vs
Side-by-side financial comparison of Coca-Cola Company (The) (KO) and Mondelez International (MDLZ). 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 $10.1B, roughly 1.2× Mondelez International). Coca-Cola Company (The) runs the higher net margin — 19.2% vs 5.6%, a 13.6% gap on every dollar of revenue. On growth, Mondelez International posted the faster year-over-year revenue change (8.2% vs 2.4%). Coca-Cola Company (The) produced more free cash flow last quarter ($2.9B vs $155.0M). Over the past eight quarters, Mondelez International's revenue compounded faster (9.9% CAGR vs 2.3%).
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.
Mondelēz International, Inc. is an American multinational confectionery, food, holding, beverage and snack food company based in Chicago. Mondelez has an annual revenue of about $26.5 billion and operates in approximately 160 countries. It ranked No. 108 in the 2021 Fortune 500 list of the largest United States corporations by total revenue.
KO vs MDLZ — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $11.8B | $10.1B |
| Net Profit | $2.3B | $564.0M |
| Gross Margin | 60.0% | 27.8% |
| Operating Margin | 15.6% | 8.0% |
| Net Margin | 19.2% | 5.6% |
| Revenue YoY | 2.4% | 8.2% |
| Net Profit YoY | 3.5% | 38.6% |
| EPS (diluted) | $0.53 | $0.44 |
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.
| Q1 26 | — | $10.1B | ||
| Q4 25 | $11.8B | $10.5B | ||
| Q3 25 | $12.5B | $9.7B | ||
| Q2 25 | $12.5B | $9.0B | ||
| Q1 25 | $11.1B | $9.3B | ||
| Q4 24 | $11.5B | $9.6B | ||
| Q3 24 | $11.9B | $9.2B | ||
| Q2 24 | $12.4B | $8.3B |
| Q1 26 | — | $564.0M | ||
| Q4 25 | $2.3B | $665.0M | ||
| Q3 25 | $3.7B | $743.0M | ||
| Q2 25 | $3.8B | $641.0M | ||
| Q1 25 | $3.3B | $402.0M | ||
| Q4 24 | $2.2B | $1.7B | ||
| Q3 24 | $2.8B | $853.0M | ||
| Q2 24 | $2.4B | $601.0M |
| Q1 26 | — | 27.8% | ||
| Q4 25 | 60.0% | 28.2% | ||
| Q3 25 | 61.5% | 26.8% | ||
| Q2 25 | 62.4% | 32.7% | ||
| Q1 25 | 62.6% | 26.1% | ||
| Q4 24 | 60.0% | 38.6% | ||
| Q3 24 | 60.7% | 32.6% | ||
| Q2 24 | 61.1% | 33.5% |
| Q1 26 | — | 8.0% | ||
| Q4 25 | 15.6% | 9.1% | ||
| Q3 25 | 32.0% | 7.6% | ||
| Q2 25 | 34.1% | 13.0% | ||
| Q1 25 | 32.9% | 7.3% | ||
| Q4 24 | 23.5% | 16.8% | ||
| Q3 24 | 21.2% | 12.5% | ||
| Q2 24 | 21.3% | 10.2% |
| Q1 26 | — | 5.6% | ||
| Q4 25 | 19.2% | 6.3% | ||
| Q3 25 | 29.7% | 7.6% | ||
| Q2 25 | 30.4% | 7.1% | ||
| Q1 25 | 29.9% | 4.3% | ||
| Q4 24 | 19.0% | 18.2% | ||
| Q3 24 | 24.0% | 9.3% | ||
| Q2 24 | 19.5% | 7.2% |
| Q1 26 | — | $0.44 | ||
| Q4 25 | $0.53 | $0.52 | ||
| Q3 25 | $0.86 | $0.57 | ||
| Q2 25 | $0.88 | $0.49 | ||
| Q1 25 | $0.77 | $0.31 | ||
| Q4 24 | $0.50 | $1.30 | ||
| Q3 24 | $0.66 | $0.63 | ||
| Q2 24 | $0.56 | $0.45 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $10.3B | $1.5B |
| Total DebtLower is stronger | $42.1B | $18.3B |
| Stockholders' EquityBook value | $32.2B | $25.8B |
| Total Assets | $104.8B | $71.1B |
