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Diageo vs Coca Cola: revenue, profit, margins and growth compared

Diageo brought in $28B of revenue in fiscal 2025, Coca Cola $47.9B in fiscal 2025. Revenue changed by +0.3% at Diageo and +1.9% at Coca Cola on the year before, so Coca Cola grew faster. Diageo kept 9.1% of its revenue as net profit, Coca Cola 27.3%.

Side by side, latest fiscal year

DEOKO
Fiscal year endedFY2025 (June 30, 2025)FY2025 (December 31, 2025)
Revenue$28B$47.9B
Revenue growth+0.3%+1.9%
Net income$2.5B$13.1B
Net margin9.1%27.3%
Free cash flown/a$5.3B
Free cash flow marginn/a11.0%
Earnings per share (diluted)$1.06$3.04
Cash$2.2B$10.3B
Debt$21.9B$43.9B
Price to earningsn/a28.7
Market value$48B$375.1B
Dividend yieldn/a2.34%
Rank by revenue in sector#13 of 154 · Consumer staples#10 of 154 · Consumer staples

Over the years

Revenue
DEO FY2022: $29.8BDEO FY2024: $28.3BDEO FY2024: $27.9BDEO FY2025: $28BKO FY2018: $34.3BKO FY2019: $37.3BKO FY2020: $33BKO FY2021: $38.7BKO FY2022: $43BKO FY2023: $45.8BKO FY2024: $47.1BKO FY2025: $47.9BFY18FY19FY20FY21FY22FY23FY24FY25
DEO $28BKO $47.9B
Net income
DEO FY2022: $4.4BDEO FY2024: $4.5BDEO FY2024: $4.2BDEO FY2025: $2.5BKO FY2018: $6.4BKO FY2019: $8.9BKO FY2020: $7.7BKO FY2021: $9.8BKO FY2022: $9.5BKO FY2023: $10.7BKO FY2024: $10.6BKO FY2025: $13.1BFY18FY19FY20FY21FY22FY23FY24FY25
DEO $2.5BKO $13.1B
Net margin
DEO FY2022: 14.8%DEO FY2024: 15.8%DEO FY2024: 14.9%DEO FY2025: 9.1%KO FY2018: 18.8%KO FY2019: 23.9%KO FY2020: 23.5%KO FY2021: 25.3%KO FY2022: 22.2%KO FY2023: 23.4%KO FY2024: 22.6%KO FY2025: 27.3%FY18FY19FY20FY21FY22FY23FY24FY25
DEO 9.1%KO 27.3%
Revenue growth
DEO FY2024: -5.0%DEO FY2024: -1.3%DEO FY2025: +0.3%KO FY2019: +8.6%KO FY2020: -11.4%KO FY2021: +17.1%KO FY2022: +11.3%KO FY2023: +6.4%KO FY2024: +2.9%KO FY2025: +1.9%FY19FY20FY21FY22FY23FY24FY25
DEO +0.3%KO +1.9%
Free cash flow
KO FY2018: $6.1BKO FY2019: $8.4BKO FY2020: $8.7BKO FY2021: $11.3BKO FY2022: $9.5BKO FY2023: $9.7BKO FY2024: $4.7BKO FY2025: $5.3BFY18FY19FY20FY21FY22FY23FY24FY25
DEOKO $5.3B

Fiscal years as each company reports them; the two may end in different months.

Questions about Diageo and Coca Cola

Which is bigger by revenue, Diageo or Coca Cola?

Coca Cola is bigger by revenue: $47.9B in fiscal 2025, against $28B for Diageo in fiscal 2025.

Which keeps more of its revenue as profit, Diageo or Coca Cola?

Diageo had a net margin of 9.1% in fiscal 2025; Coca Cola had 27.3% in fiscal 2025.

Which grew revenue faster, Diageo or Coca Cola?

In their latest fiscal years revenue changed by +0.3% at Diageo and +1.9% at Coca Cola.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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