The Coca-Cola Company's Stock Analysis

Coca-Cola Reports Third Quarter 2025 Financial Results

The Coca-Cola Company reported a 5% increase in net revenues for the third quarter of 2025, totaling $12.5 billion. Organic revenues grew by 6%, driven mainly by a 6% increase in price/mix. The company's operating income saw significant growth of 59%, resulting in an operating margin of 32.0%. Earnings per share (EPS) rose by 30% to $0.86, although comparable EPS, which accounts for currency effects, grew by 6% to $0.82. The company gained market share in the nonalcoholic ready-to-drink beverage sector, while unit case volume increased by 1%, led by growth in Central Asia, North Africa, Brazil, and the UK.

The company generated $3.7 billion in cash flow from operations year-to-date, with free cash flow reaching $2.4 billion. Excluding a significant payment related to the acquisition of fairlife, the free cash flow stood at $8.5 billion. Coca-Cola is focusing on enhancing its beverage portfolio and expanding its franchise business model, which includes recent agreements to acquire controlling interests in bottling operations in Africa. The company aims to achieve organic revenue growth of 5% to 6% for the full year 2025 and anticipates generating at least $9.8 billion in free cash flow excluding the fairlife payment.

Oct 21, 2025 06:59:07

Coca-Cola Elects New Director and Declares Quarterly Dividend

The Coca-Cola Company has elected Max Levchin, a co-founder of PayPal and founder of Affirm, as a new director effective October 16, 2025. Levchin will also serve on the Talent and Compensation Committee and will receive a prorated annual compensation of $90,000 in cash and $200,000 in deferred share units for 2025. His extensive background in technology and entrepreneurial ventures is expected to provide valuable insights as the company adapts to changing business dynamics.

Additionally, Coca-Cola declared a regular quarterly dividend of 51 cents per common share, which will be payable on December 15 to shareholders of record as of December 1. This dividend announcement reflects the company's ongoing commitment to returning value to its shareholders while maintaining a diverse portfolio of beverage brands across various categories worldwide.

Oct 16, 2025 16:35:16

Coca-Cola Reports Second Quarter 2025 Financial Results

Coca-Cola's operating cash flow was negative $1.4 billion, largely due to a $6.1 billion contingent payment related to the acquisition of fairlife, LLC. The company expects to generate approximately $9.5 billion in free cash flow, excluding this payment. Looking ahead, Coca-Cola anticipates organic revenue growth of 5% to 6% for the full year, alongside a comparable EPS growth of about 3% compared to 2024. The company is also adjusting its full-year guidance to reflect anticipated currency headwinds and market dynamics impacting its operations.

Jul 22, 2025 07:00:23

Coca-Cola Reports Mixed Q1 2025 Financial Results

Coca-Cola Company announced its first quarter 2025 results, revealing a 2% decline in net revenues to $11.1 billion, attributed to currency headwinds and refranchising bottling operations. However, organic revenues grew by 6%, driven by a 5% increase in price/mix and a 1% rise in concentrate sales. The company's operating income surged by 71%, with an operating margin of 32.9% compared to 18.9% in the previous year. Earnings per share (EPS) increased by 5% to $0.77, despite facing a 9-point currency headwind. Comparable EPS rose by 1% to $0.73, also impacted by currency fluctuations.

In terms of unit case volume, Coca-Cola saw a 2% growth, primarily led by markets in India, China, and Brazil. The company gained value share in the nonalcoholic ready-to-drink beverage sector. However, cash flow from operations was reported at $5.2 billion, with free cash flow declining by approximately $5.7 billion compared to the previous year, leading to a negative free cash flow of about $5.5 billion. The decline in free cash flow was largely due to a significant contingent consideration payment related to the acquisition of fairlife, LLC. The company is focusing on capturing opportunities in developing markets and enhancing its beverage portfolio to meet consumer preferences.

Apr 29, 2025 06:58:41

Coca-Cola Reports Revenue Changes and Operating Income Variations

Coca-Cola's net operating revenues for the first quarter of 2024 reached $11.3 billion, reflecting a 3% increase compared to the previous year. Notable growth was observed in Latin America, which saw a 10% rise in revenues, and the Asia Pacific region, which reported a 7% increase. However, the North America segment experienced a decline in operating income, dropping 54% to $497 million, while the overall consolidated operating income decreased by 36% compared to the same quarter last year, totaling $2.1 billion.

