(COKE) Coca-Cola Consolidated - Overview

Sector: Consumer Defensive | Industry: Beverages - Non-Alcoholic | Exchange: NASDAQ (USA) | Market Cap: 11.540m USD | Total Return: 56.4% in 12m

Sparkling Beverages, Bottled Water, Energy Drinks, Juices, Fountain Syrups
Total Rating 70
Safety 68
Buy Signal 0.22
Beverages - Non-Alcoholic
Industry Rotation: +14.1
Market Cap: 11.5B
Avg Turnover: 109M
Risk 3d forecast
Volatility30.9%
VaR 5th Pctl5.16%
VaR vs Median1.33%
Reward TTM
Sharpe Ratio1.36
Rel. Str. IBD70.3
Rel. Str. Peer Group77.3
Character TTM
Beta-0.328
Beta Downside-0.622
Hurst Exponent0.584
Drawdowns 3y
Max DD27.38%
CAGR/Max DD1.47
CAGR/Mean DD4.66
EPS (Earnings per Share) EPS (Earnings per Share) of COKE over the last years for every Quarter: "2021-03": 6.54, "2021-06": 8.8, "2021-09": 10.09, "2021-12": 6.76, "2022-03": 8.42, "2022-06": 11.97, "2022-09": 11.37, "2022-12": 12.61, "2023-03": 12.57, "2023-06": 18.43, "2023-09": 17.53, "2023-12": 7.2926, "2024-03": 15.929, "2024-06": 16.713, "2024-09": 11.8128, "2024-12": 18.3405, "2025-03": 10.6388, "2025-06": 2.15, "2025-09": 2.06, "2025-12": 1.8305, "2026-03": 1.4539,
EPS CAGR: -41.77%
EPS Trend: -74.7%
Qual. Beats: 0
Revenue Revenue of COKE over the last years for every Quarter: 2021-03: 1269.857, 2021-06: 1433.086, 2021-09: 1457.432, 2021-12: 1402.339, 2022-03: 1404.358, 2022-06: 1595.215, 2022-09: 1628.589, 2022-12: 1572.795, 2023-03: 1571.642, 2023-06: 1738.832, 2023-09: 1712.428, 2023-12: 1630.956, 2024-03: 1591.626, 2024-06: 1795.943, 2024-09: 1765.652, 2024-12: 1746.495, 2025-03: 1579.977, 2025-06: 1855.519, 2025-09: 1888.317, 2025-12: 1904.242, 2026-03: 1846.668,
Rev. CAGR: 4.41%
Rev. Trend: 95.8%
Qual. Beats: 0

Warnings

Below Avwap Earnings

Tailwinds

No distinct edge detected

Description: COKE Coca-Cola Consolidated

Coca-Cola Consolidated, Inc. is the largest independent Coca-Cola bottler in the United States, specializing in the manufacturing, marketing, and distribution of a diverse nonalcoholic beverage portfolio. Its product lineup includes carbonated soft drinks, bottled water, energy drinks, and ready-to-drink coffee and tea. Beyond the Coca-Cola brand, the company maintains distribution agreements for other major labels such as Dr Pepper and Monster Energy.

The company operates within the consumer staples sector, utilizing a capital-intensive business model that relies on exclusive territorial franchise rights to manage large-scale production and logistics. Unlike the primary brand owner, which focuses on global marketing and concentrate production, bottlers like Coca-Cola Consolidated manage the physical supply chain and direct-to-store delivery infrastructure. This model requires extensive coordination with a variety of retail channels, ranging from mass merchandisers and grocery stores to schools and vending outlets.

Investors can evaluate the company’s long-term margin trends and valuation metrics on ValueRay. Founded in 1902 and headquartered in Charlotte, North Carolina, the firm serves as a critical link in the domestic beverage supply chain by providing both packaged goods and post-mix fountain syrups to the commercial market.

Headlines to Watch Out For
  • Raw material and fuel costs fluctuate impacting overall gross profit margins
  • Volume growth in energy and sports drinks offsets stagnant sparkling beverage demand
  • Regional consumer spending power in the Southeast US dictates total sales volume
  • Exclusive bottling agreements with The Coca-Cola Company secure long-term market dominance
  • Interest rate shifts influence debt servicing costs for capital intensive distribution logistics
Piotroski VR-10 (Strict) 9.5
Net Income: 578.5m TTM > 0 and > 6% of Revenue
FCF/TA: 0.15 > 0.02 and ΔFCF/TA 6.03 > 1.0
NWC/Revenue: 3.81% < 20% (prev 19.21%; Δ -15.40% < -1%)
CFO/TA 0.21 > 3% & CFO 939.7m > Net Income 578.5m
Net Debt (2.64b) to EBITDA (1.22b): 2.15 < 3
Current Ratio: 1.23 > 1.5 & < 3
Outstanding Shares: last quarter (66.6m) vs 12m ago -23.65% < -2%
Gross Margin: 39.30% > 18% (prev 0.40%; Δ 3.89k% > 0.5%)
Asset Turnover: 153.0% > 50% (prev 127.5%; Δ 25.54% > 0%)
Interest Coverage Ratio: 14.76 > 6 (EBITDA TTM 1.22b / Interest Expense TTM 67.9m)
Altman Z'' 1.12
A: 0.06 (Total Current Assets 1.50b - Total Current Liabilities 1.22b) / Total Assets 4.39b
B: -0.17 (Retained Earnings -729.1m / Total Assets 4.39b)
C: 0.20 (EBIT TTM 1.00b / Avg Total Assets 4.90b)
D: -0.13 (Book Value of Equity -667.2m / Total Liabilities 5.04b)
Altman-Z'' = 1.12 = BB
Beneish M -2.88
DSRI: 1.02 (Receivables 756.9m/685.1m, Revenue 7.49b/6.89b)
GMI: 1.01 (GM 39.30% / 39.77%)
AQI: 1.24 (AQ_t 0.26 / AQ_t-1 0.21)
SGI: 1.09 (Revenue 7.49b / 6.89b)
TATA: -0.08 (NI 578.5m - CFO 939.7m) / TA 4.39b)
Beneish M = -2.88 (Cap -4..+1) = A
What is the price of COKE shares?

