Question 1

What is Coca-Cola's P/E ratio?

Accepted Answer

Coca-Cola (KO) P/E ratio is 25.0× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Coca-Cola?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Coca-Cola specifically, the relevant sector benchmark is the current sector median of 22.9×.

Question 5

Is Coca-Cola's P/E ratio high or low?

Accepted Answer

Coca-Cola's P/E ratio of 25.0× is below its own 5-year average of 25.7× and above the sector median of 22.9×. That places the current reading at the 28th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Coca-Cola's historical P/E ratio range?

Accepted Answer

In the available daily series, Coca-Cola (KO) P/E ratio has ranged from a low of 12.2× in 2011 to a high of 156.6× in 2017. The 5-year average is 25.7× and the 5-year median is 25.5×.

Question 7

What was Coca-Cola's P/E ratio in 2025?

Accepted Answer

Coca-Cola (KO) P/E ratio at the end of 2025 was 22.9×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Coca-Cola's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$300.75B	$13.11B	22.9×	-2.3×	Dec 31, 2025
2024	$268.28B	$10.63B	25.2×	+1.5×	Dec 31, 2024
2023	$254.40B	$10.71B	23.7×	-5.1×	Dec 31, 2023
2022	$275.18B	$9.54B	28.8×	+2.7×	Dec 31, 2022
2021	$255.85B	$9.77B	26.2×	-4.3×	Dec 31, 2021
2020	$235.81B	$7.75B	30.4×	+3.9×	Dec 31, 2020
2019	$237.01B	$8.92B	26.6×	-4.8×	Dec 31, 2019
2018	$201.81B	$6.43B	31.4×	-125.3×	Dec 31, 2018
2017	$195.49B	$1.25B	156.6×	+129.3×	Dec 31, 2017
2016	$178.40B	$6.53B	27.3×	+2.0×	Dec 31, 2016
2015	$186.27B	$7.35B	25.3×	-0.7×	Dec 31, 2015
2014	$184.71B	$7.10B	26.0×	+4.8×	Dec 31, 2014
2013	$182.18B	$8.58B	21.2×	+3.2×	Dec 31, 2013
2012	$162.36B	$9.02B	18.0×	-0.5×	Dec 31, 2012
2011	$158.68B	$8.58B	18.5×	+5.6×	Dec 31, 2011
2010	$152.02B	$11.81B	12.9×	-6.5×	Dec 31, 2010
2009	$131.90B	$6.82B	19.3×	+1.3×	Dec 31, 2009
2008	$104.69B	$5.81B	18.0×	-5.7×	Dec 31, 2008
2007	$142.16B	$5.98B	23.8×	+1.7×	Dec 31, 2007
2006	$112.01B	$5.08B	22.0×	+2.5×	Dec 31, 2006
2005	$95.36B	$4.87B	19.6×	-1.1×	Dec 31, 2005
2004	$100.31B	$4.85B	20.7×	-7.8×	Dec 31, 2004
2003	$123.85B	$4.35B	28.5×	-7.8×	Dec 31, 2003
2002	$108.24B	$2.98B	36.3×	+6.8×	Dec 31, 2002
2001	$117.14B	$3.97B	29.5×	—	Dec 31, 2001


Tootsie Roll Industries (TR)	32.2×
Church & Dwight Co. (CHD)	30.1×
Mondelez International (MDLZ)	28.5×
Hormel Foods (HRL)	25.3×
PepsiCo (PEP)	23.5×
Philip Morris International (PM)	23.3×
Sysco (SYY)	22.6×
Lamb Weston (LW)	21.9×
Marzetti (MZTI)	21.5×
Procter & Gamble (PG)	20.9×
Kenvue (KVUE)	20.4×
Keurig Dr Pepper (KDP)	19.5×
Andersons (ANDE)	19.0×
Target (TGT)	17.0×
Clorox (CLX)	16.6×
Brown-Forman (BF-B)	16.5×
Constellation Brands (STZ)	16.2×
Dollar General (DG)	16.1×
Kimberly-Clark (KMB)	15.1×
Campbell Soup (CPB)	14.9×
Dollar Tree (DLTR)	14.5×
Altria Group (MO)	13.7×
McCormick & Company (MKC)	11.6×
General Mills (GIS)	11.1×
Coca-Cola Europacific Partners (CCEP)	10.9×

P/E Ratio for Coca-Cola (KO)

P/E Ratio daily chart for Coca-Cola (KO)

Historical P/E Ratio for Coca-Cola (KO) from 2001 to 2025

About P/E Ratio at Coca-Cola (KO)

Coca-Cola P/E Ratio by Year

Coca-Cola P/E Ratio 2025: 22.9×

Coca-Cola P/E Ratio 2024: 25.2×

Coca-Cola P/E Ratio 2023: 23.7×

Coca-Cola P/E Ratio 2022: 28.8×

Coca-Cola P/E Ratio 2021: 26.2×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Coca-Cola (KO) Key Financials

P/E Ratio daily chart for Coca-Cola (KO)

Historical P/E Ratio for Coca-Cola (KO) from 2001 to 2025

About P/E Ratio at Coca-Cola (KO)

Coca-Cola P/E Ratio by Year

Coca-Cola P/E Ratio 2025: 22.9×

Coca-Cola P/E Ratio 2024: 25.2×

Coca-Cola P/E Ratio 2023: 23.7×

Coca-Cola P/E Ratio 2022: 28.8×

Coca-Cola P/E Ratio 2021: 26.2×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is Coca-Cola's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

+What is a good P/E ratio for Coca-Cola?

+Is Coca-Cola's P/E ratio high or low?

+What is Coca-Cola's historical P/E ratio range?

+What was Coca-Cola's P/E ratio in 2025?

+Why does Coca-Cola's P/E ratio change over time?

Coca-Cola (KO) Key Financials