PG vs. KO

Last updated Apr 2, 2026

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

Performance

PG vs. KO - Performance Comparison

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

PG vs. KO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
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%

Fundamentals

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

Returns By Period

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

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%

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

Return for Risk

PG vs. KO — Risk / Return Rank

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

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

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

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.

PG vs. KO - Risk-Adjusted Trends Comparison

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

	PG	KO	Difference
Sharpe ratio Return per unit of total volatility	-0.70	0.54	-1.24
Sortino ratio Return per unit of downside risk	-0.87	0.91	-1.78
Omega ratio Gain probability vs. loss probability	0.90	1.10	-0.21
Calmar ratio Return relative to maximum drawdown	-0.72	0.95	-1.67
Martin ratio Return relative to average drawdown	-1.33	1.92	-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.

PG vs. KO - Sharpe Ratio Comparison

The current PG Sharpe Ratio is -0.70, which is lower than the KO Sharpe Ratio of 0.54. The chart below compares the historical Sharpe Ratios of PG and KO, 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

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

Correlation

The correlation between PG and KO 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

PG vs. KO - Dividend Comparison

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

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
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%

Drawdowns

PG vs. KO - Drawdown Comparison

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

Drawdown Indicators

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

Volatility

PG vs. KO - Volatility Comparison

The Procter & Gamble Company (PG) has a higher volatility of 5.44% compared to The Coca-Cola Company (KO) at 4.04%. This indicates that PG's price experiences larger fluctuations and is considered to be riskier than KO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

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

Financials

PG vs. KO - Profitability Comparison

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

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 - 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 - 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 - 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 - 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%.

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%.