The Coca-Cola Company (KO) — 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). Check The Coca-Cola Company total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
The Coca-Cola Company Financial Flexibility Index (1989–2025)
Historical Financial Flexibility Index trend for The Coca-Cola Company across 37 annual periods. For the full cash flow conversion analysis, see The Coca-Cola Company operating cash flow efficiency.
Annual Financial Flexibility Index for The Coca-Cola Company (1989–2025)
Year-by-year free cash flow to debt coverage for The Coca-Cola Company. Explore The Coca-Cola Company (KO) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
| 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 | — |