Coca-Cola Consolidated (COKE) Gross Margin (2010 - 2026)
Coca-Cola Consolidated (COKE) posted Gross Margin of 37.93% for Q3 2026, down 3.67% on a QoQ basis from 39.37% in Q2 2026, and down 209.0% year-over-year from 34.8% in Q3 2025.
Coca-Cola Consolidated (COKE) Gross Margin (2010 - 2026) Analysis & Trends
Coca-Cola Consolidated has reported Gross Margin for 17 years, with the latest figure at 37.93% in Q3 2026.
- On a quarterly basis, Gross Margin fell 209.0% year-over-year to 37.93% in Q3 2026; TTM through Jul 2026 was 39.11%, a 69.0% decrease from a year earlier, with the FY2025 full-year figure at 39.74%, down 16.0% from the prior year.
- Gross Margin was 37.93% for Q3 2026 at Coca-Cola Consolidated, down from 39.37% 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.
- Average Gross Margin over 5 years is 38.84%, with a median of 39.45% recorded in 2024.
- The sharpest annual moves came in 2023 and 2026: Gross Margin surged 410 bps in 2023, then plunged 209 bps in 2026.
- Over 5 years, Gross Margin stood at 38.06% in 2022, then rose by 3 bps to 39.33% in 2023, then gained by 2 bps to 39.96% in 2024, then fell by 1 bps to 39.61% in 2025, then declined by 4 bps to 37.93% in 2026.
- The last three Gross Margin figures came in at 37.93% (Q3 2026), 39.37% (Q2 2026), and 39.61% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 379.05 Bn | 367.07 Bn | 8.42 Bn | 62.89% |
| 2 | Diageo | 209.58 Bn | 209.63 Bn | - | - |
| 3 | Coca Cola Femsa Sab De Cv | 185.97 Bn | 185.19 Bn | 2.06 Bn | 47.09% |
| 4 | Pepsico | 177.68 Bn | 167.14 Bn | 13.11 Bn | 54.22% |
| 5 | Monster Beverage | 86.02 Bn | 82.60 Bn | 1.42 Bn | 55.95% |
| 6 | Ambev | 46.18 Bn | 42.67 Bn | 2.06 Bn | 51.86% |
| 7 | Coca-Cola Europacific Partners | 44.77 Bn | 44.20 Bn | - | - |
| 8 | Keurig Dr Pepper | 43.22 Bn | 45.90 Bn | 3.07 Bn | 41.95% |
| 9 | Andina Bottling | 28.97 Bn | -301.93 Bn | 698.26 Mn | 40.03% |
| 10 | Coca-Cola Consolidated | 10.60 Bn | 10.42 Bn | 778.41 Mn | 37.93% |
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% |
Coca-Cola Consolidated Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=COKE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "COKE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=COKE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();