The Coca-Cola Company (KO)

Return on equity (ROE)

		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
Total stockholders’ equity	US$ in thousands	25,941,000	26,325,000	26,013,000	25,217,000	24,105,000	22,805,000	23,005,000	24,845,000	22,999,000	22,179,000	22,249,000	20,355,000	19,299,000	18,607,000	17,484,000	18,158,000	18,981,000	18,713,000	18,181,000	17,735,000
ROE		41.30%	40.92%	40.40%	39.13%	39.59%	43.52%	41.60%	41.49%	42.48%	39.74%	36.31%	35.46%	40.14%	44.78%	52.56%	55.17%	46.99%	41.40%	38.69%	38.03%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $10,714,000K ÷ $25,941,000K
= 41.30%

Coca-Cola Co's return on equity (ROE) has been relatively stable over the past year, ranging between 39.13% and 43.52%. The company's ROE for the most recent quarter, Q4 2023, stands at 41.30%, indicating that for every dollar of shareholders' equity, Coca-Cola generated a return of 41.30 cents in profit.

Overall, Coca-Cola Co has consistently maintained strong ROE figures, reflecting its efficient utilization of equity capital to generate profits for shareholders. This suggests that the company is effectively leveraging its equity to drive earnings growth and create value for its investors. The stable and robust ROE performance indicates that Coca-Cola Co has a solid operational efficiency and is effectively managing its financial resources to drive profitability.