Skip to content
OpenCapital
Get started

Coca-Cola KO Q4 2024 Annual earnings

Reported February 11, 2025 · Before market open

Revenue$11.5BBeat by $861.9MDiluted EPS$0.55Beat by $0.03
Revenue estimate$10.7B
EPS estimate$0.52

Next report

Jul 28, 2026 (In 2 weeks)
Revenue estimate$13.2B
EPS estimate$0.92

Financials

Q4 2024

Income statement

See full
Revenue$11.5B+6.4%
Gross profit$6.9B+11.5%
Operating income$2.7B+19.2%
Net income$2.2B+11.3%
EPS (diluted)$0.51+10.9%

Balance sheet

See full
Cash & equivalents$11.5B+18.5%
Total debt$44.9B+9.9%
Total equity$24.9B-4.2%
Total assets$100.55B+2.9%

Cash flow

See full
Operating cash flow$4.0B+48.0%
CapEx$803.0M-5.6%
Free cash flow$3.1B+73.1%

Valuation & ratios

Valuation

as of 12/31/24
See full
Market cap$268.2B+5.4%
Enterprise value$301.6B+5.6%
P/E25.2×+1.5×
P/S5.7×+0.1×

Profitability

See full
Gross margin61.1%+1.5pp
Operating margin21.2%-3.5pp
Net margin22.6%-0.8pp

Returns & leverage

See full
Return on equity41.9%-1.0pp
Debt / equity1.8×+0.2×
Current ratio1×-0.1×

Segments

By segment

See full
North America$4.7B+11.6%
EMEA$2.6B-42.2%
Latin America$1.6B+10.1%
Bottling investments$1.6B-23.0%

By product

See full
Concentrate operations$6.5B+9.7%
Finished product operations$5.0B+2.5%

Versus estimates

Revenue

Q2 2026$12.5BBeat by $234.8MQ4 2025$11.8BMiss by $249.7MQ1 2025$11.1BMiss by $29.3M
Q4 2024$11.5BBeat by $861.9M
Q3 2024$11.9BBeat by $243.8MQ1 2024$11.3BBeat by $292.6M

Diluted EPS

Q2 2026$0.86Beat by $0.05Q4 2025$0.58Beat by $0.02Q1 2025$0.73Beat by $0.02
Q4 2024$0.55Beat by $0.03
Q3 2024$0.77Beat by $0.03Q1 2024$0.72Beat by $0.02

Ask the moment Coca-Cola reports.

Connect your AI and ask the moment the filing drops. It reads the release, surfaces what management said, and gives you its own read.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

When did Coca-Cola report Q4 2024 earnings?
Coca-Cola (KO) reported Q4 2024 earnings on February 11, 2025 before market open.
What were Coca-Cola's Q4 2024 revenue and EPS?
Coca-Cola reported revenue of $11.5B and diluted EPS of $0.55 for Q4 2024.
Did Coca-Cola beat estimates in Q4 2024?
Revenue beat the consensus estimate of $10.7B by $861.9M. EPS beat the consensus estimate of $0.52 by $0.03.
Where can I find Coca-Cola's Q4 2024 SEC filings?
You can read the 8-K earnings release (0000021344-25-000005) and the 10-K periodic report (0000021344-25-000011) directly on SEC EDGAR. The filing index links above go to sec.gov.