Coca-Cola Consolidated Inc. (COKE)
Return on equity (ROE)
| 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 |
| Total stockholders’ equity | US$ in thousands | 1,417,610 | 1,435,600 | 1,115,390 | 711,786 | 512,990 |
| ROE | 44.66% | 28.45% | 38.57% | 26.63% | 33.63% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $633,125K ÷ $1,417,610K
= 44.66%
Coca-Cola Consolidated Inc.'s Return on Equity (ROE) has shown some fluctuations over the years based on the data provided. The ROE for December 31, 2020, was 33.63%, which demonstrated a strong profitability relative to the equity shareholders had invested. Subsequently, there was a decrease to 26.63% by December 31, 2021, indicating a potential decrease in efficiency in generating profits from shareholders' equity.
However, by December 31, 2022, the ROE improved significantly to 38.57%, suggesting a rebound in profitability and efficiency in utilizing equity. The following year saw a slight decrease to 28.45% by December 31, 2023, which may indicate some challenges or changes in the company's operations impacting profitability.
Most notably, by December 31, 2024, Coca-Cola Consolidated Inc. achieved a notable increase in ROE to 44.66%, signifying a strong performance in generating profits relative to shareholders' equity. Overall, the trend in ROE for Coca-Cola Consolidated Inc. reflects some fluctuations but generally demonstrates the company's ability to effectively utilize equity to generate profits over the years analyzed.
Peer comparison
Dec 31, 2024