Coca-Cola Consolidated Inc. (COKE)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 920,350 | 834,451 | 641,047 | 288,598 | 313,378 |
| Revenue | US$ in thousands | 6,899,720 | 6,653,860 | 6,200,960 | 5,562,710 | 5,007,360 |
| Operating profit margin | 13.34% | 12.54% | 10.34% | 5.19% | 6.26% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $920,350K ÷ $6,899,720K
= 13.34%
The operating profit margin of Coca-Cola Consolidated Inc. has shown fluctuations over the past five years. Starting at 6.26% on December 31, 2020, it decreased to 5.19% by December 31, 2021. However, a significant improvement was seen in the following years, with the margin reaching 10.34% on December 31, 2022, 12.54% on December 31, 2023, and further increasing to 13.34% by December 31, 2024.
This upward trend in operating profit margins indicates that Coca-Cola Consolidated Inc. has been effectively managing its operating expenses and generating higher profits from its core business activities. The company's ability to increase its operating profit margin reflects operational efficiency and a strong financial performance, which could lead to increased shareholder value and sustainability in the long term.
Peer comparison
Dec 31, 2024