Net Profit Margin
since 2005
Calculation
Coca-Cola Co., net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net income attributable to shareowners of The Coca-Cola Company1 | ÷ | Net operating revenues1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 23.42% | = | 100 | × | 10,714) | ÷ | 45,754) |
| Dec 31, 2022 | 22.19% | = | 100 | × | 9,542) | ÷ | 43,004) |
| Dec 31, 2021 | 25.28% | = | 100 | × | 9,771) | ÷ | 38,655) |
| Dec 31, 2020 | 23.47% | = | 100 | × | 7,747) | ÷ | 33,014) |
| Dec 31, 2019 | 23.94% | = | 100 | × | 8,920) | ÷ | 37,266) |
| Dec 31, 2018 | 20.20% | = | 100 | × | 6,434) | ÷ | 31,856) |
| Dec 31, 2017 | 3.52% | = | 100 | × | 1,248) | ÷ | 35,410) |
| Dec 31, 2016 | 15.59% | = | 100 | × | 6,527) | ÷ | 41,863) |
| Dec 31, 2015 | 16.60% | = | 100 | × | 7,351) | ÷ | 44,294) |
| Dec 31, 2014 | 15.43% | = | 100 | × | 7,098) | ÷ | 45,998) |
| Dec 31, 2013 | 18.32% | = | 100 | × | 8,584) | ÷ | 46,854) |
| Dec 31, 2012 | 18.78% | = | 100 | × | 9,019) | ÷ | 48,017) |
| Dec 31, 2011 | 18.42% | = | 100 | × | 8,572) | ÷ | 46,542) |
| Dec 31, 2010 | 33.63% | = | 100 | × | 11,809) | ÷ | 35,119) |
| Dec 31, 2009 | 22.02% | = | 100 | × | 6,824) | ÷ | 30,990) |
| Dec 31, 2008 | 18.18% | = | 100 | × | 5,807) | ÷ | 31,944) |
| Dec 31, 2007 | 20.73% | = | 100 | × | 5,981) | ÷ | 28,857) |
| Dec 31, 2006 | 21.09% | = | 100 | × | 5,080) | ÷ | 24,088) |
| Dec 31, 2005 | 21.09% | = | 100 | × | 4,872) | ÷ | 23,104) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
Comparison to Competitors
Coca-Cola Co., net profit margin, long-term trends, comparison to competitors
| Coca-Cola Co. | Altria Group Inc. | PepsiCo Inc. | Philip Morris International Inc. | |
|---|---|---|---|---|
| Dec 31, 2023 | 23.42% | 33.21% | 9.92% | 22.21% |
| Dec 31, 2022 | 22.19% | 22.97% | 10.31% | 28.49% |
| Dec 31, 2021 | 25.28% | 9.51% | 9.59% | 29.00% |
| Dec 31, 2020 | 23.47% | 17.08% | 10.12% | 28.08% |
| Dec 31, 2019 | 23.94% | -5.15% | 10.89% | 24.11% |
| Dec 31, 2018 | 20.20% | 27.45% | 19.35% | 26.70% |
| Dec 31, 2017 | 3.52% | 39.97% | 7.65% | 20.99% |
| Dec 31, 2016 | 15.59% | 55.31% | 10.08% | 26.11% |
| Dec 31, 2015 | 16.60% | 20.61% | 8.65% | 25.65% |
| Dec 31, 2014 | 15.43% | 20.68% | 9.77% | 25.17% |
| Dec 31, 2013 | 18.32% | 18.54% | 10.15% | 27.47% |
| Dec 31, 2012 | 18.78% | 16.98% | 9.43% | 28.05% |
| Dec 31, 2011 | 18.42% | 14.24% | 9.69% | 27.63% |
| Dec 31, 2010 | 33.63% | 16.03% | 10.93% | 26.68% |
| Dec 31, 2009 | 22.02% | 13.61% | 13.75% | 25.33% |
| Dec 31, 2008 | 18.18% | 25.47% | 11.89% | 26.80% |
| Dec 31, 2007 | 20.73% | 13.26% | 14.33% | — |
| Dec 31, 2006 | 21.09% | 11.86% | 16.06% | — |
| Dec 31, 2005 | 21.09% | 10.66% | 12.52% | — |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Food, Beverage & Tobacco)
Coca-Cola Co., net profit margin, long-term trends, comparison to sector (food, beverage & tobacco)
| Coca-Cola Co. | Food, Beverage & Tobacco | |
|---|---|---|
| Dec 31, 2023 | 23.42% | 18.15% |
| Dec 31, 2022 | 22.19% | 17.86% |
| Dec 31, 2021 | 25.28% | 16.50% |
| Dec 31, 2020 | 23.47% | 17.31% |
| Dec 31, 2019 | 23.94% | 13.89% |
| Dec 31, 2018 | 20.20% | 22.32% |
| Dec 31, 2017 | 3.52% | 14.59% |
| Dec 31, 2016 | 15.59% | 21.68% |
| Dec 31, 2015 | 16.60% | 15.61% |
| Dec 31, 2014 | 15.43% | 15.68% |
| Dec 31, 2013 | 18.32% | 16.83% |
| Dec 31, 2012 | 18.78% | 16.62% |
| Dec 31, 2011 | 18.42% | 16.07% |
| Dec 31, 2010 | 33.63% | 20.27% |
| Dec 31, 2009 | 22.02% | 18.17% |
| Dec 31, 2008 | 18.18% | 18.93% |
| Dec 31, 2007 | 20.73% | 15.07% |
| Dec 31, 2006 | 21.09% | 14.16% |
| Dec 31, 2005 | 21.09% | 12.63% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Consumer Staples)
Coca-Cola Co., net profit margin, long-term trends, comparison to industry (consumer staples)
| Coca-Cola Co. | Consumer Staples | |
|---|---|---|
| Dec 31, 2023 | 23.42% | 5.80% |
| Dec 31, 2022 | 22.19% | 6.43% |
| Dec 31, 2021 | 25.28% | 6.12% |
| Dec 31, 2020 | 23.47% | 6.32% |
| Dec 31, 2019 | 23.94% | 4.14% |
| Dec 31, 2018 | 20.20% | 6.44% |
| Dec 31, 2017 | 3.52% | 6.32% |
| Dec 31, 2016 | 15.59% | 7.26% |
| Dec 31, 2015 | 16.60% | 5.43% |
| Dec 31, 2014 | 15.43% | 6.38% |
| Dec 31, 2013 | 18.32% | 6.89% |
| Dec 31, 2012 | 18.78% | 6.84% |
| Dec 31, 2011 | 18.42% | 7.21% |
| Dec 31, 2010 | 33.63% | 7.76% |
| Dec 31, 2009 | 22.02% | 7.13% |
| Dec 31, 2008 | 18.18% | 7.28% |
| Dec 31, 2007 | 20.73% | 6.85% |
| Dec 31, 2006 | 21.09% | 7.09% |
| Dec 31, 2005 | 21.09% | 6.94% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).