(KO) The Coca-Cola - Overview
Stock: Cola, Water, Juice, Tea, Sports
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 2.94% |
| Yield on Cost 5y | 4.71% |
| Yield CAGR 5y | 4.97% |
| Payout Consistency | 100.0% |
| Payout Ratio | 84.3% |
| Risk 5d forecast | |
|---|---|
| Volatility | 16.4% |
| Relative Tail Risk | -4.73% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.16 |
| Alpha | 22.10 |
| Character TTM | |
|---|---|
| Beta | 0.042 |
| Beta Downside | 0.034 |
| Drawdowns 3y | |
|---|---|
| Max DD | 17.27% |
| CAGR/Max DD | 0.71 |
Description: KO The Coca-Cola January 26, 2026
The Coca-Cola Company (NYSE: KO) is a global non-alcoholic beverage producer headquartered in Atlanta, Georgia, with a product lineup that spans sparkling soft drinks, water, sports, coffee, tea, juice, dairy-alternatives, and plant-based drinks, sold under more than 30 brand names including Coca-Cola, Sprite, Fanta, Dasani, Powerade, and Costa.
Its commercial model relies on a vast network of independent bottling partners, distributors, wholesalers, and retailers, which handle the manufacturing, bottling, and point-of-sale distribution for both fountain syrups and packaged beverages across the United States and over 200 international markets.
According to the company’s FY 2023 Form 10-K (filed February 2024), Coca-Cola generated $46.9 billion in net operating revenue, a 5 % year-over-year increase driven primarily by a 9 % rise in its non-carbonated beverage segment. Comparable diluted earnings per share were $2.73, and the operating margin held at 27 % despite higher commodity costs. The “Zero-Sugar” portfolio contributed a 12 % volume gain, while the newly acquired Costa coffee chain added $1.2 billion in net revenue, reflecting continued diversification beyond traditional sodas.
Key macro-economic drivers affecting KO include: (1) commodity price volatility-sugar and aluminum prices were up ~15 % and ~10 % YoY in 2023, pressuring input costs; (2) shifting consumer preferences toward low-calorie and functional beverages, which is accelerating growth in the “Zero-Sugar” and sports-drink categories; and (3) emerging-market income growth, where per-capita soda consumption is still expanding, supporting long-term volume upside. Inflationary pressures have led the company to implement price increases averaging 3-4 % across its core markets in 2023, partially offsetting cost inflation.
For a deeper, data-driven valuation of KO, you may find ValueRay’s analytics platform useful.
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income: 13.03b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA 2.04 > 1.0 |
| NWC/Revenue: 9.96% < 20% (prev 3.71%; Δ 6.25% < -1%) |
| CFO/TA 0.07 > 3% & CFO 7.60b > Net Income 13.03b |
| Net Debt (34.68b) to EBITDA (18.59b): 1.87 < 3 |
| Current Ratio: 1.21 > 1.5 & < 3 |
| Outstanding Shares: last quarter (4.31b) vs 12m ago -0.21% < -2% |
| Gross Margin: 61.63% > 18% (prev 0.60%; Δ 6103 % > 0.5%) |
| Asset Turnover: 44.90% > 50% (prev 43.63%; Δ 1.27% > 0%) |
| Interest Coverage Ratio: 10.58 > 6 (EBITDA TTM 18.59b / Interest Expense TTM 1.65b) |
Altman Z'' 4.84
| A: 0.04 (Total Current Assets 27.25b - Total Current Liabilities 22.50b) / Total Assets 106.05b |
| B: 0.76 (Retained Earnings 80.31b / Total Assets 106.05b) |
| C: 0.16 (EBIT TTM 17.50b / Avg Total Assets 106.16b) |
| D: 0.92 (Book Value of Equity 67.11b / Total Liabilities 72.78b) |
| Altman-Z'' Score: 4.84 = AA |
Beneish M -3.03
| DSRI: 0.91 (Receivables 3.95b/4.23b, Revenue 47.66b/46.37b) |
| GMI: 0.98 (GM 61.63% / 60.43%) |
| AQI: 1.03 (AQ_t 0.64 / AQ_t-1 0.62) |
| SGI: 1.03 (Revenue 47.66b / 46.37b) |
| TATA: 0.05 (NI 13.03b - CFO 7.60b) / TA 106.05b) |
| Beneish M-Score: -3.03 (Cap -4..+1) = AA |
What is the price of KO shares?
