Discontinued — last reported Q3 '24

Business Segments · Income (loss) before income taxes

Global Ventures — Income (loss) before income taxes

Coca-Cola Global Ventures — Income (loss) before income taxes decreased by 17.0% to $78.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 7.1%, from $84.00M to $78.00M. Over 2 years (FY 2021 to FY 2023), Global Ventures — Income (loss) before income taxes shows relatively stable performance with a 4.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2017
Last reportedQ3 2024Oct 24, 2024
Rolls up toPre-Tax Income

How to read this metric

An increase indicates improved operational efficiency or higher margins within the segment, while a decrease suggests rising costs or declining segment performance.

Detailed definition

This metric represents the pre-tax profitability generated by the specific operating segment dedicated to global busines...

Peer comparison

Comparable to segment-level operating income or pre-tax profit metrics reported by diversified multinational corporations with distinct business units.

Metric ID: ko_segment_global_ventures_income_loss_before_income_taxes

Historical Data

14 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$78.00M$116.00M$89.00M$56.00M$48.00M$69.00M$23.00M$57.00M$78.00M$84.00M$119.00M$56.00M$94.00M$78.00M
QoQ Change+48.7%-23.3%-37.1%-14.3%+43.8%-66.7%+147.8%+36.8%+7.7%+41.7%-52.9%+67.9%-17.0%
YoY Change-38.5%-40.5%-74.2%+1.8%+62.5%+21.7%+417.4%-1.8%+20.5%-7.1%
Range$23.00M$119.00M
CAGR+0.0%
Avg YoY Growth+36.2%
Median YoY Growth+0.0%

Frequently Asked Questions

What is Coca-Cola's global ventures — income (loss) before income taxes?
Coca-Cola (KO) reported global ventures — income (loss) before income taxes of $78.00M in Q3 2024.
How has Coca-Cola's global ventures — income (loss) before income taxes changed year-over-year?
Coca-Cola's global ventures — income (loss) before income taxes decreased by 7.1% year-over-year, from $84.00M to $78.00M.
What is the long-term trend for Coca-Cola's global ventures — income (loss) before income taxes?
Over 2 years (2021 to 2023), Coca-Cola's global ventures — income (loss) before income taxes has grown at a 4.4% compound annual growth rate (CAGR), from $310.00M to $338.00M.
What does global ventures — income (loss) before income taxes mean?
The pre-tax profit or loss generated by the company's global ventures business segment.