COKE Financials Coca-Cola Consolidated, Inc.

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Aug 9, 2026, 10:18 UTC Overview →

Growth & profitability

Revenue has grown 7.6% per year over the past 5 years.
Net income has grown faster than revenue (27.0% vs 7.6% per year).
Operating margin has expanded, at 13.2% in the latest year.
Free cash flow has grown 16.2% per year over the past 5 years.

Financial health

Total debt ($2.8B) exceeds cash ($282M); net debt is $2.5B.
Total debt has grown faster than revenue (24.2% vs 7.6% per year).
Total debt is 2.4× EBITDA.

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 15.2% of earnings and 14.0% of free cash flow.
The dividend has grown 56.0% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$7.2B	$571M	39.7%	13.2%	-77.1%	13.3%	$620M	$2.8B	$282M
2024	$6.9B	$633M	39.9%	13.3%	44.7%	11.9%	$505M	$1.8B	$1.1B
2023	$6.7B	$408M	39.1%	12.5%	28.4%	9.5%	$528M	$599M	$635M
2022	$6.2B	$430M	36.7%	10.3%	38.6%	11.6%	$256M	$599M	$198M
2021	$5.6B	$190M	35.1%	7.9%	26.6%	5.5%	$366M	$723M	$142M
2020	$5.0B	$172M	35.3%	6.3%	33.6%	5.4%	$292M	$943M	$55M
2019	$4.8B	$11M	34.6%	3.7%	3.3%	0.4%	$119M	$1.0B	$10M
2018	$4.6B	-$20M	33.6%	1.3%	-5.6%	-0.7%	$31M	$1.1B	$14M
2017	$4.3B	$97M	35.1%	2.4%	26.3%	3.1%	$131M	$1.1B	$17M
2017	$3.1B	$50M	38.0%	4.2%	18.1%	2.0%	-$11M	$907M	$22M
2016	—	$59M	—	—	24.3%	3.2%	—	$620M	$55M
2014	—	$31M	—	—	17.1%	2.2%	—	$445M	$9M
2013	—	$28M	—	—	14.5%	2.2%	$35M	$399M	$12M
2012	—	$27M	—	—	20.1%	2.1%	$30M	$423M	$10M
2012	—	$29M	—	—	22.1%	2.1%	$56M	$523M	$91M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jul '26	$2.1B	$159M	37.9%	13.2%	-31.8%	3.6%	$131M	$2.5B	$172M
Apr '26	$1.8B	$112M	39.4%	12.9%	-17.3%	2.5%	$142M	$2.6B	$233M
Dec '25	$1.9B	$137M	39.6%	12.7%	-18.6%	3.2%	$107M	$2.8B	$282M
Sep '25	$1.9B	$142M	39.6%	13.1%	8.7%	2.5%	$264M	$1.8B	$1.5B
Jun '25	$1.9B	$187M	40.0%	14.7%	11.5%	3.4%	$149M	$1.8B	$1.2B
Mar '25	$1.6B	$104M	39.7%	12.0%	6.9%	1.9%	$100M	$1.8B	$1.2B
Dec '24	$1.7B	$179M	40.0%	12.5%	12.6%	3.4%	$85M	$1.8B	$1.1B
Sep '24	$1.8B	$116M	39.5%	12.9%	9.0%	2.2%	$143M	$1.8B	$1.2B
Jun '24	$1.8B	$173M	39.9%	14.4%	14.5%	3.1%	$160M	$1.8B	$1.7B
Mar '24	$1.6B	$166M	40.2%	13.5%	10.4%	3.9%	$117M	$599M	$401M
Dec '23	$1.6B	$76M	39.3%	10.9%	5.3%	1.8%	$36M	$599M	$635M
Sep '23	$1.7B	$92M	38.6%	12.6%	6.0%	2.2%	$202M	$599M	$616M
Jun '23	$1.7B	$122M	38.6%	13.4%	8.9%	3.1%	$158M	$599M	$430M
Mar '23	$1.6B	$118M	39.7%	13.1%	9.6%	3.1%	$132M	$599M	$290M
Dec '22	$1.6B	$118M	38.1%	11.0%	10.6%	3.2%	$46M	$599M	$198M
Sep '22	$1.6B	$119M	38.1%	11.7%	11.7%	3.3%	$112M	$599M	$163M
Jul '22	$1.6B	$100M	34.5%	9.2%	11.0%	2.8%	$72M	$724M	$189M
Apr '22	$1.4B	$93M	36.1%	9.3%	11.6%	2.7%	$27M	$724M	$127M
Dec '21	$1.4B	$19M	35.1%	6.2%	2.7%	0.6%	$46M	$723M	$142M
Oct '21	$1.5B	$69M	35.5%	9.4%	10.1%	2.0%	$129M	$793M	$187M

Valuation over time

How the market has priced COKE against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 8.3× (Mar '23) to 24.4× (Nov '26).
The price-to-sales ratio has risen from 0.6× (Mar '23) to 1.9× (Nov '26).
The dividend yield has risen from 0.3% (Mar '23) to 0.6% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is COKE growing its revenue and profit?

Over the past 5 years, Coca-Cola Consolidated, Inc.'s revenue has grown 7.6% per year, and net income grown 27.0% per year. These are computed facts, not advice.

How much debt does COKE have?

As of FY2025, Coca-Cola Consolidated, Inc. reported $2.8B of total debt against $282M of cash.

What is COKE's profit margin?

In FY2025, gross margin was 39.7%, operating margin 13.2%, and net margin 7.9%.

What is COKE's P/E ratio?

Coca-Cola Consolidated, Inc.'s P/E (TTM) is 25.36 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the COKE stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 24.4× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.