Coca-Cola Co.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $47.94B | $47.06B | $45.75B | $43.00B | $38.66B | $33.01B | $37.27B | $34.30B |
| Concentrate operations | $28.46B | $27.73B | $26.54B | $24.07B | $21.80B | $18.58B | $20.50B | $19.89B |
| Finished product operations | $19.48B | $19.34B | $19.22B | $18.93B | $16.86B | $14.43B | $16.77B | $14.41B |
| United States | — | — | — | — | — | — | — | — |
| International | — | — | — | — | — | — | — | — |
| Cost of Revenue | $18.40B | $18.32B | $18.52B | $18.00B | $15.36B | $13.43B | $14.62B | $13.07B |
| Gross Profit | $29.54B | $28.74B | $27.23B | $25.00B | $23.30B | $19.58B | $22.65B | $21.23B |
| Gross Margin | 61.6% | 61.1% | 59.5% | 58.1% | 60.3% | 59.3% | 60.8% | 61.9% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $14.52B | $14.58B | $13.97B | $12.88B | $12.14B | $9.73B | $12.10B | $11.00B |
| Operating Income | $13.76B | $9.99B | $11.31B | $10.91B | $10.31B | $9.00B | $10.09B | $9.15B |
| Operating Margin | 28.7% | 21.2% | 24.7% | 25.4% | 26.7% | 27.3% | 27.1% | 26.7% |
| Interest Expense | $1.65B | $1.66B | $1.53B | $882.0M | $1.60B | $1.44B | $946.0M | $950.0M |
| Pretax Income | $16.00B | $13.09B | $12.95B | $11.69B | $12.43B | $9.75B | $10.79B | $8.23B |
| Income Tax Expense | $2.86B | $2.44B | $2.25B | $2.12B | $2.62B | $1.98B | $1.80B | $1.75B |
| Net Income | $13.11B | $10.63B | $10.71B | $9.54B | $9.77B | $7.75B | $8.92B | $6.43B |
| Net Margin | 27.3% | 22.6% | 23.4% | 22.2% | 25.3% | 23.5% | 23.9% | 18.8% |
| EPS (Basic) | $3.05 | $2.47 | $2.48 | $2.20 | $2.26 | $1.80 | $2.09 | $1.51 |
| EPS (Diluted) | $3.04 | $2.46 | $2.47 | $2.19 | $2.25 | $1.79 | $2.07 | $1.50 |
| Shares Outstanding (Basic) | 4.30B | 4.31B | 4.32B | 4.33B | 4.32B | 4.30B | 4.28B | 4.26B |
| Shares Outstanding (Diluted) | 4.31B | 4.32B | 4.34B | 4.35B | 4.34B | 4.32B | 4.31B | 4.30B |
| Dividends Per Share | $2.04 | $1.94 | $1.84 | $1.76 | $1.68 | $1.64 | $1.60 | $1.56 |