The Coca-Cola Company (KO) — Tangible Net Worth Ratio

Latest as of March 2026: 65.1%

The Coca-Cola Company (KO) has a Tangible Net Worth Ratio of 65.1% as of March 2026. This metric is calculated by deducting intangible assets ($12.46 Billion) from net assets ($35.73 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See KO working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

65.1%
Tangible equity / total equity

Net Assets (Equity)

$35.73 Billion
USD

Intangible Assets

$12.46 Billion
Goodwill, patents, brand value

Total Assets

$104.22 Billion
USD

The Coca-Cola Company Tangible Net Worth Ratio (1985–2025)

This chart shows how The Coca-Cola Company's Tangible Net Worth Ratio has changed across 41 annual periods from 1985 to 2025. As of March 2026, the ratio stands at 65.1%, reflecting net assets of $35.73 Billion with intangible assets of $12.46 Billion USD. See The Coca-Cola Company defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for The Coca-Cola Company (1985–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for The Coca-Cola Company from 1985 to 2025, covering 41 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see The Coca-Cola Company market cap and net worth.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 63.4% $34.27 Billion $12.53 Billion $104.82 Billion ▲ +13.9 pp
2024 49.6% $26.37 Billion $13.30 Billion $100.55 Billion ▲ +3.7 pp
2023 45.9% $27.48 Billion $14.87 Billion $97.70 Billion ▲ +3.4 pp
2022 42.5% $25.83 Billion $14.85 Billion $92.76 Billion ▲ +3.8 pp
2021 38.7% $24.86 Billion $15.25 Billion $94.35 Billion ▼ -9.5 pp
2020 48.1% $21.28 Billion $11.04 Billion $87.30 Billion ▼ -4.5 pp
2019 52.6% $21.10 Billion $10.00 Billion $86.38 Billion ▼ -8.2 pp
2018 60.8% $19.06 Billion $7.48 Billion $83.22 Billion ▼ -1.1 pp
2017 61.9% $18.98 Billion $7.24 Billion $87.90 Billion ▲ +7.1 pp
2016 54.8% $23.22 Billion $10.50 Billion $87.27 Billion ▲ +4.6 pp
2015 50.2% $25.76 Billion $12.84 Billion $90.00 Billion ▼ -3.1 pp
2014 53.3% $30.56 Billion $14.27 Billion $92.02 Billion ▼ -0.9 pp
2013 54.2% $33.44 Billion $15.30 Billion $90.06 Billion ▼ -0.3 pp
2012 54.5% $33.17 Billion $15.08 Billion $86.17 Billion ▲ +2.9 pp
2011 51.6% $31.92 Billion $15.45 Billion $79.97 Billion ▼ -23.7 pp
2010 75.3% $31.32 Billion $7.73 Billion $72.92 Billion ▲ +9.3 pp
2009 66.1% $25.35 Billion $8.60 Billion $48.67 Billion ▲ +7.5 pp
2008 58.6% $20.47 Billion $8.48 Billion $40.52 Billion ▼ -4.8 pp
2007 63.4% $21.74 Billion $7.96 Billion $43.27 Billion ▼ -14.6 pp
2006 77.9% $16.92 Billion $3.73 Billion $29.96 Billion ▼ -5.1 pp
2005 83.0% $16.36 Billion $2.77 Billion $29.43 Billion ▲ +7.1 pp
2004 75.9% $15.94 Billion $3.84 Billion $31.33 Billion ▲ +4.2 pp
2003 71.7% $14.09 Billion $3.99 Billion $27.34 Billion ▲ +1.8 pp
2002 69.9% $11.80 Billion $3.55 Billion $24.50 Billion ▼ -7.4 pp
2001 77.3% $11.37 Billion $2.58 Billion $22.42 Billion ▼ -2.1 pp
2000 79.4% $9.32 Billion $1.92 Billion $20.83 Billion ▲ +0.0 pp
1999 79.4% $9.51 Billion $1.96 Billion $21.62 Billion ▼ -14.1 pp
1998 93.5% $8.40 Billion $547.00 Million $19.14 Billion ▲ +3.4 pp
1997 90.1% $7.31 Billion $727.00 Million $16.94 Billion ▲ +2.3 pp
1996 87.8% $6.16 Billion $753.00 Million $16.16 Billion ▲ +5.3 pp
1995 82.5% $5.39 Billion $944.00 Million $15.04 Billion ▼ -4.9 pp
1994 87.4% $5.24 Billion $660.00 Million $13.87 Billion ▼ -0.6 pp
1993 88.0% $4.58 Billion $549.00 Million $12.02 Billion ▼ -2.1 pp
1992 90.1% $3.89 Billion $383.30 Million $11.05 Billion ▼ -3.0 pp
1991 93.1% $4.43 Billion $303.70 Million $10.22 Billion ▲ +0.3 pp
1990 92.9% $3.85 Billion $275.10 Million $9.28 Billion ▼ -0.5 pp
1989 93.3% $3.49 Billion $232.00 Million $8.28 Billion ▼ -4.8 pp
1988 98.1% $3.05 Billion $56.50 Million $7.45 Billion ▲ +0.4 pp
1987 97.7% $3.22 Billion $74.20 Million $8.36 Billion ▲ +16.4 pp
1986 81.2% $3.52 Billion $659.10 Million $8.37 Billion ▲ +3.8 pp
1985 77.4% $2.98 Billion $672.40 Million $6.90 Billion
pp = percentage points