Coca-Cola Consolidated, Inc. (COKE) Financial Ratios
30 years of historical data (1996–2025) · Consumer Defensive · Beverages - Non-Alcoholic
EV/EBITDA
↑
15.04
↑+50% vs avg
5yr avg: 10.05
30Y Low6.6·High13.5
P/FCF
↑
23.80
↑+23% vs avg
5yr avg: 19.39
30Y Low6.3·High108.6
P/B Ratio
↓
N/A
—
5yr avg: 6.65
30Y Low2.6·High63.1
ROE
↑
168.3%
↓+161% vs avg
5yr avg: 64.6%
30Y Low-4%·High168%
Debt/EBITDA
↑
2.57
↑+72% vs avg
5yr avg: 1.49
30Y Low0.7·High5.5
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
COKE Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Coca-Cola Consolidated, Inc. trades at 26.1x earnings, 26% above its 5-year average of 20.7x, sitting at the 52nd percentile of its historical range. Compared to the Consumer Defensive sector median P/E of 19.4x, the stock trades at a premium of 35%. On a free-cash-flow basis, the stock trades at 23.8x P/FCF, 23% above the 5-year average of 19.4x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $14.9B | $12.8B | $11.4B | $8.7B | $4.8B | $5.8B | $2.5B | $2.7B | $1.7B | $2.5B | $1.7B |
| Enterprise Value | $17.6B | $15.6B | $12.2B | $8.8B | $5.4B | $6.6B | $3.6B | $3.9B | $2.9B | $3.6B | $2.6B |
| P/E Ratio → | 26.08 | 22.51 | 18.03 | 21.34 | 11.21 | 30.65 | 14.55 | 142.05 | — | 20.90 | 33.38 |
| P/S Ratio | 2.06 | 1.78 | 1.65 | 1.31 | 0.78 | 1.05 | 0.50 | 0.55 | 0.36 | 0.58 | 0.53 |
| P/B Ratio | — | — | 8.05 | 6.07 | 4.32 | 8.18 | 4.89 | 5.93 | 3.64 | 5.44 | 4.61 |
| P/FCF | 23.80 | 20.57 | 22.57 | 16.50 | 21.39 | 15.90 | 8.58 | 22.48 | 54.13 | 19.03 | — |
| P/OCF | 15.87 | 13.71 | 13.02 | 10.76 | 8.69 | 11.16 | 5.08 | 9.21 | 9.82 | 8.11 | 10.32 |
P/E links to full P/E history page with 30-year chart
COKE EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Coca-Cola Consolidated, Inc.'s enterprise value stands at 15.0x EBITDA, 50% above its 5-year average of 10.1x. The Consumer Defensive sector median is 11.3x, placing the stock at a 33% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.15 | 1.76 | 1.33 | 0.87 | 1.19 | 0.72 | 0.80 | 0.62 | 0.84 | 0.83 |
| EV / EBITDA | 15.04 | 13.32 | 10.93 | 8.72 | 6.62 | 10.68 | 7.34 | 10.69 | 11.66 | 13.49 | 10.60 |
| EV / EBIT | 18.50 | 16.35 | 14.19 | 10.57 | 8.96 | 22.93 | 13.01 | 48.06 | 76.78 | 34.79 | 20.35 |
| EV / FCF | — | 24.92 | 24.10 | 16.69 | 23.87 | 18.08 | 12.36 | 32.40 | 93.25 | 27.81 | — |
COKE Profitability
Margins and return-on-capital ratios measuring operating efficiency
Coca-Cola Consolidated, Inc. earns an operating margin of 13.2%, above the Consumer Defensive sector average of 1.1%. Return on equity of 168.3% is exceptionally high, though this is partly amplified by negative book value driven by aggressive share buybacks — well above the sector median of 6.8%. ROIC of 34.2% represents excellent returns on invested capital versus a sector median of 5.5%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 39.7% | 39.7% | 39.9% | 39.1% | 36.7% | 35.1% | 35.3% | 34.6% | 33.6% | 34.8% | 37.7% |
