value multiple26.39x
Price / SalesMarket cap ÷ Revenue2.77x7.42x
Price / BookPrice ÷ Book value/share2.70x2.85x10.40x
Price / FCFMarket cap ÷ FCF67.15x
Evenly matched — ANTX and SPRO each lead in 2 of 4 comparable metrics.

Profitability & Efficiency

KO leads this category, winning 4 of 8 comparable metrics.

KO delivers a 41.1% return on equity — every $100 of shareholder capital generates $41 in annual profit, vs $-52 for ANTX. SPRO carries lower financial leverage with a 0.05x debt-to-equity ratio, signaling a more conservative balance sheet compared to KO's 1.33x. On the Piotroski fundamental quality scale (0–9), KO scores 7/9 vs ANTX's 1/9, reflecting strong financial health.

MetricANTX logoANTXAN2 Therapeutics,…SPRO logoSPROSpero Therapeutic…KO logoKOThe Coca-Cola Com…
ROE (TTM)Return on equity-52.3%+35.6%+41.1%
ROA (TTM)Return on assets-47.3%+25.0%+13.1%
ROICReturn on invested capital-61.1%-0.2%+15.8%
ROCEReturn on capital employed-56.4%-0.0%+17.3%
Piotroski ScoreFundamental quality 0–9157
Debt / EquityFinancial leverage0.05x1.33x
Net DebtTotal debt minus cash-$20M-$37M$35.2B
Cash & Equiv.Liquid assets$20M$40M$10.3B
Total DebtShort + long-term debt$0$3M$45.5B
Interest CoverageEBIT ÷ Interest expense10.70x
KO leads this category, winning 4 of 8 comparable metrics.

Total Returns (Dividends Reinvested)

Evenly matched — ANTX and SPRO and KO each lead in 2 of 6 comparable metrics.

A $10,000 investment in KO five years ago would be worth $16,560 today (with dividends reinvested), compared to $1,816 for SPRO. Over the past 12 months, ANTX leads with a +319.5% total return vs SPRO's -1.4%. The 3-year compound annual growth rate (CAGR) favors SPRO at 17.7% vs ANTX's -13.1% — a key indicator of consistent wealth creation.

MetricANTX logoANTXAN2 Therapeutics,…SPRO logoSPROSpero Therapeutic…KO logoKOThe Coca-Cola Com…
YTD ReturnYear-to-date+327.0%+21.3%+20.3%
1-Year ReturnPast 12 months+319.5%-1.4%+17.2%
3-Year ReturnCumulative with dividends-34.4%+62.9%+47.0%
5-Year ReturnCumulative with dividends-69.2%-81.8%+65.6%
10-Year ReturnCumulative with dividends-39.4%-75.2%+121.1%
CAGR (3Y)Annualised 3-year return-13.1%+17.7%+13.7%
Evenly matched — ANTX and SPRO and KO each lead in 2 of 6 comparable metrics.

Risk & Volatility

KO leads this category, winning 2 of 2 comparable metrics.

KO is the less volatile stock with a -0.20 beta — it tends to amplify market swings less than SPRO's 1.26 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. KO currently trades 98.3% from its 52-week high vs ANTX's 68.6% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricANTX logoANTXAN2 Therapeutics,…SPRO logoSPROSpero Therapeutic…KO logoKOThe Coca-Cola Com…
Beta (5Y)Sensitivity to S&P 5000.42x1.26x-0.20x
52-Week HighHighest price in past year$6.91$3.22$84.04
52-Week LowLowest price in past year$1.00$1.80$65.35
% of 52W HighCurrent price vs 52-week peak+68.6%+88.5%+98.3%
RSI (14)Momentum oscillator 0–10054.549.660.6
Avg Volume (50D)Average daily shares traded261K641K12.7M
KO leads this category, winning 2 of 2 comparable metrics.

Analyst Outlook

KO leads this category, winning 1 of 1 comparable metric.

Analyst consensus: ANTX as "Buy", SPRO as "Buy", KO as "Buy". Consensus price targets imply 89.9% upside for ANTX (target: $9) vs 4.2% for KO (target: $86). KO is the only dividend payer here at 2.46% yield — a key consideration for income-focused portfolios.

