Coca-Cola Consolidated (COKE) Operating Margin (2010 - 2026)
Coca-Cola Consolidated (COKE) recorded Operating Margin of 13.22% in Q2 2026, down 1.44 percentage points from 14.66% a year earlier but up 0.36 percentage points from the prior quarter.
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Analysis
Coca-Cola Consolidated (COKE) Operating Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Coca-Cola Consolidated's Operating Margin came in at 12.97% as of Jul 3, 2026, down 0.09 percentage points year-over-year; for FY2025, it was 13.15%, down 0.19 percentage points from FY2024.
- Annual Operating Margin has a five-year change of +6.89 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at 13.34% in FY2024 (+0.80 pp), 12.54% in FY2023 (+2.20 pp), 10.34% in FY2022 (+2.44 pp) and 7.89% in FY2021 (+1.64 pp).
- Quarterly Operating Margin has ranged from 6.21% in Q4 2021 to 14.66% in Q2 2025 over the past five years.
- On a year-over-year basis, Operating Margin rose in six of the last eight quarters, with an average year-over-year change of +0.04 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 4.78 percentage points in Q4 2022, against a drop of 1.52 percentage points in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 12.86% (Q1 2026), 12.71% (Q4 2025) and 13.06% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 395.83 Bn | 382.30 Bn | 8.42 Bn | 34.92% |
| 2 | Coca Cola Femsa Sab De Cv | 193.51 Bn | 193.51 Bn | 2.06 Bn | 13.96% |
| 3 | Pepsico | 175.42 Bn | 133.18 Bn | 13.75 Bn | 16.86% |
| 4 | Monster Beverage | 88.66 Bn | 76.91 Bn | 1.42 Bn | 29.18% |
| 5 | Diageo | 52.30 Bn | 32.37 Bn | - | - |
| 6 | Ambev | 50.76 Bn | 36.05 Bn | 2.06 Bn | 23.89% |
| 7 | Coca-Cola Europacific Partners | 50.09 Bn | 42.76 Bn | - | - |
| 8 | Keurig Dr Pepper | 46.34 Bn | 42.38 Bn | 3.07 Bn | 8.59% |
| 9 | Constellation Brands | 22.12 Bn | 21.67 Bn | 1.39 Bn | 28.58% |
| 10 | Coca-Cola Consolidated | 13.61 Bn | 11.24 Bn | 778.41 Mn | 13.22% |
Historic Data
Download Data
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% |
API Access
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_KEYimport 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();