Market capitalisation
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Share price multiplied by shares outstanding. It does not measure company cash.
Company analysis·KO
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NYSE·KO
The Coca-Cola Company
Share price$95.67Price as of: Nov 6, 2026
The Coca-Cola Company (KO) is a company listed on NYSE, classified under Beverages - Non-Alcoholic.
The Coca-Cola Company manufactures and sells non-alcoholic beverages worldwide, including soft drinks, water, juices, coffee, and tea.
Revenue · FY 2025
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Sales generated during the period, before costs and expenses.
Net margin · FY 2025
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Net income as a proportion of revenue.
“Our take” and other explanations are generated with artificial intelligence from the data, without human review of each text. They are descriptive, not recommendations. Learn more
Explore questions
P1 · What does it do and how does it make money?
Of every $100 it takes in,59 come from Concentrate operations.
Concentrate operations is its largest source of revenue (59.4%), followed by Finished product operations (40.6%). Here you will see what it sells, where, and how that mix is changing.
$48bnrevenue in FY 2025
2business lines with data
41%of sales, in North America
Full fiscal year ended Dec 31, 2025
After that close
Q3 2026, ended Oct 2, 2026: total revenue +7.4% against the same quarter a year earlier.
This is the revenue of the whole company. The split by lines and regions on this page is still that of the full fiscal year.01How it makes money
The data does not separate products from services.
Not all revenue behaves the same way. A one-off sale depends on someone buying again; a service is billed again and again while the customer stays.
Its business lines · FY 2025
02Where revenue comes from
A single line brings in half or more.
Each rectangle is a business line and its size is the share of revenue it brings in. Select one to see the detail.
Area = share of total revenue for the year. It does not show profit: the company does not report what each line earns.
What is a segment's weight?
The part of everything the company takes in that comes from that line. If a line weighs 49%, then of every 100 in sales, 49 come from it.
How to read it
The more a line weighs, the more revenue depends on it. A high weight is neither good nor bad by itself: it shows where to look first.
03Where sales come from
Sales are spread across several regions.
North America is its largest market, with 40.9% of sales. Each square is a region and its area is what it sells there.
Regions from largest to smallest · FY 2025
$16bn (34.2%) of revenue has no segment assigned in the published data.
04How the mix is changing
The mix barely changes.
Weight of each part in 2024 and in 2025. A line gains weight when it grows faster than the total.
pp = percentage points: the difference between two percentages (from 25% to 27% is 2 pp).
05Read with care
What we can deduce from the data. And what we cannot.
We can deduceWe cannot conclude
01
The company depends more on concentrate sales (59.4% of revenue) than finished products, centralizing its exposure in that line.
That profitability is equally tied to finished products: without margin by line, it is unknown if this smaller line leaves as much or more profit per sale.
02
Regional diversification is limited: Latin America shrinks and Pacific grows only slightly (1.7%), so they do not offset the reliance on North America.
That international expansion provides a relevant growth engine in FY 2025: their weight and growth contribution are well below the main market.
Our take
All Coca-Cola's FY 2025 growth depends on North America and concentrate sales, with no significant offset from other regions or product lines.
- 01Shown by the figures
A business highly concentrated in North America
In FY 2025, growth was not spread out: North America, already the main revenue source, absorbed all the increase and offset declines elsewhere. This intensifies the company's reliance on that market.
- 02Shown by the figures
Concentrate operations outweigh all other lines
Concentrate operations make up 59.4% of revenue, concentrating the company's exposure to that product type. Without margins by line, we cannot tell if this also dominates profitability.
- 03Shown by the figures
Geographically diversified, but not in growth
Although it operates in several areas, only North America truly drove advances in FY 2025, while Latin America declined and Pacific added little.
What is not proven
How much profit comes from each product line? If Finished Products yield higher margins, the risk of relying on Concentrates would change.
See the calculations behind it
- North America brings 40.9% of sales (39.6% in FY 2024).
- Concentrate operations weighs more than all the other lines together: 59.4% of revenue in FY 2025.
- North America brought 103.7% of the growth in sales by region in FY 2025, weighing 60.8%.
With data to Nov 4, 2026. Analysis written by a language model from our calculations, which supply every figure. It is not investment advice.
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