MetricANTX logoANTXAN2 Therapeutics,…SPRO logoSPROSpero Therapeutic…KO logoKOThe Coca-Cola Com…
Analyst RatingConsensus buy/hold/sellBuyBuyBuy
Price TargetConsensus 12-month target$9.00$86.13
# AnalystsCovering analysts81348
Dividend YieldAnnual dividend ÷ price+2.5%
Dividend StreakConsecutive years of raises0056
Dividend / ShareAnnual DPS$2.04
Buyback YieldShare repurchases ÷ mkt cap0.0%0.0%+0.2%
KO leads this category, winning 1 of 1 comparable metric.
Key Takeaway

KO leads in 3 of 6 categories — strongest in Profitability & Efficiency and Risk & Volatility. 3 categories are tied.

Best OverallThe Coca-Cola Company (KO)Leads 3 of 6 categories
Loading custom metrics...

ANTX vs SPRO vs KO: Key Questions Answered

10 questions · data-driven answers · updated daily

01

Is ANTX or SPRO or KO a better buy right now?

For growth investors, Spero Therapeutics, Inc.

(SPRO) is the stronger pick with 24. 3% revenue growth year-over-year, versus 1. 9% for The Coca-Cola Company (KO). Spero Therapeutics, Inc. (SPRO) offers the better valuation at 19. 0x trailing P/E (4. 3x forward), making it the more compelling value choice. Analysts rate AN2 Therapeutics, Inc. (ANTX) a "Buy" — based on 8 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.

02

Which has the better valuation — ANTX or SPRO or KO?

On trailing P/E, Spero Therapeutics, Inc.

(SPRO) is the cheapest at 19. 0x versus The Coca-Cola Company at 27. 2x. On forward P/E, Spero Therapeutics, Inc. is actually cheaper at 4. 3x.

03

Which is the better long-term investment — ANTX or SPRO or KO?

Over the past 5 years, The Coca-Cola Company (KO) delivered a total return of +65.

6%, compared to -81. 8% for Spero Therapeutics, Inc. (SPRO). Over 10 years, the gap is even starker: KO returned +121. 1% versus SPRO's -75. 2%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

04

Which is safer — ANTX or SPRO or KO?

By beta (market sensitivity over 5 years), The Coca-Cola Company (KO) is the lower-risk stock at -0.

20β versus Spero Therapeutics, Inc. 's 1. 26β — meaning SPRO is approximately -731% more volatile than KO relative to the S&P 500. On balance sheet safety, Spero Therapeutics, Inc. (SPRO) carries a lower debt/equity ratio of 5% versus 133% for The Coca-Cola Company — giving it more financial flexibility in a downturn.

05

Which is growing faster — ANTX or SPRO or KO?

By revenue growth (latest reported year), Spero Therapeutics, Inc.

(SPRO) is pulling ahead at 24. 3% versus 1. 9% for The Coca-Cola Company (KO). On earnings-per-share growth, the picture is similar: Spero Therapeutics, Inc. grew EPS 111. 8% year-over-year, compared to 23. 6% for The Coca-Cola Company. Over a 3-year CAGR, SPRO leads at 7. 1% 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.

06

Which has better profit margins — ANTX or SPRO or KO?

The Coca-Cola Company (KO) is the more profitable company, earning 27.

3% net margin versus 0. 0% for AN2 Therapeutics, Inc. — meaning it keeps 27. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: KO leads at 28. 7% versus -0. 0% for SPRO. At the gross margin level — before operating expenses — SPRO leads at 100. 0%, 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.

07

Is ANTX or SPRO or KO more undervalued right now?

On forward earnings alone, Spero Therapeutics, Inc.

(SPRO) trades at 4. 3x forward P/E versus 25. 3x for The Coca-Cola Company — 21. 0x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for ANTX: 89. 9% to $9. 00.

08

Which pays a better dividend — ANTX or SPRO or KO?

In this comparison, KO (2.

5% yield) pays a dividend. ANTX, SPRO do not pay a meaningful dividend and should not be held primarily for income.

09

Is ANTX or SPRO or KO better for a retirement portfolio?

For long-horizon retirement investors, The Coca-Cola Company (KO) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -0.

20), 2. 5% yield, +121. 1% 10Y return). Both have compounded well over 10 years (KO: +121. 1%, SPRO: -75. 2%), 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.

10

What are the main differences between ANTX and SPRO and KO?

These companies operate in different sectors (ANTX (Healthcare) and SPRO (Healthcare) and KO (Consumer Defensive)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.

In terms of investment character: ANTX is a small-cap quality compounder stock; SPRO is a small-cap high-growth stock; KO is a large-cap quality compounder stock. KO pays a dividend while ANTX, SPRO do 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.

You Might Also Compare

Based on how these companies actually compete and overlap — not just which sector they're filed under.