Coca-Cola (KO) Stock Inflation-Adjusted

The Coca-Cola Company (KO) is a global beverage corporation and one of the world's most recognized brands, manufacturing and marketing non-alcoholic beverage concentrates and syrups with a portfolio spanning sodas, waters, juices, teas, and other drinks.

Nominal stock prices can be misleading when evaluating long-term investment performance due to inflation's impact on purchasing power. To understand Coca-Cola's true value as an investment over time, we must account for inflation's effects. This page adjusts Coca-Cola's historical stock prices using the US Consumer Price Index, providing deeper insight into the company's actual long-term performance.

Nominal prices are adjusted for stock splits and assume reinvestment of any dividends to reflect total return. Inflation-adjusted prices use June 2025 as the baseline (latest available CPI).

The current value of Coca-Cola stock is 69.36 (as of the close of Jul 15, 2025), 6.14% lower than the all-time high of 73.9 (Apr 22, 2025).

Since January 2, 1970, the inflation-adjusted total return for the stock has been 1,891%, which is equivalent to an annual growth rate of 5.53%.

In nominal values, the total return since this date has been 16,892%, or an annualized rate of 9.69%.

Inflation-Adjusted Values by Month

This data presents Coca-Cola's end-of-month closing levels over time. Inflation-adjusted figures show what past levels would be worth using roughly today's purchasing power (based on the latest CPI data). The latest entry in the table will have equal nominal and adjusted values until the next CPI figures are released.

