The Coca-Cola Company Financial Flexibility Index
The Coca-Cola Company financial flexibility index. The Coca-Cola Company (KO) has a Financial Flexibility Index of 0.09x as of June 2026. Free cash flow of $5.94 Billion (operating CF $5.52 Billion minus capex $418.00 Million) represents 0% of total liabilities ($69.61 Billion). Explore KO capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of The Coca-Cola Company (1989–2025)
Financial flexibility index of The Coca-Cola Company from 1989 to 2025. Historical Financial Flexibility Index trend for The Coca-Cola Company across 37 annual periods. Check KO cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
The Coca-Cola Company Financial Flexibility Index by Year (1989–2025)
The Coca-Cola Company financial flexibility index by year from 1989 to 2025. Year-by-year free cash flow to debt coverage for The Coca-Cola Company. For the full cash flow conversion analysis, see The Coca-Cola Company cash flow conversion.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.13x | $9.52 Billion | $7.41 Billion | $70.54 Billion | ▲ +12.9% |
| 2024 | 0.12x | $8.87 Billion | $6.80 Billion | $74.18 Billion | ▼ -37.6% |
| 2023 | 0.19x | $13.45 Billion | $11.60 Billion | $70.22 Billion | ▲ +2.6% |
| 2022 | 0.19x | $12.50 Billion | $11.02 Billion | $66.94 Billion | ▼ -7.2% |
| 2021 | 0.20x | $13.99 Billion | $12.62 Billion | $69.49 Billion | ▲ +20.6% |
| 2020 | 0.17x | $11.02 Billion | $9.84 Billion | $66.01 Billion | ▼ -13.0% |
| 2019 | 0.19x | $12.53 Billion | $10.47 Billion | $65.28 Billion | ▲ +34.2% |
| 2018 | 0.14x | $9.18 Billion | $7.63 Billion | $64.16 Billion | ▲ +12.2% |
| 2017 | 0.13x | $8.78 Billion | $7.11 Billion | $68.92 Billion | ▼ -26.2% |
| 2016 | 0.17x | $11.06 Billion | $8.80 Billion | $64.05 Billion | ▼ -15.2% |
| 2015 | 0.20x | $13.08 Billion | $10.53 Billion | $64.23 Billion | ▼ -3.9% |
| 2014 | 0.21x | $13.02 Billion | $10.62 Billion | $61.46 Billion | ▼ -8.4% |
| 2013 | 0.23x | $13.09 Billion | $10.54 Billion | $56.62 Billion | ▼ -8.7% |
| 2012 | 0.25x | $13.43 Billion | $10.64 Billion | $53.01 Billion | ▼ -1.8% |
| 2011 | 0.26x | $12.39 Billion | $9.47 Billion | $48.05 Billion | ▼ -8.7% |
| 2010 | 0.28x | $11.75 Billion | $9.53 Billion | $41.60 Billion | ▼ -35.3% |
| 2009 | 0.44x | $10.18 Billion | $8.19 Billion | $23.32 Billion | ▼ -8.3% |
| 2008 | 0.48x | $9.54 Billion | $7.57 Billion | $20.05 Billion | ▲ +16.4% |
| 2007 | 0.41x | $8.80 Billion | $7.15 Billion | $21.52 Billion | ▼ -27.6% |
| 2006 | 0.56x | $7.36 Billion | $5.96 Billion | $13.04 Billion | ▲ +0.8% |
| 2005 | 0.56x | $7.32 Billion | $6.42 Billion | $13.07 Billion | ▲ +28.2% |
| 2004 | 0.44x | $6.72 Billion | $5.97 Billion | $15.39 Billion | ▼ -7.7% |
| 2003 | 0.47x | $6.27 Billion | $5.46 Billion | $13.25 Billion | ▲ +7.4% |
| 2002 | 0.44x | $5.59 Billion | $4.74 Billion | $12.70 Billion | ▼ -0.3% |
| 2001 | 0.44x | $4.88 Billion | $4.11 Billion | $11.05 Billion | ▲ +17.8% |
| 2000 | 0.37x | $4.32 Billion | $3.58 Billion | $11.52 Billion | ▼ -8.3% |
| 1999 | 0.41x | $4.95 Billion | $3.88 Billion | $12.11 Billion | ▲ +2.2% |
| 1998 | 0.40x | $4.30 Billion | $3.43 Billion | $10.74 Billion | ▼ -24.9% |
| 1997 | 0.53x | $5.13 Billion | $4.03 Billion | $9.63 Billion | ▲ +19.6% |
| 1996 | 0.45x | $4.45 Billion | $3.46 Billion | $10.01 Billion | ▲ +6.0% |
| 1995 | 0.42x | $4.05 Billion | $3.12 Billion | $9.65 Billion | ▼ -10.7% |
| 1994 | 0.47x | $4.06 Billion | $3.18 Billion | $8.64 Billion | ▲ +5.7% |
| 1993 | 0.44x | $3.31 Billion | $2.51 Billion | $7.44 Billion | ▼ -3.9% |
| 1992 | 0.46x | $3.32 Billion | $2.23 Billion | $7.16 Billion | ▼ -6.7% |
| 1991 | 0.50x | $2.88 Billion | $2.08 Billion | $5.80 Billion | ▲ +43.5% |
| 1990 | 0.35x | $1.88 Billion | $1.28 Billion | $5.43 Billion | ▲ +3.8% |
| 1989 | 0.33x | $1.60 Billion | $1.13 Billion | $4.80 Billion | — |