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Side-by-side financial comparison of Allstate (ALL) and Coca-Cola Company (The) (KO). Click either name above to swap in a different company.

Allstate is the larger business by last-quarter revenue ($17.3B vs $11.8B, roughly 1.5× Coca-Cola Company (The)). Allstate runs the higher net margin — 22.1% vs 19.2%, a 2.9% gap on every dollar of revenue. On growth, Allstate posted the faster year-over-year revenue change (5.1% vs 2.4%). Allstate produced more free cash flow last quarter ($2.9B vs $2.9B). Over the past eight quarters, Allstate's revenue compounded faster (6.6% CAGR vs 2.3%).

The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. The company operates through Allstate Protection; Protection Services; Allstate Health and Benefits; and Run-off Property-Liability segments. The Allstate Protection segment offers private passenger auto and homeowners insurance; specialty auto products, including motorcycle, trailer, motor home, and off-road vehicle insurance; other personal ...

The Coca-Cola Company is an American multinational corporation founded in 1892 headquartered in Atlanta, Georgia. It manufactures, sells and markets soft drinks including Coca-Cola, other non-alcoholic beverage concentrates and syrups, and alcoholic beverages. Its stock is listed on the New York Stock Exchange and is a component of the DJIA and the S&P 500 and S&P 100 indices.

ALL vs KO — Head-to-Head

Bigger by revenue
ALL
ALL
1.5× larger
ALL
$17.3B
$11.8B
KO
Growing faster (revenue YoY)
ALL
ALL
+2.7% gap
ALL
5.1%
2.4%
KO
Higher net margin
ALL
ALL
2.9% more per $
ALL
22.1%
19.2%
KO
More free cash flow
ALL
ALL
$26.0M more FCF
ALL
$2.9B
$2.9B
KO
Faster 2-yr revenue CAGR
ALL
ALL
Annualised
ALL
6.6%
2.3%
KO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ALL
ALL
KO
KO
Revenue
$17.3B
$11.8B
Net Profit
$3.8B
$2.3B
Gross Margin
60.0%
Operating Margin
15.6%
Net Margin
22.1%
19.2%
Revenue YoY
5.1%
2.4%
Net Profit YoY
98.8%
3.5%
EPS (diluted)
$14.24
$0.53

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ALL
ALL
KO
KO
Q4 25
$17.3B
$11.8B
Q3 25
$17.3B
$12.5B
Q2 25
$16.6B
$12.5B
Q1 25
$16.5B
$11.1B
Q4 24
$16.5B
$11.5B
Q3 24
$16.6B
$11.9B
Q2 24
$15.7B
$12.4B
Q1 24
$15.3B
$11.3B
Net Profit
ALL
ALL
KO
KO
Q4 25
$3.8B
$2.3B
Q3 25
$3.7B
$3.7B
Q2 25
$2.1B
$3.8B
Q1 25
$595.0M
$3.3B
Q4 24
$1.9B
$2.2B
Q3 24
$1.2B
$2.8B
Q2 24
$331.0M
$2.4B
Q1 24
$1.2B
$3.2B
Gross Margin
ALL
ALL
KO
KO
Q4 25
60.0%
Q3 25
61.5%
Q2 25
62.4%
Q1 25
62.6%
Q4 24
60.0%
Q3 24
60.7%
Q2 24
61.1%
Q1 24
62.5%
Operating Margin
ALL
ALL
KO
KO
Q4 25
15.6%
Q3 25
32.0%
Q2 25
34.1%
Q1 25
32.9%
Q4 24
23.5%
Q3 24
21.2%
Q2 24
21.3%
Q1 24
18.9%
Net Margin
ALL
ALL
KO
KO
Q4 25
22.1%
19.2%
Q3 25
21.7%
29.7%
Q2 25
12.7%
30.4%
Q1 25
3.6%
29.9%
Q4 24
11.7%
19.0%
Q3 24
7.2%
24.0%
Q2 24
2.1%
19.5%
Q1 24
8.0%
28.1%
EPS (diluted)
ALL
ALL
KO
KO
Q4 25
$14.24
$0.53
Q3 25
$13.95
$0.86
Q2 25
$7.76
$0.88
Q1 25
$2.11
$0.77
Q4 24
$7.07
$0.50
Q3 24
$4.33
$0.66
Q2 24
$1.13
$0.56
Q1 24
$4.46
$0.74

