Coca-Cola CoFRA:CCC3 -1.06%81 Gross Margin % is 62.96% as of Mar. 2026, which is 4% above its 10-year median of 60.72. GuruFocus rates FRA:CCC3 with a GF Score™ of 81/100 and a GF Value™ of €61.79 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 115 Beverages - Non-Alcoholic companies, Coca-Cola Co ranks better than 94.78% on this metric.
The historical rank and industry rank for Coca-Cola Co's Gross Margin % or its related term are showing as below:
FRA:CCC3'
s Gross Margin % Range Over the Past 10 Years
Min: 58.14 Med: 60.72 Max: 62.11
Current: 61.74
During the past 13 years, the highestGross Margin % of Coca-Cola Co was 62.11%. The lowest was 58.14%. And the median was 60.72%.
FRA:CCC3's Gross Margin % is ranked better than 94.78% of 115
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 38.43
vs FRA:CCC3: 61.74
Coca-Cola Co had a gross margin of 62.96% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Coca-Cola Co was 0.70% per year.
Coca-Cola Co (FRA:CCC3) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Coca-Cola Co had a gross margin of 62.96% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Coca-Cola Co Gross Margin % Related Terms
Coca-Cola Co Gross Margin % Historical Data
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The historical data trend for Coca-Cola Co's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:CCC3 vs PEP, MNST, KDP: Gross Margin % Comparison
For the Beverages - Non-Alcoholic subindustry, Coca-Cola Co's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Coca-Cola Co Gross Margin % vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Coca-Cola Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Coca-Cola Co's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Coca-Cola Co (FRA:CCC3) has a Gross Margin % of 62.96% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Coca-Cola Co and its competitors. This is near median its historical median of 60.72. Over the past decade, Coca-Cola Co's Gross Margin % has ranged from 58.14 to 62.11. According to the industry distribution chart, Coca-Cola Co ranks #6 out of 115 companies in the Beverages - Non-Alcoholic industry, placing it in the top 5.2%.
Is Coca-Cola Co's Gross Margin % too high?
Coca-Cola Co's current Gross Margin % of 62.96% is near median its 10-year median of 60.72. Over the past 10 years, this metric has ranged from a low of 58.14 to a high of 62.11. The Beverages - Non-Alcoholic industry median Gross Margin % is 38.43. Coca-Cola Co's value of 62.96% is 63.8% above this industry median. Based on the distribution chart, Coca-Cola Co ranks #6 out of 115 companies in the Beverages - Non-Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Coca-Cola Co has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Coca-Cola Co's Gross Margin % compare to PEP and MNST?
According to the Beverages - Non-Alcoholic industry distribution chart, Coca-Cola Co ranks #6 out of 115 companies for Gross Margin %. This places Coca-Cola Co in the top 5% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 38.43. Coca-Cola Co's value of 62.96% is 63.8% above this benchmark. Historically, Coca-Cola Co's own Gross Margin % has ranged from 58.14 to 62.11 over the past decade. While the company's 10-year median is 60.72 vs. the industry median of 38.43, Coca-Cola Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Beverages - Non-Alcoholic company?
The median Gross Margin % among Beverages - Non-Alcoholic companies is 38.43, based on 115 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Coca-Cola Co's current Gross Margin % of 62.96% is 63.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Coca-Cola Co and its competitors. For the Beverages - Non-Alcoholic industry, the median Gross Margin % is 38.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coca-Cola Co's current Gross Margin % is 62.96%, which is near median its own 10-year median of 60.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coca-Cola Co stock overvalued right now?
Based on GuruFocus' analysis, Coca-Cola Co (FRA:CCC3) is currently considered Modestly Overvalued. The stock's GF Value™ is €61.79, compared to a current price of €70.68 — trading 14.4% above its estimated fair value. The current Gross Margin % is 62.96%, which is near median its 10-year median of 60.72 and 63.8% above the Beverages - Non-Alcoholic industry median of 38.43. Coca-Cola Co's overall GF Score™ is 81/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Coca-Cola Co (FRA:CCC3), the current Gross Margin % is 62.96% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Coca-Cola Co (FRA:CCC3) Overvalued in 2026?
Based on GuruFocus' analysis, Coca-Cola Co stock appears to be overvalued.
The current stock price of €70.68 is trading 14.4% above its estimated GF Value™ of €61.79.
GuruFocus considers Coca-Cola Co to be Modestly Overvalued.
Key valuation signals for FRA:CCC3:
Gross Margin %: 62.96% (near median its 10-year median of 60.72)
GF Value™: €61.79 vs. price of €70.68 (14.4% above fair value)
Industry Position: 63.8% above the Beverages - Non-Alcoholic median (#6 of 115)
No single metric tells the full story. See the FRA:CCC3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1886, Atlanta-headquartered Coca-Cola is the world's largest nonalcoholic beverage company, with a strong portfolio of 200 brands covering key categories including carbonated soft drinks, water, sports, energy, juice, and coffee. Together with bottlers and distribution partners, the company sells finished beverage products bearing Coca-Cola and licensed brands through retailers and food-service locations in more than 200 countries and regions globally. Coca-Cola generates around 60% of its total revenue overseas, with sizable contributions from emerging economies in Latin America and Asia-Pacific.
81GF Score
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