Screener / SEC EDGAR /CIK 0000021344 /10-K filed Feb 20, 2026, compared with Feb 20, 2025 /Numbers from the XBRL of the 10-Ks
Consumer staples peers:
NYSE Consumer staples · Beverages

Coca-Cola KO

The Coca-Cola Company is a total beverage company, and beverage products bearing our trademarks, sold in the United States since 1886, are now sold in more than 200 countries and territories. 10-K, Item 1

Headquarters
Atlanta, GA
CEO
James Quincey
Next results
around Feb 9, 2027
Compare with peers Embed

Where each dollar of revenue went, FY2025

Revenue of $47.9B through the costs to a net profit of $13.1B · income statement of the 10-K

29% operating margin
Revenue to Gross profit: $29.5BRevenue to Cost of revenue: $18.4BGross profit to Operating profit: $13.8BGross profit to Operating expenses: $15.8BOperating profit to Net profit: $10.9BOperating profit to Tax: $2.9BOther income to Net profit: $2.2B Revenue: $47.9B REVENUE $47.9B +2% Y/Y Gross profit: $29.5B · 62% margin GROSS PROFIT $29.5B 62% margin · +3% Y/Y Cost of revenue: $18.4B · 38% of revenue COST OF REVENUE $18.4B 38% of revenue Operating profit: $13.8B · 29% margin OPERATING PROFIT $13.8B 29% margin · +38% Y/Y Other income: $2.2B · 5% of revenue OTHER INCOME $2.2B 5% of revenue Operating expenses: $15.8B · 33% of revenue OPERATING EXPENSES $15.8B 33% of revenue Net profit: $13.1B · 27% margin NET PROFIT $13.1B 27% margin · +23% Y/Y Tax: $2.9B · 6% of revenue TAX $2.9B 6% of revenue
Gross profit $29.5B 62% margin · +3% Y/Y
Operating profit $13.8B 29% margin · +38% Y/Y
Net profit $13.1B 27% margin · +23% Y/Y
The full income statement, year by year

KO among Consumer staples peers

Six ratios from the latest 10-K. Each corner is the share of 32 peers the company is above, not a score.

Compare
Revenue growth: 1.9%, above 47% of 32 peers (their median 2.2%) REVENUE GROWTH 1.9% · above 47% Gross margin: 62.3%, above 90% of 30 peers (their median 38.9%) GROSS MARGIN 62.3% · above 90% Operating margin: 30.0%, above 89% of 28 peers (their median 13.6%) OPERATING MARGIN 30.0% · above 89% Net margin: 28.7%, above 97% of 32 peers (their median 7.6%) NET MARGIN 28.7% · above 97% FCF margin: 28.0%, above 94% of 32 peers (their median 10.4%) FCF MARGIN 28.0% · above 94% Return on capital: 14.1%, above 71% of 24 peers (their median 12.1%) RETURN ON CAPITAL 14.1% · above 71%
KO Peer median Below the median

What changed

3 new risk paragraphs and 1 accounting fact worth reading about. 10-K filed Feb 20, 2026 against Feb 20, 2025.

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

11 checks on the latest 10-K. Checks, not verdicts.

How it works

1fact worth reading about the other 10 checks found nothing to note

  • Cash from operations lower than net income
    Cash from operations $7.4B vs net income $13.1B (FY ending Dec 31, 2025)
  • Receivables -14.9% vs revenue +1.9% (-16.7 pts)
9 more checks with nothing to note
  • Inventory -6.4% vs revenue +1.9% (-8.3 pts)
  • Same auditor in both 10-Ks: Ernst & Young LLP
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • The same matters as last year: Accounting for uncertain tax positions; Valuation of trademarks with indefinite lives
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

3 paragraphs in Risk Factors that were not in the 10-K filed Feb 20, 2025. Quoted as filed.

All 3 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Feb 20, 2025 10-K, ITEM 1A
    risks and/or our ability to hire and retain the best talent will be diminished, which could have an adverse impact on our overall business.
  2. Item 1A · new paragraph · not in the 10-K filed Feb 20, 2025 10-K, ITEM 1A
    document requests, the assessment of damages, the imposition of penalties, the suspension of production or distribution, costly changes to equipment or processes due to required corrective action, or the cessation or interruption of operations at our or our bottling partners’ facilities, as well as damage to our or our bottling…
  3. Item 1A · new paragraph · not in the 10-K filed Feb 20, 2025 10-K, ITEM 1A
    in scrutiny, reputational risk, product boycotts, lawsuits or market access restrictions from these parties regarding our sustainability policies, practices or initiatives.

New risk paragraphs, against peers

Latest 10-K of each, Consumer staples companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2022FY2023FY2024FY2025
Revenue$43.0B$45.8B$47.1B$47.9B
Net income$9.5B$10.7B$10.6B$13.1B
Operating cash flow$11.0B$11.6B$6.8B$7.4B
Free cash flow$9.5B$9.7B$4.7B$5.3B

Revenue, FY2016 to FY2025

Ten fiscal years, each from its own 10-K · XBRL · USD

$47.9B ▲ 1.9% in FY2025

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Every number, year by year

Recent filings

2 filings in the last 30 days · SEC EDGAR

All filings

About the company

Coca-Cola, Atlanta, GA · from the 10-K filed Feb 20, 2026

The Coca-Cola Company is a total beverage company, and beverage products bearing our trademarks, sold in the United States since 1886, are now sold in more than 200 countries and territories. We own or license and market numerous beverage brands, which we group into the following categories: Trademark Coca-Cola; sparkling flavors; water, sports, coffee and tea; juice, value-added dairy and plant-based beverages; and emerging beverages. We own and market several of the world’s largest nonalcoholic sparkling soft drink brands, including Coca-Cola, Sprite, Coca-Cola Zero Sugar, Fanta and Diet Coke/Coca-Cola Light.

Headquarters
Atlanta, GA
Country
United States
Reports in
USD
Listed on
NYSE
Fiscal year ends
December 31
Last results
Oct 27, 2026
Incorporated in
DE

Email alerts

Sources

The 10-K filed Feb 20, 2026 (open at SEC), compared with the 10-K filed Feb 20, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

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