The Coca-Cola Company (KO) — Free Cash Flow Generation Index
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). See KO working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
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 cash flow to debt ratio of The Coca-Cola Company to assess how comfortably operating cash covers total debt obligations.
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 KO stock market capitalisation.
| 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 | — |