Date Inflation-Adjusted Nominal value
Jul 2025 69.36 69.36
Jun 2025 70.75 70.75
May 2025 72.35 72.1
Apr 2025 72.95 72.55
Mar 2025 72.24 71.62
Feb 2025 71.47 70.7
Jan 2025 64 63.03
Dec 2024 63.18 61.82
Nov 2024 65.05 63.62
Oct 2024 65.81 64.4
Sep 2024 72.49 70.86
Aug 2024 72.7 70.95
Jul 2024 67 65.34
Jun 2024 63.98 62.31
May 2024 62.79 61.14
Apr 2024 61.73 60.01
Mar 2024 61.38 59.44
Feb 2024 60.13 57.85
Jan 2024 59.97 57.34
Dec 2023 59.73 56.8
Nov 2023 59.17 56.33
Oct 2023 56.64 54.02
Sep 2023 56.1 53.53
Aug 2023 59.64 56.77
Jul 2023 62 58.76
Jun 2023 60.41 57.14
May 2023 59.59 56.18
Apr 2023 64.23 60.41
Mar 2023 62.43 58.41
Feb 2023 59.63 55.62
Jan 2023 61.79 57.31
Dec 2022 64.61 59.45
Nov 2022 64.41 59.45
Oct 2022 60.12 55.54
Sep 2022 56.5 51.99
Aug 2022 61.93 56.86
Jul 2022 64.37 59.13
Jun 2022 63.1 57.96
May 2022 63.99 57.98
Apr 2022 65.95 59.11
Mar 2022 63.64 56.72
Feb 2022 64.25 56.51
Jan 2022 63.55 55.39
Dec 2021 62.2 53.76
Nov 2021 55.26 47.62
Oct 2021 59.23 50.79
Sep 2021 55.59 47.28
Aug 2021 59.38 50.36
Jul 2021 60.26 51
Jun 2021 57.45 48.39
May 2021 58.81 49.08
Apr 2021 57.88 47.92
Mar 2021 56.98 46.79
Feb 2021 52.9 43.13
Jan 2021 52.27 42.39
Dec 2020 59.79 48.28
Nov 2020 56.31 45.43
Oct 2020 52.01 41.99
Sep 2020 53.45 43.13
Aug 2020 53.27 42.92
Jul 2020 50.97 40.94
Jun 2020 48.45 38.72
May 2020 50.44 40.09
Apr 2020 49.59 39.42
Mar 2020 47.5 38.01
Feb 2020 56.8 45.55
Jan 2020 62.18 49.73
Dec 2019 59.16 47.13
Nov 2019 57.02 45.47
Oct 2019 57.67 46.01
Sep 2019 57.81 46.01
Aug 2019 58.07 46.19
Jul 2019 55.52 44.16
Jun 2019 53.81 42.73
May 2019 51.53 40.91
Apr 2019 51.57 40.85
Mar 2019 49.51 39.02
Feb 2019 47.76 37.43
Jan 2019 50.92 39.73
Dec 2018 50.19 39.09
Nov 2018 53.25 41.61
Oct 2018 50.03 39.22
Sep 2018 48.35 37.84
Aug 2018 46.31 36.2
Jul 2018 48.48 37.88
Jun 2018 45.6 35.63
May 2018 44.39 34.62
Apr 2018 44.79 34.79
Mar 2018 45.2 34.97
Feb 2018 44.69 34.5
Jan 2018 49.43 37.99
Dec 2017 47.92 36.62
Nov 2017 47.77 36.53
Oct 2017 47.61 36.4
Sep 2017 46.57 35.64
Aug 2017 47.01 35.78
Jul 2017 47.45 36.01
Jun 2017 46.39 35.23
May 2017 46.7 35.43
Apr 2017 44.35 33.62
Mar 2017 43.75 33.07
Feb 2017 42.92 32.41
Jan 2017 42.65 32.11
Dec 2016 42.79 32.02
Nov 2016 41.65 31.17
Oct 2016 43.34 32.48
Sep 2016 43.31 32.42
Aug 2016 44.2 33
Jul 2016 44.44 33.15
Jun 2016 46.1 34.44
May 2016 45.16 33.63
Apr 2016 45.55 33.78
Mar 2016 47.39 34.98
Feb 2016 43.91 32.27
Jan 2016 43.73 32.12
Dec 2015 43.84 32.15
Nov 2015 43.35 31.89
Oct 2015 42.66 31.45
Sep 2015 40.39 29.8
Aug 2015 39.19 28.95
Jul 2015 40.88 30.25
Jun 2015 39.05 28.89
May 2015 40.58 29.92
Apr 2015 40.39 29.62
Mar 2015 40.46 29.62
Feb 2015 43.1 31.37
Jan 2015 41.16 29.82
