The Coca-Cola Company (KO) Return on Invested Capital (ROIC): 13.00%
Is The Coca-Cola Company’s return on invested capital (ROIC) high or low?
The Coca-Cola Company's return on invested capital (ROIC) of 13.00% is 17% above its 5-year average of 11.07%, near the high end of its 5-year range (9.47%–13.00%).
The return on invested capital (ROIC) for The Coca-Cola Company (KO) is 13.00% as of Wednesday, June 10, 2026. It is above its 12-month average by 10.83% (11.73%).
KO Return on Invested Capital (ROIC) Chart
KO Average Return on Invested Capital (ROIC) Chart
KO Current vs Average Return on Invested Capital (ROIC) Chart
KO Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
13.00%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
11.73%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
11.68%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
11.07%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
9.72%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
9.89%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
11.74%
CURRENT VS TTM AVG
+10.83%
CURRENT VS 3Y AVG
+11.28%
CURRENT VS 5Y AVG
+17.38%
CURRENT VS 10Y AVG
+33.73%
CURRENT VS 15Y AVG
+31.42%
CURRENT VS 20Y AVG
+10.74%
KO Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Coca-Cola Company (KO) | — | 13.00% | 11.73% | 11.68% | 11.07% |
| PepsiCo, Inc. (PEP) | $196.99B | 13.29% | 13.51% | 13.40% | 12.79% |
| Monster Beverage Corporation (MNST) | $88.90B | 21.74% | 21.92% | 19.60% | 20.74% |
| Keurig Dr Pepper Inc. (KDP) | $43.78B | 5.62% | 5.39% | 5.34% | 5.09% |
| Constellation Brands, Inc. (STZ) | $24.31B | 10.48% | 8.66% | 6.61% | 5.88% |
| Anheuser-Busch InBev SA/NV (BUD) | $157.86B | 6.32% | 6.27% | 6.16% | 5.06% |
Capital Efficiency
ROIC
13.0%
ROE
40.7%
The Coca-Cola Company Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
The Coca-Cola Company Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (ROIC) for The Coca-Cola Company (KO)?
- The return on invested capital (ROIC) for KO stock is 13.00%.
- Is The Coca-Cola Company's return on invested capital (ROIC) high or low?
- The Coca-Cola Company's return on invested capital (ROIC) of 13.00% is 17% above its 5-year average of 11.07%, near the high end of its 5-year range (9.47%–13.00%).
- What is the TTM average return on invested capital (ROIC) for The Coca-Cola Company (KO)?
- The TTM average return on invested capital (ROIC) for KO stock is 11.73%.
- What is the 3Y average return on invested capital (ROIC) for The Coca-Cola Company (KO)?
- The 3Y average return on invested capital (ROIC) for KO stock is 11.68%.
- What is the 5Y average return on invested capital (ROIC) for The Coca-Cola Company (KO)?
- The 5Y average return on invested capital (ROIC) for KO stock is 11.07%.
- What is the 10Y average return on invested capital (ROIC) for The Coca-Cola Company (KO)?
- The 10Y average return on invested capital (ROIC) for KO stock is 9.72%.
- What is the 15Y average return on invested capital (ROIC) for The Coca-Cola Company (KO)?
- The 15Y average return on invested capital (ROIC) for KO stock is 9.89%.
- What is the 20Y average return on invested capital (ROIC) for The Coca-Cola Company (KO)?
- The 20Y average return on invested capital (ROIC) for KO stock is 11.74%.
The Coca-Cola Company Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 13.00% |
| 2024-12-31 | 10.46% |
| 2023-12-31 | 11.54% |
| 2022-12-31 | 11.73% |
| 2021-12-31 | 10.25% |
| 2020-12-31 | 9.47% |
| 2019-12-31 | 11.21% |
| 2018-12-31 | 9.83% |
| 2017-12-31 | 1.87% |
| 2016-12-31 | 9.08% |
| 2015-12-31 | 8.49% |
| 2014-12-31 | 9.01% |
| 2013-12-31 | 9.59% |
| 2012-12-31 | 10.88% |
| 2011-12-31 | 10.87% |
| 2010-12-31 | 10.99% |
| 2009-12-31 | 15.22% |
| 2008-12-31 | 19.40% |
| 2007-12-31 | 15.26% |
| 2006-12-31 | 20.01% |
| 2005-12-31 | 18.36% |
| 2004-12-31 | 16.83% |
| 2003-12-31 | 18.47% |
| 2002-12-31 | 19.92% |
| 2001-12-31 | 21.00% |
| 2000-12-31 | 14.48% |
| 1999-12-31 | 14.79% |
| 1998-12-31 | 22.56% |
| 1997-12-31 | 26.99% |
| 1996-12-31 | 24.48% |
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