Coca-Cola Europacific Partners (Coca-Cola Europacific Partners) Gross Margin %

: 37.00% (As of Dec. 2023)

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Gross Margin % is calculated as gross profit divided by its revenue. Coca-Cola Europacific Partners's Gross Profit for the six months ended in Dec. 2023 was $3,762 Mil. Coca-Cola Europacific Partners's Revenue for the six months ended in Dec. 2023 was $10,169 Mil. Therefore, Coca-Cola Europacific Partners's Gross Margin % for the quarter that ended in Dec. 2023 was 37.00%.

Warning Sign:

Coca-Cola Europacific Partners PLC gross margin has been in long-term decline. The average rate of decline per year is -1.1%.

The historical rank and industry rank for Coca-Cola Europacific Partners's Gross Margin % or its related term are showing as below:

CCEP' s Gross Margin % Range Over the Past 10 Years
Min: 35.22 Med: 36.84 Max: 38.86
Current: 36.72

During the past 13 years, the highest Gross Margin % of Coca-Cola Europacific Partners was 38.86%. The lowest was 35.22%. And the median was 36.84%.

CCEP's Gross Margin % is ranked better than
50% of 108 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 36.665 vs CCEP: 36.72

Coca-Cola Europacific Partners had a gross margin of 37.00% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Coca-Cola Europacific Partners was -1.10% per year.

Coca-Cola Europacific Partners Gross Margin % Historical Data

The historical data trend for Coca-Cola Europacific Partners's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Coca-Cola Europacific Partners Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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38.22

35.22

36.95

35.94

36.72

Coca-Cola Europacific Partners Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial															38.34	36.14	35.75	36.43	37.00

Competitive Comparison

For the Beverages - Non-Alcoholic subindustry, Coca-Cola Europacific Partners's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Coca-Cola Europacific Partners Gross Margin % Distribution

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Coca-Cola Europacific Partners's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Coca-Cola Europacific Partners's Gross Margin % falls into.

Coca-Cola Europacific Partners Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Coca-Cola Europacific Partners's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )	=	Gross Profit (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	7328.2	/	19958.561
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(19958.561 - 12630.317)	/	19958.561
	=	36.72 %

Coca-Cola Europacific Partners's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	3762.3	/	10169.029
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(10169.029 - 6406.761)	/	10169.029
	=	37.00 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Coca-Cola Europacific Partners (NAS:CCEP) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Coca-Cola Europacific Partners had a gross margin of 37.00% for the quarter that ended in Dec. 2023 => Competition eroding margins

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Coca-Cola Europacific Partners Gross Margin % Related Terms

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Coca-Cola Europacific Partners (Coca-Cola Europacific Partners) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Coca-Cola Europacific Partners PLC (NAS:CCEP) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

CCEP:Netherlands CCEPa:UK CCEP:UK CCEP:Spain CK0:Germany CK0:Germany

Address

Bakers Road, Pemberton House, Uxbridge, GBR, UB8 1EZ

Website

https://www.cocacolaep.com

CCEP is the second-largest bottling partner in the Coca-Cola system by volume, behind Coca-Cola Femsa, and primarily operates in developed Europe (78% of 2022 revenue and 73% of EBIT) and Australasia (22% and 27%, respectively). In 2023 it announced the planned acquisition of Coca-Cola Beverages Philippines from TCCC.In 2022, CCEP sold 3.3 billion unit cases of beverages, which we estimate equates to roughly 9% of the global Coke system volume. Coke's largest bottler, Coca-Cola Femsasold 3.75 billion unit cases (11%), and the third-largest, Coca-Cola HBC, serving Eastern Europe and North Africa, sold 2.7 billion unit cases (8%).TCCC owns 19% of the equity of CCEP, Olive Partners, a holding company of bottling operations, owns a further 36%, and the remaining 45% is free float.