Dec 2014 42.01 30.58
Nov 2014 44.36 32.48
Oct 2014 40.93 30.13
Sep 2014 41.59 30.69
Aug 2014 40.41 29.8
Jul 2014 38 28.06
Jun 2014 40.95 30.26
May 2014 39.33 29.01
Apr 2014 39.35 28.92
Mar 2014 37.42 27.41
Feb 2014 36.92 26.87
Jan 2014 36.69 26.61
Dec 2013 40.22 29.06
Nov 2013 39.13 28.27
Oct 2013 38.18 27.64
Sep 2013 36.46 26.46
Aug 2013 36.52 26.48
Jul 2013 38.39 27.8
Jun 2013 38.43 27.82
May 2013 38.15 27.55
Apr 2013 40.45 29.16
Mar 2013 38.6 27.86
Feb 2013 36.79 26.48
Jan 2013 35.68 25.47
Dec 2012 34.83 24.79
Nov 2012 36.34 25.94
Oct 2012 35.22 25.26
Sep 2012 35.92 25.77
Aug 2012 35.33 25.24
Jul 2012 38.38 27.26
Jun 2012 37.08 26.38
May 2012 35.15 25.05
Apr 2012 35.86 25.58
Mar 2012 34.88 24.81
Feb 2012 32.93 23.24
Jan 2012 31.98 22.47
Dec 2011 33.27 23.28
Nov 2011 31.9 22.37
Oct 2011 32.15 22.57
Sep 2011 31.73 22.32
Aug 2011 32.92 23.12
Jul 2011 31.86 22.32
Jun 2011 31.55 22.08
May 2011 31.07 21.77
Apr 2011 31.52 21.98
Mar 2011 31.19 21.61
Feb 2011 30.13 20.67
Jan 2011 29.78 20.33
Dec 2010 31.3 21.27
Nov 2010 30.12 20.43
Oct 2010 29.05 19.7
Sep 2010 27.76 18.8
Aug 2010 26.32 17.82
Jul 2010 25.99 17.57
Jun 2010 23.65 15.98
May 2010 24.03 16.25
Apr 2010 25.01 16.9
Mar 2010 25.77 17.39
Feb 2010 24.61 16.53
Jan 2010 25.32 17.01
Dec 2009 26.7 17.88
Nov 2009 26.75 17.94
Oct 2009 24.78 16.61
Sep 2009 24.98 16.72
Aug 2009 22.52 15.07
Jul 2009 23.06 15.4
Jun 2009 22.18 14.83
May 2009 22.71 15.06
Apr 2009 19.94 13.18
Mar 2009 20.42 13.47
Feb 2009 18.83 12.39
Jan 2009 19.78 12.95
Dec 2008 21.06 13.73
Nov 2008 21.57 14.21
Oct 2008 19.73 13.25
Sep 2008 23.44 15.9
Aug 2008 22.89 15.55
Jul 2008 22.54 15.37
Jun 2008 22.87 15.52
May 2008 25.29 16.98
Apr 2008 26.21 17.46
Mar 2008 27.27 18.05
Feb 2008 26.25 17.23
Jan 2008 26.57 17.39
Dec 2007 27.77 18.08
Nov 2007 28.09 18.3
Oct 2007 27.95 18.1
Sep 2007 26.06 16.84
Aug 2007 24.31 15.67
Jul 2007 23.5 15.18
Jun 2007 23.6 15.24
May 2007 23.79 15.34
Apr 2007 23.57 15.1
Mar 2007 21.82 13.89
Feb 2007 21.26 13.41
Jan 2007 21.93 13.76
Dec 2006 22.16 13.86
Nov 2006 21.54 13.45
Oct 2006 21.32 13.34
Sep 2006 20.28 12.75
Aug 2006 20.1 12.71
Jul 2006 20 12.62
Jun 2006 19.39 12.2
May 2006 19.75 12.4
Apr 2006 18.91 11.81
Mar 2006 19.02 11.78
Feb 2006 19.04 11.73
Jan 2006 18.81 11.56
Dec 2005 18.47 11.27
Nov 2005 19.47 11.93
Oct 2005 19.23 11.88
Sep 2005 19.45 11.99
Aug 2005 19.94 12.14
Jul 2005 19.93 12.07
Jun 2005 19.11 11.52
May 2005 20.31 12.24
Apr 2005 19.74 11.91
Mar 2005 19.07 11.43
Feb 2005 19.61 11.66
Jan 2005 19.12 11.3
Dec 2004 19.23 11.34
Nov 2004 18.09 10.71
Oct 2004 18.6 11.01
Sep 2004 18.41 10.84
Aug 2004 20.49 12.04
Jul 2004 20.1 11.8
Jun 2004 23.1 13.59
May 2004 23.46 13.76
