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Coca-Cola Co (WBO:KO) Tax Rate % : 15.68% (As of Sep. 2024)


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What is Coca-Cola Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Coca-Cola Co's Tax Expense for the three months ended in Sep. 2024 was €478 Mil. Coca-Cola Co's Pre-Tax Income for the three months ended in Sep. 2024 was €3,045 Mil. Therefore, Coca-Cola Co's Tax Rate % for the quarter that ended in Sep. 2024 was 15.68%.

Coca-Cola Co Tax Rate % Historical Data

The historical data trend for Coca-Cola Co's Tax Rate % 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.

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Coca-Cola Co Tax Rate % Chart

Coca-Cola Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.70 20.32 21.09 18.10 17.36

Coca-Cola Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % Get a 7-Day Free Trial 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 12.84 19.98 17.74 20.71 15.68

Coca-Cola Co Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Coca-Cola Co's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=2062.333/11876.984
=17.36 %

Coca-Cola Co's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=477.53/3045.38
=15.68 %

* 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.

Coca-Cola Co Tax Rate % Related Terms

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Coca-Cola Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Coca-Cola Co (WBO:KO) » Definitions » Tax Rate %
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Traded in Other Exchanges
KO:USA KO:Peru KO:Mexico KO_KZ:Kazakhstan 1KO:Italy CCC3d:UK CCC:Germany CCC3:Germany CCC3:Germany CCC3:Germany CCC3:Germany KO:Chile COLA:Canada COCA34:Brazil CCC3:Bulgaria KO:Argentina
Address
One Coca-Cola Plaza, Atlanta, GA, USA, 30313
Website
https://www.coca-colacompany.com
Founded in 1886, Atlanta-headquartered Coca-Cola is the world's largest nonalcoholic beverage company, with a strong portfolio of 200 brands covering key categories including carbonated soft drinks, water, sports, energy, juice, and coffee. Together with bottlers and distribution partners, the company sells finished beverage products bearing Coca-Cola and licensed brands through retailers and food-service locations in more than 200 countries and regions globally. Coca-Cola generates around two thirds of its total revenue overseas, with a significant portion from emerging economies in Latin America and Asia-Pacific.