Coca-Cola Consolidated Inc. (COKE)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 633,125 | 408,375 | 430,158 | 189,580 | 172,493 |
| Revenue | US$ in thousands | 6,899,720 | 6,653,860 | 6,200,960 | 5,562,710 | 5,007,360 |
| Net profit margin | 9.18% | 6.14% | 6.94% | 3.41% | 3.44% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $633,125K ÷ $6,899,720K
= 9.18%
Coca-Cola Consolidated Inc.'s net profit margin has demonstrated some fluctuations over the past five years. In December 2020, the net profit margin stood at 3.44%, slightly decreasing to 3.41% by December 2021. However, there was a significant improvement in December 2022, with the net profit margin increasing to 6.94%. This positive trend continued in December 2023, although there was a slight dip to 6.14%. The most recent data from December 2024 shows a notable increase in the net profit margin to 9.18%, indicating an improvement in the company's profitability. Overall, this upward trend suggests that Coca-Cola Consolidated Inc. has been able to effectively manage its costs and maximize its profits in recent years.
Peer comparison
Dec 31, 2024