Coca-Cola Consolidated (COKE) Operating Margin (2010 - 2026)
Coca-Cola Consolidated (COKE) posted Operating Margin of 13.22% for Q3 2026, up 2.78% on a QoQ basis from 12.86% in Q2 2026, and down 144.0% year-over-year from 30.05% in Q3 2025.
Coca-Cola Consolidated (COKE) Operating Margin (2010 - 2026) Analysis & Trends
Coca-Cola Consolidated has reported Operating Margin for 17 years, with the latest figure at 13.22% in Q3 2026.
- On a quarterly basis, Operating Margin fell 144.0% year-over-year to 13.22% in Q3 2026; TTM through Jul 2026 was 12.97%, a 9.0% decrease from a year earlier, with the FY2025 full-year figure at 13.15%, down 19.0% from the prior year.
- Operating Margin was 13.22% for Q3 2026 at Coca-Cola Consolidated, up from 12.86% in the prior quarter.
- The five-year high for Operating Margin was 14.66% in Q2 2025, with the low at 9.23% in Q3 2022.
- Average Operating Margin over 5 years is 12.4%, with a median of 12.79% recorded in 2025.
- The sharpest annual moves came in 2022 and 2025: Operating Margin jumped 478 bps in 2022, then plunged 152 bps in 2025.
- Over 5 years, Operating Margin stood at 10.99% in 2022, then declined by 0 bps to 10.94% in 2023, then grew by 14 bps to 12.53% in 2024, then climbed by 2 bps to 12.71% in 2025, then advanced by 4 bps to 13.22% in 2026.
- The last three Operating Margin figures came in at 13.22% (Q3 2026), 12.86% (Q2 2026), and 12.71% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 379.05 Bn | 367.07 Bn | 8.42 Bn | 34.92% |
| 2 | Diageo | 209.58 Bn | 209.63 Bn | - | - |
| 3 | Coca Cola Femsa Sab De Cv | 185.97 Bn | 185.19 Bn | 2.06 Bn | 13.96% |
| 4 | Pepsico | 177.68 Bn | 167.14 Bn | 13.11 Bn | 16.64% |
| 5 | Monster Beverage | 86.02 Bn | 82.60 Bn | 1.42 Bn | 29.18% |
| 6 | Ambev | 46.18 Bn | 42.67 Bn | 2.06 Bn | 23.89% |
| 7 | Coca-Cola Europacific Partners | 44.77 Bn | 44.20 Bn | - | - |
| 8 | Keurig Dr Pepper | 43.22 Bn | 45.90 Bn | 3.07 Bn | 8.59% |
| 9 | Andina Bottling | 28.97 Bn | -301.93 Bn | 698.26 Mn | 5,344.68% |
| 10 | Coca-Cola Consolidated | 10.60 Bn | 10.42 Bn | 778.41 Mn | 13.22% |
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 13.22% |
| Apr 3, 2026 | 12.86% |
| Dec 31, 2025 | 12.71% |
| Sep 26, 2025 | 13.06% |
| Jun 27, 2025 | 14.66% |
| Mar 28, 2025 | 12.01% |
| Dec 31, 2024 | 12.53% |
| Sep 27, 2024 | 12.86% |
| Jun 28, 2024 | 14.43% |
| Mar 29, 2024 | 13.53% |
| Dec 31, 2023 | 10.94% |
| Sep 29, 2023 | 12.63% |
| Jun 30, 2023 | 13.44% |
| Mar 31, 2023 | 13.11% |
| Dec 31, 2022 | 10.99% |
| Sep 30, 2022 | 11.66% |
| Jul 1, 2022 | 9.23% |
| Apr 1, 2022 | 9.33% |
| Dec 31, 2021 | 6.21% |
| Oct 1, 2021 | 9.40% |
Coca-Cola Consolidated Operating 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=operating-margin&ticker=COKE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=COKE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();