The Coca-Cola Company (KO)

Gross profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Gross profit (ttm)	US$ in thousands	27,234,000	26,631,000	25,832,000	25,267,000	25,004,000	24,768,000	24,336,000	24,183,000	23,298,000	22,955,000	22,071,000	19,866,000	19,581,000	20,050,000	20,609,000	22,548,000	22,647,000	21,849,000	21,538,000	21,340,000
Revenue (ttm)	US$ in thousands	45,754,000	45,030,000	44,140,000	43,493,000	43,004,000	42,343,000	41,322,000	40,126,000	38,655,000	37,802,000	36,412,000	33,433,000	33,014,000	33,471,000	34,326,000	37,173,000	37,266,000	36,004,000	35,272,000	34,696,000
Gross profit margin		59.52%	59.14%	58.52%	58.09%	58.14%	58.49%	58.89%	60.27%	60.27%	60.72%	60.61%	59.42%	59.31%	59.90%	60.04%	60.66%	60.77%	60.68%	61.06%	61.51%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $27,234,000K ÷ $45,754,000K
= 59.52%

The gross profit margin of Coca-Cola Co has shown stability over the past eight quarters, ranging from 58.09% to 59.52%. The company has maintained a healthy gross profit margin, indicating efficient cost management and strong pricing power. Despite some fluctuations, there is a general trend of staying within a narrow range, reflecting consistency in the company's ability to generate profits from its core operations. Overall, the gross profit margin data suggests that Coca-Cola Co has been effectively managing its production costs and pricing strategies.