MARKETS / NASDAQ / COKE

NASDAQ · BOTTLED & CANNED SOFT DRINKS & CARBONATED WATERS · LARGE CAP

Coca-Cola Consolidated, Inc. COKE

17 fiscal years on record · USD · FY2025 reported · SEC filings only

Revenue

$7.2B

▲ 4.8% YoY

Net income

$570.6M

▼ 9.9% YoY

Free cash flow

$619.6M

▲ 22.6% YoY

In brief

What this company does

Coca-Cola Consolidated, Inc. distributes, markets, and manufactures nonalcoholic beverages in territories spanning 14 states and the District of Columbia. Approximately 85% of its total bottle/can sales volume to retail customers consists of products of The Coca-Cola Company, and it also distributes products for other beverage companies, including Monster Energy Company and Keurig Dr Pepper Inc. It serves approximately 60 million consumers within its territories, which are comprised of four principal regions. As of December 31, 2025, it employed approximately 17,000 employees, of whom approximately 15,000 were full-time and approximately 2,000 were part-time. The Company was incorporated in 1980 and, together with its predecessors, has been in the nonalcoholic beverage manufacturing and distribution business since 1902.

Written from the business description in Coca-Cola Consolidated, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 18 February 2026. Every sentence was checked against that document before publication.

Growth

USD 7.2B

Revenue, FY2025 · full 17-year series below

Revenue $B Net income $B

FY2025 · Revenue 7.2 · Net income 0.6

Compound annual growth

Revenue

+5.2%

+7.6%

+12.1%

+11.0%

Net income

+9.9%

+27.0%

+25.5%

+20.2%

EPS, diluted

+50.8%

+124.6%

Returned to shareholders

+559.8%

+210.2%

+76.3%

+46.0%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +7.6% a year over five years — but profit grew faster: net income at +27.0%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

8 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 13.2% · Net 7.9%

ROE

FY2025 · ROE 168.3%

Gross margin39.7%

Operating margin13.2%

Net margin7.9%

Return on assets11.9%

EBITDAUSD 1.1B

Each USD of equity produced 168 cents of profit this year.

Cash & shareholders

USD 2.7B

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF 619.6

Net buybacks $B Dividends $B

FY2025 · Dividends 0.1 · Net buybacks 2.6

Dividends paidUSD 86.7M

Net buybacksUSD 2.6B

Share of profit471.9%

Consecutive raises—

USD 86.7M in dividends and USD 2.6B in buybacks — 472% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 4.3B

EquityUSD -739.7M

CashUSD 281.9M

Gross debtUSD 2.8B

Net debtUSD 2.5B

Current ratio1.26×

Equity was negative — liabilities exceeded assets. No ratio is shown.

The 17-year record

17 fiscal years

Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue $B	7.2	6.9	6.7	6.2	5.6	5.0	4.8	4.6	4.3	3.1	2.3	1.7	1.6	1.6	1.6	1.5	1.4
Operating income $B	1.0	0.9	0.8	0.6	0.4	0.3	0.2	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1
EBITDA $B	1.1	1.1	1.0	0.8	0.6	0.5	0.3	0.2	0.3	0.2	0.2	0.1	0.1	0.1	0.1	0.2	0.2
Income tax $B	0.2	0.2	0.1	0.1	0.1	0.1	0.0	0.0	−0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net income $B	0.6	0.6	0.4	0.4	0.2	0.2	0.0	−0.0	0.1	0.1	0.1	0.0	0.0	0.0	0.0	0.0	0.0
Free cash flow $B	0.6	0.5	0.5	0.3	0.4	0.3	0.1	0.0	0.1	−0.0	−0.1	0.0	0.0	0.0	0.1	0.1	0.0
EPS, diluted $	·	·	·	·	·	·	1.21	−2.13	·	·	·	·	·	2.94	3.09	·	·
Dividend / sh $	·	·	·	·	·	·	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	·	·
Payout %	15	29	11	2	5	5	82	−47	10	19	16	30	33	34	32	25	24
ROE %	168.3	44.4	32.0	47.1	31.0	40.1	3.2	−5.5	30.0	19.3	27.7	16.7	16.9	20.6	22.2	28.2	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 0 failures in 70 reconciliationsAUDITED

Reconciled in 17 of 19 fiscal years. 25 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivityBottled & Canned Soft Drinks & Carbonated Waters

Listed onNASDAQ

Incorporated inDelaware

Fiscal year endsDecember 31

Data on record since2009