Coca Cola annual free cash flow
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2024
2025
Coca Cola Free Cash Flow (FCF) History (KO)
Coca Cola reported $5.30B in free cash flow for fiscal 2025, an increase of 11.71% from the previous fiscal year, with a free cash flow margin of 11.05%.
View full Coca Cola company overviewCoca Cola free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $5.30B | $555.0M | +11.71% | +11.05% |
| 2024 | 2024-12-31 | $4.74B | −$5.01B | −51.36% | +10.07% |
| 2023 | 2023-12-31 | $9.75B | $213.0M | +2.23% | +21.30% |
| 2022 | 2022-12-31 | $9.53B | −$1.72B | −15.31% | +22.17% |
| 2021 | 2021-12-31 | $11.26B | $2.59B | +29.90% | +29.12% |
| 2020 | 2020-12-31 | $8.67B | $250.0M | +2.97% | +26.25% |
| 2019 | 2019-12-31 | $8.42B | $2.34B | +38.46% | +22.59% |
| 2018 | 2018-12-31 | $6.08B | $788.0M | +14.89% | +17.72% |
| 2017 | 2017-12-31 | $5.29B | −$1.24B | −18.97% | +14.61% |
| 2016 | 2016-12-31 | $6.53B | −$1.45B | −18.12% | +15.60% |
| 2015 | 2015-12-31 | $7.97B | −$234.0M | −2.85% | +18.00% |
| 2014 | 2014-12-31 | $8.21B | $217.0M | +2.72% | +17.85% |
| 2013 | 2013-12-31 | $7.99B | $127.0M | +1.61% | +17.06% |
| 2012 | 2012-12-31 | $7.87B | $1.31B | +20.00% | +16.38% |
| 2011 | 2011-12-31 | $6.55B | −$763.0M | −10.43% | +14.08% |
| 2010 | 2010-12-31 | $7.32B | $1.12B | +18.15% | +20.83% |
| 2009 | 2009-12-31 | $6.19B | $590.0M | +10.53% | +19.98% |
| 2008 | 2008-12-31 | $5.60B | $101.0M | +1.84% | +17.54% |
| 2007 | 2007-12-31 | $5.50B | — | — | +19.07% |
Coca Cola quarterly free cash flow
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Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $5.10B | $1.74B | +51.50% | +38.15% |
| Q1 2026 | 2026-04-03 | $1.75B | $7.27B | — | +14.07% |
| Q4 2025 | 2025-12-31 | $2.87B | −$274.0M | −8.70% | +24.31% |
| Q3 2025 | 2025-09-26 | $4.56B | $6.29B | — | +36.64% |
| Q2 2025 | 2025-06-27 | $3.37B | $206.0M | +6.51% | +26.88% |
| Q1 2025 | 2025-03-28 | −$5.51B | −$5.67B | — | −49.52% |
| Q4 2024 | 2024-12-31 | $3.15B | $1.33B | +73.06% | +27.27% |
| Q3 2024 | 2024-09-27 | −$1.73B | −$5.64B | — | −14.58% |
| Q2 2024 | 2024-06-28 | $3.16B | −$967.0M | −23.41% | +25.58% |
| Q1 2024 | 2024-03-29 | $158.0M | $274.0M | — | +1.40% |
| Q4 2023 | 2023-12-31 | $1.82B | −$423.0M | −18.87% | +16.77% |
| Q3 2023 | 2023-09-29 | $3.91B | $681.0M | +21.06% | +32.74% |
| Q2 2023 | 2023-06-30 | $4.13B | $477.0M | +13.06% | +34.50% |
| Q1 2023 | 2023-03-31 | −$116.0M | −$522.0M | — | −1.06% |
| Q4 2022 | 2022-12-31 | $2.24B | −$513.0M | −18.62% | +22.14% |
| Q3 2022 | 2022-09-30 | $3.23B | −$195.0M | −5.69% | +29.22% |
| Q2 2022 | 2022-07-01 | $3.65B | −$2.0M | −0.05% | +32.26% |
| Q1 2022 | 2022-04-01 | $406.0M | −$1.01B | −71.41% | +3.87% |
| Q4 2021 | 2021-12-31 | $2.75B | −$451.0M | −14.07% | +29.11% |
| Q3 2021 | 2021-10-01 | $3.43B | $217.0M | +6.76% | +34.14% |
| Q2 2021 | 2021-07-02 | $3.65B | $1.63B | +80.85% | +36.08% |
| Q1 2021 | 2021-04-02 | $1.42B | $1.19B | +520.09% | +15.74% |
| Q4 2020 | 2020-12-31 | $3.21B | $1.35B | +73.11% | +37.23% |
| Q3 2020 | 2020-09-25 | $3.21B | $380.0M | +13.42% | +37.11% |
| Q2 2020 | 2020-06-26 | $2.02B | −$1.31B | −39.38% | +28.27% |