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALL
ALL
KO
KO
Cash + ST InvestmentsLiquidity on hand
$4.9B
$10.3B
Total DebtLower is stronger
$7.5B
$42.1B
Stockholders' EquityBook value
$30.6B
$32.2B
Total Assets
$119.8B
$104.8B
Debt / EquityLower = less leverage
0.24×
1.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALL
ALL
KO
KO
Q4 25
$4.9B
$10.3B
Q3 25
$8.7B
$12.7B
Q2 25
$9.6B
$9.6B
Q1 25
$6.5B
$8.4B
Q4 24
$4.5B
$10.8B
Q3 24
$7.0B
$13.9B
Q2 24
$5.3B
$13.7B
Q1 24
$4.3B
$10.4B
Total Debt
ALL
ALL
KO
KO
Q4 25
$7.5B
$42.1B
Q3 25
$8.1B
$43.2B
Q2 25
$8.1B
$45.0B
Q1 25
$8.1B
$43.5B
Q4 24
$8.1B
$42.4B
Q3 24
$8.1B
$43.0B
Q2 24
$8.1B
$38.1B
Q1 24
$7.9B
$36.5B
Stockholders' Equity
ALL
ALL
KO
KO
Q4 25
$30.6B
$32.2B
Q3 25
$27.5B
$31.2B
Q2 25
$24.0B
$28.6B
Q1 25
$22.1B
$26.2B
Q4 24
$21.4B
$24.9B
Q3 24
$20.9B
$26.5B
Q2 24
$18.6B
$25.9B
Q1 24
$18.6B
$26.4B
Total Assets
ALL
ALL
KO
KO
Q4 25
$119.8B
$104.8B
Q3 25
$120.4B
$106.0B
Q2 25
$115.9B
$104.3B
Q1 25
$115.2B
$101.7B
Q4 24
$111.6B
$100.5B
Q3 24
$113.7B
$106.3B
Q2 24
$108.4B
$101.2B
Q1 24
$105.2B
$99.4B
Debt / Equity
ALL
ALL
KO
KO
Q4 25
0.24×
1.31×
Q3 25
0.29×
1.38×
Q2 25
0.34×
1.57×
Q1 25
0.37×
1.66×
Q4 24
0.38×
1.70×
Q3 24
0.39×
1.62×
Q2 24
0.43×
1.47×
Q1 24
0.43×
1.38×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALL
ALL
KO
KO
Operating Cash FlowLast quarter
$3.0B
$3.8B
Free Cash FlowOCF − Capex
$2.9B
$2.9B
FCF MarginFCF / Revenue
16.7%
24.3%
Capex IntensityCapex / Revenue
0.5%
7.5%
Cash ConversionOCF / Net Profit
0.78×
1.65×
TTM Free Cash FlowTrailing 4 quarters
$9.9B
$5.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALL
ALL
KO
KO
Q4 25
$3.0B
$3.8B
Q3 25
$3.3B
$5.0B
Q2 25
$1.9B
$3.8B
Q1 25
$2.0B
$-5.2B
Q4 24
$1.7B
$4.0B
Q3 24
$3.2B
$-1.3B
Q2 24
$2.4B
$3.6B
Q1 24
$1.7B
$528.0M
Free Cash Flow
ALL
ALL
KO
KO
Q4 25
$2.9B
$2.9B
Q3 25
$3.2B
$4.6B
Q2 25
$1.9B
$3.4B
Q1 25
$1.9B
$-5.5B
Q4 24
$1.7B
$3.1B
Q3 24
$3.1B
$-1.7B
Q2 24
$2.3B
$3.2B
Q1 24
$1.6B
$158.0M
FCF Margin
ALL
ALL
KO
KO
Q4 25
16.7%
24.3%
Q3 25
18.8%
36.6%
Q2 25
11.3%
26.9%
Q1 25
11.4%
-49.5%
Q4 24
10.0%
27.3%
Q3 24
18.9%
-14.6%
Q2 24
14.7%
25.6%
Q1 24
10.6%
1.4%
Capex Intensity
ALL
ALL
KO
KO
Q4 25
0.5%
7.5%
Q3 25
0.3%
3.8%
Q2 25
0.0%
3.5%
Q1 25
0.6%
2.8%
Q4 24
0.3%
7.0%
Q3 24
0.4%
4.0%
Q2 24
0.4%
3.4%
Q1 24
0.3%
3.3%
Cash Conversion
ALL
ALL
KO
KO
Q4 25
0.78×
1.65×
Q3 25
0.88×
1.36×
Q2 25
0.89×
1.00×
Q1 25
3.30×
-1.56×
Q4 24
0.88×
1.80×
Q3 24
2.69×
-0.44×
Q2 24
7.13×
1.49×
Q1 24
1.37×
0.17×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ALL
ALL

Segment breakdown not available.

KO
KO

Other$7.0B59%
Finished Product Operations$2.4B21%
Concentrate Operations$2.4B20%

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