Coca-Cola Europacific Partners PLC (CCEP) Key Metrics
CCEP key metrics, 2016–2025
Fiscal year ended December 31, 2025 · eurosCCEP returns How much profit the business earns on the capital it uses.
CCEP financial health Debt, liquidity and how easily interest is covered.
CCEP efficiency & capital use Working capital cycle and where the cash goes.
CCEP returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
CCEP debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
CCEP cash returned to shareholders
CCEP key metrics in euros
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 23.8% | 17.2% | 21.6% | 20.8% | 15.0% | 8.2% | 17.1% | 13.7% | 10.5% | 15.0% |
| Return on invested capital (ROIC) | 12.1% | 9.0% | 10.1% | 8.9% | 7.1% | 4.9% | 9.6% | 8.2% | 6.1% | 7.8% |
| Return on assets (ROA) | 6.4% | 4.7% | 5.7% | 5.2% | 4.1% | 2.6% | 5.9% | 5.0% | 3.7% | 4.3% |
| Return on tangible assets | 15.1% | 10.4% | 13.5% | 12.4% | 8.3% | 6.0% | 14.2% | 12.4% | 26.7% | 7.0% |
| Free cash flow margin | 10.5% | 11.1% | 11.7% | 13.4% | 12.1% | 10.2% | 10.8% | 10.1% | 8.6% | 7.3% |
| Income quality (OCF / net income) | 1.52 | 2.16 | 1.68 | 1.94 | 2.16 | 2.99 | 1.75 | 1.96 | 2.09 | 2.17 |
| Financial health | ||||||||||
| Total debt | €10.69B | €11.33B | €11.40B | €11.91B | €13.14B | €7.19B | €6.42B | €5.62B | €5.75B | €6.44B |
| Cash & short-term investments | €972.0M | €1.71B | €1.99B | €1.64B | €1.47B | €1.52B | €316.0M | €309.0M | €380.0M | €386.0M |
| Net debt | €9.72B | €9.62B | €9.41B | €10.26B | €11.68B | €5.66B | €6.11B | €5.31B | €5.37B | €6.05B |
| Debt / equity | 1.36 | 1.33 | 1.43 | 1.60 | 1.87 | 1.19 | 1.04 | 0.86 | 0.86 | 1.00 |
| Debt / assets | 0.36 | 0.36 | 0.39 | 0.41 | 0.45 | 0.37 | 0.34 | 0.31 | 0.32 | 0.35 |
| Net debt / EBITDA | 2.62 | 2.72 | 2.91 | 3.45 | 4.78 | 2.95 | 2.79 | 2.93 | 3.07 | 4.95 |
| Current ratio | 0.80 | 0.81 | 0.91 | 0.89 | 0.95 | 0.98 | 0.75 | 0.79 | 1.01 | 0.91 |
| Quick ratio | 0.60 | 0.62 | 0.72 | 0.71 | 0.76 | 0.82 | 0.58 | 0.61 | 0.81 | 0.73 |
| Interest coverage | 9.5 | 8.8 | 14.4 | 15.9 | 15.8 | 5.0 | 10.8 | 9.0 | 8.8 | 5.4 |
| Working capital | −€1.51B | −€1.51B | −€673.0M | −€770.0M | −€333.0M | −€64.0M | −€1.01B | −€801.0M | €27.0M | −€327.0M |
| Invested capital | €17.56B | €18.11B | €17.39B | €17.71B | €18.71B | €11.69B | €12.26B | €11.87B | €12.05B | €12.51B |
| Tangible asset value | −€8.72B | −€8.45B | −€8.93B | −€9.66B | −€10.05B | −€4.91B | −€4.87B | −€4.34B | −€8.93B | −€4.31B |
| Net current asset value | −€15.49B | −€15.48B | −€14.67B | −€15.32B | −€16.12B | −€9.14B | −€9.43B | −€8.66B | −€8.19B | −€8.68B |
| Capital allocation | ||||||||||
| Dividends paid | €890.4M | €910.0M | €841.0M | €763.0M | €638.0M | €386.0M | €574.0M | €529.4M | €459.3M | €214.0M |
| Share buybacks (net) | €1.00B | €0 | €0 | €0 | €0 | €129.0M | €1.00B | €502.0M | €0 | €2.99B |
| Dividend payout ratio | 45.9% | 64.2% | 50.4% | 50.6% | 65.0% | 77.5% | 52.7% | 58.2% | 66.8% | 39.0% |
| Dividends + buybacks / free cash flow | 86.0% | 40.1% | 39.4% | 32.8% | 38.2% | 47.6% | 121.3% | 88.8% | 48.5% | 479.6% |
| Capex / revenue | 3.6% | 3.9% | 3.7% | 3.5% | 3.2% | 3.8% | 5.0% | 5.4% | 4.4% | 5.7% |
| Capex / operating cash flow | 25.4% | 25.8% | 23.9% | 20.6% | 21.1% | 27.4% | 31.6% | 34.8% | 34.0% | 43.8% |
