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Coca-Cola KO Bottling investments — Selling, general and administrative expenses

Other segment segments

EMEA
$1.12B+17.5%
North America
$1.05B+4.5%
Latin America
$387M+15.2%

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UVVIngredients Operations — Selling, general and administrative expenses
$10.26M-15.1%
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TRSPackaging — Selling, General and Administrative Expense
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PEPInternational Beverage Franchise — Segment selling, general and administrative expenses
$403M-4.6%
Coca-Cola Consolidated, Inc. logo
COKENonalcoholic Beverages — Selling, General and Administrative Expense
$478.23M+12.0%

Other financials

Income statement

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Revenue$13.4B+6.7%
Gross profit$8.4B+7.6%
Operating income$4.7B+9.2%
Net income$4.4B+16.1%
EPS (diluted)$1.03+17.0%

Balance sheet

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Cash & equivalents$13.2B+29.4%
Total debt$50.0B+1.8%
Total equity$36.2B+26.5%
Total assets$107.92B+3.4%

Cash flow

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Operating cash flow$5.5B+44.9%
CapEx$418.0M-5.4%
Free cash flow$5.1B+51.5%

Valuation

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Market cap$380.73B+30.3%
Enterprise value$417.51B+26.1%
P/E26.6×+2.6×
P/S7.6×+1.4×

Profitability

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Gross margin61.9%+0.5pp
Operating margin29.6%+1.7pp
Net margin28.6%+2.7pp
FCF margin28.5%

Returns & leverage

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Return on equity44.2%-0.5pp
Debt / equity1.4×-0.3×
Current ratio1.3×+0.1×

Where this comes from

Reported directly by Coca-Cola in its filing.

Tagged under the XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense.

The official record: Coca-Cola’s 10-Q, filed July 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Coca-Cola's bottling investments — selling, general and administrative expenses?
Coca-Cola (KO) reported bottling investments — selling, general and administrative expenses of $369M in Q2 2026.
How has Coca-Cola's bottling investments — selling, general and administrative expenses changed year-over-year?
Coca-Cola's bottling investments — selling, general and administrative expenses increased by 10.5% year-over-year, from $334M to $369M.
What is the long-term trend for Coca-Cola's bottling investments — selling, general and administrative expenses?
Over 3 years (2022 to 2025), Coca-Cola's bottling investments — selling, general and administrative expenses has grown at a -7.9% compound annual growth rate (CAGR), from $1.74B to $1.36B.
What does bottling investments — selling, general and administrative expenses mean?
Operating expenses incurred by the bottling segment that are not directly tied to production, including marketing, sales force costs, and administrative overhead. This reflects the cost of maintaining the segment's market presence and operational infrastructure.