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Region | 2019 | 2020 | Revenue Share in 2020 |
International | $25.55 | $21.73 | 66% |
United States | $11.72 | $11.28 | 34% |
Total | $37.27 | $33.01 | 100% |
Coca-Cola earned $11.28 billion from the United States during FY 2020, which was a 4% decrease when compared to FY 2019 when $11.72 billion were earned. United States contributed 34% of the total revenue of the company during FY 2020.
In FY 2015, the company earned $20.36 billion from the U.S, which is the highest revenue earned from this region in any year between FY 2013 and FY 2020.
The company has 350 distribution centres and 51 production facilities in the U.S. International A majority of Coca-Cola’s revenue comes from the International markets, which contributed about 66% of total revenue in FY 2020. The revenue from this region in FY 2020 amounted to $21.73 billion, which was a 14% decrease in revenue compared to FY 2019 when the revenue earned was $25.55 billion. Coca-Cola earned $27.03 billion in FY 2013 from this region, which the highest revenue earned from any region between FY 2013 and FY 2020. In the International markets, the company has operations in 200 countries such as India, China, Belgium, Denmark, France, Hong Kong, Malaysia, New Zealand, etc. Coca-Cola’s total revenue fell from $37.27 billion to $33.01 billion, between FY 2019 and FY 2020, which was an 11% decrease. The reason for this fall may be the closure of restaurants, theatres, and sporting venues due to the COVID-19 pandemic all over the world. To recover from this setback the company is developing a contactless, mobile technology for its Freestyle machines, which is expected to roll out in the US by the end of this year. This technology allows consumers to choose and pour drinks in a few seconds, without creating an account or downloading an app. In Australia, Coca-Cola has started accepting cryptocurrency at vending machines to reduce contacts. The company is also planning to refresh its product portfolio and eliminate small underperforming brands around the world. Along with this, the company is starting a refreshed marketing approach, with a step-change in marketing investment efficiency and effectiveness. Company Overview Coca-Cola is a public limited company, founded by John Stith Pemberton, in 1866. As of 2019, the number of employees of the company worldwide was 86,200. Coca-Cola Co’s key managerial persons are James Quincey(Chairman and CEO) and Brian Smith (President and COO). The competitors of Coca-Cola are PepsiCo, Red Bull, Keurig Dr. Pepper, Tropicana Products, Britvic, Real Fruit Juice, Monster Beverage Corporation, and Fever-Tree. They deal in products such as Coca-Cola, Sprite, Fanta, Schweppes, Appletiser, Fresca, Barq’s, Dasani, Smartwater, Minute Maid, Georgia Coffee, Fuze Tea, Honest Tea, Costa Coffee, Powerade Drinks, Peace Tea, Ayataka Tea, AdeS, Fresca, Aquarius Water, and Topo Chico. Coca-Cola sponsored the popular Fox singing-competition series American Idol from 2002 to 2014. They also sponsor Charlie Rose’s nightly talk show on PBS in the US. The stocks of Coca-Cola are listed on the New York Stock Exchange under the ticker symbol “KO”. In 2017, the company acquired the Mexican sparkling water brand, Topo Chico. Coca-Cola Co is the world’s largest producer of plastic waste. Did you like Coca-Cola’s Revenue by Region statistic? Access thousands of more such key performance indicator data points, on listed companies, with Business Quant. You can also get started for free.Always know what you’ll pay. No hidden costs or surprises.
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