The Coca-Cola Company (KO)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 10,631,000 | 10,714,000 | 9,542,000 | 9,771,000 | 7,747,000 |
| Total assets | US$ in thousands | 100,549,000 | 97,703,000 | 92,763,000 | 94,354,000 | 87,296,000 |
| ROA | 10.57% | 10.97% | 10.29% | 10.36% | 8.87% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $10,631,000K ÷ $100,549,000K
= 10.57%
The return on assets (ROA) of The Coca-Cola Company has shown a positive trend over the years, increasing from 8.87% as of December 31, 2020, to 10.57% as of December 31, 2024. This indicates that the company has been more effective in generating profits relative to its total assets. The steady increase in ROA demonstrates efficient asset utilization and effective management in generating earnings. The slight fluctuations in ROA in some years reflect potential changes in business strategies or economic conditions. Overall, the improving ROA of The Coca-Cola Company signifies a positive performance in utilizing its assets to generate returns for its stakeholders.
Peer comparison
Dec 31, 2024