Coca-Cola Co

Coca-Cola Co

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Market Cap$377.38B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Coca-Cola CoCoca-Cola Co26.32.37%40%7.91.2

Earnings Call Q2 2026

July 28, 2026 - AI Summary

Strong Q2 and H1 performance; broad-based growth - Organic revenue +6% and unit case volume +5% in Q2 (benefited from easier prior-year comparisons, FIFA World Cup activation, and favorable weather in some markets). - On a 2-year average, volume +2% (suggesting more “underlying” growth vs. pure comp effects). - Price/mix +2%; concentrate volume ~1 pt behind unit case (timing of concentrate shipments). - Double-digit earnings growth: comparable EPS $0.97, +11% (includes ~2 pts currency tailwind). - Gained value share and expanded margins while still investing behind brands.
Margins up while continuing to invest (good) - Comparable gross margin +~120 bps and operating margin +~90 bps in Q2, driven by underlying expansion plus currency tailwinds. - Management framed this as support for the long-term margin algorithm: continue to improve quality top-line, manage the cost base, and sustain investment. - Key “structural” positive: refranchising benefit expected as CCBA moves out (helping margins later in 2026).
Updated 2026 outlook raised/confirmed at the high end; specific EPS and revenue targets - Company expects high end of prior revenue guidance with ~5% organic revenue growth (vs prior expectations, supported by strong first half). - Expects comparable currency-neutral EPS growth (ex acquisitions/divestitures) of ~7% to 8%. - Comparable EPS growth overall: ~9% to 10% vs. $3 in 2025 (per management’s updated outlook). - Free cash flow ~ $6.9B in Q2; balance sheet remains strong with net debt leverage 1.4x EBITDA (below target 2.0x–2.5x), giving flexibility for reinvestment/capital return. - Calendar item: Q4 has 6 fewer days, and concentrate shipments are expected to lag unit case volume by ~1 pt in Q3, and slightly trail for full year.

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$92.94

Target Price by Analysts

6.3% upsideCoca-Cola Target Price DetailsTarget Price
$51.70

Current Fair Value

40.9% downside

Overvalued by 40.9% based on the discounted cash flow analysis.

Share Statistics

Market cap$377.38 Billion
Enterprise Value$408.79 Billion
Dividend Yield$2.08 (2.37%)
Earnings per Share$3.05
Beta0.34
Outstanding Shares4,302,000,000

Return

Return on Equity39.60%ROE
Return on Assets13.27%
Return on Invested Capital21.97%

Valuation & Multiples

P/E Ratio26.34P/E Ratio
PEG163.18PEG
Price to Sales7.95Price to Sales
Price to Book Ratio10.93Price to Book Ratio
Enterprise Value to Revenue8.15
Enterprise Value to EBIT22.5
Enterprise Value to Net Income28
Total Debt to Enterprise0.11
Debt to Equity1.23Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
July 28, 2026
EPS Estimate
$0.92
Average shareholder expectation
Revenue Estimate
$13.17 B
Average shareholder expectation

Next Earnings Call

Expected Date
October 20, 2026
EPS Estimate
$0.86
Average shareholder expectation
Revenue Estimate
$12.90 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio2.8966 198.26%
Total Calls1,049,809 96.54%
Total Puts3,040,900 89.04%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %20.72% 53.20%
Total Invested$72.65B 69.96%
Investors Holding2,413 1243.00%

ESG Score

No data

About Coca-Cola Co

86,200 employees
CEO: James Quincey

The Coca-Cola Company is a total beverage company with products sold in more than 200 countries and territories. The company’s purpose is to refresh the world and make a difference. The Company's portfolio of brands includes Coca-Cola, S...