Coca-Cola Cash Flow Statement
NYSE: KOConsumer StaplesBeverages (Production/Distribution)USD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Coca-Cola free cash flow
In fiscal 2025, Coca-Cola generated $7.41 billion of operating cash flow and spent $2.11 billion on capital expenditures. That left free cash flow of $5.30 billion, a free-cash-flow margin of 11.0% of revenue. Free cash flow was up 11.7% from the prior year's $4.74 billion.
Coca-Cola returned $9.53 billion to shareholders: $8.78 billion in dividends and $746.0 million in share repurchases, equal to 180% of free cash flow. Free cash flow covered dividend payments 0.6 times.
Summary generated from market data by MetaCap's automated system. Methodology
Coca-Cola cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 13.14B | 10.65B | 10.70B | 9.57B | 9.80B | 7.77B | 8.98B | 6.48B | 1.28B | 6.55B |
| Net Income growth (YoY) | +23.36% | -0.50% | +11.83% | -2.38% | +26.21% | -13.54% | +38.74% | +404.75% | -80.41% | -11.08% |
| Depreciation & Amortization | 1.05B | 1.07B | 1.13B | 1.26B | 1.45B | 1.54B | 1.36B | 1.09B | 1.26B | 1.79B |
| Stock-Based Compensation | 279.00M | 286.00M | 254.00M | 356.00M | 337.00M | 126.00M | 201.00M | 225.00M | 219.00M | 258.00M |
| Change in Working Capital | -7.21B | -6.23B | -846.00M | -605.00M | 1.32B | 690.00M | 366.00M | -1.24B | 3.44B | -225.00M |
| Operating Cash Flow | 7.41B | 6.80B | 11.60B | 11.02B | 12.63B | 9.84B | 10.47B | 7.63B | 7.04B | 8.79B |
| Capital Expenditures | -2.11B | -2.06B | -1.85B | -1.48B | -1.37B | -1.18B | -2.05B | -1.55B | -1.75B | -2.26B |
| Investing Cash Flow | -67.00M | 2.52B | -3.35B | -763.00M | -2.77B | -1.48B | -3.98B | 5.93B | -2.31B | -1.00B |
| Dividends Paid | -8.78B | -8.36B | -7.95B | -7.62B | -7.25B | -7.05B | -6.84B | -6.64B | -6.32B | -6.04B |
| Share Repurchases | -746.00M | -1.79B | -2.29B | -1.42B | -111.00M | -118.00M | -1.10B | -1.91B | -3.68B | -3.68B |
| Debt Issued | 4.98B | 12.06B | 6.89B | 3.97B | 13.09B | 26.93B | 23.01B | 27.61B | 29.93B | 27.28B |
| Debt Repaid | — | — | -5.03B | -4.93B | -12.87B | -28.80B | -24.85B | -30.60B | -28.87B | -25.61B |
| Financing Cash Flow | -8.14B | -6.91B | -8.31B | -10.25B | -6.79B | -8.07B | -9.00B | -10.35B | -7.45B | -6.54B |
| Net Change in Cash | -478.00M | 1.80B | -133.00M | -200.00M | 2.92B | 373.00M | -2.58B | 2.94B | -2.48B | 1.24B |
| Free Cash Flow | 5.30B | 4.74B | 9.75B | 9.53B | 11.26B | 8.67B | 8.42B | 6.08B | 5.29B | 6.53B |
This table shows 10 annual periods of Coca-Cola's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow KO's reporting calendar. What is a cash flow statement?