vs
Side-by-side financial comparison of Coca-Cola Company (The) (KO) and PG&E Corporation (PCG). 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 $6.9B, roughly 1.7× PG&E Corporation). Coca-Cola Company (The) runs the higher net margin — 19.2% vs 12.9%, a 6.3% gap on every dollar of revenue. On growth, PG&E Corporation posted the faster year-over-year revenue change (15.0% vs 2.4%). Over the past eight quarters, PG&E Corporation's revenue compounded faster (7.2% 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.
Pacific Gas and Electric Company (PG&E) is an American investor-owned utility (IOU). The company is headquartered at Kaiser Center, in Oakland, California. PG&E provides natural gas and electricity to 5.2 million households in the northern two-thirds of California, from Bakersfield and northern Santa Barbara County, almost to the Oregon and Nevada state lines.
KO vs PCG — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $11.8B | $6.9B |
| Net Profit | $2.3B | $885.0M |
| Gross Margin | 60.0% | — |
| Operating Margin | 15.6% | 21.4% |
| Net Margin | 19.2% | 12.9% |
| Revenue YoY | 2.4% | 15.0% |
| Net Profit YoY | 3.5% | 39.6% |
| EPS (diluted) | $0.53 | $0.39 |
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 | — | $6.9B | ||
| Q4 25 | $11.8B | $6.8B | ||
| Q3 25 | $12.5B | $6.3B | ||
| Q2 25 | $12.5B | $5.9B | ||
| Q1 25 | $11.1B | $6.0B | ||
| Q4 24 | $11.5B | $6.6B | ||
| Q3 24 | $11.9B | $5.9B | ||
| Q2 24 | $12.4B | $6.0B |
| Q1 26 | — | $885.0M | ||
| Q4 25 | $2.3B | $670.0M | ||
| Q3 25 | $3.7B | $850.0M | ||
| Q2 25 | $3.8B | $549.0M | ||
| Q1 25 | $3.3B | $634.0M | ||
| Q4 24 | $2.2B | $674.0M | ||
| Q3 24 | $2.8B | $579.0M | ||
| Q2 24 | $2.4B | $524.0M |
| 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% | — |
| Q1 26 | — | 21.4% | ||
| Q4 25 | 15.6% | 18.0% | ||
| Q3 25 | 32.0% | 19.3% | ||
| Q2 25 | 34.1% | 18.6% | ||
| Q1 25 | 32.9% | 20.4% | ||
| Q4 24 | 23.5% | 15.4% | ||
| Q3 24 | 21.2% | 17.3% | ||
| Q2 24 | 21.3% | 18.9% |
| Q1 26 | — | 12.9% | ||
| Q4 25 | 19.2% | 9.8% | ||
| Q3 25 | 29.7% | 13.6% | ||
| Q2 25 | 30.4% | 9.3% | ||
| Q1 25 | 29.9% | 10.6% | ||
| Q4 24 | 19.0% | 10.2% | ||
| Q3 24 | 24.0% | 9.7% | ||
| Q2 24 | 19.5% | 8.8% |
| Q1 26 | — | $0.39 | ||
| Q4 25 | $0.53 | $0.29 | ||
| Q3 25 | $0.86 | $0.37 | ||
| Q2 25 | $0.88 | $0.24 | ||
| Q1 25 | $0.77 | $0.28 | ||
| Q4 24 | $0.50 | $0.30 | ||
| Q3 24 | $0.66 | $0.27 | ||
| Q2 24 | $0.56 | $0.24 |
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 | — |
| Total DebtLower is stronger | $42.1B | — |
