Coca-Cola Europacific Partners (CCEP) Tax Rate (2017 - 2018)
Coca-Cola Europacific Partners (CCEP) posted quarterly Tax Rate of 19.76% for Q4 2018, down 37518.0% year-over-year from N/an in Q4 2017, and up 178.71% quarter-over-quarter from 25.1% in Q3 2018.
Analysis
Coca-Cola Europacific Partners (CCEP) Tax Rate (2017 - 2018) Analysis & Trends
Coca-Cola Europacific Partners (CCEP) has reported Tax Rate for 3 consecutive years, with 19.76% the latest figure, recorded in Q4 2018.
- In Q4 2018, Tax Rate fell 37518.0% year-over-year to 19.76%; the TTM figure through Dec 2018 stood at 19.29% (down 6255.0% YoY), while the FY2025 annual figure was 22.97%, down 245.0% from the prior year.
- Tax Rate climbed to 19.76% in Q4 2018 per CCEP's latest filing, from 25.1% in the prior quarter.
- Across five years, Tax Rate topped out at 394.94% in Q4 2017 and bottomed at 27.16% in Q2 2016.
- Historically, Tax Rate has averaged 34.57% across 3 years, with a median of 23.43% in 2017.
- Annual changes were most pronounced in 2017 — Tax Rate soared 24197 bps — and 2018, when it plunged 37518 bps.
- Coca-Cola Europacific Partners' Tax Rate stood at 152.98% in 2016, then jumped by 158 bps to 394.94% in 2017, then tumbled by 95 bps to 19.76% in 2018.
- Business Quant data shows CCEP's Tax Rate at 19.76% in Q4 2018, 25.1% in Q3 2018, and 25.63% in Q2 2018.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 383.01 Bn | 368.86 Bn | 8.42 Bn | 18.94% |
| 2 | Pepsico | 191.02 Bn | 180.31 Bn | 13.11 Bn | 22.01% |
| 3 | Coca Cola Femsa Sab De Cv | 190.39 Bn | 190.39 Bn | 2.06 Bn | 29.65% |
| 4 | Monster Beverage | 87.08 Bn | 83.66 Bn | 1.42 Bn | 23.91% |
| 5 | Coca-Cola Europacific Partners | 49.71 Bn | 48.55 Bn | - | - |
| 6 | Keurig Dr Pepper | 44.67 Bn | 43.15 Bn | 3.07 Bn | 31.15% |
| 7 | Andina Bottling | 23.19 Bn | 22.72 Bn | 698.26 Mn | -32.50% |
| 8 | Coca-Cola Consolidated | 13.13 Bn | 12.96 Bn | 778.41 Mn | 26.17% |
| 9 | Celsius Holdings | 7.99 Bn | 7.35 Bn | 393.69 Mn | 20.48% |
| 10 | Primo Brands | 7.83 Bn | 7.46 Bn | 548.70 Mn | 28.73% |