The Coca-Cola Company (KO) — Free Cash Flow Generation Index

Latest as of March 2026: 0.87x

The Coca-Cola Company (KO) has a Free Cash Flow Generation Index of 0.87x as of March 2026. Free cash flow of $1.75 Billion represents 1% of operating cash flow ($2.02 Billion). Read how much debt does The Coca-Cola Company carry for a breakdown of total debt and financial obligations.

FCF Generation Index

0.87x
Free Cash Flow / Operating CF

Free Cash Flow

$1.75 Billion
USD

Operating Cash Flow

$2.02 Billion
USD

Capital Expenditures

$266.00 Million
USD

The Coca-Cola Company Free Cash Flow Generation Index (1989–2025)

Historical FCF Generation Index trend for The Coca-Cola Company across 37 annual periods. Explore KO capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for The Coca-Cola Company (1989–2025)

Year-by-year Free Cash Flow Generation Index for The Coca-Cola Company. For the full company profile including market capitalisation, see market cap of The Coca-Cola Company.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.71x $5.30 Billion $7.41 Billion $2.11 Billion ▲ +2.6%
2024 0.70x $4.74 Billion $6.80 Billion $2.06 Billion ▼ -17.1%
2023 0.84x $9.75 Billion $11.60 Billion $1.85 Billion ▼ -2.9%
2022 0.87x $9.53 Billion $11.02 Billion $1.48 Billion ▼ -3.0%
2021 0.89x $11.26 Billion $12.62 Billion $1.37 Billion ▲ +1.3%
2020 0.88x $8.67 Billion $9.84 Billion $1.18 Billion ▲ +9.5%
2019 0.80x $8.42 Billion $10.47 Billion $2.05 Billion ▲ +0.9%
2018 0.80x $6.08 Billion $7.63 Billion $1.55 Billion ▲ +4.3%
2017 0.76x $5.43 Billion $7.11 Billion $1.68 Billion ▲ +2.9%
2016 0.74x $6.53 Billion $8.80 Billion $2.26 Billion ▼ -1.9%
2015 0.76x $7.97 Billion $10.53 Billion $2.55 Billion ▼ -2.0%
2014 0.77x $8.21 Billion $10.62 Billion $2.41 Billion ▲ +2.0%
2013 0.76x $7.99 Billion $10.54 Billion $2.55 Billion ▲ +2.6%
2012 0.74x $7.87 Billion $10.64 Billion $2.78 Billion ▲ +6.8%
2011 0.69x $6.55 Billion $9.47 Billion $2.92 Billion ▼ -9.9%
2010 0.77x $7.32 Billion $9.53 Billion $2.21 Billion ▲ +1.5%
2009 0.76x $6.19 Billion $8.19 Billion $1.99 Billion ▲ +2.2%
2008 0.74x $5.60 Billion $7.57 Billion $1.97 Billion ▼ -3.8%
2007 0.77x $5.50 Billion $7.15 Billion $1.65 Billion ▲ +0.7%
2006 0.76x $4.55 Billion $5.96 Billion $1.41 Billion ▼ -11.2%
2005 0.86x $5.52 Billion $6.42 Billion $899.00 Million ▼ -1.5%
2004 0.87x $5.21 Billion $5.97 Billion $755.00 Million ▲ +2.6%
2003 0.85x $4.64 Billion $5.46 Billion $812.00 Million ▲ +3.7%
2002 0.82x $3.89 Billion $4.74 Billion $851.00 Million ▲ +0.9%
2001 0.81x $3.34 Billion $4.11 Billion $769.00 Million ▲ +2.2%
2000 0.80x $2.85 Billion $3.58 Billion $733.00 Million ▲ +9.8%
1999 0.72x $2.81 Billion $3.88 Billion $1.07 Billion ▼ -3.2%
1998 0.75x $2.57 Billion $3.43 Billion $863.00 Million ▲ +2.7%
1997 0.73x $2.94 Billion $4.03 Billion $1.09 Billion ▲ +2.1%
1996 0.71x $2.47 Billion $3.46 Billion $990.00 Million ▲ +2.1%
1995 0.70x $2.18 Billion $3.12 Billion $937.00 Million ▼ -3.4%
1994 0.72x $2.31 Billion $3.18 Billion $878.00 Million ▲ +6.3%
1993 0.68x $1.71 Billion $2.51 Billion $800.00 Million ▲ +32.3%
1992 0.51x $1.15 Billion $2.23 Billion $1.08 Billion ▼ -17.0%
1991 0.62x $1.29 Billion $2.08 Billion $791.70 Million ▲ +15.2%
1990 0.54x $690.90 Million $1.28 Billion $593.00 Million ▼ -9.2%
1989 0.59x $672.10 Million $1.13 Billion $462.50 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).