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The Coca-Cola Company (KO)

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70.52 -0.49 (-0.69%)
At close: October 3 at 4:00 PM EDT
70.56 +0.04 (+0.06%)
Pre-Market: 7:20 AM EDT
Loading Chart for KO
DELL
  • Previous Close 71.01
  • Open 70.86
  • Bid 70.62 x 1300
  • Ask 70.72 x 1300
  • Day's Range 70.20 - 70.99
  • 52 Week Range 51.55 - 73.53
  • Volume 6,663,243
  • Avg. Volume 13,763,343
  • Market Cap (intraday) 303.932B
  • Beta (5Y Monthly) 0.61
  • PE Ratio (TTM) 28.67
  • EPS (TTM) 2.46
  • Earnings Date Oct 23, 2024
  • Forward Dividend & Yield 1.94 (2.75%)
  • Ex-Dividend Date Sep 13, 2024
  • 1y Target Est 72.80

The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide. The company provides sparkling soft drinks, sparkling flavors; water, sports, coffee, and tea; juice, value-added dairy, and plant-based beverages; and other beverages. It also offers beverage concentrates and syrups, as well as fountain syrups to fountain retailers, such as restaurants and convenience stores. The company sells its products under the Coca-Cola, Diet Coke/Coca-Cola Light, Coca-Cola Zero Sugar, caffeine free Diet Coke, Cherry Coke, Fanta Orange, Fanta Zero Orange, Fanta Zero Sugar, Fanta Apple, Sprite, Sprite Zero Sugar, Simply Orange, Simply Apple, Simply Grapefruit, Fresca, Schweppes, Thums Up, Aquarius, Ayataka, BODYARMOR, Ciel, Costa, Dasani, dogadan, FUZE TEA, Georgia, glacéau smartwater, glacéau vitaminwater, Gold Peak, Ice Dew, I LOHAS, Powerade, Topo Chico, AdeS, Del Valle, fairlife, innocent, Minute Maid, and Minute Maid Pulpy brands. It operates through a network of independent bottling partners, distributors, wholesalers, and retailers, as well as through bottling and distribution operators. The company was founded in 1886 and is headquartered in Atlanta, Georgia.

www.coca-colacompany.com

79,100

Full Time Employees

December 31

Fiscal Year Ends

Recent News: KO

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Performance Overview: KO

Trailing total returns as of 10/3/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

KO
22.39%
S&P 500
19.50%

1-Year Return

KO
31.04%
S&P 500
32.92%

3-Year Return

KO
45.60%
S&P 500
30.82%

5-Year Return

KO
55.11%
S&P 500
97.39%

Compare To: KO

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Statistics: KO

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Valuation Measures

Annual
As of 10/3/2024
  • Market Cap

    303.93B

  • Enterprise Value

    328.76B

  • Trailing P/E

    28.67

  • Forward P/E

    23.20

  • PEG Ratio (5yr expected)

    2.90

  • Price/Sales (ttm)

    6.57

  • Price/Book (mrq)

    11.76

  • Enterprise Value/Revenue

    7.08

  • Enterprise Value/EBITDA

    21.08

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    22.92%

  • Return on Assets (ttm)

    8.65%

  • Return on Equity (ttm)

    38.77%

  • Revenue (ttm)

    46.46B

  • Net Income Avi to Common (ttm)

    10.65B

  • Diluted EPS (ttm)

    2.46

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    19B

  • Total Debt/Equity (mrq)

    164.40%

  • Levered Free Cash Flow (ttm)

    11.71B

Research Analysis: KO

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Earnings Per Share

Consensus EPS
 

Revenue vs. Earnings

Revenue 12.36B
Earnings 2.41B
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

65.00 Low
72.80 Average
70.52 Current
85.00 High
 

Company Insights: KO

Research Reports: KO

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  • Wide-Moat Coke Fuels Growth With Product Innovation and Wider Distribution in Emerging Markets

    Founded in 1886, Atlanta-headquartered Coca-Cola is the world’s largest nonalcoholic beverage company, with a strong portfolio of 200 brands covering key categories including carbonated soft drinks, water, sports, energy, juice, and coffee. Together with bottlers and distribution partners, the company sells finished beverage products bearing Coca-Cola and licensed brands through retailers and food-service locations in more than 200 countries and regions globally. Coca-Cola generates around two thirds of its total revenue overseas, with a significant portion from emerging economies in Latin America and Asia-Pacific.

    Rating
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  • Argus Quick Note: Weekly Stock List for 08/05/2024: Playing it Safe

    Focusing on Min Vol stocks can be a relatively safer investment strategy during turbulent times -- and the current economic environment certainly is challenging. The so-called "Magnificent 7" were leading the markets higher and now are leading the market lower. There was an initial shift from Big Tech to small-caps and then a bit of a shift back. But now there's an overall downshift in equities of all stripes. Meanwhile, the economy is hard to read. The labor market is cooling, inflation hasn't fallen enough, interest rates are still elevated, and yet GDP is steady. Did the Fed wait too long to start cutting interest rates? Yet as the market fluctuates, we note that investors exit equities at their own peril. That's because long-term returns from stocks consistently have outpaced long-term returns from other asset classes. Argus believes that Min Vol is an all-weather strategy that is timely in any investing climate. Academic literature and, more to the point, returns history, indicate that Min Vol can deliver market-matching returns on an absolute basis and superior returns on a risk-adjusted basis over various periods. Argus has developed a sophisticated approach to Min Vol investing built around our proprietary quality and safety screens. The following is a partial list of stocks (from a range of industries) that we like and that are included in our current thematic Min Vol model portfolio.

     
  • Coca-Cola: Ruling of $6 Billion Tax Liabilities To Be Appealed; Fair Value Estimate Maintained

    Founded in 1886, Atlanta-headquartered Coca-Cola is the world’s largest nonalcoholic beverage company, with a strong portfolio of 200 brands covering key categories including carbonated soft drinks, water, sports, energy, juice, and coffee. Together with bottlers and distribution partners, the company sells finished beverage products bearing Coca-Cola and licensed brands through retailers and food-service locations in more than 200 countries and regions globally. Coca-Cola generates around two thirds of its total revenue overseas, with a significant portion from emerging economies in Latin America and Asia-Pacific.

    Rating
    Price Target
     
  • Raising target price

    Coca-Cola, based in Atlanta, is a leading producer of soda, juices and juice drinks, and ready-to-drink teas and coffees. The company distributes its products in more than 200 countries. Core brands include Coca-Cola, Diet Coke, Sprite, Fanta, Coca-Cola Zero, Vitaminwater, Powerade, and Minute Maid. KO's operating groups are Europe, Middle East & Africa; Latin America; North America; Asia Pacific; Bottling Investments; and Corporate. The company sells beverage concentrates or syrups and finished beverages. The company has approximately 79,100 employees. The shares are a component of the S&P 500.

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