Coca-Cola Consolidated (COKE) Gross Margin (2010 - 2026)
Coca-Cola Consolidated (COKE) posted quarterly Gross Margin of 39.37% for Q2 2026, down 32.0% year-over-year from 57.9% in Q2 2025, and down 0.6% quarter-over-quarter from 39.61% in Q4 2025.
Analysis
Coca-Cola Consolidated (COKE) Gross Margin (2010 - 2026) Analysis & Trends
Coca-Cola Consolidated's Gross Margin history runs 17 years deep, the most recent figure standing at 39.37% for Q2 2026.
- In Q2 2026, Gross Margin fell 32.0% year-over-year to 39.37%; the TTM figure through Apr 2026 stood at 39.66% (down 12.0% YoY), while the FY2025 annual figure was 39.74%, down 16.0% from the prior year.
- Gross Margin for Q2 2026 stood at 39.37%, down from 39.61% in the prior quarter.
- The five-year high for Gross Margin was 40.25% in Q1 2024, with the low at 34.52% in Q3 2022.
- The 5-year median for Gross Margin is 39.53% (2024), against an average of 38.89%.
- The sharpest annual moves came in 2023 and 2025: Gross Margin soared 410 bps in 2023, then tumbled 55 bps in 2025.
- Coca-Cola Consolidated's Gross Margin stood at 38.06% in 2022, then grew by 3 bps to 39.33% in 2023, then increased by 2 bps to 39.96% in 2024, then dropped by 1 bps to 39.61% in 2025, then declined by 1 bps to 39.37% in 2026.
- Business Quant data shows COKE's Gross Margin at 39.37% in Q2 2026, 39.61% in Q4 2025, and 39.64% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 382.49 Bn | 368.34 Bn | 8.42 Bn | 62.89% |
| 2 | Pepsico | 191.19 Bn | 180.48 Bn | 13.11 Bn | 54.22% |
| 3 | Coca Cola Femsa Sab De Cv | 188.74 Bn | 188.74 Bn | 2.06 Bn | 47.09% |
| 4 | Monster Beverage | 86.65 Bn | 83.23 Bn | 1.42 Bn | 55.95% |
| 5 | Coca-Cola Europacific Partners | 49.71 Bn | 48.54 Bn | - | - |
| 6 | Keurig Dr Pepper | 45.04 Bn | 43.53 Bn | 3.07 Bn | 41.95% |
| 7 | Andina Bottling | 23.19 Bn | 22.72 Bn | 698.26 Mn | 0.00% |
| 8 | Coca-Cola Consolidated | 13.05 Bn | 12.88 Bn | 778.41 Mn | 37.93% |
| 9 | Celsius Holdings | 8.03 Bn | 7.40 Bn | 393.69 Mn | 48.13% |
| 10 | Primo Brands | 7.89 Bn | 7.52 Bn | 548.70 Mn | 30.55% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 37.93% |
| Apr 3, 2026 | 39.37% |
| Dec 31, 2025 | 39.61% |
| Sep 26, 2025 | 39.64% |
| Jun 27, 2025 | 40.02% |
| Mar 28, 2025 | 39.69% |
| Dec 31, 2024 | 39.96% |
| Sep 27, 2024 | 39.53% |
| Jun 28, 2024 | 39.91% |
| Mar 29, 2024 | 40.25% |
| Dec 31, 2023 | 39.33% |
| Sep 29, 2023 | 38.63% |
| Jun 30, 2023 | 38.62% |
| Mar 31, 2023 | 39.71% |
| Dec 31, 2022 | 38.06% |
| Sep 30, 2022 | 38.14% |
| Jul 1, 2022 | 34.52% |
| Apr 1, 2022 | 36.14% |
| Dec 31, 2021 | 35.14% |
| Oct 1, 2021 | 35.52% |