Coca-Cola Consolidated Inc. (COKE)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 633,125 | 530,013 | 506,482 | 455,989 | 408,375 | 450,984 | 477,652 | 454,895 | 430,158 | 330,820 | 280,989 | 229,607 | 189,580 | 236,851 | 219,805 | 211,194 | 172,493 | 95,945 | 57,067 | 32,868 |
| Total stockholders’ equity | US$ in thousands | 1,417,610 | 1,284,990 | 1,195,190 | 1,601,190 | 1,435,600 | 1,524,330 | 1,379,710 | 1,234,250 | 1,115,390 | 1,018,910 | 901,680 | 803,647 | 711,786 | 680,140 | 612,502 | 565,342 | 512,990 | 448,238 | 397,418 | 359,220 |
| 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% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $633,125K ÷ $1,417,610K
= 44.66%
Coca-Cola Consolidated Inc.'s return on equity (ROE) has shown fluctuations over the past several quarters, ranging from 9.15% in March 2020 to a peak of 44.66% by December 2024. The trend indicates an overall improvement in the company's profitability and efficiency in generating returns for shareholders' equity. The ROE has generally been on an upward trajectory, with occasional dips and plateaus along the way. This demonstrates effective management of the company's assets and liabilities to maximize shareholder value. The increasing trend in ROE suggests that the company has been utilizing its equity more efficiently to generate profits, which is a positive signal for investors. However, stakeholders should continue to monitor the ROE to ensure sustained performance and profitability in the future.
Peer comparison
Dec 31, 2024