The Coca-Cola Company (KO) Operating Margin: 29.34%
Is The Coca-Cola Company’s operating margin high or low?
The Coca-Cola Company's operating margin of 29.34% is 14% above its 5-year average of 25.66%, near the high end of its 5-year range (21.23%–28.71%).
The operating margin for The Coca-Cola Company (KO) is 29.34% as of Wednesday, June 10, 2026. It is above its 12-month average by 17.50% (24.97%).
KO Operating Margin Chart
KO Average Operating Margin Chart
KO Current vs Average Operating Margin Chart
KO Operating Margin Metrics
OPERATING MARGIN
29.34%
OPERATING MARGIN AVG TTM
24.97%
OPERATING MARGIN AVG 3Y
25.01%
OPERATING MARGIN AVG 5Y
25.66%
OPERATING MARGIN AVG 10Y
24.50%
OPERATING MARGIN AVG 15Y
23.79%
OPERATING MARGIN AVG 20Y
24.35%
CURRENT VS TTM AVG
+17.50%
CURRENT VS 3Y AVG
+17.32%
CURRENT VS 5Y AVG
+14.35%
CURRENT VS 10Y AVG
+19.76%
CURRENT VS 15Y AVG
+23.31%
CURRENT VS 20Y AVG
+20.49%
KO Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Coca-Cola Company (KO) | $360.42B | 29.34% | 24.97% | 25.01% | 25.66% |
| PepsiCo, Inc. (PEP) | $196.99B | 14.79% | 14.20% | 13.71% | 13.86% |
| Monster Beverage Corporation (MNST) | $88.90B | 29.34% | 27.47% | 26.85% | 29.22% |
| Keurig Dr Pepper Inc. (KDP) | $43.78B | 21.29% | 21.78% | 21.23% | 21.52% |
| Constellation Brands, Inc. (STZ) | $24.31B | 31.33% | 33.39% | 32.47% | 32.66% |
| Anheuser-Busch InBev SA/NV (BUD) | $157.86B | 31.82% | 26.14% | 25.23% | 24.48% |
Operating Efficiency
Gross Margin
61.7%
Operating Margin
29.3%
The Coca-Cola Company Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
The Coca-Cola Company Operating Margin FAQ
- What is the operating margin for The Coca-Cola Company (KO)?
- The operating margin for KO stock is 29.34%.
- Is The Coca-Cola Company's operating margin high or low?
- The Coca-Cola Company's operating margin of 29.34% is 14% above its 5-year average of 25.66%, near the high end of its 5-year range (21.23%–28.71%).
- What is the TTM average operating margin for The Coca-Cola Company (KO)?
- The TTM average operating margin for KO stock is 24.97%.
- What is the 3Y average operating margin for The Coca-Cola Company (KO)?
- The 3Y average operating margin for KO stock is 25.01%.
- What is the 5Y average operating margin for The Coca-Cola Company (KO)?
- The 5Y average operating margin for KO stock is 25.66%.
- What is the 10Y average operating margin for The Coca-Cola Company (KO)?
- The 10Y average operating margin for KO stock is 24.50%.
- What is the 15Y average operating margin for The Coca-Cola Company (KO)?
- The 15Y average operating margin for KO stock is 23.79%.
- What is the 20Y average operating margin for The Coca-Cola Company (KO)?
- The 20Y average operating margin for KO stock is 24.35%.
The Coca-Cola Company Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2025-12-31 | 28.71% |
| 2024-12-31 | 21.23% |
| 2023-12-31 | 24.72% |
| 2022-12-31 | 25.37% |
| 2021-12-31 | 26.67% |
| 2020-12-31 | 27.25% |
| 2019-12-31 | 27.06% |
| 2018-12-31 | 26.68% |
| 2017-12-31 | 21.42% |
| 2016-12-31 | 20.68% |
| 2015-12-31 | 19.70% |
| 2014-12-31 | 21.11% |
| 2013-12-31 | 21.83% |
| 2012-12-31 | 22.45% |
| 2011-12-31 | 21.86% |
| 2010-12-31 | 23.96% |
| 2009-12-31 | 26.56% |
| 2008-12-31 | 26.44% |
| 2007-12-31 | 25.13% |
| 2006-12-31 | 26.19% |
| 2005-12-31 | 26.34% |
| 2004-12-31 | 26.21% |
| 2003-12-31 | 24.81% |
| 2002-12-31 | 27.90% |
| 2001-12-31 | 30.50% |
| 2000-12-31 | 18.56% |
| 1999-12-31 | 20.65% |
| 1998-12-31 | 26.40% |
| 1997-12-31 | 26.51% |
| 1996-12-31 | 20.97% |
Related Metrics
About The Coca-Cola Company
The Coca-Cola Company, a prominent global entity in the beverage sector, is dedicated to the creation, marketing, and worldwide sale of a broad spectrum of non-alcoholic refreshments. Its extensive product range encompasses effervescent soft drinks, including various flavored options; still and sparkling waters; sports beverages, coffees, and teas; diverse fruit juices; fortified dairy drinks; and plant-based alternatives, among other liquid offerings. In addition to finished products, the company provides beverage concentrates and syrups, specifically supplying fountain syrups to food service establishments like restaurants and convenience stores. These products are offered under an expansive portfolio of globally recognized brands, such as Coca-Cola, Diet Coke, Fanta, Sprite, Simply, Fresca, Powerade, Dasani, and Minute Maid, to name just a few. The organization leverages a sophisticated distribution network, involving independent bottling partners, a variety of distributors, wholesalers, and retailers, complemented by its own bottling and distribution operations. Established in 1886, the enterprise's central operations are based in Atlanta, Georgia.
- Sector
- Consumer Defensive
- Industry
- Beverages - Non-Alcoholic
- CEO
- Henrique Braun