Free Cash Flow for Coca-Cola (KO)
Free Cash Flow for Coca-Cola (KO): headline value $12.56B · YoY +11.7%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingFree Cash FlowSwitch metric
Latest period
$12.56B
YoY change
+11.7%
5Y CAGR
-9.4%
Peak year (2021)
$11.26B
Latest annual
$5.30B
Free Cash Flow history chart for Coca-Cola (KO) from 1989 to 2025
Free Cash Flow history table for Coca-Cola (KO) from 1989 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | $5.30B | +11.7% | ||
| 2024 | $4.74B | -51.4% | ||
| 2023 | $9.75B | +2.2% | ||
| 2022 | $9.53B | -15.3% | ||
| 2021 | $11.26B | +29.9% | ||
| 2020 | $8.67B | +3.0% | ||
| 2019 | $8.42B | +38.5% | ||
| 2018 | $6.08B | +11.9% | ||
| 2017 | $5.43B | -16.9% | ||
| 2016 | $6.53B | -18.1% | ||
| 2015 | $7.97B | -2.9% | ||
| 2014 | $8.21B | +2.7% | ||
| 2013 | $7.99B | +1.6% | ||
| 2012 | $7.87B | +20.0% | ||
| 2011 | $6.55B | -10.4% | ||
| 2010 | $7.32B | +18.1% | ||
| 2009 | $6.19B | +10.5% | ||
| 2008 | $5.60B | +1.8% | ||
| 2007 | $5.50B | +20.9% | ||
| 2006 | $4.55B | -17.6% | ||
| 2005 | $5.52B | +6.0% | ||
| 2004 | $5.21B | +12.3% | ||
| 2003 | $4.64B | +19.4% | ||
| 2002 | $3.89B | +16.5% | ||
| 2001 | $3.34B | +17.1% | ||
| 2000 | $2.85B | +1.4% | ||
| 1999 | $2.81B | +9.5% | ||
| 1998 | $2.57B | -12.6% | ||
| 1997 | $2.94B | +18.9% | ||
| 1996 | $2.47B | +13.5% | ||
| 1995 | $2.18B | -5.5% | ||
| 1994 | $2.31B | +35.0% | ||
| 1993 | $1.71B | +48.6% | ||
| 1992 | $1.15B | -11.1% | ||
| 1991 | $1.29B | +87.1% | ||
| 1990 | $690.90M | +2.8% | ||
| 1989 | $672.10M | — |
Free Cash Flow 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
The 2025 reading of Coca-Cola (KO) free cash flow is $5.30B – grew 11.7% year-over-year.
Coca-Cola free cash flow has contracted on net over the period, with a -9.4% compound annual growth rate over 2020–2025 (5 years).
Coca-Cola free cash flow plunged from $11.26B in 2021 to $5.30B in 2025, a 53.0% drawdown.
$11.26B stands as the all-time-high annual free cash flow, posted in 2021, against a low of $672.10M during 1989.
Within Consumer Defensive, Coca-Cola (KO) ranks 7th among 8 peers we track. The peer median for free cash flow is $8.46B.
Coca-Cola Free Cash Flow by Year
Coca-Cola Free Cash Flow 2025: $5.30B
Coca-Cola free cash flow in 2025 was $5.30B, grew 11.7% from 2024.
Coca-Cola Free Cash Flow 2024: $4.74B
Coca-Cola free cash flow in 2024 was $4.74B, plunged 51.4% below 2023.
Coca-Cola Free Cash Flow 2023: $9.75B
Coca-Cola free cash flow in 2023 was $9.75B, edged up 2.2% from 2022.
Coca-Cola Free Cash Flow 2022: $9.53B
Coca-Cola free cash flow in 2022 was $9.53B, declined 15.3% below 2021.
Coca-Cola Free Cash Flow 2021: $11.26B
Coca-Cola free cash flow in 2021 was $11.26B.
See more financial history for Coca-Cola (KO).
Sector peers — Free Cash Flow
Companies in the same sector as Coca-Cola, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| Walmart Inc. (WMT) | $14.92B | Consumer Defensive |
| The Procter & Gamble Company (PG) | $14.04B | Consumer Defensive |
| Philip Morris International Inc. (PM) | $10.66B | Consumer Defensive |
| Altria Group, Inc. (MO) | $9.07B | Consumer Defensive |
| Costco Wholesale Corporation (COST) | $7.84B | Consumer Defensive |
| PepsiCo, Inc. (PEP) | $7.67B | Consumer Defensive |
| Mondelez International, Inc. (MDLZ) | $3.23B | Consumer Defensive |
| Monster Beverage Corporation (MNST) | $1.97B | Consumer Defensive |
Frequently asked questions
What is Coca-Cola's free cash flow?
Latest reported free cash flow for Coca-Cola (KO) is $12.56B (period ending April 3, 2026).
How has Coca-Cola free cash flow changed year-over-year?
Coca-Cola (KO) free cash flow changed +11.7% year-over-year on the latest annual filing.
What is the long-term growth rate of Coca-Cola free cash flow?
Coca-Cola (KO) free cash flow compound annual growth rate is -9.4% over the most recent 5 years available.
When did Coca-Cola free cash flow hit its highest annual value?
Coca-Cola free cash flow reached its highest annual value of $11.26B in 2021.
What was Coca-Cola free cash flow in 2024?
Coca-Cola (KO) free cash flow in 2024 was $4.74B.
What was Coca-Cola free cash flow in 2025?
Coca-Cola (KO) free cash flow in 2025 was $5.30B.
Metrics overview
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