| Debt / EquityLower = less leverage | 1.31× | 0.71× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.5B | ||
| Q4 25 | $10.3B | — | ||
| Q3 25 | $12.7B | — | ||
| Q2 25 | $9.6B | — | ||
| Q1 25 | $8.4B | — | ||
| Q4 24 | $10.8B | — | ||
| Q3 24 | $13.9B | — | ||
| Q2 24 | $13.7B | — |
| Q1 26 | — | $18.3B | ||
| Q4 25 | $42.1B | $17.2B | ||
| Q3 25 | $43.2B | $17.1B | ||
| Q2 25 | $45.0B | $18.1B | ||
| Q1 25 | $43.5B | $15.8B | ||
| Q4 24 | $42.4B | $15.7B | ||
| Q3 24 | $43.0B | $16.5B | ||
| Q2 24 | $38.1B | $16.1B |
| Q1 26 | — | $25.8B | ||
| Q4 25 | $32.2B | $25.8B | ||
| Q3 25 | $31.2B | $26.2B | ||
| Q2 25 | $28.6B | $26.2B | ||
| Q1 25 | $26.2B | $25.8B | ||
| Q4 24 | $24.9B | $26.9B | ||
| Q3 24 | $26.5B | $27.9B | ||
| Q2 24 | $25.9B | $27.7B |
| Q1 26 | — | $71.1B | ||
| Q4 25 | $104.8B | $71.5B | ||
| Q3 25 | $106.0B | $71.4B | ||
| Q2 25 | $104.3B | $71.0B | ||
| Q1 25 | $101.7B | $68.9B | ||
| Q4 24 | $100.5B | $68.5B | ||
| Q3 24 | $106.3B | $72.2B | ||
| Q2 24 | $101.2B | $73.1B |
| Q1 26 | — | 0.71× | ||
| Q4 25 | 1.31× | 0.67× | ||
| Q3 25 | 1.38× | 0.65× | ||
| Q2 25 | 1.57× | 0.69× | ||
| Q1 25 | 1.66× | 0.61× | ||
| Q4 24 | 1.70× | 0.58× | ||
| Q3 24 | 1.62× | 0.59× | ||
| Q2 24 | 1.47× | 0.58× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $3.8B | $467.0M |
| Free Cash FlowOCF − Capex | $2.9B | $155.0M |
| FCF MarginFCF / Revenue | 24.3% | 1.5% |
| Capex IntensityCapex / Revenue | 7.5% | 3.1% |
| Cash ConversionOCF / Net Profit | 1.65× | 0.83× |
| TTM Free Cash FlowTrailing 4 quarters | $5.3B | $2.6B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $467.0M | ||
| Q4 25 | $3.8B | $2.4B | ||
| Q3 25 | $5.0B | $717.0M | ||
| Q2 25 | $3.8B | $308.0M | ||
| Q1 25 | $-5.2B | $1.1B | ||
| Q4 24 | $4.0B | $1.5B | ||
| Q3 24 | $-1.3B | $1.3B | ||
| Q2 24 | $3.6B | $822.0M |
| Q1 26 | — | $155.0M | ||
| Q4 25 | $2.9B | $2.0B | ||
| Q3 25 | $4.6B | $418.0M | ||
| Q2 25 | $3.4B | $3.0M | ||
| Q1 25 | $-5.5B | $815.0M | ||
| Q4 24 | $3.1B | $1.1B | ||
| Q3 24 | $-1.7B | $989.0M | ||
| Q2 24 | $3.2B | $455.0M |
| Q1 26 | — | 1.5% | ||
| Q4 25 | 24.3% | 19.0% | ||
| Q3 25 | 36.6% | 4.3% | ||
| Q2 25 | 26.9% | 0.0% | ||
| Q1 25 | -49.5% | 8.8% | ||
| Q4 24 | 27.3% | 11.0% | ||
| Q3 24 | -14.6% | 10.7% | ||
| Q2 24 | 25.6% | 5.5% |
| Q1 26 | — | 3.1% | ||
| Q4 25 | 7.5% | 3.8% | ||
| Q3 25 | 3.8% | 3.1% | ||
| Q2 25 | 3.5% | 3.4% | ||
| Q1 25 | 2.8% | 3.0% | ||
| Q4 24 | 7.0% | 4.2% | ||
| Q3 24 | 4.0% | 3.4% | ||
| Q2 24 | 3.4% | 4.4% |
| Q1 26 | — | 0.83× | ||
| Q4 25 | 1.65× | 3.60× | ||
| Q3 25 | 1.36× | 0.97× | ||
| Q2 25 | 1.00× | 0.48× | ||
| Q1 25 | -1.56× | 2.72× | ||
| Q4 24 | 1.80× | 0.84× | ||
| Q3 24 | -0.44× | 1.53× | ||
| Q2 24 | 1.49× | 1.37× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
KO
| Other | $7.0B | 59% |
| Finished Product Operations | $2.4B | 21% |
| Concentrate Operations | $2.4B | 20% |
MDLZ
Segment breakdown not available.