Apr 2004 23.24 13.55
Mar 2004 23.19 13.47
Feb 2004 23.06 13.31
Jan 2004 22.85 13.12
Dec 2003 23.68 13.53
Nov 2003 21.66 12.39
Oct 2003 21.46 12.31
Sep 2003 19.85 11.39
Aug 2003 20.07 11.49
Jul 2003 20.81 11.87
Jun 2003 21.51 12.25
May 2003 21.05 11.97
Apr 2003 18.63 10.61
Mar 2003 18.62 10.63
Feb 2003 18.51 10.5
Jan 2003 18.76 10.57
Dec 2002 20.42 11.45
Nov 2002 21.21 11.92
Oct 2002 21.5 12.09
Sep 2002 22.22 12.47
Aug 2002 23.58 13.21
Jul 2002 23.17 12.94
Jun 2002 26.01 14.5
May 2002 25.72 14.34
Apr 2002 25.69 14.32
Mar 2002 24.33 13.49
Feb 2002 22.1 12.18
Jan 2002 20.48 11.25
Dec 2001 22.11 12.11
Nov 2001 21.94 12.07
Oct 2001 22.25 12.26
Sep 2001 21.7 12
Aug 2001 22.57 12.42
Jul 2001 20.68 11.38
Jun 2001 20.8 11.48
May 2001 21.86 12.04
Apr 2001 21.4 11.73
Mar 2001 21.01 11.48
Feb 2001 24.64 13.43
Jan 2001 27.05 14.69
Dec 2000 28.6 15.43
Nov 2000 29.38 15.86
Oct 2000 28.26 15.25
Sep 2000 25.84 13.92
Aug 2000 24.73 13.25
Jul 2000 28.81 15.43
Jun 2000 27.05 14.46
May 2000 25.19 13.39
Apr 2000 22.32 11.85
Mar 2000 22.19 11.78
Feb 2000 23.09 12.15
Jan 2000 27.43 14.36
Dec 1999 27.9 14.56
Nov 1999 32.25 16.83
Oct 1999 28.21 14.71
Sep 1999 23.11 12.03
Aug 1999 28.71 14.87
Jul 1999 29.13 15.06
Jun 1999 29.92 15.41
May 1999 32.97 16.99
Apr 1999 32.76 16.88
Mar 1999 29.76 15.22
Feb 1999 30.99 15.8
Jan 1999 31.73 16.16
Dec 1998 32.62 16.58
Nov 1998 34.09 17.33
Oct 1998 32.81 16.68
Sep 1998 28.05 14.23
Aug 1998 31.66 16.04
Jul 1998 39.19 19.83
Jun 1998 41.67 21.06
May 1998 38.18 19.27
Apr 1998 37.03 18.65
Mar 1998 37.86 19.04
Feb 1998 33.54 16.83
Jan 1998 31.71 15.89
Dec 1997 32.71 16.36
Nov 1997 30.62 15.33
Oct 1997 27.67 13.86
Sep 1997 29.88 14.93
Aug 1997 28.08 14
Jul 1997 33.92 16.88
Jun 1997 33.41 16.61
May 1997 33.63 16.69
Apr 1997 31.22 15.5
Mar 1997 27.39 13.59
Feb 1997 29.98 14.83
Jan 1997 28.53 14.07
Dec 1996 26.02 12.79
Nov 1996 25.28 12.43
Oct 1996 24.96 12.25
Sep 1996 25.23 12.34
Aug 1996 24.81 12.1
Jul 1996 23.31 11.34
Jun 1996 24.41 11.86
May 1996 22.87 11.1
Apr 1996 20.3 9.84
Mar 1996 20.69 9.99
Feb 1996 20.23 9.72
Jan 1996 18.94 9.07
Dec 1995 18.77 8.93
Nov 1995 19.14 9.11
Oct 1995 18.09 8.62
Sep 1995 17.43 8.28
Aug 1995 16.2 7.68
Jul 1995 16.6 7.85
Jun 1995 16.12 7.62
May 1995 15.56 7.34
Apr 1995 14.7 6.92
Mar 1995 14.3 6.71
Feb 1995 14 6.55
Jan 1995 13.41 6.25
Dec 1994 13.22 6.14
Nov 1994 13.12 6.09
Oct 1994 12.94 6
Sep 1994 12.51 5.79
Aug 1994 11.86 5.48
Jul 1994 11.48 5.28
Jun 1994 10.55 4.84
May 1994 10.48 4.79
Apr 1994 10.88 4.97
Mar 1994 10.61 4.84
Feb 1994 11.17 5.08
Jan 1994 10.74 4.87
Dec 1993 11.76 5.32
Nov 1993 11.07 5
Oct 1993 11.43 5.16
Sep 1993 11.18 5.03
Aug 1993 11.5 5.16
Jul 1993 11.5 5.15
