KO Debt-to-Equity Ratio Analysis
Updated 5h ago·SEC filings & market data
Key Takeaway
A Debt-to-Equity Ratio of 1.20x means the company carries $1.20 of debt for every $1.00 of shareholder equity, a standard measure of financial leverage.
Sector Performance
70th percentileKO
1.20x
Sector Median
0.74x
Sector Avg
2.51x
Prior Period
1.30x(Jul 2026)
Deep Analysis
A Debt-to-Equity Ratio of 1.20x means the company carries $1.20 of debt for every $1.00 of shareholder equity, a standard measure of financial leverage.
This is above the sector median of 0.73x, placing KO in the 70th percentile among peers, so it uses more debt than most comparable companies. The year-over-year trend is N/A, and the eight-quarter trend is also N/A; the only available change is a quarter-over-quarter decline of -7.7%, from 1.30x to 1.20x. Elevated leverage relative to peers suggests higher financial risk, but the recent QoQ reduction points to a lowering of that risk over the last quarter. Without a longer trend, the risk profile appears stable-to-improving rather than deteriorating. This metric supports the overall NEUTRAL verdict, as the higher-than-median leverage is offset by the recent decline, leaving no clear bullish or bearish signal.
Frequently Asked Questions
What does the Debt-to-Equity Ratio tell investors about KO?
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
How is the Debt-to-Equity Ratio calculated?
Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.
Who are KO's closest peers by Debt-to-Equity Ratio?
The closest peers by Debt-to-Equity Ratio include: TAP (0.76x), PCAR (0.72x), O (0.78x), PRU (0.78x), GLW (0.67x).
Learn More About Debt-to-Equity Ratio
How to Spot a Debt Problem Before It Hits the Stock Price
Learn how to spot a debt problem in stocks using D/E, interest coverage, and net debt/EBITDA ratios. Real examples from META and MSFT, plus danger thresholds you need to know.
Debt/Equity Ratio: How Much Debt Is Too Much?
The debt to equity ratio explained: why context, interest coverage, and sector norms matter far more than the raw number when assessing debt risk.
The Formula
Total Debt / Shareholders' Equity
Why It Matters
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
Master KO's Valuation
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1.20x
Sector Median
0.74x
Sector Avg
2.51x
How KO's Debt-to-Equity Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.