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松墨黄铜

可口可乐KO

NYSE 跟踪中 报表币种 USD · 财年截至 12 月 下次财报 2027-02-09(FY2026Q4)
$95.83USD
2026-11-02 收盘价 · 非实时股价(行情取于 2026-11-03)
市值 4,120.4 亿美元 · 表观市盈率(TTM)28.2x · 实际市盈率(TTM)32.9x
67.2752 周96.25
总览/可口可乐/财报分析/财务数据

财务数据

金额单位:亿美元;每股数据:美元;股数:亿股。* 为推导值(如第四季度 = 全年 − 前三季度;半年报公司的下半年 = 全年 − 上半年),悬停任一数字可查看来源(XBRL 标签 / PDF 页码 / 计算公式)。

年度营收(亿美元)
0200400600FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25479.4
查看数据表
FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25
营业收入418.6362.1343.0372.7330.1386.6430.0457.5470.6479.4
年度利润(亿美元)
营业利润净利润
050100150FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25
查看数据表
FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25
营业利润86.677.591.5100.990.0103.1109.1113.199.9137.6
净利润65.312.564.389.277.597.795.4107.1106.3131.1
市盈率对比:表观 vs 实际(倍,按当前市值折算)
表观市盈率(账面口径)实际市盈率(主业口径)
0x20x40x60xFY22FY23FY24FY25TTM28.2x32.9x
查看数据表
FY22FY23FY24FY25TTM
表观市盈率(账面口径)43.2x38.5x38.8x31.4x28.2x
实际市盈率(主业口径)46.3x44.0x50.8x36.6x32.9x

最新滚动 12 个月(FY2025Q4–FY2026Q3):总市值 4,120.4 亿美元;账面净利润 146.3 亿美元 → 表观市盈率 28.2x;剔除税后非主业净收益 21.0 亿美元(投资/股权及利息等营业外收支税前 25.4 亿,有效税率 17.4%)后,实际主业盈利 125.3 亿美元 → 实际市盈率 32.9x(表观市盈率被非主业收益拉低 4.7x)。

年度账面盈利 vs 实际主业盈利(亿美元,含 TTM)
账面净利润实际主业盈利
050100150FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25TTM
查看数据表
FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25TTM
账面净利润65.312.564.389.277.597.795.4107.1106.3131.1146.3
实际主业盈利69.514.171.683.471.581.089.193.681.1112.7125.3
年度利润率
毛利率营业利润率税后营业利润率净利率
-20%0%20%40%60%80%FY17FY19FY21FY23FY25毛利率 61.6%营业利润率 28.7%税后营业利润率 23.6%净利率 27.3%
查看数据表
FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25
毛利率60.7%62.1%61.9%60.8%59.3%60.3%58.1%59.5%61.1%61.6%
营业利润率20.7%21.4%26.7%27.1%27.3%26.7%25.4%24.7%21.2%28.7%
税后营业利润率16.6%4.0%21.0%22.5%21.7%21.0%20.8%20.4%17.3%23.6%
净利率15.6%3.4%18.8%23.9%23.5%25.3%22.2%23.4%22.6%27.3%
资本开支与自由现金流(亿美元)
资本开支自由现金流
050100150FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25
查看数据表
FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25
资本开支22.617.515.520.511.813.714.818.520.621.1
自由现金流65.352.960.884.286.7112.695.397.547.453.0
年度ROE 与 ROIC
ROEROIC三年增量 ROIC
-20%0%20%40%60%80%FY17FY19FY21FY23FY25ROE 46.0%ROIC 17.7%三年增量 ROIC 18.1%
查看数据表
FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25
ROE26.9%6.2%37.8%49.6%40.5%46.2%40.5%42.8%41.9%46.0%
ROIC15.8%3.4%21.7%21.0%13.6%15.8%17.5%17.9%14.4%17.7%
三年增量 ROIC54.7%5.1%4.9%18.1%

FY2025 ROIC 17.7% = 税后营业利润(NOPAT)113.0 亿美元 ÷ 投入资本 640.2 亿美元(杜邦拆解:税后营业利润率 23.6% × 投入资本周转率 0.75x);三年增量 ROIC 18.1%。

