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Coca-Cola Co Gross Margin %

: 57.35% (As of Jun. 2022)
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Gross Margin % is calculated as gross profit divided by its revenue. Coca-Cola Co's Gross Profit for the three months ended in Jun. 2022 was $6,495 Mil. Coca-Cola Co's Revenue for the three months ended in Jun. 2022 was $11,325 Mil. Therefore, Coca-Cola Co's Gross Margin % for the quarter that ended in Jun. 2022 was 57.35%.


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

KO' s Gross Margin % Range Over the Past 10 Years
Min: 58.89   Med: 60.68   Max: 62.11
Current: 58.89


During the past 13 years, the highest Gross Margin % of Coca-Cola Co was 62.11%. The lowest was 58.89%. And the median was 60.68%.

KO's Gross Margin % is ranked better than
92.45% of 106 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 37.04 vs KO: 58.89

Coca-Cola Co had a gross margin of 57.35% for the quarter that ended in Jun. 2022 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Coca-Cola Co was -0.50% per year.


Coca-Cola Co Gross Margin % Historical Data

The historical data trend for Coca-Cola Co'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 Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 62.11 61.90 60.77 59.31 60.27

Coca-Cola Co Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Gross Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 62.61 60.40 56.80 61.00 57.35

Competitive Comparison

For the Beverages - Non-Alcoholic subindustry, Coca-Cola Co'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 Co Gross Margin % Distribution

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

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



Coca-Cola Co Gross Margin % Calculation

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

Coca-Cola Co's Gross Margin for the fiscal year that ended in Dec. 2021 is calculated as

Gross Margin % (A: Dec. 2021 )=Gross Profit (A: Dec. 2021 ) / Revenue (A: Dec. 2021 )
=23298 / 38655
=(Revenue - Cost of Goods Sold) / Revenue
=(38655 - 15357) / 38655
=60.27 %

Coca-Cola Co's Gross Margin for the quarter that ended in Jun. 2022 is calculated as


Gross Margin % (Q: Jun. 2022 )=Gross Profit (Q: Jun. 2022 ) / Revenue (Q: Jun. 2022 )
=6495 / 11325
=(Revenue - Cost of Goods Sold) / Revenue
=(11325 - 4830) / 11325
=57.35 %

* 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.

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 Co  (NYSE:KO) 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 Co had a gross margin of 57.35% for the quarter that ended in Jun. 2022 => Durable competitive advantage


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 Co Gross Margin % Related Terms

Thank you for viewing the detailed overview of Coca-Cola Co's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Coca-Cola Co Business Description

Coca-Cola Co logo
Address
One Coca-Cola Plaza, Atlanta, GA, USA, 30313
Coca-Cola is the largest nonalcoholic beverage entity in the world, owning and marketing some of the leading carbonated beverage brands, such as Coke, Fanta, and Sprite, as well as nonsparkling brands, such as Minute Maid, Georgia Coffee, Costa, and Glaceau. Operationally, the firm focuses its manufacturing efforts early in the supply chain, making the concentrate (or beverage bases) for its drinks that are then processed and distributed by its network of more than 100 bottlers. Concentrate operations represent roughly 85% of the company's unit case volume. The firm generates most of its revenue internationally, with countries like Mexico, Brazil, and Japan being key markets outside of the U.S.
Executives
Allen Herbert A Iii director ALLEN & COMPANY LLC 711 FIFTH AVENUE NEW YORK NY 10022
Douglas Monica Howard officer: SVP & General Counsel 535 MADISON AVENUE, 20TH FLOOR NEW YORK NY 10022
Braun Henrique other: Operating Unit President C/O THE COCA-COLA COMPANY ONE COCA-COLA PLAZA ATLANTA GA 30313
Gayton Bradley M officer: SVP & General Counsel ONE COCA-COLA PLAZA ATLANTA GA 30313
Loveless Kathy officer: Vice President & Controller C/O THE COCA-COLA COMPANY ONE COCA-COLA PLAZA ATLANTA GA 30313
Chang Lisa other: Chief People Officer THE COCA-COLA COMPANY ONE COCA-COLA PLAZA ATLANTA GA 30313
Arroyo Manuel other: Group President THE COCA-COLA COMPANY ONE COCA-COLA PLAZA ATLANTA GA 30313
Koumettis Nikolaos other: Group President THE COCA-COLA COMPANY ONE COCA-COLA PLAZA ATLANTA GA 30313
Quan Nancy officer: Senior Vice President THE COCA-COLA COMPANY ONE COCA-COLA PLAZA ATLANTA GA 30313
Tsay Caroline J director C/O ROSETTA STONE INC. 1919 NORTH LYNN STREET, 7TH FLOOR ARLINGTON VA 22209
Davis Christopher C director C/O GRAHAM HOLDINGS COMPANY 1300 NORTH 17TH STREET, SUITE 1700 ARLINGTON VA 22209
Dinkins James L officer: Senior Vice President C/O THE COCA-COLA COMPANY ONE COCA-COLA PLAZA ATLANTA GA 30313
Perez Beatriz R officer: Senior Vice President ONE COCA-COLA PLAZA ATLANTA GA 30313
Randazza Mark officer: Principal Accounting Officer THE COCA-COLA COMPANY ONE COCA-COLA PLAZA ATLANTA GA 30313
Long Robert Edward officer: Senior Vice President THE COCA-COLA COMPANY ONE COCA-COLA PLAZA ATLANTA GA 30313

Coca-Cola Co Headlines

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