TTM
61.9%
YoY change
+0.56pp
Trough year (FY1985)
51.0%
Peak year (FY1998)
73.5%
Latest annual
61.6%
Gross Margin history chart for Coca-Cola (KO) from 2016 to 2025
Latest: 61.6%
Gross Margin change chart for Coca-Cola (KO) from 2016 to 2025
Latest: +0.56pp
Gross Margin history table for Coca-Cola (KO) from 1985 to 2025
| FY2025 | 61.6% | +0.56pp | ||
| FY2024 | 61.1% | +1.54pp | ||
| FY2023 | 59.5% | +1.38pp | ||
| FY2022 | 58.1% | -2.13pp | ||
| FY2021 | 60.3% | +0.96pp | ||
| FY2020 | 59.3% | -1.46pp | ||
| FY2019 | 60.8% | -1.13pp | ||
| FY2018 | 61.9% | -0.21pp | ||
| FY2017 | 62.1% | +1.44pp | ||
| FY2016 | 60.7% | +0.14pp | ||
| FY2015 | 60.5% | -0.58pp | ||
| FY2014 | 61.1% | +0.42pp | ||
| FY2013 | 60.7% | +0.36pp | ||
| FY2012 | 60.3% | -0.54pp | ||
| FY2011 | 60.9% | -2.99pp | ||
| FY2010 | 63.9% | -0.36pp | ||
| FY2009 | 64.2% | -0.17pp | ||
| FY2008 | 64.4% | +0.45pp | ||
| FY2007 | 63.9% | -2.17pp | ||
| FY2006 | 66.1% | +1.58pp | ||
| FY2005 | 64.5% | -0.17pp | ||
| FY2004 | 64.7% | +1.59pp | ||
| FY2003 | 63.1% | -0.57pp | ||
| FY2002 | 63.7% | -1.87pp | ||
| FY2001 | 65.6% | -3.26pp | ||
| FY2000 | 68.8% | -0.03pp | ||
| FY1999 | 68.8% | -4.64pp | ||
| FY1998 | 73.5% | +2.04pp | ||
| FY1997 | 71.4% | +4.13pp | ||
| FY1996 | 67.3% | +2.49pp | ||
| FY1995 | 64.8% | +0.41pp | ||
| FY1994 | 64.4% | -1.20pp | ||
| FY1993 | 65.6% | +1.81pp | ||
| FY1992 | 63.8% | +1.71pp | ||
| FY1991 | 62.1% | +0.82pp | ||
| FY1990 | 61.3% | +2.63pp | ||
| FY1989 | 58.6% | +1.00pp | ||
| FY1988 | 57.6% | +3.10pp | ||
| FY1987 | 54.5% | +3.37pp | ||
| FY1986 | 51.2% | +0.22pp | ||
| FY1985 | 51.0% | — |
- FY202561.6%+0.56pp
- FY202461.1%+1.54pp
- FY202359.5%+1.38pp
- FY202258.1%-2.13pp
- FY202160.3%+0.96pp
- FY202059.3%-1.46pp
- FY201960.8%-1.13pp
- FY201861.9%-0.21pp
- FY201762.1%+1.44pp
- FY201660.7%+0.14pp
- FY201560.5%-0.58pp
- FY201461.1%+0.42pp
- FY201360.7%+0.36pp
- FY201260.3%-0.54pp
- FY201160.9%-2.99pp
- FY201063.9%-0.36pp
- FY200964.2%-0.17pp
- FY200864.4%+0.45pp
- FY200763.9%-2.17pp
- FY200666.1%+1.58pp
- FY200564.5%-0.17pp
- FY200464.7%+1.59pp
- FY200363.1%-0.57pp
- FY200263.7%-1.87pp
- FY200165.6%-3.26pp
- FY200068.8%-0.03pp
- FY199968.8%-4.64pp
- FY199873.5%+2.04pp
- FY199771.4%+4.13pp
- FY199667.3%+2.49pp
- FY199564.8%+0.41pp
- FY199464.4%-1.20pp
- FY199365.6%+1.81pp
- FY199263.8%+1.71pp
- FY199162.1%+0.82pp
- FY199061.3%+2.63pp
- FY198958.6%+1.00pp
- FY198857.6%+3.10pp
- FY198754.5%+3.37pp
- FY198651.2%+0.22pp
- FY198551.0%—
Gross Margin values are taken from Coca-Cola's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at Coca-Cola (KO)
According to Coca-Cola's latest reported financial statements, the company's latest reported gross margin is 61.9%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Coca-Cola (KO) reported gross margin of 61.63% – expanded 0.6 percentage points year-over-year.
1998 marks the peak gross margin at 73.48%, with the historical low of 50.95% recorded in 1985.
Coca-Cola Gross Margin by Year
Coca-Cola Gross Margin 2025: 61.6%
Coca-Cola gross margin in 2025 was 61.63%, expanded 0.6 percentage points from 2024.
Coca-Cola Gross Margin 2024: 61.1%
2024's gross margin for Coca-Cola came in at 61.06%, expanded 1.5 percentage points from 2023.
Coca-Cola Gross Margin 2023: 59.5%
Coca-Cola posted gross margin of 59.52% in 2023, expanded 1.4 percentage points from 2022.
Coca-Cola Gross Margin 2022: 58.1%
In 2022, Coca-Cola reported gross margin of 58.14%, contracted 2.1 percentage points from 2021.
Coca-Cola Gross Margin 2021: 60.3%
Coca-Cola gross margin in 2021 was 60.27%.
See more financial history for Coca-Cola (KO).
Sector peers by Gross Margin
Consumer Defensive peers of Coca-Cola (KO), ranked by their latest gross margin
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