Over the five-year period, Coca-Cola’s revenue shows a consistent upward trend, growing from USD 33,014 million in 2020 to USD 47,061 million in 2024. The growth was most pronounced in 2021 when revenue increased approximately 17% compared to 2020, followed by more moderate growth in subsequent years. Gross profit has similarly increased from USD 19,581 million in 2020 to USD 28,737 million in 2024, reinforcing the positive trend in revenue, though the growth rate slowed slightly after 2021. The operating income trend, however, tells a slightly different story; while it climbed steadily from USD 8,997 million in 2020 to a peak of USD 11,311 million in 2023, there is a notable dip to USD 9,992 million in 2024, possibly indicating rising costs or margin compression in the latter period. Net income grew significantly by approximately 26% from 2020’s USD 7,747 million to USD 9,771 million in 2021, marking its most substantial year-over-year increase in the data. However, the subsequent years showed more moderate fluctuations with a slight decline in 2022 but recovering to nearly the previous high level by 2023, followed by a marginal dip in 2024. Overall, the financial performance over this period reflects robust revenue and gross profit expansion, supported by strong net income growth initially. Despite the slight contraction in operating income in the most recent year, the company’s steady revenue stream and profitability ratios suggest overall financial health and potential sustainability within its competitive beverage industry.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.