年度税后营业利润(NOPAT)与投入资本(亿美元)
税后营业利润(NOPAT)投入资本
0200400600800FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25
查看数据表
FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25
税后营业利润(NOPAT)69.714.472.184.071.781.389.393.581.3113.0
投入资本441.9421.7332.8400.2526.3514.3509.6521.2564.0640.2
科目FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
利润表
营业收入IS_REVENUE 418.6362.1343.0372.7330.1386.6430.0457.5470.6479.4
营业成本IS_COGS 164.6137.2130.7146.2134.3153.6180.0185.2183.2184.0
毛利IS_GROSS_PROFIT 254.0224.9212.3226.5195.8233.0250.0272.3287.4295.4
销售及管理费用IS_SGA 153.7128.3110.0121.097.3121.4128.8139.7145.8145.2
营业利润IS_OPERATING_PROFIT 86.677.691.5100.990.0103.1109.1113.199.9137.6
税前利润IS_PRETAX_PROFIT 81.468.982.2107.997.5124.2116.9129.5130.9160.0
所得税IS_TAX 15.956.117.518.019.826.221.222.524.428.6
净利润IS_NET_PROFIT 65.312.564.389.277.597.795.4107.1106.3131.1
基本每股收益IS_EPS_BASIC 1.510.291.512.091.802.262.202.482.473.05
摊薄每股收益IS_EPS_DILUTED 1.490.291.502.071.792.252.192.472.463.04
基本加权股数IS_SHARES_BASIC 43.1742.7242.5942.7642.9543.1543.2843.2343.0943.03
摊薄加权股数IS_SHARES_DILUTED 43.6743.2442.9943.1443.2343.4043.5043.3943.2043.13
每股宣派股息IS_DPS_DECLARED 1.401.481.561.601.641.681.761.841.942.04
资产负债表
总资产BS_TOTAL_ASSETS 872.7879.0832.2863.8873.0943.5927.6977.01,005.51,048.2
流动资产BS_CURRENT_ASSETS 340.1299.6249.3204.1192.4225.4225.9267.3260.0310.4
现金及等价物BS_CASH 85.661.090.864.868.096.895.293.7108.3102.7
短期投资(有价证券/定期存款)BS_ST_INVESTMENTS 40.553.250.132.323.5
应收账款BS_AR 38.639.736.839.731.435.134.934.135.730.4
存货BS_INVENTORY 26.829.530.733.832.734.142.344.247.344.2
固定资产净值BS_PPE_NET 106.496.496.0108.4107.899.298.492.4103.096.1
长期股权及金融资产投资BS_EQUITY_INVESTMENTS 162.6208.6214.3213.3217.0203.7203.8197.1181.3202.8
流动负债BS_CURRENT_LIABILITIES 265.3267.4287.8269.7146.0199.5197.2235.7252.5212.8
一年内到期借款BS_ST_DEBT 158.6162.4180.7252.540.071.125.442.111.415.0
长期借款BS_LT_DEBT 296.8312.0253.8275.2401.2381.2363.8355.5423.8421.2
股东权益BS_TOTAL_EQUITY 230.6170.7169.8189.8193.0230.0241.0259.4248.6321.7
少数股东权益BS_MINORITY_INTEREST 1.619.020.821.219.818.617.215.415.221.1
现金流量表
经营活动现金流CF_OPERATING 87.970.476.3104.798.4126.2110.2116.068.074.1
折旧摊销CF_DEPRECIATION 17.912.610.913.615.414.512.611.310.810.5
股权激励费用CF_SBC 2.62.22.22.01.33.43.62.52.92.8
投资活动现金流CF_INVESTING -10.0-23.159.3-39.8-14.8-27.6-7.6-33.525.2-0.7