Jun 1993 11.44 5.12
May 1993 11.06 4.95
Apr 1993 10.5 4.69
Mar 1993 11.41 5.08
Feb 1993 11.37 5.05
Jan 1993 11.41 5.05
Dec 1992 11.34 4.99
Nov 1992 10.76 4.74
Oct 1992 11.01 4.84
Sep 1992 11.01 4.82
Aug 1992 11.72 5.12
Jul 1992 11.45 4.99
Jun 1992 10.96 4.76
May 1992 12.1 5.24
Apr 1992 11.43 4.95
Mar 1992 11.27 4.87
Feb 1992 11.33 4.87
Jan 1992 10.78 4.62
Dec 1991 11.18 4.78
Nov 1991 9.67 4.13
Oct 1991 9.32 3.97
Sep 1991 9.03 3.84
Aug 1991 9.25 3.92
Jul 1991 8.49 3.58
Jun 1991 7.7 3.24
May 1991 8.11 3.41
Apr 1991 7.49 3.14
Mar 1991 7.72 3.23
Feb 1991 7.47 3.12
Jan 1991 6.95 2.9
Dec 1990 6.67 2.77
Nov 1990 6.64 2.75
Oct 1990 6.46 2.67
Sep 1990 5.72 2.35
Aug 1990 6.17 2.52
Jul 1990 6.68 2.7
Jun 1990 6.57 2.64
May 1990 6.71 2.69
Apr 1990 5.69 2.27
Mar 1990 5.58 2.22
Feb 1990 5.29 2.1
Jan 1990 5.19 2.05
Dec 1989 5.89 2.3
Nov 1989 5.9 2.3
Oct 1989 5.53 2.15
Sep 1989 5.15 2
Aug 1989 5.13 1.98
Jul 1989 5.25 2.02
Jun 1989 4.36 1.68
May 1989 4.48 1.72
Apr 1989 4.23 1.62
Mar 1989 4.02 1.52
Feb 1989 3.77 1.42
Jan 1989 3.71 1.39
Dec 1988 3.56 1.33
Nov 1988 3.46 1.29
Oct 1988 3.45 1.29
Sep 1988 3.5 1.3
Aug 1988 3.23 1.19
Jul 1988 3.11 1.14
Jun 1988 3.18 1.16
May 1988 3.11 1.13
Apr 1988 3.14 1.14
Mar 1988 3.15 1.14
Feb 1988 3.1 1.11
Jan 1988 3.12 1.12
Dec 1987 3.17 1.13
Nov 1987 3.08 1.1
Oct 1987 3.44 1.23
Sep 1987 4.04 1.44
Aug 1987 4.24 1.51
Jul 1987 4.02 1.42
Jun 1987 3.76 1.32
May 1987 3.64 1.28
Apr 1987 3.63 1.27
Mar 1987 3.92 1.36
Feb 1987 3.86 1.33
Jan 1987 3.68 1.27
Dec 1986 3.28 1.12
Nov 1986 3.17 1.09
Oct 1986 3.19 1.09
Sep 1986 2.96 1.01
Aug 1986 3.32 1.13
Jul 1986 3.44 1.17
Jun 1986 3.66 1.24
May 1986 3.42 1.15
Apr 1986 3.28 1.11
Mar 1986 3.09 1.04
Feb 1986 2.83 0.96
Jan 1986 2.45 0.83
Dec 1985 2.47 0.84
Nov 1985 2.44 0.82
Oct 1985 2.11 0.71
Sep 1985 2.06 0.69
Aug 1985 2.12 0.71
Jul 1985 2.15 0.72
Jun 1985 2.07 0.69
May 1985 2.02 0.67
Apr 1985 2.06 0.68
Mar 1985 2.11 0.7
Feb 1985 1.91 0.63
Jan 1985 1.82 0.6
Dec 1984 1.9 0.62
Nov 1984 1.88 0.61
Oct 1984 1.97 0.64
Sep 1984 1.9 0.62
Aug 1984 1.9 0.61
Jul 1984 1.83 0.59
Jun 1984 1.78 0.57
May 1984 1.71 0.55
Apr 1984 1.7 0.54
Mar 1984 1.71 0.54
Feb 1984 1.62 0.51
Jan 1984 1.6 0.51
Dec 1983 1.68 0.53
Nov 1983 1.75 0.55
Oct 1983 1.66 0.52
Sep 1983 1.62 0.51
Aug 1983 1.64 0.51
Jul 1983 1.48 0.46
Jun 1983 1.61 0.5
May 1983 1.67 0.51
Apr 1983 1.81 0.55
Mar 1983 1.74 0.53
Feb 1983 1.63 0.5
Jan 1983 1.65 0.5
Dec 1982 1.7 0.51
Nov 1982 1.62 0.49
Oct 1982 1.42 0.43
Sep 1982 1.33 0.4
Aug 1982 1.29 0.39
Jul 1982 1.2 0.36
Jun 1982 1.11 0.33
May 1982 1.07 0.32
Apr 1982 1.15 0.34
Mar 1982 1.11 0.32
Feb 1982 1.02 0.3
Jan 1982 1.11 0.32
Dec 1981 1.18 0.34
Nov 1981 1.21 0.35
