CCEP vs KOF: Coca-Cola European Partners and Coca-Cola Femsa SAB de CV ADR compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Coca-Cola European Partners is the larger company, worth $45.1B, about 2.0 times Coca-Cola Femsa SAB de CV ADR.
- Coca-Cola Femsa SAB de CV ADR grew revenue faster over the last year (+14.2% vs +2.3%).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | CCEP | KOF |
|---|---|---|
| Market cap | $45.1B | $23.0B |
| Share price | $104.25 | $109.86 |
| Revenue (last fiscal year) | $20.9B | $279.8B |
| Free cash flow (last fiscal year) | $2.0B | $16.6B |
| Revenue growth, last year | +2.3% | +14.2% |
| Revenue growth per year, last 5 fiscal years | +11.0% | +11.1% |
| Operating margin | 13.4% | — |
| Net margin | 9.3% | 8.5% |
| Return on equity | 28.4% | 19.3% |
| P/E (trailing) | 20.4x | — |
| Price / free cash flow | 23.2x | 4.02x |
| EV / EBITDA | 12.0x | 10.4x |
| FCF growth the price implies | — | — |
| Dividend yield | 2.4% | 3.7% |
| Debt / equity | 1.73x | 1.04x |
| Fundamental grade | C | C |
| Superinvestors holding it | 0 | 5 |
| Insider purchases, last 12 months | 0 | 0 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Coca-Cola European Partners
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $13.8B | $1.7B | 11.0% |
| 2022 | $17.3B | $2.3B | 12.0% |
| 2023 | $18.3B | $2.0B | 12.8% |
| 2024 | $20.4B | $2.1B | 10.4% |
| 2025 | $20.9B | $2.0B | 13.4% |
Coca-Cola Femsa SAB de CV ADR
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2020 | $183.6B | $25.2B | — |
| 2021 | $194.8B | $22.7B | — |
| 2022 | $226.7B | $17.8B | — |
| 2023 | $245.1B | $21.7B | — |
| 2024 | $279.8B | $16.6B | — |
Where the revenue comes from
Coca-Cola European Partners · by regions, 2025
Great Britain$3.5B17%
Iberia$3.4B16%
Germany$3.2B15%
France$2.4B12%
Australia$2.4B11%
Philippines$1.9B9%
Coca-Cola Femsa SAB de CV ADR · by products, 2025
Sale of products$291.1B100%
Other operating revenues$519M0%
Services rendered$80M0%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open CCEP in InvestinglyQuestions
Which is bigger, Coca-Cola European Partners or Coca-Cola Femsa SAB de CV ADR?
Coca-Cola European Partners (CCEP), at $45.1B against $23.0B.
Which grows faster, CCEP or KOF?
Coca-Cola Femsa SAB de CV ADR: revenue grew +14.2% over the last year, against +2.3%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.