The Coca-Cola Company (KO)

Gross profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Gross profit US$ in thousands 28,737,000 27,234,000 25,004,000 23,298,000 19,581,000
Revenue US$ in thousands 47,061,000 45,754,000 43,004,000 38,655,000 33,014,000
Gross profit margin 61.06% 59.52% 58.14% 60.27% 59.31%

December 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $28,737,000K ÷ $47,061,000K
= 61.06%

The gross profit margin of The Coca-Cola Company has shown some fluctuations over the past five years. In December 2020, the company's gross profit margin was 59.31%, which increased to 60.27% by December 2021. However, there was a slight decrease in the margin to 58.14% by December 2022. The margin then improved to 59.52% in December 2023 and further increased to 61.06% by December 2024.

Overall, The Coca-Cola Company has generally maintained a healthy gross profit margin during the period under review, with an upward trend observed in recent years. This indicates that the company is effectively managing its production costs and generating revenue from its core operations. However, the slight fluctuations in the margin suggest that the company may have experienced some variability in its cost structures or pricing strategies during this period.


Peer comparison

Dec 31, 2024

Company name
Symbol
Gross profit margin
The Coca-Cola Company
KO
61.06%
Constellation Brands Inc Class A
STZ
52.06%
Keurig Dr Pepper Inc
KDP
55.99%
PepsiCo Inc
PEP
54.55%

See also:

The Coca-Cola Company Gross Profit Margin