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Coca-cola Consolidated, Inc. (COKE) stock

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NASDAQ: COKE Nasdaq Beverages Next results ~November 4, 2026

C Fundamentals grade

Coca-cola Consolidated, Inc. is a US-listed company in the beverages industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: share count (9m) is 0.17x the market-data count (57m).

Price vs value

Under review: share count (9m) is 0.17x the market-data count (57m). We'll show the comparison once resolved.

Coca-cola Consolidated, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Funds315 adding, 231 cuttingOf 52 active managers that changed their stake, 25 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Coca-cola Consolidated files

Where Coca-cola Consolidated stands after its latest 10-Q

Revenue for the twelve months to July 2026 was $7.69bn, up 10.7% on a year earlier, faster than 8.8% a quarter earlier. Free-cash-flow margin rose to 8.4% from 6.9% a year earlier. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 2 of our 4 financial-health checks.

Our model value for Coca-cola Consolidated is under review, so past values are not shown until it is resolved.

Source: 10-Q filed August 5, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 4, 2026 (estimated)

Coca-cola Consolidated, Inc.'s trailing-twelve-month revenue grew 10.7% year on year, with a free-cash-flow margin of 8.4%. Where it lags: long-term debt as % of assets of 54.4% ranks 18 of 18 beverages companies we cover.

Our discounted-cash-flow model values the business at ~$200 per share in the base case (~$140–$280 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 35.2% while net income fell 6.1%: a 41pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

Nothing in Coca-cola Consolidated, Inc.'s latest figures clears our strength thresholds.

Things to watch

  • Results due soon. Results are expected around 4 November; the share price can move sharply on the day.
  • Below peers: long-term debt as % of assets. Long-term debt as % of assets of 54.4% ranks 18 of 18 beverages companies we cover (median 12.9%).

Latest results: FY2026 Q2

Filed August 5, 2026
Revenue
$2.05bn, up 10.6% on a year earlier
Share reaction
+4.0% in the first session after the results on August 5, 2026, against -0.4% for the S&P 500
Guidance given
capital expenditures $300m (fiscal year 2026)
Next report
November 4, 2026

Coca-cola Consolidated's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-0.4%
  • 1 week+0.4%
  • 1 month+9.2%
  • This year+37.4%
  • 1 year+61.6%
  • 5 years+426.8%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$7.7B
Operating margin
13.0%
Net margin
7.2%

Growth

Revenue growth
+10.7%
Change in growth rate
+1.9 pts

Cash

Free cash flow (TTM)
$644M
FCF margin
8.4%

Earnings

Last results
August 5, 2026
Next results (est.)
November 4, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement
  2. Announcement
  3. Announcement
  4. Announcement
  5. Announcement
  6. Announcement
  7. Announcement
  8. Partnership
  9. Announcement
  10. Announcement
  11. Results
  12. Guidance

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Coca-cola Consolidated, Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: share count (9m) is 0.17x the market-data count (57m): held for review.

Our value per share comes from a discounted-cash-flow model of Coca-cola Consolidated, Inc.'s free cash flow after stock-based pay ( $589M, FY2026 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Coca-cola Consolidated, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 7.4%: the 10-year Treasury yield (4.9%) plus a beta of 0.54 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$200 ~$140–$280 Primary model, counts double
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$220 ~$190–$270 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: This model is withheld pending its input or assumption review.
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: This model is withheld pending its input or assumption review.
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Coca-cola Consolidated, Inc. with Beverages in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019
Share price$16.93$16.70$20.20$16.95$27.82
Market value$158m$156m$189m$158m$262m
+ Net debt (− = net cash)$564m$885m$1.1bn$1.1bn$1.0bn
Enterprise value$722m$1.0bn$1.3bn$1.2bn$1.3bn
Multiples
Price / sales 0.1x0.0x0.0x0.0x0.1x
Price / earnings 2.7x3.1x2.0x—23.0x
Price / free cash flow ——1.4x5.2x2.2x
EV / EBITDA 4.1x4.3x5.0x5.1x3.6x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

55 /100

Moderate moat

How hard Coca-cola Consolidated's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 11 / 20

    Net income has been a median 7.3% of total assets over 10 years.

