Coca-Cola Consolidated Inc. (COKE)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 856,654 | 557,481 | 575,087 | 255,149 | 241,040 |
| Revenue | US$ in thousands | 6,899,720 | 6,653,860 | 6,200,960 | 5,562,710 | 5,007,360 |
| Pretax margin | 12.42% | 8.38% | 9.27% | 4.59% | 4.81% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $856,654K ÷ $6,899,720K
= 12.42%
The pretax margin of Coca-Cola Consolidated Inc. has shown variability over the past years. It was 4.81% as of December 31, 2020, decreasing slightly to 4.59% by December 31, 2021. There was a significant improvement in pretax margin to 9.27% as of December 31, 2022, which further decreased to 8.38% by December 31, 2023. Notably, there was a substantial increase in the pretax margin to 12.42% as of December 31, 2024, indicating enhanced profitability before accounting for taxes. Overall, the trend suggests fluctuation in pretax margin performance over the years, with a notable improvement in 2022 and a peak in 2024.
Peer comparison
Dec 31, 2024