The Coca-Cola Company (KO)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 9,992,000 | 9,556,000 | 10,316,000 | 10,085,000 | 11,311,000 | 11,113,000 | 10,931,000 | 11,889,000 | 11,927,000 | 11,524,000 | 11,334,000 | 10,991,000 | 10,308,000 | 10,974,000 | 10,374,000 | 11,719,000 | 11,377,000 | 11,203,000 | 11,404,000 | 10,031,000 |
| Total assets | US$ in thousands | 100,549,000 | 106,266,000 | 101,202,000 | 99,392,000 | 97,703,000 | 97,578,000 | 98,456,000 | 97,404,000 | 92,763,000 | 92,471,000 | 93,169,000 | 94,064,000 | 94,354,000 | 90,606,000 | 90,194,000 | 89,993,000 | 87,296,000 | 97,184,000 | 94,689,000 | 94,013,000 |
| Operating ROA | 9.94% | 8.99% | 10.19% | 10.15% | 11.58% | 11.39% | 11.10% | 12.21% | 12.86% | 12.46% | 12.16% | 11.68% | 10.92% | 12.11% | 11.50% | 13.02% | 13.03% | 11.53% | 12.04% | 10.67% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $9,992,000K ÷ $100,549,000K
= 9.94%
The operating return on assets (operating ROA) of The Coca-Cola Company shows fluctuating performance over the analyzed period from March 31, 2020, to December 31, 2024. The metric started at 10.67% in March 2020 and experienced variations, reaching its peak at 13.03% in December 2020. Subsequently, there was a slight decline before a subsequent rise to 13.02% in March 2021. The trend continued with some fluctuations, showing a downward trend in September 2021 at 12.11%.
The operating ROA then increased once again to 12.46% by September 2022, displaying a positive performance trend. However, by December 2022, the metric decreased to 12.86% before experiencing a slight recovery. From March 2023 to September 2024, the operating ROA fluctuated within a relatively narrow range between 8.99% and 12.21%.
In the most recent period, by the end of December 2024, the operating ROA stood at 9.94%, indicating a decrease compared to the peak earlier in the period. Overall, the analysis suggests that The Coca-Cola Company's operating ROA has shown volatility over time, with periods of improvement followed by some fluctuations and declines, highlighting the importance of closely monitoring and evaluating the company's asset efficiency and operational performance.
Peer comparison
Dec 31, 2024