KO vs. PM: Coca-Cola vs. Philip Morris Stock Comparison
How do Coca-Cola (KO) and Philip Morris (PM) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Coca-Cola (KO) and Philip Morris (PM) both fall under the Food, Beverage & Tobacco industry group, but KO is classified in Beverages while PM is classified in Tobacco.
| Profile Item | KO | PM |
|---|---|---|
| Name | The Coca-Cola Company | Philip Morris International Inc. |
| Country/Region | United States | United States |
| GICS Sector | Consumer Staples | Consumer Staples |
| GICS Industry Group | Food, Beverage & Tobacco | Food, Beverage & Tobacco |
| GICS Industry | Beverages | Tobacco |
| GICS Sub-Industry | Soft Drinks & Non-alcoholic Beverages | Tobacco |
| Market Capitalization | 356.93 billion USD | 287.96 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | January 2, 1962 | March 17, 2008 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | KO | PM |
|---|---|---|
| Total Return (1Y) | 19.56% | 7.03% |
| Total Return (3Y, Annualized) | 14.38% | 29.16% |
| Total Return (5Y, Annualized) | 12.29% | 18.79% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | KO | PM |
|---|---|---|
| Volatility (1Y, Annualized) | 17.30% | 28.25% |
| Beta (5Y) | 0.34 | 0.38 |
| Max Drawdown (5Y) | -17.27% | -22.78% |
| Avg. Volume (3M) | 16.54M | 4.94M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | KO | PM |
|---|---|---|
| Sharpe Ratio (1Y) | 0.90 | 0.11 |
| Sortino Ratio (1Y) | 1.50 | 0.15 |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: Coca-Cola (KO) earns 43.37% on shareholders’ equity, ranked against its industry; Philip Morris (PM) has no ROE this period.
KO
Food, Beverage & Tobacco industry group
43.37%
- KO
- 43.37%
- Max
- 34.02%
- Q3
- 18.24%
- Median
- 12.04%
- Q1
- 3.33%
- Min
- -18.08%
PM
Food, Beverage & Tobacco industry group
--
- Max
- 34.02%
- Q3
- 18.24%
- Median
- 12.04%
- Q1
- 3.33%
- Min
- -18.08%
- PM
- --
Net Margin (TTM)
For every dollar of sales, both Coca-Cola (KO) at 27.80% and Philip Morris (PM) at 26.74% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
KO
Food, Beverage & Tobacco industry group
27.80%
- KO
- 27.80%
- Max
- 27.80%
- Q3
- 12.19%
- Median
- 5.93%
- Q1
- 0.91%
- Min
- -7.46%
PM
Food, Beverage & Tobacco industry group
26.74%
- Max
- 27.80%
- PM
- 26.74%
- Q3
- 12.19%
- Median
- 5.93%
- Q1
- 0.91%
- Min
- -7.46%
Operating Margin (TTM)
Both Coca-Cola (KO) at 35.06% and Philip Morris (PM) at 36.04% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
KO
Food, Beverage & Tobacco industry group
35.06%
- Max
- 36.04%
- KO
- 35.06%
- Q3
- 17.42%
- Median
- 10.31%
- Q1
- 3.64%
- Min
- -7.33%
PM
Food, Beverage & Tobacco industry group
36.04%
- PM
- 36.04%
- Max
- 36.04%
- Q3
- 17.42%
- Median
- 10.31%
- Q1
- 3.64%
- Min
- -7.33%
Profitability Metrics
| Metric | KO | PM |
|---|---|---|
| ROE (TTM) | 43.37% | -- |
| ROA (TTM) | 9.51% | 15.46% |
| Net Margin (TTM) | 27.80% | 26.74% |
| Operating Margin (TTM) | 35.06% | 36.04% |
| Gross Margin (TTM) | 61.74% | 67.28% |
Growth
Revenue Growth
Revenue Growth Metrics
| Metric | KO | PM |
|---|---|---|
| Revenue Growth (YoY) | 1.87% | 7.31% |
| Revenue Growth (3Y CAGR) | 3.69% | 8.57% |
EPS Growth
EPS Growth Metrics
| Metric | KO | PM |
|---|---|---|
| EPS Growth (YoY) | 23.58% | 60.26% |
| EPS Growth (3Y CAGR) | 11.55% | 7.71% |
Financial Strength
Current Ratio (MRQ)
Coca-Cola (KO) at 1.36 keeps current ratio within its industry’s typical mid-range, while Philip Morris (PM) at 0.98 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for PM.