| Stockholders' EquityBook value | $32.2B | — |
| Total Assets | $104.8B | — |
| Debt / EquityLower = less leverage | 1.31× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $10.3B | $713.0M | ||
| Q3 25 | $12.7B | $404.0M | ||
| Q2 25 | $9.6B | $494.0M | ||
| Q1 25 | $8.4B | $2.0B | ||
| Q4 24 | $10.8B | $940.0M | ||
| Q3 24 | $13.9B | $895.0M | ||
| Q2 24 | $13.7B | $1.3B |
| Q1 26 | — | — | ||
| Q4 25 | $42.1B | $57.4B | ||
| Q3 25 | $43.2B | — | ||
| Q2 25 | $45.0B | — | ||
| Q1 25 | $43.5B | — | ||
| Q4 24 | $42.4B | $53.6B | ||
| Q3 24 | $43.0B | — | ||
| Q2 24 | $38.1B | — |
| Q1 26 | — | — | ||
| Q4 25 | $32.2B | $32.5B | ||
| Q3 25 | $31.2B | $32.0B | ||
| Q2 25 | $28.6B | $31.2B | ||
| Q1 25 | $26.2B | $30.7B | ||
| Q4 24 | $24.9B | $30.1B | ||
| Q3 24 | $26.5B | $26.8B | ||
| Q2 24 | $25.9B | $26.3B |
| Q1 26 | — | — | ||
| Q4 25 | $104.8B | $141.6B | ||
| Q3 25 | $106.0B | $138.2B | ||
| Q2 25 | $104.3B | $136.4B | ||
| Q1 25 | $101.7B | $135.4B | ||
| Q4 24 | $100.5B | $133.7B | ||
| Q3 24 | $106.3B | $132.3B | ||
| Q2 24 | $101.2B | $130.8B |
| Q1 26 | — | — | ||
| Q4 25 | 1.31× | 1.76× | ||
| Q3 25 | 1.38× | — | ||
| Q2 25 | 1.57× | — | ||
| Q1 25 | 1.66× | — | ||
| Q4 24 | 1.70× | 1.78× | ||
| 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 | | |
|---|---|---|
| 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.
| Q1 26 | — | — | ||
| Q4 25 | $3.8B | $2.0B | ||
| Q3 25 | $5.0B | $2.9B | ||
| Q2 25 | $3.8B | $1.1B | ||
| Q1 25 | $-5.2B | $2.8B | ||
| Q4 24 | $4.0B | $1.9B | ||
| Q3 24 | $-1.3B | $3.1B | ||
| Q2 24 | $3.6B | $711.0M |
| Q1 26 | — | — | ||
| Q4 25 | $2.9B | $-1.2B | ||
| Q3 25 | $4.6B | $-80.0M | ||
| Q2 25 | $3.4B | $-2.0B | ||
| Q1 25 | $-5.5B | $213.0M | ||
| Q4 24 | $3.1B | $-896.0M | ||
| Q3 24 | $-1.7B | $526.0M | ||
| Q2 24 | $3.2B | $-1.6B |
| Q1 26 | — | — | ||
| Q4 25 | 24.3% | -17.6% | ||
| Q3 25 | 36.6% | -1.3% | ||
| Q2 25 | 26.9% | -34.0% | ||
| Q1 25 | -49.5% | 3.6% | ||
| Q4 24 | 27.3% | -13.5% | ||
| Q3 24 | -14.6% | 8.9% | ||
| Q2 24 | 25.6% | -26.5% |
| Q1 26 | — | — | ||
| Q4 25 | 7.5% | 46.4% | ||
| Q3 25 | 3.8% | 46.9% | ||
| Q2 25 | 3.5% | 52.0% | ||
| Q1 25 | 2.8% | 44.0% | ||
| Q4 24 | 7.0% | 42.6% | ||
| Q3 24 | 4.0% | 43.8% | ||
| Q2 24 | 3.4% | 38.4% |
| Q1 26 | — | — | ||
| Q4 25 | 1.65× | 2.93× | ||
| Q3 25 | 1.36× | 3.35× | ||
| Q2 25 | 1.00× | 1.93× | ||
| Q1 25 | -1.56× | 4.49× | ||
| Q4 24 | 1.80× | 2.87× | ||
| Q3 24 | -0.44× | 5.41× | ||
| Q2 24 | 1.49× | 1.36× |
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% |
PCG
| Electric | $5.0B | 72% |
| Other | $1.9B | 28% |
