Coca-Cola Consolidated (COKE) Gross Margin (2010 - 2026)
Coca-Cola Consolidated (COKE) posted Gross Margin of 37.93% for Q2 2026, down 2.09 percentage points from 40.02% a year earlier and down 1.45 percentage points from the prior quarter.
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Analysis
Coca-Cola Consolidated (COKE) Gross Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jul 3, 2026, Gross Margin at Coca-Cola Consolidated was 39.11%, down 0.69 percentage points year-over-year; for FY2025, it was 39.74%, down 0.16 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of +4.41 percentage points (FY2020 to FY2025).
- In prior years, Coca-Cola Consolidated's Gross Margin was 39.90% in FY2024 (+0.85 pp), 39.06% in FY2023 (+2.32 pp), 36.74% in FY2022 (+1.61 pp) and 35.13% in FY2021 (-0.20 pp).
- The Q2 2026 figure stands as the lowest quarterly Gross Margin since Q2 2022.
- On a year-over-year basis, Gross Margin has declined in each of the last three quarters, with an average year-over-year change of -0.20 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q2 2023, with a gain of 4.10 percentage points; the weakest was Q2 2026, with a drop of 2.09 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 39.37% (Q1 2026), 39.61% (Q4 2025) and 39.64% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 394.76 Bn | 381.23 Bn | 8.42 Bn | 62.89% |
| 2 | Coca Cola Femsa Sab De Cv | 193.90 Bn | 193.90 Bn | 2.06 Bn | 47.09% |
| 3 | Pepsico | 175.24 Bn | 133.00 Bn | 13.75 Bn | 54.42% |
| 4 | Monster Beverage | 88.77 Bn | 77.03 Bn | 1.42 Bn | 55.95% |
| 5 | Diageo | 52.19 Bn | 32.26 Bn | - | - |
| 6 | Ambev | 50.68 Bn | 35.97 Bn | 2.06 Bn | 51.86% |
| 7 | Coca-Cola Europacific Partners | 50.06 Bn | 42.72 Bn | - | - |
| 8 | Keurig Dr Pepper | 46.50 Bn | 42.54 Bn | 3.07 Bn | 41.95% |
| 9 | Constellation Brands | 22.07 Bn | 21.62 Bn | 1.39 Bn | 49.46% |
| 10 | Coca-Cola Consolidated | 13.60 Bn | 11.23 Bn | 778.41 Mn | 37.93% |
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% |
API Access
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_KEYimport 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();