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Coca Cola vs Primo Brands: revenue, profit, margins and growth compared

Coca Cola brought in $47.9B of revenue in fiscal 2025, Primo Brands $6.7B in fiscal 2025. Revenue changed by +1.9% at Coca Cola and +29.3% at Primo Brands on the year before, so Primo Brands grew faster. Coca Cola kept 27.3% of its revenue as net profit, Primo Brands 0.9%. Free cash flow was $5.3B at Coca Cola and $302.9M at Primo Brands.

Side by side, latest fiscal year

KOPRMB
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$47.9B$6.7B
Revenue growth+1.9%+29.3%
Net income$13.1B$60.1M
Net margin27.3%0.9%
Free cash flow$5.3B$302.9M
Free cash flow margin11.0%4.5%
Earnings per share (diluted)$3.04$0.16
Cash$10.3B$376.7M
Debt$43.9B$5.1B
Price to earnings28.9121.9
Market value$377.8B$7.1B
Dividend yield2.32%2.05%
Rank by revenue in sector#9 of 93 · Consumer staples#33 of 93 · Consumer staples

Over the years

Revenue
KO FY2018: $34.3BKO FY2019: $37.3BKO FY2020: $33BKO FY2021: $38.7BKO FY2022: $43BKO FY2023: $45.8BKO FY2024: $47.1BKO FY2025: $47.9BPRMB FY2022: $4.4BPRMB FY2024: $4.7BPRMB FY2024: $5.2BPRMB FY2025: $6.7BFY18FY19FY20FY21FY22FY23FY24FY25
KO $47.9BPRMB $6.7B
Net income
KO FY2018: $6.4BKO FY2019: $8.9BKO FY2020: $7.7BKO FY2021: $9.8BKO FY2022: $9.5BKO FY2023: $10.7BKO FY2024: $10.6BKO FY2025: $13.1BPRMB FY2022: -$126.7MPRMB FY2024: $92.8MPRMB FY2024: -$16.4MPRMB FY2025: $60.1MFY18FY19FY20FY21FY22FY23FY24FY25
KO $13.1BPRMB $60.1M
Net margin
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%PRMB FY2022: -2.9%PRMB FY2024: 2.0%PRMB FY2024: -0.3%PRMB FY2025: 0.9%FY18FY19FY20FY21FY22FY23FY24FY25
KO 27.3%PRMB 0.9%
Revenue growth
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%PRMB FY2024: +5.8%PRMB FY2024: +9.7%PRMB FY2025: +29.3%FY19FY20FY21FY22FY23FY24FY25
KO +1.9%PRMB +29.3%
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: $5.3BPRMB FY2022: -$150.2MPRMB FY2024: $117.3MPRMB FY2024: $313.6MPRMB FY2025: $302.9MFY18FY19FY20FY21FY22FY23FY24FY25
KO $5.3BPRMB $302.9M

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

Questions about Coca Cola and Primo Brands

Which is bigger by revenue, Coca Cola or Primo Brands?

Coca Cola is bigger by revenue: $47.9B in fiscal 2025, against $6.7B for Primo Brands in fiscal 2025.

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

Coca Cola had a net margin of 27.3% in fiscal 2025; Primo Brands had 0.9% in fiscal 2025.

Which grew revenue faster, Coca Cola or Primo Brands?

In their latest fiscal years revenue changed by +1.9% at Coca Cola and +29.3% at Primo Brands.

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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