  • Pricing power 13 / 20

    Gross margin has been a median 36.3%, moving by 2.2 percentage points (standard deviation) across 10 years.

  • Durability 3 / 20

    Operating margin has been a median 8.2%; its worst year was 0.8%.

  • Cash conversion 13 / 20

    Free cash flow was positive in 10 of 10 years, at a median 5.6% of revenue.

  • Discipline 16 / 20

    The diluted share count rose 1.2% over five years; stock-based pay has been a median 0.2% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 4, 2026, after the close.

Analysts' consensus

No analyst estimates are published for Coca-cola Consolidated, Inc.: too few analysts cover it.

Earnings against estimates

Quarter toEstimateActualSurprise
Mar 2022 $0.71 $0.84 +18.1%
Dec 2021 $0.76 $0.68 −11.3%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 5, 2026
  • capital expenditures fiscal year 2026 about $300m
    “In fiscal year 2026, we expect capital expenditures to be approximately $300 million.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

Positioning

Short interest
6.7%
of tradable shares
Days to cover
5.11
at average volume
Short interest, 1 month
−2%
to October 15, 2026
Held by institutions
75%
of shares
Held by insiders
0.0%
of shares
Employees
15,000
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +61.6%

$129.66 on October 31, 2025 to $209.48

ThenNowEffect
Revenue (last 12 months) $6.9bn $7.7bn +10.7%
Net margin 8.4% 7.2% −15.2%
P/E multiple 2.1x 3.6x +72.0%
Share count 9m 9m 0.0%

Biggest factor: p/e multiple.

Last 3 years +232.4%

$63.02 on November 3, 2023 to $209.48

ThenNowEffect
Revenue (last 12 months) $6.5bn $7.7bn +18.1%
Net margin 7.3% 7.2% −2.5%
P/E multiple 1.2x 3.6x +188.7%
Share count 9m 9m 0.0%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
COKE+133%−17%+83%+39%+23%+37%
Industry peers (median)+11%+1%−4%−13%−37%−15%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
COKE67%33%58%50%58%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
COKE−15%−36%−16%−17%−27%−25%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 52% from May 13, 2019 to March 20, 2020. Getting back needed a 107% gain, reached on May 27, 2021, 433 days after the low.

Price behaviour

52-week range
$130.25 – $216.07
From 52-week high
−3.1%
vs 50-day average
+6.2%
vs 200-day average
+12.1%
Volatility (1 year)
37%
Beta vs S&P 500
-0.11

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
7 up, 5 down
typical move ±7.3%
After a week
6 up, 6 down
typical move ±8.1%
After a month
9 up, 3 down
typical move ±14.0%
Results releasedNext dayS&P 500 next day5 days21 days
August 5, 2026 +4.0% −0.4% +4.3% +9.1%
May 6, 2026 −17.5% +1.1% −23.4% −16.5%
February 18, 2026 +6.4% +0.2% +20.5% +26.7%
October 29, 2025 +3.4% −1.1% +5.2% +27.2%
July 24, 2025 +4.2% +0.5% −2.0% +4.6%
April 30, 2025 −11.7% +0.7% −11.7% −15.2%
February 20, 2025 −1.9% −2.1% −0.6% −7.7%
October 30, 2024 −7.1% −2.3% −1.5% +7.8%
July 31, 2024 +8.8% +0.2% +9.9% +16.2%
May 6, 2024 +18.3% +1.1% +11.6% +17.0%
February 21, 2024 −2.7% +2.2% −0.4% +5.7%
November 1, 2023 +1.1% +3.0% +5.9% +14.2%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Coca-cola Consolidated, Inc. in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Coca-cola Consolidated, Inc.
$6.5B $7B $7.5B $8B FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $6.6B Revenue (TTM), FY23 Q4: $6.7B Revenue (TTM), FY24 Q1: $6.7B Revenue (TTM), FY24 Q2: $6.7B Revenue (TTM), FY24 Q3: $6.8B Revenue (TTM), FY24 Q4: $6.9B Revenue (TTM), FY25 Q1: $6.9B Revenue (TTM), FY25 Q2: $6.9B Revenue (TTM), FY25 Q3: $7.1B Revenue (TTM), FY25 Q4: $7.2B Revenue (TTM), FY26 Q1: $7.5B Revenue (TTM), FY26 Q2: $7.7B $7.7B