资本开支CF_CAPEX 22.617.515.520.511.813.714.818.520.621.1
经营租赁新增使用权资产(非现金)CF_OPLEASE_ADDITIONS 3.15.31.93.43.33.18.7
筹资活动现金流CF_FINANCING -65.4-74.5-103.5-90.0-80.7-67.9-102.5-83.1-69.1-81.4
派息CF_DIVIDEND 60.463.266.468.470.572.576.279.583.687.8
回购CF_BUYBACK 36.836.819.111.01.21.114.222.918.07.5
财务指标
毛利率GROSS_MARGIN 60.7%62.1%61.9%60.8%59.3%60.3%58.1%59.5%61.1%61.6%
营业利润率OPERATING_MARGIN 20.7%21.4%26.7%27.1%27.3%26.7%25.4%24.7%21.2%28.7%
净利率NET_MARGIN 15.6%3.4%18.8%23.9%23.5%25.3%22.2%23.4%22.6%27.3%
税后营业利润NOPAT 69.714.472.184.071.781.389.393.581.3113.0
税后营业利润率NOPAT_MARGIN 16.6%4.0%21.0%22.5%21.7%21.0%20.8%20.4%17.3%23.6%
投入资本INVESTED_CAPITAL 441.9421.7332.8400.2526.3514.3509.6521.2564.0640.2
投入资本周转率CAPITAL_TURNOVER 0.950.861.030.930.630.750.840.880.830.75
ROEROE 26.9%6.2%37.8%49.6%40.5%46.2%40.5%42.8%41.9%46.0%
ROICROIC 15.8%3.4%21.7%21.0%13.6%15.8%17.5%17.9%14.4%17.7%
三年增量 ROICINCREMENTAL_ROIC_3Y 54.7%5.1%4.9%18.1%
经营现金流/净利润OCF_TO_PROFIT 134.7%564.2%118.5%117.4%127.1%129.2%115.5%108.3%64.0%56.5%
应计比率ACCRUAL_RATIO -2.6%-6.6%-1.4%-1.8%-2.4%-3.0%-1.6%-0.9%3.8%5.4%
营业外收支/税前利润NONOP_TO_PRETAX -6.4%-12.6%-11.3%6.5%7.7%17.0%6.6%12.7%23.6%14.0%
自由现金流FCF 65.352.960.884.286.7112.695.397.547.453.0
自由现金流利润率FCF_MARGIN 15.6%14.6%17.7%22.6%26.3%29.1%22.2%21.3%10.1%11.0%
股权激励/营收SBC_TO_REVENUE 0.6%0.6%0.7%0.5%0.4%0.9%0.8%0.6%0.6%0.6%
扣股权激励自由现金流FCF_AFTER_SBC 62.750.758.582.285.4109.291.894.944.650.2
资本开支/折旧摊销CAPEX_TO_DA 1.271.391.431.500.770.941.181.641.922.01
固定资产周转率PPE_TURNOVER 3.943.763.573.443.063.904.374.954.574.99
总资产周转率ASSET_TURNOVER 0.470.410.400.440.380.430.460.480.470.47
权益乘数EQUITY_MULTIPLIER 3.654.365.024.724.544.293.973.813.903.60
应收周转天数DSO 33.640.039.238.934.833.229.627.227.723.1
存货周转天数DIO 59.378.685.884.488.781.185.887.294.287.8
所有者盈余OWNER_EARNINGS 70.057.865.491.183.1111.797.6104.757.363.6
股东回报(派息+回购)SHAREHOLDER_RETURN 97.2100.085.679.571.673.690.3102.4101.595.2
股东回报/自由现金流SHAREHOLDER_RETURN_TO_FCF 148.9%189.0%140.7%94.4%82.7%65.4%94.8%105.1%214.2%179.9%
派息率PAYOUT_RATIO 92.6%506.4%103.3%76.7%91.0%74.2%79.8%74.2%78.6%67.0%
稀释率DILUTION_RATE 1.2%1.2%0.9%0.9%0.7%0.6%0.5%0.4%0.3%0.2%
摊薄股数同比SHARES_DILUTED_CHANGE -0.9%-1.0%-0.6%0.3%0.2%0.4%0.2%-0.3%-0.4%-0.2%
摊薄 EPS 同比EPS_DILUTED_GROWTH -10.8%-80.5%417.2%38.0%-13.5%25.7%-2.7%12.8%-0.4%23.6%

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