Coca-Cola Co. (KO)
Price to Operating Profit (P/OP)
since 2005
Difficulty: Beginner
Calculation
Coca-Cola Co., P/OP, long-term trends, calculation
| P/OP | = | Share price1, 2, 3 | ÷ | Operating profit per share1 | Operating profit per share1 | = | Operating income1 (in millions) |
÷ | No. shares of common stock outstanding2 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Dec 31, 2005 | 16.34 | = | 20.99 | ÷ | 1.28 | 1.28 | = | 6,085 | ÷ | 4,735,766,494 |
| Dec 31, 2006 | 17.46 | = | 23.79 | ÷ | 1.36 | 1.36 | = | 6,308 | ÷ | 4,630,577,016 |
| Dec 31, 2007 | 19.05 | = | 29.73 | ÷ | 1.56 | 1.56 | = | 7,252 | ÷ | 4,648,024,084 |
| Dec 31, 2008 | 11.26 | = | 20.54 | ÷ | 1.82 | 1.82 | = | 8,446 | ÷ | 4,629,316,324 |
| Dec 31, 2009 | 14.76 | = | 26.36 | ÷ | 1.79 | 1.79 | = | 8,231 | ÷ | 4,610,247,876 |
| Dec 31, 2010 | 17.36 | = | 31.96 | ÷ | 1.84 | 1.84 | = | 8,449 | ÷ | 4,588,633,662 |
| Dec 31, 2011 | 15.42 | = | 34.59 | ÷ | 2.24 | 2.24 | = | 10,154 | ÷ | 4,526,408,442 |
| Dec 31, 2012 | 15.90 | = | 38.45 | ÷ | 2.42 | 2.42 | = | 10,779 | ÷ | 4,456,717,996 |
| Dec 31, 2013 | 16.40 | = | 38.07 | ÷ | 2.32 | 2.32 | = | 10,228 | ÷ | 4,405,893,150 |
| Dec 31, 2014 | 18.91 | = | 42.05 | ÷ | 2.22 | 2.22 | = | 9,708 | ÷ | 4,366,243,616 |
| Dec 31, 2015 | 21.91 | = | 44.16 | ÷ | 2.02 | 2.02 | = | 8,728 | ÷ | 4,329,497,778 |
| Dec 31, 2016 | 20.80 | = | 41.78 | ÷ | 2.01 | 2.01 | = | 8,626 | ÷ | 4,293,461,702 |
| Dec 31, 2017 | 25.05 | = | 44.04 | ÷ | 1.76 | 1.76 | = | 7,501 | ÷ | 4,265,906,533 |
| Dec 31, 2018 | 22.54 | = | 45.86 | ÷ | 2.03 | 2.03 | = | 8,700 | ÷ | 4,275,340,031 |
Based on: 10-K (filing date: 2006-02-28), 10-K (filing date: 2007-02-21), 10-K (filing date: 2008-02-28), 10-K (filing date: 2009-02-26), 10-K (filing date: 2010-02-26), 10-K (filing date: 2011-02-28), 10-K (filing date: 2012-02-23), 10-K (filing date: 2013-02-27), 10-K (filing date: 2014-02-27), 10-K (filing date: 2015-02-25), 10-K (filing date: 2016-02-25), 10-K (filing date: 2017-02-24), 10-K (filing date: 2018-02-23), 10-K (filing date: 2019-02-21).
1 USD $
2 Data adjusted for splits and stock dividends.
3 Close price on the filing date of Coca-Cola Co.’s Annual Report.
Comparison to Competitors
Coca-Cola Co., P/OP, long-term trends, comparison to competitors
| Coca-Cola Co. | PepsiCo Inc. | |
|---|---|---|
| Dec 31, 2005 | 16.34 | 16.65 |
| Dec 31, 2006 | 17.46 | 16.43 |
| Dec 31, 2007 | 19.05 | 16.02 |
| Dec 31, 2008 | 11.26 | 11.71 |
| Dec 31, 2009 | 14.76 | 12.18 |
| Dec 31, 2010 | 17.36 | 12.07 |
| Dec 31, 2011 | 15.42 | 10.32 |
| Dec 31, 2012 | 15.90 | 12.76 |
| Dec 31, 2013 | 16.40 | 12.25 |
| Dec 31, 2014 | 18.91 | 15.51 |
| Dec 31, 2015 | 21.91 | 16.77 |
| Dec 31, 2016 | 20.80 | 15.57 |
| Dec 31, 2017 | 25.05 | 15.15 |
| Dec 31, 2018 | 22.54 | 16.10 |
Based on: 10-K (filing date: 2006-02-28), 10-K (filing date: 2007-02-21), 10-K (filing date: 2008-02-28), 10-K (filing date: 2009-02-26), 10-K (filing date: 2010-02-26), 10-K (filing date: 2011-02-28), 10-K (filing date: 2012-02-23), 10-K (filing date: 2013-02-27), 10-K (filing date: 2014-02-27), 10-K (filing date: 2015-02-25), 10-K (filing date: 2016-02-25), 10-K (filing date: 2017-02-24), 10-K (filing date: 2018-02-23), 10-K (filing date: 2019-02-21).