Company Overview
Coca-Cola Co is a US beverages company listed on the New York Stock Exchange. It produces and markets nonalcoholic drinks globally, anchored by its flagship Coca-Cola brand and a broad portfolio of sparkling and still beverages. The company’s market capitalization is about USD 335 billion. Its operations emphasize brand strength, global distribution, and consistent cash generation across diverse beverage categories.
Analysis of recent data
FundamentalsCoca-Cola reported USD figures for 2025 with revenue of 47.94 billion, EBIT of 13.76 billion, and net income of 13.14 billion. Revenue grew 1.87% from the prior year, showing modest top-line expansion.
The company’s TTM gross margin of 61.63% and operating margin of 28.55% reflect strong pricing power and cost discipline. Net profit margin stood at 27.34%, supported by efficient operations and brand strength.
Depreciation and amortization totaled 1.05 billion, while capital expenditure reached 2.11 billion. The free cash flow proxy, excluding working capital changes, was 9.84 billion, indicating solid cash generation capacity.
Coca-Cola’s balance sheet shows cash of 10.27 billion versus total debt of 3.37 billion, providing financial flexibility. Interest coverage was not provided.
Valuation
DCF / MultiplesAt USD 77.93 per share, Coca-Cola trades close to its DCF base case fair value of USD 76.15. The DCF range spans USD 48.62 (bear) to USD 112.24 (bull).
The current valuation implies a PE of 25.53 and EV/EBITDA of 23.72, suggesting investors are paying for stability rather than rapid growth. With steady margins and cash flow, the market appears to price in durability over acceleration.
Conclusion
TakeawayCoca-Cola’s valuation reflects confidence in its enduring cash generation. Growth is modest, but profitability remains strong. The balance sheet supports resilience through cycles. For long-term investors, stability may be the main attraction.