KO vs. PG

Last updated Apr 2, 2026

Compare and contrast key facts about The Coca-Cola Company (KO) and The Procter & Gamble Company (PG).

Performance

KO vs. PG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Coca-Cola Company (KO) and The Procter & Gamble Company (PG). The values are adjusted to include any dividend payments, if applicable.

KO vs. PG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KO The Coca-Cola Company	9.57%	15.60%	8.88%	-4.43%	10.61%	11.37%	2.47%	20.60%	6.77%	14.38%
PG The Procter & Gamble Company	1.26%	-12.26%	17.25%	-0.86%	-5.05%	20.52%	14.15%	39.70%	3.57%	12.69%

Fundamentals

Market Cap KO : $328.13B PG : $349.27B
EPS KO : $3.04 PG : $6.75
PE Ratio KO : 25.04 PG : 21.34
PEG Ratio KO : 3.02 PG : 5.22
PS Ratio KO : 6.85 PG : 4.12
PB Ratio KO : 10.20 PG : 6.55
Total Revenue (TTM) KO : $47.94B PG : $85.26B
Gross Profit (TTM) KO : $29.54B PG : $43.21B
EBITDA (TTM) KO : $18.18B PG : $23.62B

Returns By Period

In the year-to-date period, KO achieves a 9.57% return, which is significantly higher than PG's 1.26% return. Both investments have delivered pretty close results over the past 10 years, with KO having a 8.31% annualized return and PG not far ahead at 8.53%.

KO

• 1D: 0.04%
• 1M: -4.51%
• YTD: 9.57%
• 6M: 15.52%
• 1Y: 8.93%
• 3Y*: 10.28%
• 5Y*: 10.95%
• 10Y*: 8.31%

PG

• 1D: -0.24%
• 1M: -11.88%
• YTD: 1.26%
• 6M: -4.60%
• 1Y: -13.20%
• 3Y*: 1.51%
• 5Y*: 4.01%
• 10Y*: 8.53%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

KO vs. PG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KO

KO Risk / Return Rank: 56
KO Sharpe Ratio Rank: 59
KO Sortino Ratio Rank: 52
KO Omega Ratio Rank: 49
KO Calmar Ratio Rank: 62
KO Martin Ratio Rank: 59

PG

PG Risk / Return Rank: 13
PG Sharpe Ratio Rank: 11
PG Sortino Ratio Rank: 12
PG Omega Ratio Rank: 14
PG Calmar Ratio Rank: 15
PG Martin Ratio Rank: 14

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KO vs. PG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Coca-Cola Company (KO) and The Procter & Gamble Company (PG). 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.

	KO	PG	Difference
Sharpe ratio Return per unit of total volatility	0.54	-0.70	+1.24
Sortino ratio Return per unit of downside risk	0.91	-0.87	+1.78
Omega ratio Gain probability vs. loss probability	1.10	0.90	+0.21
Calmar ratio Return relative to maximum drawdown	0.95	-0.72	+1.67
Martin ratio Return relative to average drawdown	1.92	-1.33	+3.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KO vs. PG - Sharpe Ratio Comparison

The current KO Sharpe Ratio is 0.54, which is higher than the PG Sharpe Ratio of -0.70. The chart below compares the historical Sharpe Ratios of KO and PG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	KO	PG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.54	-0.70	+1.24
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.70	0.23	+0.47
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.46	0.45	+0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	0.46	+0.07

Correlation

The correlation between KO and PG is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

KO vs. PG - Dividend Comparison

KO's dividend yield for the trailing twelve months is around 2.71%, less than PG's 2.93% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KO The Coca-Cola Company	2.71%	2.92%	3.12%	3.12%	2.77%	2.84%	2.99%	2.89%	3.29%	3.23%	3.38%	3.07%
PG The Procter & Gamble Company	2.93%	2.91%	2.36%	2.55%	2.38%	2.08%	2.24%	2.37%	3.09%	2.98%	3.18%	3.31%

Drawdowns

KO vs. PG - Drawdown Comparison

The maximum KO drawdown since its inception was -68.23%, which is greater than PG's maximum drawdown of -54.25%. Use the drawdown chart below to compare losses from any high point for KO and PG.

Drawdown Indicators

	KO	PG	Difference
Max Drawdown Largest peak-to-trough decline	-68.23%	-54.25%	-13.98%
Max Drawdown (1Y) Largest decline over 1 year	-9.82%	-18.31%	+8.49%
Max Drawdown (5Y) Largest decline over 5 years	-17.27%	-23.77%	+6.50%
Max Drawdown (10Y) Largest decline over 10 years	-36.99%	-23.77%	-13.22%
Current Drawdown Current decline from peak	-6.08%	-17.11%	+11.03%
Average Drawdown Average peak-to-trough decline	-16.13%	-12.15%	-3.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.84%	9.89%	-5.05%

Volatility

KO vs. PG - Volatility Comparison

The current volatility for The Coca-Cola Company (KO) is 4.04%, while The Procter & Gamble Company (PG) has a volatility of 5.44%. This indicates that KO experiences smaller price fluctuations and is considered to be less risky than PG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KO	PG	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.04%	5.44%	-1.40%
Volatility (6M) Calculated over the trailing 6-month period	11.82%	13.45%	-1.63%
Volatility (1Y) Calculated over the trailing 1-year period	16.62%	18.81%	-2.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.76%	17.45%	-1.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.14%	18.84%	-0.70%

Financials

KO vs. PG - Profitability Comparison

The chart below illustrates the profitability comparison between The Coca-Cola Company and The Procter & Gamble Company over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

KO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, The Coca-Cola Company reported a gross profit of 7.10B and revenue of 11.82B. Therefore, the gross margin over that period was 60.1%.

PG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, The Procter & Gamble Company reported a gross profit of 11.37B and revenue of 22.21B. Therefore, the gross margin over that period was 51.2%.

KO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, The Coca-Cola Company reported an operating income of 3.11B and revenue of 11.82B, resulting in an operating margin of 26.3%.

PG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, The Procter & Gamble Company reported an operating income of 5.37B and revenue of 22.21B, resulting in an operating margin of 24.2%.

KO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, The Coca-Cola Company reported a net income of 2.27B and revenue of 11.82B, resulting in a net margin of 19.2%.

PG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, The Procter & Gamble Company reported a net income of 4.33B and revenue of 22.21B, resulting in a net margin of 19.5%.