The company faced challenges with operating income across various regions, particularly in North America and Europe, where significant declines were reported. The Europe, Middle East & Africa segment saw a 5% decrease in operating income, and the Asia Pacific segment reported a 164% increase, indicating mixed performance across regions. Overall, while revenue growth was positive, the substantial drop in operating income highlights underlying challenges that the company is navigating.

Mar 27, 2025 16:09:06

Coca-Cola Reports $47.1 Billion Annual Revenue for 2024

Coca-Cola's fourth quarter results showed a 6% increase in net revenues, reaching $11.5 billion, and a 14% growth in organic revenues. The company also reported a 19% rise in operating income for the quarter, with earnings per share (EPS) increasing by 12% to $0.51. The company gained market share in nonalcoholic beverages and achieved a 2% growth in global unit case volume for the quarter, driven by strong performances in key markets like China, Brazil, and the United States.

However, the full year presented challenges with a slight decline in annual EPS to $2.46 and a 12% decrease in operating income. Cash flow from operations fell by 41% to $6.8 billion, and free cash flow decreased by 51% to $4.7 billion, primarily due to a significant tax deposit related to ongoing litigation. Additionally, the company faced higher input costs and operating expenses, which affected overall profitability despite some positive revenue growth.

Feb 11, 2025 06:59:06

Coca-Cola Company Director Retires After 11 Years of Service

The Coca-Cola Company announced the retirement of Helene Gayle, who served as a director since 2013. Her contributions included leadership roles on the talent and compensation committee and the corporate governance and sustainability committee. The company's Chairman and CEO, James Quincey, expressed gratitude for Gayle's service and highlighted her distinguished career.

Gayle's recent role as President of Spelman College and her previous positions, including CEO of the Chicago Community Trust and CARE USA, reflect her extensive experience in leadership and public health. However, her departure marks a change in the board's composition, which could impact the company's governance and strategic direction.

Dec 16, 2024 14:33:35

Coca-Cola Appoints New COO with Global Oversight Role

Coca-Cola has announced the appointment of Henrique Braun as Executive Vice President and Chief Operating Officer, effective January 1, 2025. In his new role, Braun will oversee all operating units worldwide, expanding his previous responsibilities that mainly covered international markets. His experience includes leadership positions in various regions, and he has been recognized for his ability to drive growth while focusing on consumer needs. CEO James Quincey praised Braun as a strategic leader with a strong track record in operational success and talent development.

On the other hand, the announcement does not mention any specific challenges or issues that Braun may face in his expanded role. While the company highlights its commitment to innovation and sustainability, there is no indication of how the leadership change might impact existing strategies or address potential market pressures. The press release remains focused on Braun's qualifications and the company's overall mission without discussing any negative aspects or concerns related to the transition.

Dec 11, 2024 16:20:13

Coca-Cola's Third Quarter Results Show Mixed Performance

Coca-Cola's third quarter results for 2024 showed a slight decline in net revenues by 1%, but organic revenues saw a healthy growth of 9%. The company reported a decrease in operating income by 23%, which was affected by significant charges related to past acquisitions and currency fluctuations. Despite these challenges, the comparable operating margin improved, reflecting strong performance in certain segments. The company also maintained its market share in the nonalcoholic beverage sector, highlighting its resilience in a competitive environment.

On the downside, earnings per share fell by 7%, though comparable EPS rose by 5%, indicating underlying strength despite external pressures. The company’s cash flow from operations and free cash flow decreased primarily due to a substantial IRS payment. However, Coca-Cola is focusing on innovation and digital capabilities to drive future growth, with promising developments in its beverage portfolio and strategic use of technology to enhance marketing and product development. Overall, while facing some setbacks, Coca-Cola remains committed to long-term growth and consumer needs.

Oct 23, 2024 07:00:47

Coca-Cola Welcomes Netflix Executive to Board, Declares Dividend

The Coca-Cola Company has appointed Bela Bajaria, Netflix's Chief Content Officer, to its board of directors, expanding the board to 12 members. Her extensive experience in media and global business is expected to enhance Coca-Cola's marketing strategies. Bajaria's notable achievements include overseeing a significant content budget and leading successful programming initiatives at Netflix, which may bring valuable insights to Coca-Cola's operations.

Additionally, Coca-Cola declared a regular quarterly dividend of 48.5 cents per share, set to be paid on December 16 to shareholders of record by November 29. This move demonstrates the company's commitment to returning value to its investors while continuing to adapt and innovate within its beverage portfolio, which includes a wide range of popular brands.

Oct 17, 2024 14:14:59