This page shows Coca-Cola Consolidated Inc (COKE) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Coca-Cola Consolidated Inc has an operating margin of 13.3%, meaning the company retains $13 of operating profit per $100 of revenue. This strong profitability earns a score of 67/100, reflecting efficient cost management and pricing power. This is up from 12.5% the prior year.
Coca-Cola Consolidated Inc's revenue grew a modest 3.7% year-over-year to $6.9B. This slow but positive growth earns a score of 39/100.
Coca-Cola Consolidated Inc carries a low D/E ratio of 1.01, meaning only $1.01 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 74/100, indicating a strong balance sheet with room for future borrowing.
Coca-Cola Consolidated Inc's current ratio of 1.94 indicates adequate short-term liquidity, earning a score of 58/100. The company can meet its near-term obligations, though with limited headroom.
Coca-Cola Consolidated Inc has a free cash flow margin of 7.3%, earning a moderate score of 37/100. The company generates positive cash flow after capital investments, but with room for improvement.
Coca-Cola Consolidated Inc earns a strong 44.7% return on equity (ROE), meaning it generates $45 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 100/100. This is up from 28.4% the prior year.
Coca-Cola Consolidated Inc scores 4.18, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Coca-Cola Consolidated Inc passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Coca-Cola Consolidated Inc generates $1.38 in operating cash flow ($876.4M OCF vs $633.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Coca-Cola Consolidated Inc generated $6.9B in revenue in fiscal year 2024. This represents an increase of 3.7% from the prior year.
Coca-Cola Consolidated Inc's EBITDA was $1.1B in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 10.2% from the prior year.
Coca-Cola Consolidated Inc generated $505.3M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 4.4% from the prior year.
Coca-Cola Consolidated Inc reported $633.1M in net income in fiscal year 2024. This represents an increase of 55.0% from the prior year.
Coca-Cola Consolidated Inc held $1.1B in cash against $1.4B in long-term debt as of fiscal year 2024.
Coca-Cola Consolidated Inc's gross margin was 39.9% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 0.8 percentage points from the prior year.
Coca-Cola Consolidated Inc's operating margin was 13.3% in fiscal year 2024, reflecting core business profitability. This is up 0.8 percentage points from the prior year.
Coca-Cola Consolidated Inc's net profit margin was 9.2% in fiscal year 2024, showing the share of revenue converted to profit. This is up 3.0 percentage points from the prior year.
Coca-Cola Consolidated Inc's ROE was 44.7% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 16.2 percentage points from the prior year.
Coca-Cola Consolidated Inc spent $625.7M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
Coca-Cola Consolidated Inc invested $371.0M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 31.4% from the prior year.
COKE Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.9B+1.8% | $1.9B+17.4% | $1.6B-9.5% | $1.7B-2.8% | $1.8B+12.8% | $1.6B-2.4% | $1.6B-4.8% | $1.7B |
| Cost of Revenue | $1.1B+2.4% | $1.1B+16.8% | $952.9M-9.1% | $1.0B-2.8% | $1.1B+13.5% | $951.1M-3.9% | $989.5M-5.8% | $1.1B |
| Gross Profit | $748.5M+0.8% | $742.5M+18.4% | $627.1M-10.1% | $697.9M-2.6% | $716.7M+11.9% | $640.6M-0.1% | $641.5M-3.0% | $661.5M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $501.9M+6.7% | $470.4M+7.6% | $437.3M-8.7% | $479.1M+4.7% | $457.6M+7.6% | $425.2M-8.2% | $463.0M+4.0% | $445.3M |
