Coca-Cola Consolidated (COKE) Operating Margin (2010 - 2026)
Coca-Cola Consolidated's quarterly Operating Margin came in at 12.86% in Q2 2026, up 85.0% year-on-year from 6.95% in Q2 2025, and up 1.16% quarter-over-quarter from 12.71% in Q4 2025.
Coca-Cola Consolidated has reported Operating Margin for 17 years, with the latest figure at 12.86% in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin rose 85.0% year-over-year to 12.86%; the trailing twelve-month figure through Apr 2026 stood at 13.32% (up 33.0% YoY), and the FY2025 full-year result was 13.15%, down 19.0% from the prior year.
- Operating Margin for Q2 2026 stood at 12.86%, up from 12.71% 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 12.35%, with a median of 12.71% recorded in 2025.
- Year-over-year, Operating Margin surged 478 bps in 2022 and sank 152 bps in 2025.
- Tracing COKE's Operating Margin over 5 years: 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 climbed by 1 bps to 12.86% in 2026.
- The last three Operating Margin figures came in at 12.86% (Q2 2026), 12.71% (Q4 2025), and 13.06% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 338.61 Bn | 329.63 Bn | 7.85 Bn | 34.95% |
| 2 | Pepsico | 193.55 Bn | 182.88 Bn | 10.73 Bn | 16.53% |
| 3 | Monster Beverage | 87.17 Bn | 84.18 Bn | 1.29 Bn | 31.02% |
| 4 | Coca-Cola Europacific Partners | 47.66 Bn | 47.03 Bn | - | - |
| 5 | Keurig Dr Pepper | 41.05 Bn | 27.15 Bn | 2.10 Bn | 19.01% |
| 6 | Coca Cola Femsa Sab De Cv | 10.77 Bn | 9.26 Bn | 1.89 Bn | 12.73% |
| 7 | Coca-Cola Consolidated | 9.73 Bn | 9.50 Bn | 727.08 Mn | 12.86% |
| 8 | Primo Brands | 8.93 Bn | 8.64 Bn | 464.90 Mn | 8.49% |
| 9 | Celsius Holdings | 7.93 Bn | 7.38 Bn | 378.07 Mn | 17.76% |
| 10 | Vita Coco Company | 4.29 Bn | 4.08 Bn | 71.81 Mn | 18.68% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jul 2, 2021 | 8.43% |
| Apr 2, 2021 | 7.42% |
| Dec 31, 2020 | 7.32% |
| Sep 27, 2020 | 7.82% |
| Jun 28, 2020 | 6.77% |
| Mar 29, 2020 | 2.80% |
| Dec 29, 2019 | 3.35% |
| Sep 29, 2019 | 4.24% |
| Jun 30, 2019 | 5.28% |
| Mar 31, 2019 | 1.83% |
| Dec 30, 2018 | 1.13% |
| Sep 30, 2018 | 3.69% |
| Jul 1, 2018 | 1.61% |
| Apr 1, 2018 | -1.78% |
| Dec 31, 2017 | 0.04% |
| Oct 1, 2017 | 3.25% |
| Jul 2, 2017 | 4.20% |
| Apr 2, 2017 | 1.74% |
| Jan 1, 2017 | 5.74% |
| Oct 2, 2016 | 4.69% |
| Jul 3, 2016 | 6.51% |
| Apr 3, 2016 | 1.98% |
| Jan 3, 2016 | 38.86% |
| Sep 27, 2015 | 4.47% |
| Jun 28, 2015 | 6.23% |
| Mar 29, 2015 | 3.73% |
| Dec 28, 2014 | 3.21% |
| Sep 28, 2014 | 6.22% |
| Jun 29, 2014 | 6.80% |
| Mar 30, 2014 | 0.44% |
| Dec 29, 2013 | -14.48% |
| Sep 29, 2013 | 6.95% |
| Jun 30, 2013 | 6.27% |
| Mar 31, 2013 | 4.04% |
| Dec 30, 2012 | -14.47% |
| Sep 30, 2012 | 6.54% |
| Jul 1, 2012 | 6.63% |
| Apr 1, 2012 | 4.94% |
| Jan 1, 2012 | -15.70% |
| Oct 2, 2011 | 6.15% |
| Jul 3, 2011 | 6.72% |
| Apr 3, 2011 | 5.33% |
| Oct 3, 2010 | 8.51% |
| Jul 4, 2010 | 7.14% |