The Moat Index

COCA COLA CO

KO · scored from FY2025 filings · Wide moat

On the watchlist

82/ 100
Wide moat

The four filters

Pricing power100

Median gross margin 60.7% over 10y, very stable.

Returns on capital82

Median ROIC 15.9%, above the 9% hurdle in 100% of years.

Balance-sheet safety71

Net cash position — no leverage risk.

Capital discipline66

Owner earnings +8.1%/yr, share count flat.

Margin of safety

Above valueOn sale
No price data
Owner earnings (normalized)
$10.6B
Est. intrinsic value / share
$27.18
Recent price
Discount to value
No price data

Conservative model: 9% discount rate, 4% assumed growth (capped at 4%), maintenance capex ≈ min(capex, D&A).

Moat Score history

Moat Score over time · 2 readings since 2026-07-17

Scores are logged append-only and never overwritten — this record can't be backfilled, which is exactly why it's worth keeping.

COCA COLA CO (KO) Moat Score — The Moat Index · Buy Like Buffett