Finance

How Much Money Does Coca Cola Make in Revenue and Profit

Coca-Cola reported full-year 2023 total revenue of approximately 45.8 billion dollars, with unit case volume growth driven primarily by sparkling soft drinks and water brands. N...

Mara Ellison
How Much Money Does Coca Cola Make in Revenue and Profit

Latest Coca-Cola Revenue and Profit Figures

Coca-Cola reported full-year 2023 total revenue of approximately 45.8 billion dollars, with unit case volume growth driven primarily by sparkling soft drinks and water brands. Net income for the year was about 10.7 billion dollars, reflecting strong margin discipline and pricing actions across most markets Coca-Cola 2023 financial results.

In the fourth quarter of 2023, unit case revenue grew despite foreign currency headwinds, while organic revenue growth remained positive in key regions including North America and Europe. Operating income for the full year exceeded 12 billion dollars, supported by high-margin concentrate sales and a lean bottling system SEC filing for Coca-Cola annual report.

Coca-Cola Market Cap, Dividends, and Cash Flow

Coca-Cola market capitalization stood near 260 billion dollars in early 2024, placing it among the largest consumer staples companies by equity value. The company has raised its dividend for over six decades, with a current annual dividend yield around 3 percent and a payout ratio supported by steady free cash flow Coca-Cola dividend and market cap data.

Free cash flow from operations remained above 10 billion dollars in recent years, enabling share repurchases, debt reduction, and continued capital allocation to bottling partners. Coca-Cola has repurchased billions of dollars in shares over the past decade, supporting earnings per share growth even as unit volumes in mature markets plateaued Coca-Cola capital return overview.

Segment Performance and Brand Portfolio Driving Earnings

Sparkling Soft Drinks and Still Beverages

The Sparkling Soft Drinks segment generated the largest share of Coca-Cola revenue, led by brands such as Coca-Cola, Diet Coke, and Coke Zero Sugar. Still beverages, including juices, water, and tea brands, contributed meaningfully to volume growth and margin expansion in several regions Coca-Cola segment revenue breakdown.

Top Brands and Geographic Mix

Coca-Cola Zero Sugar and Coca-Cola Classic remain the top revenue contributors, while emerging markets in Africa, Asia, and Latin America account for a growing share of unit case sales. The company continues to invest in brand marketing and distribution partnerships to defend market share against rival PepsiCo and private-label competitors Coca-Cola segment reporting

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