Coca-Cola Consolidated, Inc. (COKE) Financial Statements
Coca-Cola Consolidated financial statements at a glance
Coca-Cola Consolidated reported revenue of $7.23 billion for fiscal year 2025 (ended December 31, 2025), up 4.8% from fiscal year 2024. Net income was $570.58 million, a net margin of 7.9%.
At the end of fiscal year 2025 it had total assets of $4.30 billion, total liabilities of $5.04 billion and shareholders' equity of -$739.72 million, with cash and short-term investments of $281.92 million and total debt of $2.91 billion.
Its operations brought in $931.90 million of cash; capital spending was $312.32 million, leaving free cash flow of $619.59 million.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
Coca-Cola Consolidated, Inc.
Income Statement
Annual • USD
Coca-Cola Consolidated key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $7.2B | $6.9B | $6.7B | $6.2B | $5.6B |
| Gross profit | $2.9B | $2.8B | $2.6B | $2.3B | $2.0B |
| Operating income | $950.7M | $920.4M | $834.5M | $641.0M | $439.2M |
| Net income | $570.6M | $633.1M | $408.4M | $430.2M | $189.6M |
| Diluted EPS | – | $6.99 | $4.35 | $4.57 | $2.02 |
| Total assets | $4.3B | $5.3B | $4.3B | $3.7B | $3.4B |
| Total liabilities | $5.0B | $3.9B | $2.9B | $2.6B | $2.7B |
| Shareholders' equity | -$739.7M | $1.4B | $1.4B | $1.1B | $711.8M |
| Cash and short-term investments | $281.9M | $1.4B | $635.3M | $197.6M | $142.3M |
| Total debt | $2.9B | $1.9B | $735.1M | $755.0M | $938.6M |
| Operating cash flow | $931.9M | $876.4M | $810.7M | $554.5M | $521.8M |
| Capital spending | $312.3M | $371.0M | $282.3M | $329.3M | $164.7M |
| Free cash flow | $619.6M | $505.3M | $528.4M | $225.2M | $357.1M |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was Coca-Cola Consolidated's revenue in fiscal year 2025?
$7.23 billion, up 4.8% from $6.90 billion in fiscal year 2024.
How much profit does Coca-Cola Consolidated make?
Coca-Cola Consolidated reported net income of $570.58 million for fiscal year 2025 (7.9% of revenue); operating income was $950.66 million.
How much cash and debt does Coca-Cola Consolidated have?
At the end of fiscal year 2025: cash and short-term investments of $281.92 million and total debt of $2.91 billion.
What is Coca-Cola Consolidated's free cash flow?
$619.59 million in fiscal year 2025 (operating cash flow of $931.90 million minus capital spending of $312.32 million).
