COKE vs. GOOGL
COKE (Coca-Cola Consolidated, Inc.) and GOOGL (Alphabet Inc. Class A) are both stocks. COKE operates in Beverages - Non-Alcoholic (Consumer Defensive), while GOOGL operates in Internet Content & Information (Communication Services). Over the past 10 years, COKE returned 31.72%/yr vs 25.89%/yr for GOOGL. At a 0.24 correlation, their price movements are largely independent.
Performance
COKE vs. GOOGL - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with COKE having a 16.99% return and GOOGL slightly lower at 16.22%. Over the past 10 years, COKE has outperformed GOOGL with an annualized return of 31.72%, while GOOGL has yielded a comparatively lower 25.89% annualized return.
COKE
- 1D
- -0.61%
- 1M
- 2.58%
- YTD
- 16.99%
- 6M
- 9.02%
- 1Y
- 65.74%
- 3Y*
- 40.58%
- 5Y*
- 33.34%
- 10Y*
- 31.72%
GOOGL
- 1D
- -1.36%
- 1M
- -9.30%
- YTD
- 16.22%
- 6M
- 15.96%
- 1Y
- 110.03%
- 3Y*
- 44.20%
- 5Y*
- 24.94%
- 10Y*
- 25.89%
COKE vs. GOOGL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
COKE Coca-Cola Consolidated, Inc. | 16.99% | 22.63% | 38.75% | 82.92% | -17.09% | 133.24% | -5.87% | 60.74% | -17.10% | 20.94% |
GOOGL Alphabet Inc. Class A | 16.22% | 65.99% | 36.01% | 58.32% | -39.09% | 65.30% | 30.85% | 28.18% | -0.80% | 32.93% |
Correlation
The correlation between COKE and GOOGL is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Aug 20, 2004 | 0.24 |
Over the past year, the correlation between COKE and GOOGL has dropped to 0.04 - well below their long-term average of 0.24, suggesting their price drivers have been diverging.
Fundamentals
COKE:
$11.91B
GOOGL:
$4.45T
COKE:
$7.14
GOOGL:
$13.11
COKE:
25.06
GOOGL:
27.70
COKE:
0.52
GOOGL:
1.36
COKE:
1.93
GOOGL:
10.50
COKE:
$7.49B
GOOGL:
$422.57B
COKE:
$2.95B
GOOGL:
$255.12B
COKE:
$1.10B
GOOGL:
$174.08B
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Return for Risk
COKE vs. GOOGL — Risk / Return Rank
COKE
GOOGL
COKE vs. GOOGL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Coca-Cola Consolidated, Inc. (COKE) and Alphabet Inc. Class A (GOOGL). 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.
| COKE | GOOGL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.87 | ||
| Sortino ratioReturn per unit of downside risk | -2.82 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.61 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 2.69 | 5.43 | -2.74 |
| Martin ratioReturn relative to average drawdown | 8.04 | 19.79 | -11.75 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| COKE | GOOGL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.91 | 3.78 | -1.87 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.89 | 0.80 | +0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.86 | 0.89 | -0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.84 | -0.39 |
Drawdowns
COKE vs. GOOGL - Drawdown Comparison
The maximum COKE drawdown since its inception was -54.32%, smaller than the maximum GOOGL drawdown of -65.29%. Use the drawdown chart below to compare losses from any high point for COKE and GOOGL.
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Drawdown Indicators
| COKE | GOOGL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.32% | -65.29% | +10.97% |
Max Drawdown (1Y)Largest decline over 1 year | -24.56% | -20.37% | -4.19% |
Max Drawdown (3Y)Largest decline over 3 years | -27.38% | -29.81% | +2.43% |
Max Drawdown (5Y)Largest decline over 5 years | -35.52% | -44.32% | +8.80% |
Max Drawdown (10Y)Largest decline over 10 years | -51.71% | -44.32% | -7.39% |
Current DrawdownCurrent decline from peak | -17.46% | -9.71% | -7.75% |
Average DrawdownAverage peak-to-trough decline | -18.88% | -13.02% | -5.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.20% | 5.58% | +2.62% |
Volatility
COKE vs. GOOGL - Volatility Comparison
Coca-Cola Consolidated, Inc. (COKE) has a higher volatility of 10.58% compared to Alphabet Inc. Class A (GOOGL) at 8.68%. This indicates that COKE's price experiences larger fluctuations and is considered to be riskier than GOOGL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| COKE | GOOGL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.58% | 8.68% | +1.90% |
Volatility (6M)Calculated over the trailing 6-month period | 29.55% | 20.90% | +8.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.65% | 29.33% | +5.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.49% | 31.33% | +6.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.17% | 29.13% | +8.04% |
Dividends
COKE vs. GOOGL - Dividend Comparison
COKE's dividend yield for the trailing twelve months is around 0.56%, more than GOOGL's 0.29% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COKE Coca-Cola Consolidated, Inc. | 0.56% | 0.65% | 1.59% | 0.54% | 0.20% | 0.16% | 0.38% | 0.35% | 0.56% | 0.46% | 0.56% | 0.55% |
GOOGL Alphabet Inc. Class A | 0.29% | 0.27% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
COKE vs. GOOGL - Financials Comparison
This section allows you to compare key financial metrics between Coca-Cola Consolidated, Inc. and Alphabet Inc. Class A. 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
COKE vs. GOOGL - Profitability Comparison
COKE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Coca-Cola Consolidated, Inc. reported a gross profit of 727.08M and revenue of 1.85B. Therefore, the gross margin over that period was 39.4%.
GOOGL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Alphabet Inc. Class A reported a gross profit of 68.63B and revenue of 109.90B. Therefore, the gross margin over that period was 62.5%.
COKE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Coca-Cola Consolidated, Inc. reported an operating income of 237.52M and revenue of 1.85B, resulting in an operating margin of 12.9%.
GOOGL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Alphabet Inc. Class A reported an operating income of 39.70B and revenue of 109.90B, resulting in an operating margin of 36.1%.
COKE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Coca-Cola Consolidated, Inc. reported a net income of 111.56M and revenue of 1.85B, resulting in a net margin of 6.0%.
GOOGL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Alphabet Inc. Class A reported a net income of 62.58B and revenue of 109.90B, resulting in a net margin of 56.9%.
Frequently Asked Questions
COKE and GOOGL have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
COKE has higher volatility (10.58%) compared to GOOGL (8.68%). In terms of maximum drawdown, COKE dropped -54.32% vs GOOGL's -65.29%.
GOOGL currently has the higher Sharpe Ratio (3.78 vs 1.91), 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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