Coca-Cola Consolidated (COKE) Operating Margin (2010 - 2026)
Coca-Cola Consolidated (COKE) posted quarterly Operating Margin of 12.86% for Q2 2026, up 85.0% year-over-year from 6.95% in Q2 2025, and up 1.16% quarter-over-quarter from 12.71% in Q4 2025.
Coca-Cola Consolidated (COKE) Operating Margin (2010 - 2026) Analysis & Trends
Coca-Cola Consolidated's Operating Margin history runs 17 years deep, the most recent figure standing at 12.86% for Q2 2026.
- In Q2 2026, Operating Margin rose 85.0% year-over-year to 12.86%; the TTM figure through Apr 2026 stood at 13.32% (up 33.0% YoY), while the FY2025 annual figure 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.
- The 5-year median for Operating Margin is 12.71% (2025), against an average of 12.35%.
- The sharpest annual moves came in 2022 and 2025: Operating Margin surged 478 bps in 2022, then plunged 152 bps in 2025.
- Coca-Cola Consolidated's Operating Margin stood at 10.99% in 2022, then slipped by 0 bps to 10.94% in 2023, then advanced by 14 bps to 12.53% in 2024, then gained by 2 bps to 12.71% in 2025, then gained by 1 bps to 12.86% in 2026.
- Business Quant data shows COKE's Operating Margin at 12.86% in Q2 2026, 12.71% in Q4 2025, and 13.06% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola Femsa Sab De Cv | 1,820.28 Bn | 1,820.28 Bn | 2.06 Bn | 13.21% |
| 2 | Coca Cola | 373.67 Bn | 359.52 Bn | 8.42 Bn | 34.92% |
| 3 | Pepsico | 188.28 Bn | 177.56 Bn | 13.11 Bn | 16.64% |
| 4 | Coca-Cola Europacific Partners | 48.31 Bn | 47.14 Bn | - | - |
| 5 | Monster Beverage | 44.93 Bn | 41.51 Bn | 1.42 Bn | 29.18% |
| 6 | Keurig Dr Pepper | 39.65 Bn | 38.76 Bn | 2.10 Bn | 19.01% |
| 7 | Andina Bottling | 21.78 Bn | 21.78 Bn | 319.18 Bn | 66.47% |
| 8 | Coca-Cola Consolidated | 10.29 Bn | 10.12 Bn | 778.41 Mn | 13.22% |
| 9 | Primo Brands | 8.55 Bn | 8.19 Bn | 548.70 Mn | 10.04% |
| 10 | Celsius Holdings | 6.99 Bn | 6.36 Bn | 393.69 Mn | 9.20% |
Historic Data
Download 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% |