Capital Expenditures for Coca-Cola (KO)
According to Coca-Cola's latest reported financial statements, the company's current capital expenditures (TTM) is $2.07B USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
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Latest period
$2.07B
YoY change
+2.3%
5Y CAGR
+12.4%
Peak year (2011)
$2.92B
Cumulative capital expenditures
$54.41B
CapEx history chart for Coca-Cola (KO) from 1989 to 2025
CapEx history table for Coca-Cola (KO) from 1989 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $2.11B | +2.3% | ||
| 2024 | $2.06B | +11.4% | ||
| 2023 | $1.85B | +24.8% | ||
| 2022 | $1.48B | +8.6% | ||
| 2021 | $1.37B | +16.1% | ||
| 2020 | $1.18B | -42.7% | ||
| 2019 | $2.05B | +32.7% | ||
| 2018 | $1.55B | -7.6% | ||
| 2017 | $1.68B | -26.0% | ||
| 2016 | $2.26B | -11.4% | ||
| 2015 | $2.55B | +6.1% | ||
| 2014 | $2.41B | -5.6% | ||
| 2013 | $2.55B | -8.3% | ||
| 2012 | $2.78B | -4.8% | ||
| 2011 | $2.92B | +31.8% | ||
| 2010 | $2.21B | +11.1% | ||
| 2009 | $1.99B | +1.3% | ||
| 2008 | $1.97B | +19.4% | ||
| 2007 | $1.65B | +17.1% | ||
| 2006 | $1.41B | +56.5% | ||
| 2005 | $899.00M | +19.1% | ||
| 2004 | $755.00M | -7.0% | ||
| 2003 | $812.00M | -4.6% | ||
| 2002 | $851.00M | +10.7% | ||
| 2001 | $769.00M | +4.9% | ||
| 2000 | $733.00M | -31.4% | ||
| 1999 | $1.07B | +23.9% | ||
| 1998 | $863.00M | -21.0% | ||
| 1997 | $1.09B | +10.4% | ||
| 1996 | $990.00M | +5.7% | ||
| 1995 | $937.00M | +6.7% | ||
| 1994 | $878.00M | +9.8% | ||
| 1993 | $800.00M | -26.2% | ||
| 1992 | $1.08B | +36.8% | ||
| 1991 | $791.70M | +33.5% | ||
| 1990 | $593.00M | +28.2% | ||
| 1989 | $462.50M | — |
CapEx values are taken from Coca-Cola's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Coca-Cola (KO) capital expenditures totalled $2.11B – edged up 2.3% year-over-year.
Across 2020–2025 (5 years), Coca-Cola capital expenditures produced a CAGR of +12.4% – sustaining 5 straight years of year-over-year growth.
Coca-Cola capital expenditures declined from $2.92B in 2011 to $2.11B in 2025, a 27.7% drawdown.
Across the available history, capital expenditures reached its high of $2.92B in 2011 and its low of $462.50M in 1989.
Among 8 Consumer Defensive peers, Coca-Cola (KO) ranks 5th; the peer median for capital expenditures is $2.67B.
Coca-Cola Capital Expenditures by Year
Coca-Cola Capital Expenditures 2025: $2.11B
Coca-Cola capital expenditures in 2025 was $2.11B, edged up 2.3% from 2024.
Coca-Cola Capital Expenditures 2024: $2.06B
Coca-Cola capital expenditures in 2024 was $2.06B, grew 11.4% from 2023.
Coca-Cola Capital Expenditures 2023: $1.85B
Coca-Cola capital expenditures in 2023 was $1.85B, grew 24.8% from 2022.
Coca-Cola Capital Expenditures 2022: $1.48B
Coca-Cola capital expenditures in 2022 was $1.48B, grew 8.6% from 2021.
Coca-Cola Capital Expenditures 2021: $1.37B
Coca-Cola capital expenditures in 2021 was $1.37B.
See more financial history for Coca-Cola (KO).
Sector peers — CapEx
Companies in the same sector as Coca-Cola, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Walmart Inc. (WMT) | $26.64B | Consumer Defensive |
| Costco Wholesale Corporation (COST) | $5.50B | Consumer Defensive |
| PepsiCo, Inc. (PEP) | $4.42B | Consumer Defensive |
| The Procter & Gamble Company (PG) | $3.77B | Consumer Defensive |
| Philip Morris International Inc. (PM) | $1.57B | Consumer Defensive |
| Mondelez International, Inc. (MDLZ) | $1.28B | Consumer Defensive |
| Altria Group, Inc. (MO) | $216.00M | Consumer Defensive |
| Monster Beverage Corporation (MNST) | $132.28M | Consumer Defensive |
Frequently asked questions
What is Coca-Cola's capital expenditures?
- Latest reported capital expenditures for Coca-Cola (KO) is $2.07B (period ending April 3, 2026).
How has Coca-Cola capital expenditures changed year-over-year?
- Coca-Cola (KO) capital expenditures changed +2.3% year-over-year on the latest annual filing.
What is the long-term growth rate of Coca-Cola capital expenditures?
- Coca-Cola (KO) capital expenditures compound annual growth rate is +12.4% over the most recent 5 years available.
When did Coca-Cola capital expenditures hit its highest annual value?
- Coca-Cola capital expenditures reached its highest annual value of $2.92B in 2011.
What was Coca-Cola capital expenditures in 2024?
- Coca-Cola (KO) capital expenditures in 2024 was $2.06B.
What was Coca-Cola capital expenditures in 2025?
- Coca-Cola (KO) capital expenditures in 2025 was $2.11B.
Metrics overview
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