The Coca-Cola Company (KO)

Sector: Consumer Staples|Industry: Beverages - Non-Alcoholic|Market Cap: $269.37B|Employees: 79.1K


The Coca-Cola Company is a total beverage company that manufactures and sells nonalcoholic beverages globally. Its primary revenue streams come from the sale of concentrates and syrups to independent bottling partners and finished beverages to retailers, wholesalers, and distributors. The company holds a leading market position with strong brand recognition and a wide global distribution network.

  1. Filings

Filing Highlights

Financial Performance

Net operating revenues for Q3 2024 were $11,854 million, a decrease of $99 million (1%) compared to Q3 2023. Foreign currency exchange rate fluctuations negatively impacted net operating revenues by 5%.

Operating income for Q3 2024 was $2,510 million, a decrease of $760 million (23%) compared to Q3 2023. The decrease was primarily due to refranchising, higher commodity costs, unfavorable currency exchange rates, and higher other operating charges.

Gross profit margin decreased to 60.7% for Q3 2024, compared to 61.0% for Q3 2023. The decrease was primarily due to the unfavorable impact of foreign currency exchange rate fluctuations and higher commodity costs.

Growth & Strategy

Management Execution

Risk Factors

Competitive Position

Operational Efficiency

Innovation & Technology

Capital Allocation

ESG Initiatives

Market Environment