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Coca-Cola Consolidated, Inc.

COKE Consumer Defensive Beverages Non Alcoholic

Coca-Cola Consolidated, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $7.2 billion, up 4.76% from fiscal 2024. In the quarter to June 2026, revenue grew 10.6%, EPS grew 11.2%, free cash flow fell 15.1% and total debt rose 40.5%, each against the same quarter a year earlier. Revenue growth for ten consecutive years, operating cash flow growth for five.

196.24 4.38 +2.28%
Market cap
$12.8B
P/E
26.1×
Fwd P/E
0.0×
Dividend yield
0.51%
F-score
5/9
Altman Z
3.75
Beneish M
−2.99
Dividend safety
69/100

Insider Decisions trades per month

Total sells 0.00
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell 1 — — — — — — — — — — —
Insider Ownership 15.10%

Capital & Financial Ratios $m

Market Cap 12,770.00
Revenue 7,691.65
Net Income 549.96
Free Cash Flow 644.70
Net Debt 2,342.47
Current Ratio 1.21
Debt/Equity (5.03) (negative: negative equity)
P/E ratio 26.07
Fwd P/E 0.00
P/S ratio 1.70
P/B ratio 0.00
Past 5Y EPS Growth 30.06% (at or above 15%: strong)
This Y EPS Growth —
Next Y EPS Growth —
Next Y revenue growth (5.87%) (below 0%: weak)
Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 67.37%
10-year low 10-year high
P/S against its own 10 years 91.62%
10-year low 10-year high
EV/Sales against its own 10 years 96.05%
10-year low 10-year high
EV/FCF against its own 10 years 68.18%
10-year low 10-year high

Dividends

Payout Ratio 0.14
Annual Dividend Rate 1.00
Annual Dividend Yield 0.51%
total individual payouts
2026 0.75
0.25
0.25
0.25
2025 1.00
0.25
0.25
0.25
0.25
2024 0.35
1.60
0.05
0.05
0.25
2023 0.20
0.05
0.05
0.05
0.05
2022 0.10
0.03
0.03
0.03
0.03
2021 0.10
0.03
0.03
0.03
0.03
2020 0.10
0.03
0.03
0.03
0.03
2019 0.10
0.03
0.03
0.03
0.03
2018 0.10
0.03
0.03
0.03
0.03
2017 0.10
0.03
0.03
0.03
0.03
2016 0.10
0.03
0.03
0.03
0.03
special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 635 1,437 282 172
Receivables 659 684 700 878
Inventory 322 330 336 371
Other — — — —
1,705 2,547 1,427 1,527
2023 2024 2025 Q'26
Payables 523 522 542 724
ST’ Debt — 350 100 100
Other — — — —
1,091 1,313 1,129 1,260

Compound Annual Growth %

10y 5y 3y
Sales 12.10% 7.62% 5.24%
Cash Flow 24.02% 13.51% 18.89%
Earnings 25.47% 27.03% 9.87%
Book Value 0.00% 0.00% 0.00%

Revenue $m

Mar Jun Sep Dec Year
’26 1,847 2,052 — — —
’25 1,580 1,856 1,888 1,904 7,228
’24 1,592 1,796 1,766 1,746 6,900
’23 1,572 1,739 1,712 1,631 6,654
’22 1,404 1,595 1,629 1,573 6,201
’21 1,270 1,433 1,457 1,402 5,563
’20 1,173 1,227 1,328 1,279 5,007
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 205 215 — — —
’25 198 208 317 209 932
’24 194 243 271 168 876
’23 185 199 261 166 811
’22 131 113 151 160 555
’21 82 189 168 82 522
’20 32 197 147 118 494
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 142 131 — — —
’25 100 155 264 107 626
’24 117 161 143 85 506
’23 132 159 202 36 529
’22 (1) 75 112 47 233
’21 45 148 132 38 362
’20 1 157 110 28 296
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 1.68 2.38 — — —
’25 1.19 2.15 1.64 1.62 6.81
’24 1.77 1.85 1.32 2.05 6.95
’23 1.26 1.30 0.98 0.81 4.35
’22 0.99 1.06 1.26 1.26 4.57
’21 0.57 0.51 0.73 0.17 2.02
’20 0.16 0.42 0.55 0.71 1.83
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 11.98 16.23 12.51 17.25 18.81 25.21 40.50 47.00 80.08 105.21

