Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $33,014 | $38,655 | $43,004 | $45,754 | $47,061 |
| Gross Profit | $19,581 | $23,298 | $25,004 | $27,234 | $28,737 |
| Operating Income | $8,997 | $10,308 | $10,909 | $11,311 | $9,992 |
| Net Income | $7,747 | $9,771 | $9,542 | $10,714 | $10,631 |
Over the five-year period, COCA COLA CO’s revenue and gross profit have steadily increased, reflecting a generally positive trend in top-line performance. Revenue grew from US$33,014 million in 2020 to US$47,061 million in 2024. The pace of revenue growth, however, appears to have moderated over time, with robust gains of approximately 17% from 2020 to 2021 tapering to about 3% from 2023 to 2024. Gross profit followed a similar upward trend, increasing from US$19,581 million in 2020 to US$28,737 million in 2024. These improvements suggest that the company was well positioned in leveraging its brand strength and market reach, despite the maturing nature of the beverage industry in which it operates. Operating income and net income reveal a slightly different pattern. Operating income increased from US$8,997 million in 2020 to a peak of US$11,311 million in 2023, but then declined by roughly 11% to US$9,992 million in 2024. This dip, not mirrored by net income—which remained relatively stable, reaching US$10,631 million in 2024 after fluctuations—might point to shifts in cost management or operational investments impacting earnings before non-operating items. Overall, while revenue and gross profit growth are encouraging, the decrease in operating income warrants careful monitoring. In the context of the mature global beverage industry, these data suggest that COCA COLA CO maintains solid financial health and sustainable profitability, though it may need to address underlying operational challenges to maintain its efficiency in a competitive market.
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.