Oct 1981 1.27 0.37
Sep 1981 1.15 0.33
Aug 1981 1.13 0.32
Jul 1981 1.19 0.34
Jun 1981 1.22 0.34
May 1981 1.33 0.37
Apr 1981 1.24 0.34
Mar 1981 1.34 0.37
Feb 1981 1.31 0.36
Jan 1981 1.24 0.33
Dec 1980 1.25 0.33
Nov 1980 1.13 0.3
Oct 1980 1.16 0.3
Sep 1980 1.23 0.32
Aug 1980 1.37 0.35
Jul 1980 1.43 0.37
Jun 1980 1.28 0.33
May 1980 1.32 0.33
Apr 1980 1.31 0.33
Mar 1980 1.27 0.31
Feb 1980 1.33 0.33
Jan 1980 1.45 0.35
Dec 1979 1.44 0.34
Nov 1979 1.42 0.33
Oct 1979 1.46 0.34
Sep 1979 1.57 0.36
Aug 1979 1.74 0.4
Jul 1979 1.72 0.39
Jun 1979 1.69 0.38
May 1979 1.76 0.39
Apr 1979 1.81 0.4
Mar 1979 1.89 0.41
Feb 1979 1.95 0.42
Jan 1979 2.05 0.43
Dec 1978 2.07 0.44
Nov 1978 1.96 0.41
Oct 1978 1.95 0.41
Sep 1978 2.12 0.44
Aug 1978 2.18 0.45
Jul 1978 2.08 0.42
Jun 1978 2.05 0.41
May 1978 2.12 0.42
Apr 1978 2.12 0.42
Mar 1978 1.91 0.38
Feb 1978 1.83 0.36
Jan 1978 1.83 0.35
Dec 1977 1.92 0.37
Nov 1977 1.96 0.38
Oct 1977 1.94 0.37
Sep 1977 2.07 0.39
Aug 1977 2.08 0.39
Jul 1977 2.05 0.39
Jun 1977 1.96 0.37
May 1977 1.91 0.36
Apr 1977 1.97 0.37
Mar 1977 2.07 0.38
Feb 1977 2.08 0.38
Jan 1977 2.05 0.37
Dec 1976 2.17 0.39
Nov 1976 2.18 0.39
Oct 1976 2.27 0.41
Sep 1976 2.39 0.43
Aug 1976 2.41 0.43
Jul 1976 2.43 0.43
Jun 1976 2.37 0.42
May 1976 2.3 0.4
Apr 1976 2.35 0.41
Mar 1976 2.52 0.44
Feb 1976 2.42 0.42
Jan 1976 2.67 0.46
Dec 1975 2.37 0.41
Nov 1975 2.53 0.43
Oct 1975 2.37 0.4
Sep 1975 2.07 0.35
Aug 1975 2.27 0.38
Jul 1975 2.36 0.4
Jun 1975 2.71 0.45
May 1975 2.7 0.45
Apr 1975 2.42 0.4
Mar 1975 2.4 0.39
Feb 1975 2.13 0.35
Jan 1975 2.05 0.33
Dec 1974 1.63 0.26
Nov 1974 1.68 0.27
Oct 1974 1.97 0.31
Sep 1974 1.62 0.25
Aug 1974 2.33 0.36
Jul 1974 2.76 0.42
Jun 1974 3.53 0.54
May 1974 3.53 0.53
Apr 1974 3.52 0.52
Mar 1974 3.69 0.55
Feb 1974 3.9 0.57
Jan 1974 4.04 0.58
Dec 1973 4.38 0.63
Nov 1973 4.53 0.64
Oct 1973 5.01 0.71
Sep 1973 5.18 0.73
Aug 1973 5 0.7
Jul 1973 5.2 0.71
Jun 1973 5.18 0.71
May 1973 5.13 0.7
Apr 1973 5.07 0.68
Mar 1973 5.17 0.69
Feb 1973 5.23 0.7
Jan 1973 5.48 0.72
Dec 1972 5.59 0.74
Nov 1972 5.38 0.71
Oct 1972 5.44 0.71
Sep 1972 5.36 0.7
Aug 1972 5.38 0.7
Jul 1972 5.43 0.7
Jun 1972 5.12 0.66
May 1972 5.11 0.66
Apr 1972 5.03 0.65
Mar 1972 4.87 0.63
Feb 1972 4.84 0.62
Jan 1972 4.66 0.59
Dec 1971 4.75 0.61
Nov 1971 4.24 0.54
Oct 1971 4.27 0.54
Sep 1971 4.26 0.54
Aug 1971 4.28 0.54
Jul 1971 3.93 0.5
Jun 1971 4.05 0.51
May 1971 4 0.5
Apr 1971 3.84 0.48
Mar 1971 3.77 0.47
Feb 1971 3.5 0.43
Jan 1971 3.5 0.43
Dec 1970 3.41 0.42
Nov 1970 3.39 0.42
Oct 1970 3.2 0.39
Sep 1970 3.04 0.37
Aug 1970 2.95 0.36
Jul 1970 2.99 0.36
Jun 1970 2.86 0.34
May 1970 2.95 0.35
Apr 1970 3.07 0.37
Mar 1970 3.36 0.4
Feb 1970 3.49 0.41
Jan 1970 3.36 0.39