| Operating Income | $246.6M-9.4% | $272.1M+43.3% | $189.8M-13.2% | $218.7M-15.6% | $259.1M+20.3% | $215.4M+20.7% | $178.5M-17.5% | $216.3M |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | -$2.7M+26.3% | -$3.7M-143.0% | -$1.5M |
| Income Tax | $49.9M-23.9% | $65.6M+82.9% | $35.9M-46.5% | $67.1M+12.9% | $59.4M+4.1% | $57.1M+55.5% | $36.7M+27.1% | $28.9M |
| Net Income | $142.3M-24.0% | $187.4M+80.9% | $103.6M-42.1% | $178.9M+3.6% | $172.8M+4.3% | $165.7M+118.6% | $75.8M-17.7% | $92.1M |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
COKE Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $5.7B+2.3% | $5.5B+2.5% | $5.4B+1.7% | $5.3B-6.1% | $5.7B+31.6% | $4.3B+0.2% | $4.3B+3.6% | $4.1B |
| Current Assets | $2.8B+4.3% | $2.7B+4.5% | $2.6B+2.6% | $2.5B-16.1% | $3.0B+77.1% | $1.7B+0.6% | $1.7B+1.7% | $1.7B |
| Cash & Equivalents | $1.5B+25.6% | $1.2B+5.9% | $1.2B+1.4% | $1.1B-33.2% | $1.7B+323.5% | $401.3M-36.8% | $635.3M+3.1% | $616.2M |
| Inventory | $354.9M+1.6% | $349.2M+2.6% | $340.2M+3.0% | $330.4M-2.3% | $338.2M-6.3% | $361.1M+12.2% | $321.9M+0.5% | $320.4M |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $165.9M0.0% | $165.9M0.0% | $165.9M0.0% | $165.9M0.0% | $165.9M0.0% | $165.9M0.0% | $165.9M0.0% | $165.9M |
| Total Liabilities | $4.0B+3.1% | $3.9B+0.2% | $3.9B+0.2% | $3.9B-12.7% | $4.5B+65.5% | $2.7B-5.5% | $2.9B+9.0% | $2.6B |
| Current Liabilities | $1.4B+4.1% | $1.3B+3.8% | $1.3B-1.7% | $1.3B-14.7% | $1.5B+67.7% | $917.9M-15.9% | $1.1B+20.2% | $907.8M |
| Long-Term Debt | $1.4B0.0% | $1.4B0.0% | $1.4B0.0% | $1.4B-19.5% | $1.8B+197.9% | $599.3M0.0% | $599.2M0.0% | $599.1M |
| Total Equity | $1.6B+0.3% | $1.6B+8.7% | $1.5B+5.8% | $1.4B+18.6% | $1.2B-25.4% | $1.6B+11.5% | $1.4B-5.8% | $1.5B |
| Retained Earnings | $1.5B-7.2% | $1.6B+11.2% | $1.5B+5.9% | $1.4B-17.2% | $1.7B+11.1% | $1.5B+12.3% | $1.4B-5.8% | $1.4B |
COKE Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $316.7M+52.2% | $208.1M+5.0% | $198.2M+17.6% | $168.5M-30.6% | $242.9M+25.0% | $194.3M+16.9% | $166.1M-36.4% | $261.2M |
| Capital Expenditures | $52.6M-11.6% | $59.5M-39.2% | $97.9M+16.9% | $83.7M+1.6% | $82.4M+6.9% | $77.0M-40.8% | $130.0M+119.1% | $59.4M |
| Free Cash Flow | $264.1M+77.8% | $148.5M+48.1% | $100.3M+18.3% | $84.8M-47.2% | $160.5M+36.9% | $117.2M+224.8% | $36.1M-82.1% | $201.8M |
| Investing Cash Flow | $145.7M+315.3% | -$67.7M+51.6% | -$139.7M+19.8% | -$174.2M-76.2% | -$98.9M+62.4% | -$263.3M-95.8% | -$134.5M-116.2% | -$62.2M |
| Financing Cash Flow | -$149.8M-107.3% | -$72.3M-70.1% | -$42.5M+55.0% | -$94.4M-108.2% | $1.2B+799.4% | -$165.0M-1209.5% | -$12.6M+2.8% | -$13.0M |
| Dividends Paid | $21.7M-0.3% | $21.8M0.0% | $21.8M-0.5% | $21.9M+367.3% | $4.7M-97.0% | $154.7M+3200.6% | $4.7M0.0% | $4.7M |
| Share Buybacks | $111.3M | N/A | N/A | $51.6M | N/A | N/A | $0 | $0 |
COKE Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 39.6%-0.4pp | 40.0%+0.3pp | 39.7%-0.3pp | 40.0%+0.1pp | 39.9%-0.3pp | 40.3%+0.9pp | 39.3%+0.7pp | 38.6% |
| Operating Margin | 13.1%-1.6pp | 14.7%+2.7pp | 12.0%-0.5pp | 12.5%-1.9pp | 14.4%+0.9pp | 13.5%+2.6pp | 10.9%-1.7pp | 12.6% |
| Net Margin | 7.5%-2.6pp | 10.1%+3.5pp | 6.6%-3.7pp | 10.3%+0.6pp | 9.6%-0.8pp | 10.4%+5.8pp | 4.7%-0.7pp | 5.4% |
| Return on Equity | 8.7%-2.8pp | 11.5%+4.6pp | 6.9%-5.7pp | 12.6%-1.8pp | 14.5%+4.1pp | 10.3%+5.1pp | 5.3%-0.8pp | 6.0% |
| Return on Assets | 2.5%-0.9pp | 3.4%+1.5pp | 1.9%-1.5pp | 3.4%+0.3pp | 3.1%-0.8pp | 3.9%+2.1pp | 1.8%-0.5pp | 2.2% |
| Current Ratio | 2.040.0 | 2.04+0.0 | 2.03+0.1 | 1.94-0.0 | 1.97+0.1 | 1.87+0.3 | 1.56-0.3 | 1.85 |
| Debt-to-Equity | 0.880.0 | 0.88-0.1 | 0.96-0.1 | 1.01-0.5 | 1.49+1.1 | 0.37-0.0 | 0.42+0.0 | 0.39 |
| FCF Margin | 14.0%+6.0pp | 8.0%+1.7pp | 6.3%+1.5pp | 4.9%-4.1pp | 8.9%+1.6pp | 7.4%+5.2pp | 2.2%-9.6pp | 11.8% |
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Frequently Asked Questions
What is Coca-Cola Consolidated Inc's annual revenue?