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $6.6B
FY23 Q4 $6.7B
FY24 Q1 $6.7B
FY24 Q2 $6.7B
FY24 Q3 $6.8B
FY24 Q4 $6.9B
FY25 Q1 $6.9B
FY25 Q2 $6.9B
FY25 Q3 $7.1B
FY25 Q4 $7.2B
FY26 Q1 $7.5B
FY26 Q2 $7.7B
Revenue growth, TTM YoY Coca-cola Consolidated, Inc.
0% 5% 10% 15% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 9.4% Revenue growth, TTM YoY, FY23 Q4: 7.3% Revenue growth, TTM YoY, FY24 Q1: 4.8% Revenue growth, TTM YoY, FY24 Q2: 3.4% Revenue growth, TTM YoY, FY24 Q3: 2.9% Revenue growth, TTM YoY, FY24 Q4: 3.7% Revenue growth, TTM YoY, FY25 Q1: 3.2% Revenue growth, TTM YoY, FY25 Q2: 3.2% Revenue growth, TTM YoY, FY25 Q3: 4.2% Revenue growth, TTM YoY, FY25 Q4: 4.8% Revenue growth, TTM YoY, FY26 Q1: 8.8% Revenue growth, TTM YoY, FY26 Q2: 10.7% 10.7%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 9.4%
FY23 Q4 7.3%
FY24 Q1 4.8%
FY24 Q2 3.4%
FY24 Q3 2.9%
FY24 Q4 3.7%
FY25 Q1 3.2%
FY25 Q2 3.2%
FY25 Q3 4.2%
FY25 Q4 4.8%
FY26 Q1 8.8%
FY26 Q2 10.7%
Operating margin (TTM) Coca-cola Consolidated, Inc.
12.4% 12.6% 12.8% 13% 13.2% 13.4% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 12.6% Operating margin (TTM), FY23 Q4: 12.5% Operating margin (TTM), FY24 Q1: 12.6% Operating margin (TTM), FY24 Q2: 12.9% Operating margin (TTM), FY24 Q3: 13.0% Operating margin (TTM), FY24 Q4: 13.3% Operating margin (TTM), FY25 Q1: 13.0% Operating margin (TTM), FY25 Q2: 13.1% Operating margin (TTM), FY25 Q3: 13.1% Operating margin (TTM), FY25 Q4: 13.2% Operating margin (TTM), FY26 Q1: 13.3% Operating margin (TTM), FY26 Q2: 13.0% 13.0%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 12.6%
FY23 Q4 12.5%
FY24 Q1 12.6%
FY24 Q2 12.9%
FY24 Q3 13.0%
FY24 Q4 13.3%
FY25 Q1 13.0%
FY25 Q2 13.1%
FY25 Q3 13.1%
FY25 Q4 13.2%
FY26 Q1 13.3%
FY26 Q2 13.0%
FCF margin (TTM) Coca-cola Consolidated, Inc.
6% 7% 8% 9% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 8.2% FCF margin (TTM), FY23 Q4: 7.9% FCF margin (TTM), FY24 Q1: 7.7% FCF margin (TTM), FY24 Q2: 7.7% FCF margin (TTM), FY24 Q3: 6.7% FCF margin (TTM), FY24 Q4: 7.3% FCF margin (TTM), FY25 Q1: 7.1% FCF margin (TTM), FY25 Q2: 6.9% FCF margin (TTM), FY25 Q3: 8.5% FCF margin (TTM), FY25 Q4: 8.6% FCF margin (TTM), FY26 Q1: 8.8% FCF margin (TTM), FY26 Q2: 8.4% 8.4%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 8.2%
FY23 Q4 7.9%
FY24 Q1 7.7%
FY24 Q2 7.7%
FY24 Q3 6.7%
FY24 Q4 7.3%
FY25 Q1 7.1%
FY25 Q2 6.9%
FY25 Q3 8.5%
FY25 Q4 8.6%
FY26 Q1 8.8%
FY26 Q2 8.4%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Coca-cola Consolidated took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $7.2B
  2. Cost of revenue $4.4B · 60.3%
  3. Gross profit $2.9B · 39.7%
  4. Selling, general and admin $1.9B · 26.6%
  5. Operating income $951M · 13.2%
  6. Income tax $202M · 2.8%
  7. Interest and other $178M · 2.5%
  8. Net income $571M · 7.9%

