Coca-Cola vs Procter & Gamble Business Model (2026)
Coca-Cola earns most from Concentrate operations (59.4%), while Procter & Gamble earns most from Fabric & Home Care (34.8%). Computed from Coca-Cola 10-K FY2025 and Procter & Gamble 10-K FY2026.
Last checked 2026-10-18 on the official pages.
Coca-Cola
Amounts in millions of USD. Shares are computed from the filing.
| Revenue line | Value | % of total | Filing |
|---|---|---|---|
| Concentrate operations | $28,462 million ($28.5 billion) | 59.4% | 10-K FY2025 ↗ |
| Finished product operations | $19,479 million ($19.5 billion) | 40.6% | 10-K FY2025 ↗ |
| Total revenue | $47,941 million ($47.9 billion) | — | 10-K FY2025 ↗ |
Procter & Gamble
Amounts in millions of USD. Shares are computed from the filing.
| Revenue line | Value | % of total | Filing |
|---|---|---|---|
| Beauty | $16,023 million ($16.0 billion) | 18.4% | 10-K FY2026 ↗ |
| Grooming (includes Gillette) | $6,918 million ($6.9 billion) | 7.9% | 10-K FY2026 ↗ |
| Health Care | $12,456 million ($12.5 billion) | 14.3% | 10-K FY2026 ↗ |
| Fabric & Home Care | $30,314 million ($30.3 billion) | 34.8% | 10-K FY2026 ↗ |
| Baby, Feminine & Family Care | $20,401 million ($20.4 billion) | 23.4% | 10-K FY2026 ↗ |
| Corporate | $919 million | 1.1% | 10-K FY2026 ↗ |
| Total revenue | $87,032 million ($87.0 billion) | — | 10-K FY2026 ↗ |
Shared business models
Company and model pages
Coca-Cola: Licensing and royalties · Retail margin
Procter & Gamble: Razor and blades · Retail margin
Frequently asked questions
How does Coca-Cola make money?
Coca-Cola makes money mainly from Concentrate operations. Its FY2025 total revenue was $47,941 million ($47.9 billion), with Concentrate operations the biggest disclosed revenue line at $28,462 million ($28.5 billion) and 59.4% of total revenue (computed from the 10-K FY2025). Coca-Cola’s finished product business sells beverages to retailers and distribution partners.
How does Procter & Gamble make money?
Procter & Gamble makes money mainly from Fabric & Home Care. Its FY2026 total revenue was $87,032 million ($87.0 billion), with Fabric & Home Care the biggest disclosed revenue line at $30,314 million ($30.3 billion) and 34.8% of total revenue (computed from the 10-K FY2026). P&G's Grooming business includes Gillette razors and blades.