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

Coca-Cola Company (The) is the larger business by last-quarter revenue ($11.8B vs $11.4B, roughly 1.0× ConocoPhillips). Coca-Cola Company (The) runs the higher net margin — 19.2% vs 12.7%, a 6.5% gap on every dollar of revenue. On growth, Coca-Cola Company (The) posted the faster year-over-year revenue change (2.4% vs -10.7%). Over the past eight quarters, Coca-Cola Company (The)'s revenue compounded faster (2.3% CAGR vs -3.8%).

ConocoPhillips Company is an American multinational corporation engaged in hydrocarbon exploration and production. It is based in the Energy Corridor district of Houston, Texas.

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.

COP vs KO — Head-to-Head

Bigger by revenue
KO
KO
1.0× larger
KO
$11.8B
$11.4B
COP
Growing faster (revenue YoY)
KO
KO
+13.1% gap
KO
2.4%
-10.7%
COP
Higher net margin
KO
KO
6.5% more per $
KO
19.2%
12.7%
COP
Faster 2-yr revenue CAGR
KO
KO
Annualised
KO
2.3%
-3.8%
COP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
COP
COP
KO
KO
Revenue
$11.4B
$11.8B
Net Profit
$1.4B
$2.3B
Gross Margin
54.4%
60.0%
Operating Margin
19.7%
15.6%
Net Margin
12.7%
19.2%
Revenue YoY
-10.7%
2.4%
Net Profit YoY
-37.5%
3.5%
EPS (diluted)
$1.18
$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
COP
COP
KO
KO
Q4 25
$11.4B
$11.8B
Q3 25
$13.3B
$12.5B
Q2 25
$12.6B
$12.5B
Q1 25
$14.5B
$11.1B
Q4 24
$12.7B
$11.5B
Q3 24
$11.7B
$11.9B
Q2 24
$12.7B
$12.4B
Q1 24
$12.3B
$11.3B
Net Profit
COP
COP
KO
KO
Q4 25
$1.4B
$2.3B
Q3 25
$1.7B
$3.7B
Q2 25
$2.0B
$3.8B
Q1 25
$2.8B
$3.3B
Q4 24
$2.3B
$2.2B
Q3 24
$2.1B
$2.8B
Q2 24
$2.3B
$2.4B
Q1 24
$2.6B
$3.2B
Gross Margin
COP
COP
KO
KO
Q4 25
54.4%
60.0%
Q3 25
56.1%
61.5%
Q2 25
59.7%
62.4%
Q1 25
57.3%
62.6%
Q4 24
60.2%
60.0%
Q3 24
59.4%
60.7%
Q2 24
61.6%
61.1%
Q1 24
56.7%
62.5%
Operating Margin
COP
COP
KO
KO
Q4 25
19.7%
15.6%
Q3 25
22.0%
32.0%
Q2 25
23.9%
34.1%
Q1 25
30.8%
32.9%
Q4 24
23.3%
23.5%
Q3 24
27.6%
21.2%
Q2 24
28.9%
21.3%
Q1 24
30.9%
18.9%
Net Margin
COP
COP
KO
KO
Q4 25
12.7%
19.2%
Q3 25
12.9%
29.7%
Q2 25
15.6%
30.4%
Q1 25
19.7%
29.9%
Q4 24
18.1%
19.0%
Q3 24
17.6%
24.0%
Q2 24
18.4%
19.5%
Q1 24
20.7%
28.1%
EPS (diluted)
COP
COP
KO
KO
Q4 25
$1.18
$0.53
Q3 25
$1.38
$0.86
Q2 25
$1.56
$0.88
Q1 25
$2.23
$0.77
Q4 24
$1.92
$0.50
Q3 24
$1.76
$0.66
Q2 24
$1.98
$0.56
Q1 24
$2.15
$0.74