| Capex / depreciation | 0.81 | 0.85 | 0.85 | 0.74 | 0.57 | 0.56 | 0.94 | 1.21 | 1.00 | 1.40 |
| Stock-based compensation / revenue | 0.2% | 0.2% | 0.3% | 0.2% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.5% |
| R&D / revenue | — | — | — | 0.5% | 0.5% | 0.5% | 0.4% | 0.4% | 0.3% | 0.4% |
| SG&A / revenue | 22.2% | 22.9% | 24.0% | 23.6% | 24.6% | 24.6% | 25.3% | 27.4% | 27.4% | 29.5% |
| Efficiency | ||||||||||
| Days sales outstanding | 49.3 | 51.0 | 56.0 | 56.6 | 57.0 | 62.0 | 57.5 | 63.1 | 68.3 | 66.6 |
| Days of inventory on hand | 42.8 | 41.1 | 43.1 | 41.8 | 38.7 | 37.6 | 34.8 | 34.7 | 35.7 | 34.1 |
| Days payables outstanding | 77.2 | 69.0 | 71.4 | 64.5 | 59.3 | 60.6 | 55.1 | 55.9 | 52.8 | 44.2 |
| Cash conversion cycle (days) | 14.9 | 23.1 | 27.8 | 33.9 | 36.4 | 39.0 | 37.1 | 41.9 | 51.1 | 56.6 |
| Receivables turnover | 7.40 | 7.15 | 6.52 | 6.45 | 6.40 | 5.88 | 6.35 | 5.79 | 5.34 | 5.48 |
| Payables turnover | 4.73 | 5.29 | 5.11 | 5.66 | 6.15 | 6.02 | 6.62 | 6.53 | 6.91 | 8.26 |
| Inventory turnover | 8.54 | 8.88 | 8.46 | 8.73 | 9.42 | 9.70 | 10.49 | 10.51 | 10.24 | 10.70 |
| Asset turnover | 0.69 | 0.68 | 0.62 | 0.59 | 0.57 | 0.56 | 0.65 | 0.63 | 0.60 | 0.71 |
| Average receivables | €2.82B | €2.86B | €2.81B | €2.68B | €2.15B | €1.80B | €1.89B | €1.99B | €2.07B | €1.67B |
| Average payables | €2.85B | €2.49B | €2.26B | €1.96B | €1.41B | €1.13B | €1.12B | €1.08B | €980.5M | €676.0M |
| Average inventory | €1.58B | €1.48B | €1.37B | €1.27B | €919.0M | €702.0M | €708.0M | €671.5M | €661.5M | €522.0M |
| Intangibles / total assets | 57.0% | 56.1% | 57.8% | 58.4% | 59.3% | 56.8% | 59.0% | 59.8% | 85.8% | 58.0% |
Computed from CCEP's annual financial statements (latest annual report filed March 13, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in euros; data from EODHD. Averages use the opening and closing balance of each year.
CCEP valuation and financial ratios
Coca-Cola Europacific earned a return on equity of 23.8% and a return on invested capital of 12.1% in fiscal 2025. It ended the year with €10.7 billion of debt and €972.0 million in cash and short-term investments, net debt of €9.7 billion. It returned €1.9 billion to shareholders: €890.4 million in dividends and €1.0 billion in share buybacks, 86% of free cash flow.
See the CCEP income statement, the CCEP chart for price history, or the CCEP stock overview for the latest quote and news.
CCEP key metrics FAQ
What is Coca-Cola Europacific's return on equity?
Coca-Cola Europacific's return on equity (ROE) was 23.8% in fiscal 2025: net income of €1.9 billion on average shareholders' equity of €8.2 billion.
What is Coca-Cola Europacific's ROIC?
Coca-Cola Europacific's return on invested capital was 12.1% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Coca-Cola Europacific have?
Coca-Cola Europacific had total debt of €10.7 billion at the end of fiscal 2025, a debt-to-equity ratio of 1.36 and €9.7 billion of net debt (2.62 times EBITDA).
Does Coca-Cola Europacific buy back its shares?
Yes. Coca-Cola Europacific spent €1.0 billion on net share repurchases in fiscal 2025.
What is Coca-Cola Europacific's current ratio?
Coca-Cola Europacific's current ratio was 0.80 at the end of fiscal 2025: current assets were 0.80 times current liabilities.