Over the past week, the price has changed by +3.50%, over one month by +10.58%, over three months by +11.34% and over the past year by +24.35%.
Is KO a buy, sell or hold?
- StrongBuy: 14
- Buy: 8
- Hold: 3
- Sell: 1
- StrongSell: 0
What are the forecasts/targets for the KO price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 79.5 | 1.9% |
| Analysts Target Price | 79.5 | 1.9% |
| ValueRay Target Price | 87.9 | 12.8% |
KO Fundamental Data Overview February 07, 2026
P/E Forward = 24.2131
P/S = 7.1359
P/B = 10.8081
P/EG = 2.4476
Revenue TTM = 47.66b USD
EBIT TTM = 17.50b USD
EBITDA TTM = 18.59b USD
Long Term Debt = 43.18b USD (from longTermDebt, last quarter)
Short Term Debt = 4.24b USD (from shortTermDebt, last quarter)
Debt = 47.42b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 34.68b USD (from netDebt column, last quarter)
Enterprise Value = 374.80b USD (340.12b + Debt 47.42b - CCE 12.73b)
Interest Coverage Ratio = 10.58 (Ebit TTM 17.50b / Interest Expense TTM 1.65b)
EV/FCF = 67.29x (Enterprise Value 374.80b / FCF TTM 5.57b)
FCF Yield = 1.49% (FCF TTM 5.57b / Enterprise Value 374.80b)
FCF Margin = 11.69% (FCF TTM 5.57b / Revenue TTM 47.66b)
Net Margin = 27.34% (Net Income TTM 13.03b / Revenue TTM 47.66b)
Gross Margin = 61.63% ((Revenue TTM 47.66b - Cost of Revenue TTM 18.29b) / Revenue TTM)
Gross Margin QoQ = 61.49% (prev 62.39%)
Tobins Q-Ratio = 3.53 (Enterprise Value 374.80b / Total Assets 106.05b)
Interest Expense / Debt = 0.82% (Interest Expense 391.0m / Debt 47.42b)
Taxrate = 11.95% (500.0m / 4.18b)
NOPAT = 15.40b (EBIT 17.50b * (1 - 11.95%))
Current Ratio = 1.21 (Total Current Assets 27.25b / Total Current Liabilities 22.50b)
Debt / Equity = 1.52 (Debt 47.42b / totalStockholderEquity, last quarter 31.25b)
Debt / EBITDA = 1.87 (Net Debt 34.68b / EBITDA 18.59b)
Debt / FCF = 6.23 (Net Debt 34.68b / FCF TTM 5.57b)
Total Stockholder Equity = 27.72b (last 4 quarters mean from totalStockholderEquity)
RoA = 12.28% (Net Income 13.03b / Total Assets 106.05b)
RoE = 47.01% (Net Income TTM 13.03b / Total Stockholder Equity 27.72b)
RoCE = 24.68% (EBIT 17.50b / Capital Employed (Equity 27.72b + L.T.Debt 43.18b))
RoIC = 20.45% (NOPAT 15.40b / Invested Capital 75.35b)
WACC = 5.42% (E(340.12b)/V(387.53b) * Re(6.07%) + D(47.42b)/V(387.53b) * Rd(0.82%) * (1-Tc(0.12)))
Discount Rate = 6.07% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -100.0 | Cagr: -0.18%
[DCF Debug] Terminal Value 85.50% ; FCFF base≈4.71b ; Y1≈4.34b ; Y5≈3.92b
Fair Price DCF = 19.37 (EV 118.03b - Net Debt 34.68b = Equity 83.34b / Shares 4.30b; r=5.90% [WACC]; 5y FCF grow -9.69% → 2.90% )
EPS Correlation: -16.42 | EPS CAGR: -45.90% | SUE: -4.0 | # QB: 0
Revenue Correlation: 72.84 | Revenue CAGR: 7.60% | SUE: 0.10 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.84 | Chg30d=+0.004 | Revisions Net=-1 | Analysts=12
EPS next Year (2026-12-31): EPS=3.22 | Chg30d=+0.004 | Revisions Net=-3 | Growth EPS=+7.9% | Growth Revenue=+5.3%