Balance Sheet & Financial Strength

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

Metric
COP
COP
KO
KO
Cash + ST InvestmentsLiquidity on hand
$7.0B
$10.3B
Total DebtLower is stronger
$22.4B
$42.1B
Stockholders' EquityBook value
$64.5B
$32.2B
Total Assets
$121.9B
$104.8B
Debt / EquityLower = less leverage
0.35×
1.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
COP
COP
KO
KO
Q4 25
$7.0B
$10.3B
Q3 25
$6.3B
$12.7B
Q2 25
$5.3B
$9.6B
Q1 25
$7.2B
$8.4B
Q4 24
$6.1B
$10.8B
Q3 24
$6.8B
$13.9B
Q2 24
$6.0B
$13.7B
Q1 24
$6.1B
$10.4B
Total Debt
COP
COP
KO
KO
Q4 25
$22.4B
$42.1B
Q3 25
$22.5B
$43.2B
Q2 25
$23.1B
$45.0B
Q1 25
$23.2B
$43.5B
Q4 24
$23.3B
$42.4B
Q3 24
$17.0B
$43.0B
Q2 24
$17.0B
$38.1B
Q1 24
$17.3B
$36.5B
Stockholders' Equity
COP
COP
KO
KO
Q4 25
$64.5B
$32.2B
Q3 25
$64.9B
$31.2B
Q2 25
$65.6B
$28.6B
Q1 25
$65.2B
$26.2B
Q4 24
$64.8B
$24.9B
Q3 24
$49.9B
$26.5B
Q2 24
$49.7B
$25.9B
Q1 24
$49.3B
$26.4B
Total Assets
COP
COP
KO
KO
Q4 25
$121.9B
$104.8B
Q3 25
$122.5B
$106.0B
Q2 25
$122.6B
$104.3B
Q1 25
$124.3B
$101.7B
Q4 24
$122.8B
$100.5B
Q3 24
$96.7B
$106.3B
Q2 24
$96.0B
$101.2B
Q1 24
$95.3B
$99.4B
Debt / Equity
COP
COP
KO
KO
Q4 25
0.35×
1.31×
Q3 25
0.35×
1.38×
Q2 25
0.35×
1.57×
Q1 25
0.36×
1.66×
Q4 24
0.36×
1.70×
Q3 24
0.34×
1.62×
Q2 24
0.34×
1.47×
Q1 24
0.35×
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
COP
COP
KO
KO
Operating Cash FlowLast quarter
$4.3B
$3.8B
Free Cash FlowOCF − Capex
$2.9B
FCF MarginFCF / Revenue
24.3%
Capex IntensityCapex / Revenue
7.5%
Cash ConversionOCF / Net Profit
2.99×
1.65×
TTM Free Cash FlowTrailing 4 quarters
$5.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
COP
COP
KO
KO
Q4 25
$4.3B
$3.8B
Q3 25
$5.9B
$5.0B
Q2 25
$3.5B
$3.8B
Q1 25
$6.1B
$-5.2B
Q4 24
$4.5B
$4.0B
Q3 24
$5.8B
$-1.3B
Q2 24
$4.9B
$3.6B
Q1 24
$5.0B
$528.0M
Free Cash Flow
COP
COP
KO
KO
Q4 25
$2.9B
Q3 25
$4.6B
Q2 25
$3.4B
Q1 25
$-5.5B
Q4 24
$3.1B
Q3 24
$-1.7B
Q2 24
$3.2B
Q1 24
$158.0M
FCF Margin
COP
COP
KO
KO
Q4 25
24.3%
Q3 25
36.6%
Q2 25
26.9%
Q1 25
-49.5%
Q4 24
27.3%
Q3 24
-14.6%
Q2 24
25.6%
Q1 24
1.4%
Capex Intensity
COP
COP
KO
KO
Q4 25
7.5%
Q3 25
3.8%
Q2 25
3.5%
Q1 25
2.8%
Q4 24
7.0%
Q3 24
4.0%
Q2 24
3.4%
Q1 24
3.3%
Cash Conversion
COP
COP
KO
KO
Q4 25
2.99×
1.65×
Q3 25
3.41×
1.36×
Q2 25
1.77×
1.00×
Q1 25
2.15×
-1.56×
Q4 24
1.93×
1.80×
Q3 24
2.80×
-0.44×
Q2 24
2.11×
1.49×
Q1 24
1.95×
0.17×

Financial Flow Comparison

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

Revenue Breakdown by Segment

COP
COP

Natural Gas Reserves$2.1B18%
Physical Gas Contracts$2.0B18%
Europe Middle East And North Africa Segment$1.6B14%
Natural Gas Product Line$1.5B13%
Canada Operating Segment$1.3B12%
Alaska Segment$1.3B11%
Natural Gas Liquids Reserves$826.0M7%
Asia Pacific Operating Segment$360.0M3%
Crude Oil Product Line$236.0M2%
Related Party$12.0M0%
Corporate Segment$7.0M0%

KO
KO

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

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