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