Shares of revenue. Source: Coca-cola Consolidated's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2009 Jan 2010 2010 Jan 2011 2011 Jan 2012 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Jan 2016 2016 Jan 2017 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jul 2026
Income
Revenue 1,443 1,515 1,561 1,614 1,641 1,746 2,306 3,130 4,288 4,625 4,827 5,007 5,563 6,201 6,654 6,900 7,228 7,692
Gross profit 620 641 629 654 659 705 901 1,189 1,505 1,556 1,671 1,769 1,954 2,278 2,599 2,753 2,872 3,008
EBITDA 155 155 149 150 132 147 176 243 252 245 361 492 620 813 988 1,091 1,146 1,200
Operating income 95 96 88 89 74 86 98 131 102 58 181 313 439 641 834 920 951 998
Net income 38 36 29 27 28 31 59 50 97 −20 11 172 190 430 408 633 571 550
Diluted EPS — — $3.09 $2.94 $2.98 $3.37 $6.33 $5.36 $10.30 −$2.13 $1.21 — — — — — — —
Growth (year on year)
Revenue — +5.0% +3.1% +3.4% +1.7% +6.4% +32.1% +35.7% +37.0% +7.9% +4.3% +3.7% +11.1% +11.5% +7.3% +3.7% +4.8% +10.7%
EBITDA — +0.0% −3.7% +0.7% −11.9% +11.2% +19.8% +37.8% +3.8% −2.7% +47.1% +36.5% +25.9% +31.1% +21.6% +10.4% +5.0% +9.9%
Operating income — +1.9% −9.1% +1.3% −17.0% +16.7% +14.2% +33.7% −22.6% −43.0% — +73.4% +40.1% +46.0% +30.2% +10.3% +3.3% +9.9%
Net income — −5.5% −20.7% — — — — −15.0% — −120.6% — — +9.9% +126.9% −5.1% +55.0% −9.9% −6.1%
Diluted EPS — — — — — — — −15.3% — −120.7% — — — — — — — —
Margins
Gross margin 43.0% 42.3% 40.3% 40.5% 40.1% 40.4% 39.1% 38.0% 35.1% 33.6% 34.6% 35.3% 35.1% 36.7% 39.1% 39.9% 39.7% 39.1%
EBITDA margin 10.7% 10.2% 9.6% 9.3% 8.1% 8.4% 7.6% 7.8% 5.9% 5.3% 7.5% 9.8% 11.1% 13.1% 14.8% 15.8% 15.9% 15.6%
Operating margin 6.5% 6.4% 5.6% 5.5% 4.5% 4.9% 4.3% 4.2% 2.4% 1.3% 3.7% 6.3% 7.9% 10.3% 12.5% 13.3% 13.2% 13.0%
Net margin 2.6% 2.4% 1.8% 1.7% 1.7% 1.8% 2.6% 1.6% 2.3% −0.4% 0.2% 3.4% 3.4% 6.9% 6.1% 9.2% 7.9% 7.2%
Free-cash-flow margin 2.5% 3.4% 3.6% 1.9% 2.1% 0.4% −2.4% −0.3% 3.1% 0.7% 2.5% 5.8% 6.6% 4.1% 7.9% 7.3% 8.6% 8.4%
Cash flow
Cash from operations 80 110 110 83 96 92 108 162 308 169 290 494 522 555 811 876 932 946
Capital spending 43 58 53 53 61 84 164 173 177 138 171 202 156 299 282 371 312 302
Free cash flow 36 52 56 30 35 8 −56 −11 131 31 119 292 366 256 528 505 620 644
Stock-based pay 2 2 2 3 3 4 7 7 8 6 2 0 0 — — — — —
Free cash flow after stock pay 34 50 54 27 32 4 −63 −18 123 25 117 292 366 — — — — —
Balance sheet
Cash 18 46 91 10 12 9 55 22 17 14 10 55 142 198 635 1,136 282 172
Total debt 0 523 523 493 464 504 620 907 1,088 1,104 1,030 943 723 599 599 1,800 2,800 2,513
Net debt (negative = net cash) −18 477 432 483 452 495 564 885 1,071 1,091 1,020 888 581 401 −36 664 2,518 2,341
Diluted shares — — 9m 9m 9m 9m 9m 9m 9m 9m 9m — — — — — — —
Returned to shareholders
Dividends 9 9 9 9 9 9 9 9 9 9 9 9 9 9 47 186 87 76
Buybacks — — — — — — — — — — — — — 0 0 626 2,606 —
Total returned 9 9 9 9 9 9 9 9 9 9 9 9 9 9 47 811 2,693 76

