The Coca-Cola Company (KO) Financial Ratios: P/E, ROE & More

The Coca-Cola Company (KO) Financial Ratios

For fiscal 2025 (fiscal year ended Dec 31, 2025), The Coca-Cola Company had a P/E ratio of 22.94 (down from 25.23), return on equity of 43.3% (up from 39.6%), debt-to-equity of 1.40 (down from 1.77) and a current ratio of 1.46 (up from 1.03). A current ratio of 1.46 means current assets exceed current liabilities. Its dividend yield was 2.92% with a payout ratio of 67.0%.

The Coca-Cola Company Financial Ratios Analysis

Valuation, profitability, leverage, and liquidity ratios

Income Statement Balance Sheet Cash Flow Ratios

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Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Valuation Ratios
P/E Ratio	22.94	25.23	23.78	28.83	26.18	30.42
Forward P/E	21.87	21.38	21.35	25.68	24.88	26.51
P/S Ratio	6.27	5.70	5.57	6.40	6.62	7.14
P/B Ratio	8.77	10.17	9.27	10.65	10.29	11.07
Price/Tangible Book	72.52	-	-	-	-	-
Price/FCF	56.78	56.57	26.14	28.85	22.72	27.19
Price/OCF	40.59	39.41	21.97	24.97	20.26	23.94
PEG Ratio	3.33	3.80	3.61	4.48	2.66	9.52
Enterprise Value Ratios
EV/Revenue	6.99	6.35	6.18	7.08	7.36	8.15
EV/EBITDA	20.84	19.44	19.67	22.40	22.08	23.34
EV/EBIT	22.30	20.91	21.34	24.69	24.89	26.93
EV/FCF	63.28	63.02	29.00	31.96	25.27	31.05
Profitability & Returns
Return on Equity (ROE)	43.32%	39.55%	40.16%	37.77%	42.49%	36.66%
Return on Assets (ROA)	9.15%	9.01%	8.69%	8.24%	7.87%	7.19%
Return on Invested Capital (ROIC)	19.77%	19.91%	19.06%	17.90%	16.21%	14.63%
Return on Capital Employed (ROCE)	18.00%	19.00%	17.90%	16.90%	15.40%	13.70%
Leverage & Solvency Ratios
Debt/Equity	1.40	1.77	1.62	1.64	1.78	2.09
Debt/EBITDA	2.91	2.97	3.02	3.02	3.35	3.74
Debt/FCF	9.05	9.84	4.57	4.43	3.93	5.13
Liquidity Ratios
Current Ratio	1.46	1.03	1.13	1.15	1.13	1.32
Quick Ratio	0.89	0.72	0.72	0.77	0.81	0.96
Efficiency Ratios
Asset Turnover	0.47	0.47	0.48	0.46	0.43	0.38
Inventory Turnover	4.02	4.00	4.28	4.71	4.60	4.04
Yield & Distribution Ratios
Earnings Yield	4.36%	3.96%	4.20%	3.47%	3.82%	3.29%
FCF Yield	1.76%	1.77%	3.83%	3.47%	4.40%	3.68%
Dividend Yield	2.92%	3.11%	3.11%	2.77%	2.84%	3.48%
Payout Ratio	66.98%	78.63%	74.22%	79.82%	74.22%	90.96%
Buyback Yield	0.16%	0.44%	0.25%	-0.23%	-0.39%	-0.21%
Total Return	3.08%	3.55%	3.36%	2.54%	2.45%	3.27%

Source: Company financial statements from annual and quarterly filings. Data as of Jul 3, 2026. Data sources and methodology

Frequently Asked Questions About The Coca-Cola Company Financial Ratios

What is The Coca-Cola Company's P/E ratio?

The Coca-Cola Company's P/E ratio was 22.94 for fiscal 2025 (period ended Dec 31, 2025). It was 25.23 a year earlier.

What is The Coca-Cola Company's return on equity?

The Coca-Cola Company's return on equity (ROE) was 43.3% for fiscal 2025 (period ended Dec 31, 2025). It was 39.6% a year earlier.

What is The Coca-Cola Company's debt-to-equity ratio?

The Coca-Cola Company's debt-to-equity ratio was 1.40 for fiscal 2025 (period ended Dec 31, 2025). It was 1.77 a year earlier.

What is return on equity (ROE)?

Return on equity is net income divided by shareholders' equity. It measures how much profit a company generates from the capital its shareholders have invested. Full definition