As of May 24, 2026, the stock is trading at USD 176.34 with a total of 481,248 shares traded.
Over the past week, the price has changed by +3.09%, over one month by -6.16%, over three months by -5.15% and over the past year by +56.42%.

Is COKE a buy, sell or hold?

Coca-Cola Consolidated has no consensus analysts rating.

What are the forecasts/targets for the COKE price?
Analysts Target Price 1440 716.6%
Coca-Cola Consolidated (COKE) - Fundamental Data Overview as of 21 May 2026
P/E Trailing = 23.7479
P/E Forward = 17.4216
P/S = 1.5397
P/B = 8.2416
P/EG = 3.039
Revenue TTM = 7.49b USD
EBIT TTM = 1.00b USD
EBITDA TTM = 1.22b USD
Long Term Debt = 2.54b USD (from longTermDebt, last quarter)
Short Term Debt = 124.6m USD (from shortTermDebt, last quarter)
Debt = 2.87b USD (from shortLongTermDebtTotal, last quarter) + Leases 115.7m
Net Debt = 2.64b USD (calculated: Debt 2.87b - CCE 232.9m)
Enterprise Value = 14.2b USD (11.5b + Debt 2.87b - CCE 232.9m)
Interest Coverage Ratio = 14.76 (Ebit TTM 1.00b / Interest Expense TTM 67.9m)
EV/FCF = 21.41x (Enterprise Value 14.2b / FCF TTM 662.1m)
FCF Yield = 4.67% (FCF TTM 662.1m / Enterprise Value 14.2b)
FCF Margin = 8.83% (FCF TTM 662.1m / Revenue TTM 7.49b)
Net Margin = 7.72% (Net Income TTM 578.5m / Revenue TTM 7.49b)
Gross Margin = 39.30% ((Revenue TTM 7.49b - Cost of Revenue TTM 4.55b) / Revenue TTM)
Gross Margin QoQ = 39.37% (prev 38.21%)
Tobins Q-Ratio = 3.23 (Enterprise Value 14.2b / Total Assets 4.39b)
Interest Expense / Debt = 2.37% (Interest Expense 67.9m / Debt 2.87b)
Taxrate = 26.23% (39.7m / 151.2m)
NOPAT = 739.0m (EBIT 1.00b * (1 - 26.23%))
Current Ratio = 1.23 (Total Current Assets 1.50b / Total Current Liabilities 1.22b)
 Debt / Equity = -4.46 (negative equity) (Debt 2.87b / totalStockholderEquity, last quarter -643.5m)
 Debt / EBITDA = 2.15 (Net Debt 2.64b / EBITDA 1.22b)
Debt / FCF = 3.98 (Net Debt 2.64b / FCF TTM 662.1m)
Total Stockholder Equity = 470.7m (last 4 quarters mean from totalStockholderEquity)
RoA = 11.81% (Net Income 578.5m / Total Assets 4.39b)
RoE = 48.22% (Net Income TTM 578.5m / Total Stockholder Equity 1.20b)
RoCE = 26.81% (EBIT 1.00b / Capital Employed (Equity 1.20b + L.T.Debt 2.54b))
RoIC = 22.98% (NOPAT 739.0m / Invested Capital 3.22b)
WACC = 4.22% (E(11.5b)/V(14.4b) * Re(4.83%) + D(2.87b)/V(14.4b) * Rd(2.37%) * (1-Tc(0.26)))
Discount Rate = 4.83% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -91.11 | Cagr: -14.12%
[DCF] Terminal Value 77.97% ; FCFF base≈592.6m ; Y1≈679.4m ; Y5≈999.8m
[DCF] Fair Price = 219.6 (EV 15.0b - Net Debt 2.64b = Equity 12.4b / Shares 56.5m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -74.69 | EPS CAGR: -41.77% | SUE: N/A | # QB: 0
Revenue Correlation: 95.80 | Revenue CAGR: 4.41% | SUE: N/A | # QB: 0