CL vs. KO
CL (Colgate-Palmolive Company) and KO (The Coca-Cola Company) are both stocks. Both are in the Consumer Defensive sector — CL in Household & Personal Products, KO in Beverages - Non-Alcoholic. Over the past 10 years, CL returned 4.62%/yr vs 10.53%/yr for KO. Their 0.42 correlation means their historical movements had little consistent relationship.
Performance
CL vs. KO - Performance Comparison
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Returns By Period
In the year-to-date period, CL achieves a 19.23% return, which is significantly lower than KO's 25.47% return. Over the past 10 years, CL has underperformed KO with an annualized return of 4.62%, while KO has yielded a comparatively higher 10.53% annualized return.
CL
- 1D
- 2.95%
- 1M
- -2.18%
- 6M
- 0.52%
- YTD
- 19.23%
- 1Y
- 13.78%
- 3Y*
- 9.19%
- 5Y*
- 5.73%
- 10Y*
- 4.62%
- ALL TIME*
- 10.31%
KO
- 1D
- -0.35%
- 1M
- 2.88%
- 6M
- 14.08%
- YTD
- 25.47%
- 1Y
- 29.08%
- 3Y*
- 15.91%
- 5Y*
- 12.18%
- 10Y*
- 10.53%
- ALL TIME*
- 12.25%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $468.59M | $430.56M | $463.16M | |
| $1.60B | $1.48B | $1.47B |
CL vs. KO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CL Colgate-Palmolive Company | 19.23% | -10.98% | 16.57% | 3.78% | -5.44% | 2.08% | 27.17% | 18.60% | -19.19% | 17.88% |
KO The Coca-Cola Company | 25.47% | 15.60% | 8.88% | -4.43% | 10.61% | 11.37% | 2.47% | 20.60% | 6.77% | 14.38% |
Correlation
The correlation between CL and KO is 0.64, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.64 |
Correlation (3Y) Balances recent behavior with more history. | 0.62 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.65 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.59 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 1977 | 0.42 |
Over the past year, CL and KO have become more correlated (0.64) than their long-term average of 0.42, meaning their price movements have been converging.
Fundamentals
CL:
$74.04B
KO:
$372.43B
CL:
$2.53
KO:
$3.32
CL:
36.63
KO:
26.08
CL:
9.46
KO:
3.15
CL:
3.55
KO:
7.45
CL:
315.94
KO:
10.33
CL:
$21.05B
KO:
$50.13B
CL:
$12.72B
KO:
$31.02B
CL:
$3.68B
KO:
$19.57B
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Return for Risk
CL vs. KO — Risk / Return Rank
CL
KO
CL vs. KO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Colgate-Palmolive Company (CL) and The Coca-Cola Company (KO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CL | KO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.96 | ||
| Sortino ratioReturn per unit of downside risk | -1.45 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.29 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 0.82 | 3.71 | -2.90 |
| Martin ratioReturn relative to average drawdown | 1.63 | 8.08 | -6.45 |
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Drawdowns
CL vs. KO - Drawdown Comparison
The maximum CL drawdown since its inception was -58.91%, smaller than the maximum KO drawdown of -68.23%. Use the drawdown chart below to compare losses from any high point for CL and KO.
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Drawdown Indicators
| CL | KO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.91% | -68.23% | +9.32% |
Max Drawdown (1Y)Largest decline over 1 year | -16.97% | -7.87% | -9.10% |
Max Drawdown (3Y)Largest decline over 3 years | -29.05% | -15.50% | -13.55% |
Max Drawdown (5Y)Largest decline over 5 years | -29.05% | -17.27% | -11.78% |
Max Drawdown (10Y)Largest decline over 10 years | -29.05% | -36.99% | +7.94% |
Current DrawdownCurrent decline from peak | -10.85% | -2.83% | -8.02% |
Average DrawdownAverage peak-to-trough decline | -11.24% | -16.06% | +4.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.50% | 3.61% | +4.89% |
Volatility
CL vs. KO - Volatility Comparison
The current volatility for Colgate-Palmolive Company (CL) is 7.70%, while The Coca-Cola Company (KO) has a volatility of 8.41%. This indicates that CL experiences smaller price fluctuations and is considered to be less risky than KO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CL | KO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.70% | 8.41% | -0.71% |
Volatility (6M)Calculated over the trailing 6-month period | 17.07% | 14.99% | +2.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.64% | 18.59% | +4.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.03% | 16.64% | +2.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.90% | 18.43% | +1.47% |
Dividends
CL vs. KO - Dividend Comparison
CL's dividend yield for the trailing twelve months is around 2.27%, less than KO's 2.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CL Colgate-Palmolive Company | 2.27% | 2.61% | 2.18% | 2.40% | 2.36% | 2.10% | 2.05% | 2.48% | 2.79% | 2.11% | 2.37% | 2.25% |
KO The Coca-Cola Company | 2.40% | 2.92% | 3.12% | 3.12% | 2.77% | 2.84% | 2.99% | 2.89% | 3.29% | 3.23% | 3.38% | 3.07% |
Financials
CL vs. KO - Financials Comparison
This section allows you to compare key financial metrics between Colgate-Palmolive Company and The Coca-Cola Company. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CL vs. KO - Profitability Comparison
CL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Colgate-Palmolive Company reported a gross profit of 3.30B and revenue of 5.36B. Therefore, the gross margin over that period was 61.5%.
KO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, The Coca-Cola Company reported a gross profit of 8.42B and revenue of 13.38B. Therefore, the gross margin over that period was 62.9%.
CL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Colgate-Palmolive Company reported an operating income of 1.02B and revenue of 5.36B, resulting in an operating margin of 19.0%.
KO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, The Coca-Cola Company reported an operating income of 4.67B and revenue of 13.38B, resulting in an operating margin of 34.9%.
CL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Colgate-Palmolive Company reported a net income of 693.00M and revenue of 5.36B, resulting in a net margin of 12.9%.
KO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, The Coca-Cola Company reported a net income of 4.43B and revenue of 13.38B, resulting in a net margin of 33.1%.
Frequently Asked Questions
CL and KO have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KO has higher volatility (8.41%) compared to CL (7.70%). In terms of maximum drawdown, CL dropped -58.91% vs KO's -68.23%.
KO currently has the higher Sharpe Ratio (1.57 vs 0.61), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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