KO
Food, Beverage & Tobacco industry group
1.36
- Max
- 4.39
- Q3
- 2.62
- Median
- 1.60
- KO
- 1.36
- Q1
- 1.01
- Min
- 0.46
PM
Food, Beverage & Tobacco industry group
0.98
- Max
- 4.39
- Q3
- 2.62
- Median
- 1.60
- Q1
- 1.01
- PM
- 0.98
- Min
- 0.46
Debt / Equity (MRQ)
Only one side’s leverage can be read here: Coca-Cola (KO) carries debt-to-equity ratio of 1.25 against its industry range, while Philip Morris (PM) reports no figure this period.
KO
Food, Beverage & Tobacco industry group
1.25
- Max
- 2.20
- KO
- 1.25
- Q3
- 1.16
- Median
- 0.71
- Q1
- 0.35
- Min
- 0.00
PM
Food, Beverage & Tobacco industry group
--
- Max
- 2.20
- Q3
- 1.16
- Median
- 0.71
- Q1
- 0.35
- Min
- 0.00
- PM
- --
Financial Strength Metrics
| Metric | KO | PM |
|---|---|---|
| Current Ratio (MRQ) | 1.36 | 0.98 |
| Debt / Equity (MRQ) | 1.25 | -- |
| Net Debt / EBITDA | 1.84 | 2.50 |
Dividends
Dividend Yield (TTM)
Both Coca-Cola (KO) at 2.45% and Philip Morris (PM) at 3.16% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
KO
Food, Beverage & Tobacco industry group
2.45%
- Max
- 9.76%
- Q3
- 4.19%
- Median
- 2.67%
- KO
- 2.45%
- Q1
- 0.00%
- Min
- 0.00%
PM
Food, Beverage & Tobacco industry group
3.16%
- Max
- 9.76%
- Q3
- 4.19%
- PM
- 3.16%
- Median
- 2.67%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Coca-Cola (KO) at 64.78% and Philip Morris (PM) at 81.09% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
KO
Food, Beverage & Tobacco industry group
64.78%
- Max
- 159.06%
- Q3
- 86.06%
- KO
- 64.78%
- Median
- 41.34%
- Q1
- 0.00%
- Min
- 0.00%
PM
Food, Beverage & Tobacco industry group
81.09%
- Max
- 159.06%
- Q3
- 86.06%
- PM
- 81.09%
- Median
- 41.34%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | KO | PM |
|---|---|---|
| Dividend Yield (TTM) | 2.45% | 3.16% |
| Dividend Payout Ratio (TTM) | 64.78% | 81.09% |
Valuation
P/E Ratio (TTM)
Both Coca-Cola (KO) at 26.09 and Philip Morris (PM) at 25.99 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
KO
Food, Beverage & Tobacco industry group
26.09
- Max
- 48.39
- Q3
- 29.09
- KO
- 26.09
- Median
- 18.86
- Q1
- 12.40
- Min
- 5.67
PM
Food, Beverage & Tobacco industry group
25.99
- Max
- 48.39
- Q3
- 29.09
- PM
- 25.99
- Median
- 18.86
- Q1
- 12.40
- Min
- 5.67
P/S Ratio (TTM)
Investors are paying well above the peer range per dollar of sales for both Coca-Cola (KO) at 7.24 and Philip Morris (PM) at 6.94 — each P/S ratio clears its industry’s benchmark range.
KO
Food, Beverage & Tobacco industry group
7.24
- KO
- 7.24
- Max
- 4.61
- Q3
- 2.33
- Median
- 0.97
- Q1
- 0.53
- Min
- 0.00
PM
Food, Beverage & Tobacco industry group
6.94
- PM
- 6.94
- Max
- 4.61
- Q3
- 2.33
- Median
- 0.97
- Q1
- 0.53
- Min
- 0.00
P/B Ratio (MRQ)
Philip Morris (PM) reports a negative P/B ratio of -31.03, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile Coca-Cola (KO) reports 10.61, ranking against industry peers normally.
KO
Food, Beverage & Tobacco industry group
10.61
- KO
- 10.61
- Max
- 6.78
- Q3
- 3.49
- Median
- 1.70
- Q1
- 0.95
- Min
- 0.00
PM
Food, Beverage & Tobacco industry group
-31.03
- Max
- 6.78
- Q3
- 3.49
- Median
- 1.70
- Q1
- 0.95
- Min
- 0.00
- PM
- -31.03
Valuation Metrics
| Metric | KO | PM |
|---|---|---|
| P/E Ratio (TTM) | 26.09 | 25.99 |
| P/S Ratio (TTM) | 7.24 | 6.94 |
| P/B Ratio (MRQ) | 10.61 | -31.03 |
| Free Cash Flow Yield (TTM) | 0.88% | 2.98% |