Analyst estimates 2026–2028

Powerpack
High 18.42 24.95 22.18 41.34 29.20 63.06 65.61 96.19 137.68 169.49
People
People Employees 13,200 16,500 16,200 16,900 15,800 16,000 17,000 17,000 17,000 17,000
Revenue/emp, $m 0.24 0.26 0.29 0.29 0.32 0.35 0.36 0.39 0.41 0.43
Income, $m
Income, $m Revenue 3,130 4,288 4,625 4,827 5,007 5,563 6,201 6,654 6,900 7,228
Gross margin, % 38.00 35.10 33.63 34.61 35.33 35.13 36.74 39.06 39.90 39.74
EBT 93 63 (13) 34 241 255 575 557 857 773
EBT margin, % 2.96 1.47 (0.29) 0.71 4.81 4.59 9.27 8.38 12.42 10.69
Net income 57 103 (15) 19 182 190 430 408 633 571
Depreciation 118 170 189 181 180 182 173 178 196 222
Per share, $
Per share, $ Revenue 33.62 45.96 49.47 51.51 53.42 59.35 66.15 70.98 76.33 86.35
Earnings 0.54 1.04 (0.21) 0.12 1.84 2.02 4.59 4.36 7.01 6.82
Cash flow 1.74 3.30 1.81 3.10 5.28 5.57 5.92 8.65 9.69 11.13
Capex (1.84) (1.89) (1.42) (1.79) (2.12) (1.70) (3.43) (3.00) (4.10) (3.65)
Free cash flow (0.10) 1.41 0.38 1.31 3.16 3.87 2.48 5.64 5.60 7.48
Book value 3.90 4.92 4.87 4.81 5.47 7.59 11.90 15.32 15.68 (8.84)
Shares, m 93 93 94 94 94 94 94 94 90 84
Valuation, ×
Valuation, × P/E 33.34 20.42 0.00 234.79 14.47 30.61 10.39 21.46 18.02 22.48
P/S 0.53 0.46 0.36 0.55 0.50 1.04 0.72 1.32 1.65 1.78
P/B 4.61 4.30 3.64 5.90 4.87 8.15 4.01 6.11 8.03 0.00
EV/Sales 0.88 0.76 0.64 0.77 0.69 1.16 0.79 1.32 1.70 2.12
EV/FCF (290.39) 24.60 81.91 30.26 11.76 17.44 21.10 16.58 23.23 24.51
Cash, $m
Cash, $m Operating cash flow 162 308 169 290 494 522 555 811 876 932
Capex (172) (176) (133) (167) (199) (159) (322) (282) (370) (306)
Free cash flow (10) 132 36 123 296 362 233 529 506 626
Balance, $m
Balance, $m Working capital 136 155 196 208 204 242 341 614 1,234 298
Total debt 956 1,131 1,140 1,071 1,036 816 636 604 1,789 2,787
Net debt 935 1,114 1,126 1,062 982 674 439 (31) 352 2,505
Shareholders’ equity 363 459 455 451 513 712 1,115 1,436 1,418 (740)
Returns, %
Returns, % ROA 2.33 3.50 (0.66) 0.37 5.43 5.69 12.02 10.21 13.19 11.87
ROIC 6.32 4.03 2.29 7.47 13.10 19.81 25.78 37.13 32.51 33.65
ROE 14.63 23.49 (4.36) 2.51 35.78 30.96 47.08 32.02 44.38 168.34
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Coca-Cola Consolidated, Inc. vs peers in Beverages Non Alcoholic (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
MNST Monster Beverage Corporation $85.5B 40.0× 39.7× +20.17% (above 0%: growing) +20.00% (above 0%: growing) +8.01% (above 0%: growing) 55.95% 29.18% Compare
CCEP Coca-Cola Europacific Partners $45.9B 14.2× 18.7× +36.01% (above 0%: growing) +209.23% (above 0%: growing) −33.36% (below 0%: shrinking) 35.80% 0.00% Compare
KDP Keurig Dr Pepper, Inc $42.5B 32.1× 15.0× +75.57% (above 0%: growing) −90.00% (below 0%: shrinking) +120.43% (above 0%: growing) 41.95% 8.59% Compare
COKE Coca-Cola Consolidated, Inc. $12.8B 26.1× — (loss-making) +10.61% (above 0%: growing) +11.16% (above 0%: growing) −15.07% (below 0%: shrinking) 37.93% 13.22%
CELH Celsius Holdings Inc. $6.9B 119× 18.9× +10.64% (above 0%: growing) −57.58% (below 0%: shrinking) +479.43% (above 0%: growing) 48.13% 9.20% Compare
KOF Coca Cola Femsa S.A.B. de C.V. $5.8B 17.3× 15.7× +17.31% (above 0%: growing) +30.77% (above 0%: growing) −24.76% (below 0%: shrinking) 47.09% 13.96% Compare
COCO Vita Coco Company, Inc. $3.2B 30.6× 43.2× +28.08% (above 0%: growing) +115.00% (above 0%: growing) +287.22% (above 0%: growing) 48.72% 29.21% Compare
FIZZ National Beverage Corp. $2.9B 16.3× 18.1× +0.04% (above 0%: growing) −16.67% (below 0%: shrinking) +10.33% (above 0%: growing) 35.02% 17.69% Compare
AKO.B Embotelladora Andina S.A. $2.3B 14.4× — +11.10% (above 0%: growing) +4.00% (above 0%: growing) +930.72% (above 0%: growing) 38.92% 10.52% Compare
Median of peers $6.3B 23.9× 18.7× +18.74% +12.00% +65.38% 44.52% 12.24%

All 17 Beverages Non Alcoholic stocks →

Coca-Cola Consolidated, Inc. (COKE) key facts

  • Strength: Coca-Cola Consolidated, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $7.2 billion, up 4.76% from fiscal 2024.
  • Coca-Cola Consolidated, Inc. (COKE) is a Beverages Non Alcoholic company in the Consumer Defensive sector, listed on Nasdaq.
  • As of October 9, 2026, COKE traded at $196.24, a market capitalization of $12.8 billion.
  • Coca-Cola Consolidated, Inc. pays an annual dividend of $1.00 per share, a yield of 0.51%, with a payout ratio of 13.7%.
  • Return on equity was 168.3% and debt-to-equity -5.03.
  • Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 3.75 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Coca-Cola Consolidated, Inc. (COKE) Latest News

25 Jul

stockrow.com/COKE · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com