The Coca-Cola Company (KO)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 10,714,000 | 10,772,000 | 10,510,000 | 9,868,000 | 9,542,000 | 9,925,000 | 9,571,000 | 10,307,000 | 9,771,000 | 8,813,000 | 8,079,000 | 7,217,000 | 7,747,000 | 8,333,000 | 9,189,000 | 10,017,000 | 8,920,000 | 7,748,000 | 7,035,000 | 6,744,000 |
| 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 |
| Net profit margin | 23.42% | 23.92% | 23.81% | 22.69% | 22.19% | 23.44% | 23.16% | 25.69% | 25.28% | 23.31% | 22.19% | 21.59% | 23.47% | 24.90% | 26.77% | 26.95% | 23.94% | 21.52% | 19.94% | 19.44% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $10,714,000K ÷ $45,754,000K
= 23.42%
Coca-Cola Co's net profit margin has been relatively stable over the past eight quarters, ranging from 22.19% to 25.69%. The company's net profit margin peaked at 25.69% in Q1 2022 before slightly declining in subsequent quarters. In the most recent quarter, Q4 2023, the net profit margin stood at 23.42%. This indicates that for every dollar of revenue generated, the company retained around 23.42 cents as net profit after accounting for all expenses. Overall, the trend in Coca-Cola Co's net profit margin suggests consistency in its ability to generate profits relative to its revenue.
Peer comparison
Dec 31, 2023