Coca-Cola Consolidated Inc. (COKE)
Profitability ratios
Return on sales
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 39.90% | 39.75% | 39.52% | 39.20% | 39.06% | 38.75% | 38.63% | 37.60% | 36.74% | 36.02% | 35.31% | 35.33% | 35.13% | 35.36% | 35.37% | 35.51% | 35.33% | 35.05% | 34.64% | 34.44% |
| Operating profit margin | 13.34% | 12.97% | 12.91% | 12.66% | 11.88% | 11.04% | 10.78% | 9.66% | 9.42% | 9.21% | 8.57% | 8.35% | 7.89% | 8.19% | 7.77% | 7.34% | 6.26% | 5.28% | 4.32% | 3.95% |
| Pretax margin | 12.42% | 10.66% | 10.23% | 9.31% | 8.38% | 9.10% | 9.81% | 9.54% | 9.27% | 7.33% | 6.43% | 5.41% | 4.59% | 5.91% | 5.67% | 5.75% | 4.81% | 3.03% | 2.01% | 1.30% |
| Net profit margin | 9.18% | 7.81% | 7.52% | 6.83% | 6.14% | 6.84% | 7.34% | 7.14% | 6.94% | 5.49% | 4.80% | 4.03% | 3.41% | 4.35% | 4.14% | 4.14% | 3.44% | 1.96% | 1.18% | 0.67% |
Coca-Cola Consolidated Inc.'s profitability ratios have shown a consistent improvement over the years.
- Gross profit margin has been steadily increasing from 34.44% as of March 31, 2020, to 39.90% as of December 31, 2024, indicating the company's ability to control production costs and generate profits from its core business activities.
- Operating profit margin has also demonstrated a positive trend, rising from 3.95% as of March 31, 2020, to 13.34% as of December 31, 2024, reflecting the efficiency of the company's operations in generating profits before interest and taxes.
- Pretax margin has notably improved from 1.30% as of March 31, 2020, to 12.42% as of December 31, 2024. This indicates the company's ability to manage its expenses and generate profits before accounting for taxes.
- Net profit margin has shown steady growth, increasing from 0.67% as of March 31, 2020, to 9.18% as of December 31, 2024, reflecting the company's ability to convert revenue into net income efficiently.
Overall, the company's profitability ratios reflect a positive trend, with improvements in gross, operating, pretax, and net profit margins over the years, indicating effective cost management, operational efficiency, and profitability growth.
Return on investment
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 17.32% | 16.69% | 15.37% | 19.66% | 18.43% | 17.58% | 17.57% | 16.20% | 15.75% | 15.44% | 14.03% | 13.89% | 12.75% | 13.03% | 12.57% | 11.41% | 9.72% | 7.83% | 6.57% | 6.05% |
| Return on assets (ROA) | 11.92% | 10.05% | 8.95% | 10.61% | 9.52% | 10.89% | 11.96% | 11.97% | 11.60% | 9.20% | 7.85% | 6.70% | 5.50% | 6.93% | 6.70% | 6.43% | 5.35% | 2.90% | 1.79% | 1.03% |
| Return on total capital | 60.56% | 75.92% | 80.76% | 58.69% | 64.81% | 53.51% | 57.21% | 56.97% | 56.31% | 49.01% | 49.84% | 52.83% | 54.32% | 66.73% | 68.33% | 66.87% | 61.92% | 50.54% | 44.67% | 45.68% |
| Return on equity (ROE) | 44.66% | 41.25% | 42.38% | 28.48% | 28.45% | 29.59% | 34.62% | 36.86% | 38.57% | 32.47% | 31.16% | 28.57% | 26.63% | 34.82% | 35.89% | 37.36% | 33.63% | 21.40% | 14.36% | 9.15% |
Coca-Cola Consolidated Inc.'s profitability ratios show a positive trend over the past few years. The Operating return on assets (Operating ROA) has steadily increased from 6.05% as of March 31, 2020, to 18.43% as of December 31, 2023, before slightly decreasing to 17.32% as of December 31, 2024.
The Return on assets (ROA) has also shown a similar upward trend, starting at 1.03% on March 31, 2020, and peaking at 11.92% on December 31, 2024. This indicates an improvement in the company's ability to generate profit relative to its total assets.
Return on total capital has fluctuated but generally stayed at healthy levels, ranging from 44.67% on June 30, 2020, to a peak of 80.76% on June 30, 2024, before declining to 60.56% by December 31, 2024. This ratio reflects the company's efficiency in generating profit from both equity and debt capital employed.
Return on equity (ROE) followed a similar pattern, with a rise from 9.15% on March 31, 2020, to a peak of 44.66% on December 31, 2024. This metric indicates the company's ability to generate a return for its shareholders from the equity they have invested.
Overall, the upward trend in these profitability ratios suggests that Coca-Cola Consolidated Inc. has been effectively utilizing its assets, capital, and equity to generate increasing returns for its stakeholders over the analyzed period. This could indicate efficient management of resources and a strong financial performance trajectory for the company.