The Coca-Cola Company (KO) — Financial Flexibility Index

Latest as of March 2026: 0.03x

The Coca-Cola Company (KO) has a Financial Flexibility Index of 0.03x as of March 2026. Free cash flow of $2.29 Billion (operating CF $2.02 Billion minus capex $266.00 Million) represents 0% of total liabilities ($68.48 Billion). Also explore KO net assets growth trend to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.03x
Free Cash Flow / Total Liabilities

Free Cash Flow

$2.29 Billion
Operating CF − Capex

Total Liabilities

$68.48 Billion
USD

Capital Expenditures

$266.00 Million
USD

The Coca-Cola Company Financial Flexibility Index (1989–2025)

Historical Financial Flexibility Index trend for The Coca-Cola Company across 37 annual periods. Check The Coca-Cola Company strategic asset allocation index to assess the company's strategic physical and investment asset allocation.

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. For the full company profile including market capitalisation, see The Coca-Cola Company (KO) market capitalisation.

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
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities