Coca-Cola Consolidated, Inc. COKE

Consumer staples SIC 2086 - Bottled & Canned Soft Drinks & Carbonated Waters NAICS Manufacturing › Beverage and Tobacco Product Manufacturing › Beverage Manufacturing › Soft Drink and Ice Manufacturing derived Nasdaq

Coca‑Cola Consolidated, Inc., a Delaware corporation (together with its majority-owned subsidiaries, "Coca‑Cola Consolidated," the "Company," "we," "us" or "our"), distributes, markets and manufactures nonalcoholic beverages in territories spanning 14 states and the District of Columbia. The Company was incorporated in 1980 and, together with its predecessors, has been in the nonalcoholic beverage manufacturing and distribution business since 1902. We are the largest Coca‑Cola bottler in the United States. Approximately 85% of our total bottle/can sales volume to retail customers consists of products of The Coca‑Cola Company, which include some of the most recognized and popular beverage brands in the world. We also distribute products for several other beverage companies, including Monster Energy Company ("Monster Energy") and Keurig Dr Pepper Inc. ("Dr Pepper"). Our Purpose is to honor God in all we do, to serve others, to pursue excellence and to grow profitably.

Last close 203.31 2026-10-23
Market cap —
52-week range 126.00 - 219.65

Valuation FY2025 figures against the last close

P/S—
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS—

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $7.23B$6.90B$6.65B$6.20B$5.56B$5.01B$4.83B$4.63B$4.29B$3.13B
Cost of revenue $4.36B$4.15B$4.06B$3.92B$3.61B$3.24B$3.16B$3.07B$2.78B$1.94B
Gross profit $2.87B$2.75B$2.60B$2.28B$1.95B$1.77B$1.67B$1.56B$1.50B$1.19B
SG&A $1.92B$1.83B$1.76B$1.64B$1.52B$1.46B$1.49B$1.50B$1.40B$1.06B
Operating income $950.7M$920.4M$834.5M$641.0M$439.2M$313.4M$180.8M$57.9M$101.5M$131.2M
Interest expense ——$918.0K$24.8M$33.4M$36.7M$46.0M$50.5M$41.9M$36.3M
Pre-tax income $772.9M$856.7M$557.5M$575.1M$255.1M$241.0M$34.2M-$13.3M$63.0M$92.7M
Income tax $202.3M$223.5M$149.1M$144.9M$65.6M$58.9M$15.7M$1.9M$39.8M$36.0M
Net income $570.6M$633.1M$408.4M$430.2M$189.6M$172.5M$11.4M-$19.9M$96.5M$50.1M
EPS, basic ——————1.21-2.1310.355.39
EPS, diluted ——————1.21-2.1310.305.36
Shares, diluted (wtd. avg.) ——————9.4M9.3M9.4M9.3M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $281.9M$1.14B$635.3M$197.6M$142.3M$54.8M$9.6M$13.5M$16.9M$21.9M
Short-term investments $0$301.2M$0———————
Inventory $336.4M$330.4M$321.9M$347.5M$302.9M$225.8M$225.9M$210.0M$183.6M$143.6M
Total current assets $1.43B$2.55B$1.71B$1.25B$1.08B$851.2M$830.3M$797.4M$794.5M$593.8M
Property, plant and equipment $1.60B$1.51B$1.32B$1.18B$1.03B$1.02B$997.4M$990.5M$1.03B$813.0M
Goodwill $165.9M$165.9M$165.9M$165.9M$165.9M$165.9M$165.9M$165.9M$169.3M$144.6M
Other intangibles —————————$245.4M
Total assets $4.30B$5.31B$4.29B$3.71B$3.45B$3.22B$3.13B$3.01B$3.07B$2.45B
Short-term debt $100.0M$349.7M$0———————
Total current liabilities $1.13B$1.31B$1.09B$905.2M$834.9M$647.1M$622.2M$601.7M$639.5M$457.9M
Long-term debt $2.69B$1.44B$599.2M$598.8M$723.4M$940.5M$1.03B$1.10B$1.09B$907.3M
Total liabilities $5.04B$3.90B$2.85B$2.59B$2.73B$2.71B$2.68B$2.55B$2.61B$2.09B
Retained earnings -$824.0M$1.40B$1.35B$1.11B$724.5M$544.3M$381.2M$359.4M$388.7M$301.5M
Total equity -$739.7M$1.42B$1.44B$1.12B$711.8M$513.0M$451.1M$455.2M$458.9M$363.0M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $931.9M$876.4M$810.7M$554.5M$521.8M$494.5M$290.4M$168.9M$307.8M$162.0M
Depreciation and amortisation $195.1M$170.3M$153.5M$171.6M$157.3M$155.9M$156.9M$164.5M$150.4M$111.6M
Stock-based compensation ————$0$0$2.0M$5.6M$7.9M$7.2M
Capital expenditure $312.3M$371.0M$282.3M$298.6M$155.7M$202.0M$171.4M$138.2M$176.6M$172.6M
Investing cash flow -$19.0M-$682.2M-$295.4M-$325.0M-$161.9M-$200.4M-$173.7M-$143.9M-$458.9M-$452.0M
Financing cash flow -$1.77B$306.4M-$77.7M-$174.2M-$272.3M-$248.9M-$120.6M-$28.3M$146.1M$256.4M
Dividends paid $86.7M$185.6M$46.9M$9.4M$9.4M$9.4M$9.4M$9.4M$9.3M$9.3M
Buybacks $2.61B$625.7M$0$0——————

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-009057.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -2B 0 2B 4B 6B 8B Revenue, FY2016: 3.1B Gross profit, FY2016: 1.2B Net income, FY2016: 50.1M Revenue, FY2017: 4.3B Gross profit, FY2017: 1.5B Net income, FY2017: 96.5M Revenue, FY2018: 4.6B Gross profit, FY2018: 1.6B Net income, FY2018: -19.9M Revenue, FY2019: 4.8B Gross profit, FY2019: 1.7B Net income, FY2019: 11.4M Revenue, FY2020: 5B Gross profit, FY2020: 1.8B Net income, FY2020: 172.5M Revenue, FY2021: 5.6B Gross profit, FY2021: 2B Net income, FY2021: 189.6M Revenue, FY2022: 6.2B Gross profit, FY2022: 2.3B Net income, FY2022: 430.2M Revenue, FY2023: 6.7B Gross profit, FY2023: 2.6B Net income, FY2023: 408.4M Revenue, FY2024: 6.9B Gross profit, FY2024: 2.8B Net income, FY2024: 633.1M Revenue, FY2025: 7.2B Gross profit, FY2025: 2.9B Net income, FY2025: 570.6M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $3.13B $4.29B $4.63B $4.83B $5.01B $5.56B $6.20B $6.65B $6.90B $7.23B
Gross profit $1.19B $1.50B $1.56B $1.67B $1.77B $1.95B $2.28B $2.60B $2.75B $2.87B
Net income $50.1M $96.5M -$19.9M $11.4M $172.5M $189.6M $430.2M $408.4M $633.1M $570.6M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Material agreement signed Item 1.01
  • Material agreement terminated An agreement that mattered has ended. Often the other half of a deal that fell through. Item 1.02
  • New debt or obligation Item 2.03
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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