KO Profit Margins

Gross, Operating & Net Margin Analysis for Coca Cola Co

Margin Quality

Excellent

Current Profit Margins

Gross Margin

61.1%

61.1% YoY

$28.74B gross profit

Operating Margin

21.2%

21.2% YoY

$9.99B operating income

Net Profit Margin

22.6%

0.0% YoY

$10.63B net income

5-Year Margin Trends

FYRevenue: $43.00B
Gross58.1%
Operating25.4%
Net22.2%
2023Revenue: $45.75B
Gross0.0%
Operating0.0%
Net23.4%
FYRevenue: $45.75B
Gross59.5%
Operating24.7%
Net23.4%
2024Revenue: $47.06B
Gross0.0%
Operating0.0%
Net22.6%
FYRevenue: $47.06B
Gross61.1%
Operating21.2%
Net22.6%

What Margins Indicate About KO

Business Quality

High gross margins above 50% suggest Coca Cola Co has strong pricing power and competitive advantages that allow premium pricing.

Operational Efficiency

Expanding operating margins show Coca Cola Co is improving operational leverage and cost management.

Profitability

Net margins above 15% demonstrate excellent profitability and suggest strong competitive positioning.

Investment Implications

Mixed margin trends require deeper analysis to understand underlying business dynamics and sustainability.

Understanding Profit Margins

Gross Margin

(Revenue - Cost of Goods Sold) / Revenue. Measures pricing power and production efficiency before operating expenses.

Operating Margin

Operating Income / Revenue. Shows profitability from core operations after all operating expenses but before interest and taxes.

Net Profit Margin

Net Income / Revenue. The bottom line - shows how much profit the company keeps from each dollar of revenue after all expenses.

Analyze KO Profitability

Get complete financial analysis with profitability trends, ROE, ROIC, and more

Frequently Asked Questions

What is KO's profit margin?

KO (Coca Cola Co) has a net profit margin of 22.6%, meaning the company keeps $0.22589830220352308 in profit for every dollar of revenue. This represents a change from the previous year's net margin of 22.6%.

What is KO's gross margin?

KO's gross margin is 61.1%. Gross margin measures the percentage of revenue remaining after subtracting the cost of goods sold. A high gross margin like this indicates strong pricing power and efficient production.

What is KO's operating margin?

KO has an operating margin of 21.2%. Operating margin shows profitability after operating expenses but before interest and taxes. The 21.2% year-over-year improvement suggests better operational efficiency.

Are KO's profit margins good?

KO's margins are considered excellent. With a gross margin of 61.1% and net margin of 22.6%, Coca Cola Co demonstrates strong pricing power and operational efficiency.

How do profit margins affect KO stock?

Profit margins are a key indicator of KO's business quality and competitive position. High margins suggest strong competitive advantages and pricing power, which typically support premium valuations. Expanding margins often lead to stock price appreciation, while contracting margins can signal competitive pressures.

What drives KO's profit margins?

KO's profit margins are influenced by several factors: pricing power vs competitors, operational efficiency, scale advantages, input costs (materials, labor), Beverages-specific dynamics, and management execution. The significant expansion in gross margin suggests changes in these underlying drivers.

Disclaimer: Margin analysis is based on reported financial statements and should be compared to industry peers for context. Different sectors have structurally different margin profiles. This information is for educational purposes only and should not be considered financial advice.

Explore Categories