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 4 checks passed · July 3, 2026
What it owns · $4.4bn
Short-term assets $1.5bnLonger-term assets $2.9bn
What it owes, and who funded it · $4.9bn
Short-term liabilities $1.3bnLonger-term liabilities $3.7bnShareholders' equity $-500m
  • Short-term assets cover short-term liabilities $1.5bn of assets due within a year against $1.3bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities $1.5bn short-term assets against $3.7bn of longer-dated liabilities.
  • More cash than debt $172m of cash against $2.5bn of debt.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt $946m of operating cash flow against $2.5bn of debt.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Coca-cola Consolidated, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Dividends (TTM)
$76.4M
Returned to shareholders
12%
of free cash flow
Buybacks, last 3 fiscal years
$3.2B
Total shareholder yield
0.7%
dividends 0.7% + buybacks 0.0% of market value
Dividend payout ratio
14%
of net income paid out
Sales & admin spending
26.1%
of revenue

Competitors: side by side with peers

Closest by revenue in beverages
Last 12 months unless stated COKE MNST ABEV CELH KDP CCEP Median
Revenue, last 12 months $7.7bn $9.2bn $15.8bn $3.0bn $20.1bn $23.6bn $723m
Revenue growth, last 12 months 10.7% 20.4% −5.2% 82.9% 27.5% 6.9% 6.6%
Revenue growth, 3-year average 5.7% 11.3% — 47.4% 11.3% — 4.3%
Revenue growth, latest quarter 10.6% 20.2% — 10.6% 75.6% — 6.4%
Gross margin 39.1% 55.5% 51.4% 48.8% 49.4% 35.6% 42.6%
Operating margin 13.0% 29.2% 26.4% 5.3% 16.2% 13.4% −0.9%
Operating margin, 3-year average 13.0% 27.8% 28.1% 12.7% 18.7% 11.9% 11.9%
Net margin 7.2% 23.1% 17.6% 4.2% 7.1% 9.3% −1.6%
Cash from operations / revenue 12.3% 24.3% 27.7% 16.7% 12.6% 14.1% 9.9%
Free-cash-flow margin 8.4% 22.8% 22.5% 15.2% 9.8% 9.6% 9.0%
Free-cash-flow margin, 3-year average 7.6% 22.6% 24.9% 14.8% 8.8% 10.6% 8.8%
Stock pay / revenue 0.0% 1.5% 0.5% 1.1% 1.3% 0.2% 1.2%
Change in share count 0.7% 0.5% −0.8% 6.9% 0.1% −1.1% 0.0%

Median of all 26 companies we cover in beverages. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

26 beverages companies
Measure Company Peer median Rank
Revenue growth Growth 10.7% 6.9% 10 of 26
Change in growth rate Growth +1.9pp +0.6pp 8 of 26
Gross margin Profitability 39.1% 44.2% 15 of 26
Operating margin Profitability 13.0% -0.7% 10 of 26
Net margin Profitability 7.2% -1.5% 10 of 26
Free-cash-flow margin Cash generation 8.4% 9.6% 13 of 24
Long-term debt as % of assets Balance sheet 54.4% 12.9% 18 of 18

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue YoY
Nonalcoholic Beverage $7.2B ▲ 5.0%
All Other Segments $326M ▼ 4.9%

These categories overlap or exclude eliminations, so shares aren't shown.

