The Coca-Cola Company (KO)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 10,631,000 | 10,409,000 | 10,648,000 | 10,784,000 | 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 | 9,992,000 | 10,522,000 | 11,108,000 | 11,964,000 | 10,017,000 |
| 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 |
| ROA | 10.57% | 9.80% | 10.52% | 10.85% | 10.97% | 11.04% | 10.67% | 10.13% | 10.29% | 10.73% | 10.27% | 10.96% | 10.36% | 9.73% | 8.96% | 11.10% | 12.05% | 11.43% | 12.64% | 10.65% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $10,631,000K ÷ $100,549,000K
= 10.57%
The return on assets (ROA) of The Coca-Cola Company has exhibited fluctuations over the observed period, ranging from a low of 8.96% in June 2021 to a high of 12.64% in June 2020. Generally, the ROA has remained within a relatively narrow band, indicating that the company has been able to efficiently generate profits from its assets.
The ROA figures fluctuated between 8.96% and 12.64% until September 2021, demonstrating some variability in the company's ability to generate earnings relative to its asset base. However, from December 2021 to December 2024, the ROA stabilized around the range of 9.80% to 10.97%.
Overall, The Coca-Cola Company's ROA performance suggests a consistent ability to generate profits from its assets, with the figures hovering around the 10% mark in recent periods. This indicates that the company is effectively utilizing its assets to generate earnings, although there may be opportunities for further optimization to enhance overall profitability in the future.
Peer comparison
Dec 31, 2024
See also:
The Coca-Cola Company Return on Assets (ROA) (Quarterly Data)