Returns from Investing in Coca-Cola stock

How much did an investment in Coca-Cola really grow each year after accounting for inflation? The following chart contains the inflation-adjusted real annual percentage returns.

Detailed Annual Returns (Adjusted vs. Nominal)

The table below shows the returns for Coca-Cola stock by year, both inflation-adjusted and nominal. You can sort any column by clicking on the header.

Observe how inflation erodes nominal gains, sometimes resulting in a negative real return even when the stock price nominally increased, as in 1998.

Year Inflation-Adjusted Return Nominal Return
2024 5.78% 8.83%
2023 -7.56% -4.46%
2022 3.88% 10.59%
2021 4.03% 11.35%
2020 1.06% 2.44%
2019 17.88% 20.57%
2018 4.74% 6.74%
2017 11.99% 14.35%
2016 -2.41% -0.38%
2015 4.35% 5.11%
2014 4.45% 5.24%
2013 15.48% 17.21%
2012 4.7% 6.52%
2011 6.29% 9.44%
2010 17.22% 18.97%
2009 26.78% 30.23%
2008 -24.15% -24.09%
2007 25.32% 30.44%
2006 19.98% 23.02%
2005 -3.93% -0.65%
2004 -18.8% -16.15%
2003 15.96% 18.14%
2002 -7.68% -5.48%
2001 -22.69% -21.49%
2000 2.53% 6%
1999 -14.47% -12.18%
1998 -0.28% 1.33%
1997 25.71% 27.85%
1996 38.65% 43.26%
1995 41.94% 45.54%
1994 12.41% 15.41%
1993 3.74% 6.59%
1992 1.44% 4.39%
1991 67.5% 72.63%
1990 13.37% 20.29%
1989 65.43% 73.12%
1988 12.27% 17.23%
1987 -3.43% 0.85%
1986 32.63% 34.09%
1985 30.43% 35.38%
1984 12.67% 17.12%
1983 -0.98% 2.78%
1982 44.47% 50%
1981 -5.57% 2.86%
1980 -13.44% -2.61%
1979 -30.59% -21.37%
1978 8.04% 17.79%
1977 -11.62% -5.7%
1976 -8.41% -3.95%
1975 45.12% 55.19%
1974 -62.7% -58.1%
1973 -21.64% -14.81%
1972 17.71% 21.72%
1971 39.4% 43.95%

Coca-Cola Stock: Average Annualized Returns

Annualized returns show the average rate of growth per year, making it easier to compare performance across different time periods. While nominal returns indicate the headline growth, adjusting for inflation reveals the actual change in purchasing power.

This table presents both nominal and inflation-adjusted average annual returns for Coca-Cola over various trailing periods ending June 30, 2025, offering a clearer view of long-term, real investment performance.

