CocaCola Gross Profit 2010-2024 | KO (2024)

FAQs

What is the gross profit rate of Coca Cola? ›

Coca-Cola's gross profit margin hit its 5-year low in December 2022 of 58.1%. Coca-Cola's gross profit margin decreased in 2019 (60.8%, -1.8%), 2020 (59.3%, -2.4%), and 2022 (58.1%, -3.5%) and increased in 2021 (60.3%, +1.6%) and 2023 (59.5%, +2.4%).

Soft drinks giant Coca-Cola has reported a 13% rise in revenue to $35.1bn in its financial results for 2010. Coca-Cola's net income increased from $6.9bn in 2009 to $11.8bn in the year to 31 December 2010.

CocaCola annual gross profit for 2023 was $27.234B, a 8.92% increase from 2022. CocaCola annual gross profit for 2022 was $25.004B, a 7.32% increase from 2021. CocaCola annual gross profit for 2021 was $23.298B, a 18.98% increase from 2020.

Coca-Cola's revenue for fiscal years ending December 2019 to 2023 averaged 39.539 billion. Coca-Cola's operated at median revenue of 38.655 billion from fiscal years ending December 2019 to 2023. Looking back at the last 5 years, Coca-Cola's revenue peaked in March 2024 at 46.074 billion.

CocaCola revenue for the quarter ending March 31, 2024 was $11.300B, a 2.91% increase year-over-year. CocaCola revenue for the twelve months ending March 31, 2024 was $46.074B, a 5.93% increase year-over-year. CocaCola annual revenue for 2023 was $45.754B, a 6.39% increase from 2022.

Gross profit margin is the profit after subtracting the cost of goods sold (COGS). Put simply, a company's gross profit margin is the money it makes after accounting for the cost of doing business. This metric is commonly expressed as a percentage of sales and may also be known as the gross margin ratio.

The world's largest soft drinks company reported profits of $6.82bn (£4.36bn) for 2009, a rise of 17% on the previous year. It also saw a strong end to the year with fourth-quarter profits up 55%, and global sales up 5%.

Coca-Cola Company's net operating revenues increased from 28.86 billion U.S. dollars in 2007 to a high of 48.02 billion U.S. dollars in 2012.

In 2022, Coca-Cola's net revenues grew to $43 billion, while PepsiCo's grew to $86.39 billion.

Coca-Cola does not disclose how much money it makes per day. However, the company reported net revenues of $37.27 billion in 2019, which works out to an average of $101 million per day.

How much co*ke is sold a day? ›

co*ke sold 25 bottles in its first year, but currently sells 1.9 billion bottles per day. On average, over 10,000 soft drinks from Coca-Cola are consumed every second of every day globally. In a year, co*ke makes US$ 1 Billion from each of its 20 brands. Coca-Cola was the first-ever Olympic sponsor in 1928.

As of 2023, Pepsi is the second most valuable soft drink brand worldwide behind Coca-Cola; the two share a long-standing rivalry in what has been called the "cola wars". Pepsi, originally created in 1893 by Caleb Bradham and named "Brad's Drink," was first sold in his drugstore in New Bern, North Carolina.

2006 – the co*ke side of life. 2009–2015 – Open Happiness. 2016 – Taste the Feeling. 2020 – Together Tastes Better.

James Quincey is Chairman and CEO of The Coca‑Cola Company. Quincey, who first joined the company in 1996, has held a number of leadership roles around the world.

PepsiCo's gross profit margin for fiscal years ending December 2019 to 2023 averaged 54.2%.

PepsiCo gross profit for the twelve months ending March 31, 2024 was $49.734B, a 6.03% increase year-over-year. PepsiCo annual gross profit for 2023 was $49.59B, a 8.24% increase from 2022. PepsiCo annual gross profit for 2022 was $45.816B, a 8.06% increase from 2021.

With the rapid development of beverage marketing, Coca-Cola continuously increases product sales to maintain its market share. It has implemented a wide variety of measures to ensure its high profit margin.

CocaCola annual income after taxes for 2023 was $10.703B, a 11.83% increase from 2022. CocaCola annual income after taxes for 2022 was $9.571B, a 2.38% decline from 2021. CocaCola annual income after taxes for 2021 was $9.804B, a 26.21% increase from 2020.