Coca-Cola Consolidated Inc (COKE) reported $6.9B in total revenue for fiscal year 2024. This represents a 3.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Coca-Cola Consolidated Inc's revenue growing?
Coca-Cola Consolidated Inc (COKE) revenue grew by 3.7% year-over-year, from $6.7B to $6.9B in fiscal year 2024.
Is Coca-Cola Consolidated Inc profitable?
Yes, Coca-Cola Consolidated Inc (COKE) reported a net income of $633.1M in fiscal year 2024, with a net profit margin of 9.2%.
What is Coca-Cola Consolidated Inc's EBITDA?
Coca-Cola Consolidated Inc (COKE) had EBITDA of $1.1B in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Coca-Cola Consolidated Inc have?
As of fiscal year 2024, Coca-Cola Consolidated Inc (COKE) had $1.1B in cash and equivalents against $1.4B in long-term debt.
What is Coca-Cola Consolidated Inc's gross margin?
Coca-Cola Consolidated Inc (COKE) had a gross margin of 39.9% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Coca-Cola Consolidated Inc's operating margin?
Coca-Cola Consolidated Inc (COKE) had an operating margin of 13.3% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Coca-Cola Consolidated Inc's net profit margin?
Coca-Cola Consolidated Inc (COKE) had a net profit margin of 9.2% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Coca-Cola Consolidated Inc's return on equity (ROE)?
Coca-Cola Consolidated Inc (COKE) has a return on equity of 44.7% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Coca-Cola Consolidated Inc's free cash flow?
Coca-Cola Consolidated Inc (COKE) generated $505.3M in free cash flow during fiscal year 2024. This represents a -4.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Coca-Cola Consolidated Inc's operating cash flow?
Coca-Cola Consolidated Inc (COKE) generated $876.4M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Coca-Cola Consolidated Inc's total assets?
Coca-Cola Consolidated Inc (COKE) had $5.3B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Coca-Cola Consolidated Inc's capital expenditures?
Coca-Cola Consolidated Inc (COKE) invested $371.0M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
Does Coca-Cola Consolidated Inc buy back shares?
Yes, Coca-Cola Consolidated Inc (COKE) spent $625.7M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
What is Coca-Cola Consolidated Inc's current ratio?
Coca-Cola Consolidated Inc (COKE) had a current ratio of 1.94 as of fiscal year 2024, which is generally considered healthy.
What is Coca-Cola Consolidated Inc's debt-to-equity ratio?
Coca-Cola Consolidated Inc (COKE) had a debt-to-equity ratio of 1.01 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Coca-Cola Consolidated Inc's return on assets (ROA)?
Coca-Cola Consolidated Inc (COKE) had a return on assets of 11.9% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Coca-Cola Consolidated Inc's Altman Z-Score?
Coca-Cola Consolidated Inc (COKE) has an Altman Z-Score of 4.18, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Coca-Cola Consolidated Inc's Piotroski F-Score?
Coca-Cola Consolidated Inc (COKE) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Coca-Cola Consolidated Inc's earnings high quality?
Coca-Cola Consolidated Inc (COKE) has an earnings quality ratio of 1.38x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Coca-Cola Consolidated Inc?
Coca-Cola Consolidated Inc (COKE) scores 62 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.