This timeline depicts the Coca-Cola Company's net operating revenues worldwide from 2007 to 2022. In 2022, the Coca-Cola Company's net operating revenues worldwide amounted to around 43 billion U.S. dollars. The Coca-Cola Company is a producer, retailer and marketer of non-alcoholic beverages and is well-known for its soft drink Coca-Cola. The company was founded in 1892 and is currently headquartered in Atlanta, Georgia in the United States.
The Coca-Cola Company
Coca-Cola Company’s net operating revenues increased from 28.86 billion U.S. dollars in 2007 to a high of 48.02 billion U.S. dollars in 2012. The company’s flagship product, Coca-Cola, was invented by John Stith Pemberton in Georgia during his attempts to find a substitute for his morphine addiction. Originally the recipe was a coca wine and Pemberton registered the drink as a nerve tonic in 1885. In 1889, the recipe was bought and the Coca-Cola Company was incorporated. Today, the company owns over 500 brands for a wide range of products, including Sprite and Columbia Pictures. The Coca-Cola label is one of the worlds most recognizable and is one of the most understood terms as well. It is one of the most valuable brands globally, garnering a brand value totaling 81.56 billion U.S. dollars as of 2014.
One of its brands, Vitamin Water, led to some controversy and finally led to a lawsuit in 2009. The Center of Science in the Public Interest filed a case against the company claiming that the company had deceptively marketed their product as a healthy drink containing nutrients and did not inform consumers about the amount of sugar it contained. A settlement agreement was eventually paid by Coca-Cola and also forced the company to put the number of calories on the label and bold text stating, “see nutrition facts for more detail”.
FAQs
For the full year, net revenues grew 11% to $43.0 billion, and organic revenues (non-GAAP) grew 16%. This performance was driven by 11% growth in price/mix and 5% growth in concentrate sales.
How much does Coca-Cola make worldwide? ›
Coca-Cola worldwide
In 2023, Coca-Cola generated net operating revenues of about 46 billion U.S. dollars. While the company's global net operating earnings spiked between 2010 and 2011, numbers have been decreasing steadily since 2012. Between 2012 and 2018, the net operating revenue decreased by roughly a third.
What is Coca-Cola's annual global revenue? ›
CocaCola annual revenue for 2023 was $45.754B, a 6.39% increase from 2022. CocaCola annual revenue for 2022 was $43.004B, a 11.25% increase from 2021. CocaCola annual revenue for 2021 was $38.655B, a 17.09% increase from 2020.
What is the operating profit of Coca-Cola? ›
Current and historical operating margin for CocaCola (KO) over the last 10 years. The current operating profit margin for CocaCola as of December 31, 2023 is 25.48%.
What is Coca-Cola's annual net revenue? ›
For the full year, net revenues grew 6% to $45.8 billion, and organic revenues (non-GAAP) grew 12%, driven by 10% growth in price/mix and 2% growth in concentrate sales.
Who sells more worldwide co*ke or Pepsi? ›
As of 2021, co*ke dominates the market share worldwide with a share of around 48%, while Pepsi has a share of approximately 20.5%.
How much of Coca-Cola sales are international? ›
A majority of Coca-Cola's revenue comes from the International markets, which contributed about 66% of total revenue in FY 2020.
Where does most of Coca-Cola's revenue come from? ›
Coca-Cola's Financials
The bulk of the company's revenue is derived from its two key businesses—the concentrate business and its finished product business.
What is the revenue of co*ke and Pepsi? ›
Looking at revenue, Pepsi is larger. In 2022, Coca-Cola's net revenues grew to $43 billion, while PepsiCo's grew to $86.39 billion.
Why is Coca-Cola successful globally? ›
Coca-Cola's commitment to quality and consistent taste made it a global sensation. Innovations, such as Diet co*ke and Coca-Cola Zero, catered to changing consumer preferences, and diversification into various beverages like Minute Maid and Powerade expanded its product portfolio.
Gross profit in the fourth quarter of 2023 was $641 million, an increase of 7% versus the fourth quarter of 2022. Gross margin in the fourth quarter of 2023 improved by 120 basis points(a) to 39.3%. Income from operations for fiscal year 2023 was $834 million, up $193 million, or 30%, versus fiscal year 2022.
Is CocaCola in profit or loss? ›
The cola major logged a profit of Rs 459.69 crore for the financial year that ended on March 31, 2022, while its revenue from operations in that year had stood at Rs 3,121.29 crore. Its other income was also up 23 per cent to Rs 87.19 crore for the financial year that ended on March 31, 2023.
Is Coca-Cola the most sold drink in the world? ›
Coca-Cola has been the reigning champion as the highest selling soft drink in the world for many years. This iconic brand was created by pharmacist John Pemberton in 1886 and has since become a household name all over the world.
Does Coca-Cola make more money than Pepsi? ›
Coca-Cola is the market leader in non-alcoholic beverages, but one thing that may surprise people is just how much more revenue PepsiCo brings in. In Q2 2023, Coca-Cola made around $12 billion in revenue, more than $10 billion less than PepsiCo made.
What rank is Coca-Cola in the world? ›
| Rank | Brand | Industry |
|---|
| 4 | Amazon | Technology |
| 5 | Facebook | Technology |
| 6 | Coca-Cola | Beverages |
| 7 | Disney | Leisure |
47 more rowsThe brand is recognized globally and has a long history of successful marketing campaigns, including its iconic logo, slogans, and advertisem*nts. According to the 2021 Interbrand Best Global Brands report, Coca-Cola was ranked as the sixth most valuable brand in the world, with a brand value of $84.1 billion.