Period Avg. Annual Return (Inflation-Adjusted) Avg. Annual Return (Nominal)
Last 1 year 10.59% 13.54%
Last 3 years 3.89% 6.87%
Last 5 years 7.87% 12.81%
Last 10 years 6.12% 9.37%
Last 20 years 6.76% 9.5%
Last 30 years 5.05% 7.71%
Last 40 years 9.23% 12.27%
Last 50 years 6.74% 10.65%

Real Returns of Investing in the Coca-Cola

The chart and table below show the nominal and inflation-adjusted value of a hypothetical $100 investment over various long-term historical periods, ending in June 2025.

The inflation-adjusted line, in green, represents the real increase in purchasing power for the initial investment. Observe the gap between both lines, which illustrates the cumulative effect of inflation over time.

Even over just five years, inflation takes a noticeable bite out of investments. Investing $100 in the Coca-Cola five years ago yielded an 55.33% nominal gain, but the real return (the actual increase in buying power) was 24.57%.

As investment periods get longer, the difference between reported nominal returns and the inflation-adjusted gains usually becomes much greater due to the compounding effect of inflation over time.

Investment Period What $100 Grew To (Nominal) Total Nominal Return (%) Total Inflation-Adjusted Return (%)
Last 5 years Feb 2020 - Jun 2025 $155.33 55.33% 24.57%
Last 10 years Feb 2015 - Jun 2025 $225.56 125.56% 64.13%
Last 25 years Feb 2000 - Jun 2025 $582.19 482.19% 206.47%
Last 50 years Feb 1975 - Jun 2025 $20,402.14 20,302% 3,221%

Inflation and Coca-Cola's Business

As a consumer staples company with global operations, Coca-Cola experiences moderate to significant exposure to inflation across its value chain.

  • Input Costs: Inflation directly impacts Coca-Cola's raw material expenses, including sweeteners (sugar, high-fructose corn syrup), packaging materials (aluminum, PET plastic), and water. Agricultural commodity price fluctuations particularly affect the company's cost structure.
  • Manufacturing & Distribution: Rising energy prices increase production costs at bottling facilities, while fuel inflation affects the extensive logistics network required to distribute Coca-Cola products globally.
  • Labor Costs: Wage inflation impacts both corporate overhead and the expenses of Coca-Cola's bottling partners, though the company's highly automated production processes moderate this effect compared to more labor-intensive industries.
  • Market-Specific Inflation: With operations in over 200 countries, Coca-Cola faces varying inflation rates across markets, creating complex pricing and margin management challenges that require localized strategies.

Coca-Cola employs several effective strategies to mitigate inflation's impact. The company leverages its immense scale to negotiate favorable supplier contracts and employs sophisticated hedging strategies for key commodities, helping to stabilize input costs despite market volatility.

Perhaps most importantly, Coca-Cola possesses significant pricing power due to its strong brand equity and loyal customer base. This allows the company to implement price increases that generally keep pace with or exceed inflation rates in most markets, protecting margins even during inflationary periods. The company's diverse product portfolio also enables strategic price positioning across different segments, with premium offerings providing additional margin protection when inflation pressures increase.

About Coca-Cola

The Coca-Cola Company, founded in 1886, is the world's largest non-alcoholic beverage company with a portfolio of more than 200 brands sold in over 200 countries and territories.

Beyond its namesake Coca-Cola, the company owns major global brands including Sprite, Fanta, Dasani, Minute Maid, Powerade, and Smartwater. Coca-Cola operates primarily through a franchise model, where it manufactures and sells beverage concentrates to bottling partners who produce, package, and distribute the final products.

Headquartered in Atlanta, Georgia, Coca-Cola is known for its extensive marketing campaigns and global distribution network. The company has paid increasing dividends for over 60 consecutive years, making it a Dividend King and a component of the Dow Jones Industrial Average and S&P 500 indices.

Last Close
Jul 15, 2025
69.36
Highest
Apr 22, 2025
73.9
Highest, Inflation-Adjusted
Apr 22, 2025
74.31
Annualized return
Since Jan 2, 1970
9.69%
Annualized return, Inflation-Adjusted
Since Jan 2, 1970
5.53%

More in Stocks

Other Inflation-Adjusted Data