| Q1 2020 | 2020-03-27 | $229.0M | −$171.0M | −42.75% | +2.66% |
| Q4 2019 | 2019-12-31 | $1.85B | $205.0M | +12.45% | +20.42% |
| Q3 2019 | 2019-09-27 | $2.83B | $396.0M | +16.26% | +29.78% |
| Q2 2019 | 2019-06-28 | $3.33B | $1.68B | +101.09% | +33.35% |
| Q1 2019 | 2019-03-29 | $400.0M | $61.0M | +17.99% | +4.60% |
| Q4 2018 | 2018-12-31 | $1.65B | $1.08B | +190.48% | +19.43% |
| Q3 2018 | 2018-09-28 | $2.44B | $270.0M | +12.47% | +27.75% |
| Q2 2018 | 2018-06-29 | $1.66B | −$555.0M | −25.08% | +17.60% |
| Q1 2018 | 2018-03-30 | $339.0M | −$7.0M | −2.02% | +4.45% |
| Q4 2017 | 2017-12-31 | $567.0M | −$801.0M | −58.55% | +6.82% |
| Q3 2017 | 2017-09-29 | $2.17B | −$262.0M | −10.80% | +23.85% |
| Q2 2017 | 2017-06-30 | $2.21B | −$454.0M | −17.02% | +22.81% |
| Q1 2017 | 2017-03-31 | $346.0M | $278.0M | +408.82% | +3.79% |
| Q4 2016 | 2016-12-31 | $1.37B | $113.0M | +9.00% | +14.54% |
| Q3 2016 | 2016-09-30 | $2.43B | −$289.0M | −10.64% | +22.83% |
| Q2 2016 | 2016-07-01 | $2.67B | −$279.0M | −9.47% | +23.11% |
| Q1 2016 | 2016-04-01 | $68.0M | −$990.0M | −93.57% | +0.66% |
| Q4 2015 | 2015-12-31 | $1.25B | −$593.0M | −32.09% | +12.55% |
| Q3 2015 | 2015-10-02 | $2.72B | −$205.0M | −7.02% | +23.77% |
| Q2 2015 | 2015-07-03 | $2.95B | $123.0M | +4.36% | +24.23% |
| Q1 2015 | 2015-04-03 | $1.06B | $441.0M | +71.47% | +9.88% |
| Q4 2014 | 2014-12-31 | $1.85B | −$57.0M | −2.99% | +17.00% |
| Q3 2014 | 2014-09-26 | $2.92B | −$279.0M | −8.72% | +24.39% |
| Q2 2014 | 2014-06-27 | $2.82B | −$84.0M | −2.89% | +22.45% |
| Q1 2014 | 2014-03-28 | $617.0M | $637.0M | — | +5.83% |
| Q4 2013 | 2013-12-31 | $1.91B | −$91.0M | −4.56% | +17.26% |
| Q3 2013 | 2013-09-27 | $3.20B | $204.0M | +6.81% | +26.60% |
| Q2 2013 | 2013-06-28 | $2.91B | −$65.0M | −2.19% | +22.80% |
| Q1 2013 | 2013-03-29 | −$20.0M | $79.0M | — | −0.18% |
| Q4 2012 | 2012-12-31 | $2.00B | $327.0M | +19.59% | +17.42% |
| Q3 2012 | 2012-09-28 | $3.00B | $563.0M | +23.14% | +24.28% |
| Q2 2012 | 2012-06-29 | $2.97B | $389.0M | +15.06% | +22.71% |
| Q1 2012 | 2012-03-30 | −$99.0M | $32.0M | — | −0.89% |
| Q4 2011 | 2011-12-31 | $1.67B | $241.0M | +16.88% | +15.12% |
| Q3 2011 | 2011-09-30 | $2.43B | −$39.0M | −1.58% | +19.86% |
| Q2 2011 | 2011-07-01 | $2.58B | $99.0M | +3.99% | +20.28% |
| Q1 2011 | 2011-04-01 | −$131.0M | −$1.06B | — | −1.25% |
| Q4 2010 | 2010-12-31 | $1.43B | $106.0M | +8.02% | +13.61% |
| Q3 2010 | 2010-10-01 | $2.47B | $283.0M | +12.93% | +29.34% |
| Q2 2010 | 2010-07-02 | $2.48B | $208.0M | +9.14% | +28.64% |
| Q1 2010 | 2010-04-02 | $933.0M | $527.0M | +129.80% | +12.40% |
| Q4 2009 | 2009-12-31 | $1.32B | — | — | +17.60% |
| Q3 2009 | 2009-10-02 | $2.19B | $213.0M | +10.78% | +27.21% |
| Q2 2009 | 2009-07-03 | $2.28B | — | — | +27.53% |
| Q1 2009 | 2009-04-03 | $406.0M | — | — | +5.66% |
| Q3 2008 | 2008-09-26 | $1.98B | — | — | +23.54% |
Coca Cola free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from $8.67B to $5.30B, a compound annual decline of 9.38%. Coca Cola's latest reported quarter, Q2 2026, generated $5.10B in free cash flow, an increase of 51.50% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
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