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

MetLife is the larger business by last-quarter revenue ($19.1B vs $11.8B, roughly 1.6× Coca-Cola Company (The)). Coca-Cola Company (The) runs the higher net margin — 19.2% vs 6.0%, a 13.2% gap on every dollar of revenue. On growth, MetLife posted the faster year-over-year revenue change (2.7% vs 2.4%). Over the past eight quarters, MetLife's revenue compounded faster (484.7% 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.

MetLife, Inc. is the holding corporation for the Metropolitan Life Insurance Company (MLIC), better known as MetLife, and its affiliates. MetLife is among the largest global providers of insurance, annuities, and employee benefit programs, with around 90 million customers in over 60 countries. The firm was founded on March 24, 1868. MetLife ranked No. 43 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.

KO vs MET — Head-to-Head

Bigger by revenue
MET
MET
1.6× larger
MET
$19.1B
$11.8B
KO
Growing faster (revenue YoY)
MET
MET
+0.3% gap
MET
2.7%
2.4%
KO
Higher net margin
KO
KO
13.2% more per $
KO
19.2%
6.0%
MET
Faster 2-yr revenue CAGR
MET
MET
Annualised
MET
484.7%
2.3%
KO

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
KO
KO
MET
MET
Revenue
$11.8B
$19.1B
Net Profit
$2.3B
$1.1B
Gross Margin
60.0%
Operating Margin
15.6%
Net Margin
19.2%
6.0%
Revenue YoY
2.4%
2.7%
Net Profit YoY
3.5%
30.0%
EPS (diluted)
$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
KO
KO
MET
MET
Q1 26
$19.1B
Q4 25
$11.8B
$600.0M
Q3 25
$12.5B
$621.0M
Q2 25
$12.5B
$604.0M
Q1 25
$11.1B
$611.0M
Q4 24
$11.5B
$556.0M
Q3 24
$11.9B
$554.0M
Q2 24
$12.4B
$558.0M
Net Profit
KO
KO
MET
MET
Q1 26
$1.1B
Q4 25
$2.3B
$809.0M
Q3 25
$3.7B
$896.0M
Q2 25
$3.8B
$729.0M
Q1 25
$3.3B
$945.0M
Q4 24
$2.2B
$1.3B
Q3 24
$2.8B
$1.3B
Q2 24
$2.4B
$946.0M
Gross Margin
KO
KO
MET
MET
Q1 26
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%
Operating Margin
KO
KO
MET
MET
Q1 26
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%
Net Margin
KO
KO
MET
MET
Q1 26
6.0%
Q4 25
19.2%
134.8%
Q3 25
29.7%
144.3%
Q2 25
30.4%
120.7%
Q1 25
29.9%
154.7%
Q4 24
19.0%
228.6%
Q3 24
24.0%
242.2%
Q2 24
19.5%
169.5%
EPS (diluted)
KO
KO
MET
MET
Q1 26
Q4 25
$0.53
$1.18
Q3 25
$0.86
$1.22
Q2 25
$0.88
$1.03
Q1 25
$0.77
$1.28
Q4 24
$0.50
$1.75
Q3 24
$0.66
$1.81
Q2 24
$0.56
$1.28

Balance Sheet & Financial Strength

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

Metric
KO
KO
MET
MET
Cash + ST InvestmentsLiquidity on hand
$10.3B
Total DebtLower is stronger
$42.1B
$14.8B
Stockholders' EquityBook value
$32.2B
$27.6B
Total Assets
$104.8B
$743.2B
Debt / EquityLower = less leverage
1.31×
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KO
KO
MET
MET
Q1 26
Q4 25
$10.3B
$25.6B
Q3 25
$12.7B
$26.2B
Q2 25
$9.6B
$27.5B
Q1 25
$8.4B
$26.9B
Q4 24
$10.8B
$25.2B
Q3 24
$13.9B
$26.4B
Q2 24
$13.7B
$24.6B
Total Debt
KO
KO
MET
MET
Q1 26
$14.8B
Q4 25
$42.1B
Q3 25
$43.2B
Q2 25
$45.0B
Q1 25
$43.5B
Q4 24
$42.4B
Q3 24
$43.0B
Q2 24
$38.1B
Stockholders' Equity
KO
KO
MET
MET
Q1 26
$27.6B
Q4 25
$32.2B
$28.4B
Q3 25
$31.2B
$28.9B
Q2 25
$28.6B
$27.7B
Q1 25
$26.2B
$27.5B
Q4 24
$24.9B
$27.4B
Q3 24
$26.5B
$30.9B
Q2 24
$25.9B
$27.3B
Total Assets
KO
KO
MET
MET
Q1 26
$743.2B
Q4 25
$104.8B
$745.2B
Q3 25
$106.0B
$719.7B
Q2 25
$104.3B
$702.5B
Q1 25
$101.7B
$688.3B
Q4 24
$100.5B
$677.5B
Q3 24
$106.3B
$705.0B
Q2 24
$101.2B
$675.7B
Debt / Equity
KO
KO
MET
MET
Q1 26
0.54×
Q4 25
1.31×
Q3 25
1.38×
Q2 25
1.57×
Q1 25
1.66×
Q4 24
1.70×
Q3 24
1.62×
Q2 24
1.47×

Cash Flow & Capital Efficiency

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

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KO
KO
MET
MET
Q1 26
Q4 25
$3.8B
$7.1B
Q3 25
$5.0B
$3.6B
Q2 25
$3.8B
$2.2B
Q1 25
$-5.2B
$4.3B
Q4 24
$4.0B
$4.6B
Q3 24
$-1.3B
$4.2B
Q2 24
$3.6B
$3.5B
Free Cash Flow
KO
KO
MET
MET
Q1 26
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
FCF Margin
KO
KO
MET
MET
Q1 26
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%
Capex Intensity
KO
KO
MET
MET
Q1 26
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%
Cash Conversion
KO
KO
MET
MET
Q1 26
Q4 25
1.65×
8.75×
Q3 25
1.36×
3.98×
Q2 25
1.00×
3.00×
Q1 25
-1.56×
4.51×
Q4 24
1.80×
3.63×
Q3 24
-0.44×
3.11×
Q2 24
1.49×
3.69×

Financial Flow Comparison

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

Revenue Breakdown by Segment

KO
KO

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

MET
MET

Premiums, fees and other revenues$14.3B75%
Other$4.8B25%

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