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Coca-Cola Consolidated, Inc.(COKE)Earnings, Financials & Key Ratios
COKE•NASDAQ
$177.64
26.1× P/E·Price updated Jul 7, 2026
SectorConsumer DefensiveIndustryNon-Alcoholic BeveragesSub-IndustryBottlers and Beverage Distribution
AboutCoca-Cola Consolidated, Inc., together with its subsidiaries, manufactures, markets, and distributes nonalcoholic beverages primarily products of The Coca-Cola Company in the United States. The company offers sparkling beverages, such as carbonated beverages; and still beverages, including energy products, as well as noncarbonated beverages comprising bottled water, ready to drink coffee and tea, enhanced water, juices, and sports drinks. It also sells its products to other Coca-Cola bottlers; and post-mix products that are dispensed through equipment, which mixes the fountain syrup with carbonated or still water enabling fountain retailers to sell finished products to consumers in cups or glasses. In addition, the company distributes products for various other beverage brands that include Dr Pepper and Monster Energy. It sells and distributes its products directly to grocery stores, mass merchandise stores, club stores, convenience stores, and drug stores; and restaurants, schools, amusement parks, and recreational facilities, as well as through vending machine outlets. The company was formerly known as Coca-Cola Bottling Co. Consolidated and changed its name to Coca-Cola Consolidated, Inc. in January 2019. Coca-Cola Consolidated, Inc. was incorporated in 1980 and is headquartered in Charlotte, North Carolina.Show more
- Revenue$7.23B+4.8%
- EBITDA$1.17B+4.9%
- Net Income$571M-9.9%
- EPS (Diluted)6.81-2.6%
- Gross Margin39.74%-0.4%
- EBITDA Margin16.18%+0.2%
- Operating Margin13.15%-1.4%
- Net Margin7.89%-14.0%
- ROE168.34%+279.3%
COKE Price & Volume
Coca-Cola Consolidated, Inc. (COKE) stock price & volume — 10-year historical chart
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Aggressive Capital Allocation Challenges Balance Sheet Stability
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Mixed
Profitability:Moderate
Financial:Vulnerable
Cash Flow:Robust
Primary Risk:Negative equity and leverage
Key Thesis Takeaways
- Coca-Cola Consolidated demonstrates robust cash-generating capabilities, evidenced by an OCF/NI ratio of 1.84x in 2026Q1, yet faces significant structural risks from a negative equity position of $643.5 million.
- While the company maintains consistent gross margins near 39.4%, the shift toward debt-funded share repurchases has fundamentally altered its risk profile.
- Investors should monitor whether the company's core bottling operations can sustain sufficient cash flow to service the $2.8 billion debt load while navigating volatile revenue growth patterns.
Verdict Logic
while the company exhibits strong cash conversion with an OCF/NI ratio of 1.84x, the transition to a negative equity position of $643.5 million warrants caution regarding long-term solvency.
COKE Growth Metrics
Coca-Cola Consolidated, Inc. (COKE) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years12.1%
5 Years7.62%
3 Years5.24%
TTM8.81%
Profit CAGR
10 Years25.47%
5 Years27.03%
3 Years9.87%
TTM1.32%
EPS CAGR
10 Years26.82%
5 Years30.06%
3 Years14.22%
TTM13.88%
Return on Capital
10 Years15.35%
5 Years23.87%
3 Years26.25%
Last Year25.37%
COKE Recent Earnings
Coca-Cola Consolidated, Inc. (COKE) EPS & revenue vs analyst estimates — last 4 quarters
●Beat Revenue 3/12 qtrs (100%)
Q2 2026Latest
May 6, 2026Metric
Actual
Est
EPS
$1.79
—
Rev
$1.8B
—
Q1 2026
Feb 18, 2026Metric
Actual
Est
EPS
$2.11
—
Rev
$1.9B
—
Q4 2025
Oct 29, 2025Metric
Actual
Est
EPS
$2.06
—
Rev
$1.9B
—
Q3 2025
Jul 24, 2025Metric
Actual
Est
EPS
$2.24
—
Rev
$1.9B
—
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 6, 2026 | $1.79 | $1.8B |
| Q1 2026 | Feb 18, 2026 | $2.11 | $1.9B |
| Q4 2025 | Oct 29, 2025 | $2.06 | $1.9B |
| Q3 2025 | Jul 24, 2025 | $2.24 | $1.9B |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Coca-Cola Consolidated, Inc. (COKE)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $177.64 | $14.87B | 26.09 | 4.76% | 7.89% | 168.34% | 0.58% | |
| $144.98 | $198.18B | 24.16 | 2.25% | 9.16% | 43.62% | — | |
| $84.05 | $361.76B | 27.65 | 1.87% | 27.8% | 41.06% | — | |
| $32.48 | $3.04B | 16.57 | -1.73% | 15.56% | 32.19% | — | |
| $31.70 | $8.1B | 126.80 | 85.54% | 5.85% | 7.51% | — | |
| $96.92 | $94.79B | 49.96 | 10.7% | 23.11% | 25.46% | — |
Compare COKE vs Peers
Coca-Cola Consolidated, Inc. (COKE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
COKE SEC Filings & Documents
Coca-Cola Consolidated, Inc. (COKE) SEC filings — annual & quarterly reports (10-K, 10-Q)
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COKE Frequently Asked Questions
Coca-Cola Consolidated, Inc. (COKE) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Coca-Cola Consolidated, Inc.'s revenue?
Coca-Cola Consolidated, Inc. (COKE) reported $7.49B in revenue for fiscal year 2025. This represents a 869% increase from $773.8M in 1996.
How fast is Coca-Cola Consolidated, Inc. growing?
Coca-Cola Consolidated, Inc. (COKE) grew revenue by 4.8% over the past year. Growth has been modest.
Is COKE profitable?
Yes, Coca-Cola Consolidated, Inc. (COKE) is profitable, generating $578.5M in net income for fiscal year 2025 (7.9% net margin).
Dividend & Returns
Does COKE pay dividends?
Yes, Coca-Cola Consolidated, Inc. (COKE) pays a dividend with a yield of 0.58%. This makes it attractive for income-focused investors.
What is COKE's return on equity?
Coca-Cola Consolidated, Inc. (COKE) has a return on equity (ROE) of 168.3%. This is excellent, indicating efficient use of shareholder capital.
What is Coca-Cola Consolidated, Inc.'s free cash flow?
Coca-Cola Consolidated, Inc. (COKE) generated $662.1M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.