KO COCA COLA CO

Overview and Growth

Fiscal 2025 results for COCA COLA CO combined $47.94B of revenue with net income of $13.11B and an operating cash inflow of $7.41B. The $47.94B revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. Revenue was 1.9% above fiscal 2024 revenue of $47.06B, marking a year-over-year increase. Diluted earnings per share were $3.04, translating the period’s attributable earnings into the amount reported for each diluted share. The per-share result recorded a 23.6% increase from fiscal 2024 diluted EPS of $2.46. Revenue equaled 0.46x of total assets, indicating how much reported top-line activity the company produced relative to its period-end asset base.

Profitability

Gross profit was $29.54B, representing the portion of revenue remaining after the reported cost of revenue and before operating expenses. Gross profit represented 61.6% of revenue, showing how much of the top line remained after direct costs. Operating income was $13.76B, the earnings remaining from reported operations after the company’s recognized operating cost structure. The operating result equaled 28.7% of revenue, placing the absolute operating-income figure in the context of the company’s sales base. After all reported below-operating-line items, the company recorded net income of $13.11B for the fiscal year. The final earnings result represented 27.3% of revenue, connecting the absolute net income figure with the company’s top-line scale. The earnings statement records $16.00B of pretax income, the profit base against which the reported tax provision can be assessed. Pretax income represented 33.4% of revenue, placing earnings before tax in the context of the company’s operating scale. Income tax expense totaled $2.86B, providing the reported tax component that separates pretax and after-tax earnings. The income-tax provision equaled 17.9% of pretax income, showing the tax burden absorbed by the year’s earnings. Return on period-end equity was 38.2%, relating annual net income to the equity capital on the balance sheet.

Liquidity and Capital Structure

The company held $104.82B of assets against $70.54B of liabilities and $34.27B of equity, revealing how the asset base was financed. At period end, current assets of $31.04B compared with current liabilities of $21.28B, defining the company’s short-term resource position. At 1.46x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. The company held $10.27B in cash and equivalents, a narrower liquidity measure than total current assets. The cash balance equaled 48.3% of current liabilities, showing how much near-term coverage came from cash alone. Relative to total assets, liabilities measured 67.3%, complementing the separate equity-based view of the company’s capital structure. Measured against total assets, cash and equivalents represented 9.8%, a balance-sheet composition measure rather than a liquidity forecast. Total assets were 4.2% higher than fiscal 2024 assets of $100.55B, measuring the company’s own balance-sheet change.

Cash Flow and Earnings Quality

Operating activities produced a cash inflow of $7.41B, giving the cash-flow counterpart to the accrual-based profit measures reported for the year. Operating cash flow equaled 0.57x of net income, showing how strongly accounting earnings converted into cash from operations. The cash-flow statement records $2.11B of capital expenditures, the investment amount considered after operating cash generation. Relative to operating cash flow, capital expenditures measured 28.5%, connecting investment intensity with the company’s cash-generation base. After capital spending, free cash flow was $5.30B, leaving cash available for debt reduction, shareholder returns, or further investment. Free cash flow represented 11.0% of revenue, linking post-investment cash generation with the company’s operating scale. Measured against total assets, free cash flow represented 5.1%, showing the cash productivity of the company’s assets.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.