The Coca-Cola Company (KO) Earnings History
Annual and quarterly earnings data from 1989 to 2025
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EPS Growth Rates (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 61.6% | 28.7% | 27.3% |
| 2024 | 61.1% | 21.2% | 22.6% |
| 2023 | 59.5% | 24.7% | 23.4% |
| 2022 | 58.1% | 25.4% | 22.2% |
| 2021 | 60.3% | 26.7% | 25.3% |
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The Coca-Cola Company (KO) Earnings Overview
As of February 28, 2026, The Coca-Cola Company (KO) reported trailing twelve-month net income of $13.11B, reflecting +0.2% year-over-year growth. The company earned $3.04 per diluted share over the past four quarters, with a net profit margin of 0.3%.
Looking at the long-term picture, KO's 5-year EPS compound annual growth rate (CAGR) stands at +11.2%, showing solid earnings momentum. The company achieved its highest annual net income of $13.11B in fiscal 2025, representing a new all-time high.
The Coca-Cola Company maintains positive profitability with a gross margin of 0.6%, operating margin of 0.3%, and net margin of 0.3%. The company continues to generate positive earnings from operations. View revenue history →
Compared to industry peers including PEP ($8.24B net income, 0.1% margin), FIZZ ($186M net income, 0.2% margin), ZVIA (-$10M net income, -0.1% margin), KO has outperformed on profitability metrics. Compare KO vs PEP →
Peer Comparison
Earnings metrics vs industry competitors
| Company | TTM Net Income | TTM EPS | Net Margin | ROE | YoY Growth | Compare |
|---|---|---|---|---|---|---|
KOCurrent | $13.1B | $3.04 | 0.3% | 0.4% | +0.2% | — |
PEP | $8.2B | $6.01 | 0.1% | 0.4% | -0.1% | |
FIZZ | $186M | $1.98 | 0.2% | 0.4% | +0.1% | |
ZVIA | -$10M | $-0.15 | -0.1% | -0.3% | +0.6% |
Historical Data
37 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $13.11B | +23.3% | $13.76B | $3.04 | 27.3% | 28.7% |
| 2024 | $10.63B | -0.8% | $9.99B | $2.46 | 22.6% | 21.2% |
| 2023 | $10.71B | +12.3% | $11.31B | $2.47 | 23.4% | 24.7% |
| 2022 | $9.54B | -2.3% | $10.91B | $2.19 | 22.2% | 25.4% |
| 2021 | $9.77B | +26.1% | $10.31B | $2.25 | 25.3% | 26.7% |
| 2020 | $7.75B | -13.2% | $9.00B | $1.79 | 23.5% | 27.3% |
| 2019 | $8.92B | +38.6% | $10.09B | $2.07 | 23.9% | 27.1% |
| 2018 | $6.43B | +415.5% | $9.15B | $1.50 | 18.8% | 26.7% |
| 2017 | $1.25B | -80.9% | $7.75B | $0.29 | 3.4% | 21.4% |
| 2016 | $6.53B | -11.2% | $8.66B | $1.49 | 15.6% | 20.7% |
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Start ComparisonFrequently Asked Questions
Is KO growing earnings?
KO EPS of $3.04 reflects slowing growth at +0.2%, below the 5-year CAGR of +11.2%. TTM net income is $13.1B. Expansion rate has moderated.
What are KO's profit margins?
The Coca-Cola Company net margin is +0.3%, with operating margin at +0.3%. Below-average margins reflect competitive or cost pressures.
How consistent are KO's earnings?
KO earnings data spans 1989-2025. The current earnings trend is +0.2% YoY. Historical data enables comparison across business cycles.