From Coca-cola Consolidated, Inc.'s 10-K filed February 18, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$7.8B
Institutions reporting
608
Shares held vs prior quarter
▲ 12.0%
Positions opened / closed
73 / 46

Top buyers and sellers, Q2 2026: 315 institutions bought and 231 sold ; the biggest buyer was Vinva Investment Management Ltd (+979K shares) and the biggest seller Renaissance Technologies LLC (−181K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $1B 5.3M 13.0% ▲ 1.6%
Vanguard Portfolio Management LLC $569M 3.0M 7.3% ▲ 0.7%
Vanguard Capital Management LLC $488M 2.6M 6.2% ▲ 0.6%
Boston Partners $436M 2.3M 5.6% ▲ 13.7%
First Trust Advisors LP $373M 2.0M 4.8% ▼ 3.1%
State Street Corp $342M 1.8M 4.4% ▲ 2.6%
Geode Capital Management, LLC $322M 1.7M 4.1% ▲ 4.8%
Diversified Trust Co $280M 1.5M 3.6% ▲ 0.2%
AQR Capital Management LLC $254M 1.3M 3.3% ▲ 3.2%
Norges Bank $252M 1.3M 3.2% —
Victory Capital Management Inc $184M 966K 2.4% ▲ 694.5%
Dimensional Fund Advisors LP $157M 820K 2.0% ▼ 15.6%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Coca-cola Consolidated, Inc.'s complete shareholder register. Values are as reported by the filers ; 5 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $0 net buying

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 3 trades and filings

No trades in Coca-cola Consolidated, Inc. disclosed in the last 12 months; 3 earlier trades on record.

  • Carol D. Miller(R-WV 1):Sale (full), $1,001 - $15,000, traded May 8, 2024, filed June 5, 2024
  • Carol D. Miller(R-WV 1):Sale (full), $1,001 - $15,000, traded May 8, 2024, filed June 5, 2024
  • Pete Sessions(R-TX 32):Purchase, $1,001 - $15,000, traded October 27, 2016, filed May 1, 2017

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around November 4, 2026 estimated from the company's past filing pattern, not announced

  • August 5, 2026
  • May 6, 2026
  • February 18, 2026
  • October 29, 2025
  • July 24, 2025
  • April 30, 2025

Recent SEC filings

Data status

When each part of this page on Coca-cola Consolidated, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Coca-cola Consolidated, Inc. in brief

What does Coca-cola Consolidated, Inc. do?
Coca-cola Consolidated, Inc. is a US-listed company in the beverages industry. Its financial year ends in December.
What is Coca-cola Consolidated, Inc.'s stock ticker?
Coca-cola Consolidated, Inc. trades under the ticker COKE on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Coca-cola Consolidated, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Coca-cola Consolidated, Inc. reported revenue of $7.7B, 10.7% higher than a year earlier, according to its SEC filings.
What is Coca-cola Consolidated, Inc.'s free cash flow?
Coca-cola Consolidated, Inc.'s free-cash-flow margin is 8.4% of revenue over the trailing twelve months, ranking 13 of the 24 beverages companies we cover.
Who are Coca-cola Consolidated, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Portfolio Management LLC and Vanguard Capital Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Coca-cola Consolidated, Inc.'s market cap?
On December 27, 2019, Coca-cola Consolidated, Inc.'s market capitalisation was about $262M, with a price-to-earnings ratio of 23.0 and net debt of $1B. Market figures come from third-party market data and may be delayed.
Does Coca-cola Consolidated, Inc. pay a dividend?
Yes: Coca-cola Consolidated, Inc. paid $76.4M in dividends over the trailing twelve months, a dividend yield of 0.65% and a payout ratio of 13.9%.
Who are Coca-cola Consolidated, Inc.'s competitors?
In our Beverages peer group, the companies closest to Coca-cola Consolidated, Inc. are Monster Beverage, Ambev S.a., Celsius Holdings, Inc., Keurig Dr Pepper and Coca-cola Europacific Partners plc. The side-by-side comparison below sets their revenue, margins and growth against Coca-cola Consolidated, Inc.'s.
When is Coca-cola Consolidated, Inc.'s next earnings date?
Around November 4, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Coca-cola Consolidated, Inc. announces its own schedule.