| Operating Margin | 13.2% | 13.2% | 13.3% | 12.5% | 10.3% | 7.9% | 6.3% | 3.7% | 1.3% | 2.3% | 4.2% |
| Net Profit Margin | 7.9% | 7.9% | 9.2% | 6.1% | 6.9% | 3.4% | 3.4% | 0.4% | -0.4% | 2.2% | 1.6% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 168.3% | 168.3% | 44.4% | 32.0% | 47.1% | 31.0% | 35.8% | 4.1% | -4.4% | 23.5% | 14.6% |
| ROA | 11.5% | 11.5% | 13.2% | 10.2% | 12.0% | 5.7% | 5.4% | 0.6% | -0.7% | 3.5% | 2.3% |
| ROIC | 34.2% | 34.2% | 37.1% | 39.0% | 30.2% | 21.1% | 14.5% | 8.3% | 2.7% | 5.2% | 8.7% |
| ROCE | 25.4% | 25.4% | 25.6% | 27.8% | 23.7% | 16.9% | 12.3% | 7.4% | 2.4% | 4.6% | 7.5% |
COKE Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Coca-Cola Consolidated, Inc. carries a Debt/EBITDA ratio of 2.6x, which is moderately leveraged (25% below the sector average of 3.4x). Net debt stands at $2.7B ($3.0B total debt minus $282M cash). Interest coverage of 22.3x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | 1.35 | 0.51 | 0.68 | 1.32 | 2.26 | 2.64 | 2.66 | 2.55 | 2.69 |
| Debt / EBITDA | 2.57 | 2.57 | 1.71 | 0.73 | 0.93 | 1.51 | 2.35 | 3.30 | 4.95 | 4.32 | 3.94 |
| Net Debt / Equity | — | — | 0.54 | 0.07 | 0.50 | 1.12 | 2.15 | 2.62 | 2.63 | 2.51 | 2.63 |
| Net Debt / EBITDA | 2.33 | 2.33 | 0.69 | 0.10 | 0.69 | 1.28 | 2.24 | 3.27 | 4.89 | 4.26 | 3.85 |
| Debt / FCF | — | 4.35 | 1.53 | 0.19 | 2.47 | 2.18 | 3.78 | 9.92 | 39.12 | 8.78 | — |
| Interest Coverage | 22.32 | 22.32 | 464.56 | — | 24.20 | 8.63 | 7.56 | 1.74 | 0.74 | 2.50 | 3.55 |
COKE Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.26x means Coca-Cola Consolidated, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 1.56x to 1.26x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.26 | 1.26 | 1.94 | 1.56 | 1.38 | 1.29 | 1.32 | 1.33 | 1.33 | 1.24 | 1.30 |
| Quick Ratio | 0.97 | 0.97 | 1.69 | 1.27 | 0.99 | 0.93 | 0.97 | 0.97 | 0.98 | 0.96 | 0.98 |
| Cash Ratio | 0.25 | 0.25 | 1.09 | 0.58 | 0.22 | 0.17 | 0.08 | 0.02 | 0.02 | 0.03 | 0.05 |
| Asset Turnover | — | 1.56 | 1.30 | 1.55 | 1.67 | 1.61 | 1.55 | 1.54 | 1.54 | 1.41 | 1.29 |
| Inventory Turnover | 12.95 | 12.95 | 12.55 | 12.60 | 11.29 | 11.92 | 14.34 | 13.97 | 14.62 | 15.15 | 13.52 |
| Days Sales Outstanding | — | 35.33 | 36.16 | 36.17 | 35.69 | 35.86 | 35.73 | 40.05 | 40.23 | 44.68 | 34.34 |
COKE Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Coca-Cola Consolidated, Inc. returns 18.1% to shareholders annually — split between a 0.6% dividend yield and 17.5% buyback yield. The payout ratio of 15.2% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 3.8% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.6% | 0.7% | 1.6% | 0.5% | 0.2% | 0.2% | 0.4% | 0.4% | 0.6% | 0.4% | 0.6% |
| Payout Ratio | 15.2% | 15.2% | 29.3% | 11.5% | 2.2% | 4.9% | 5.4% | 50.5% | — | 9.7% | 18.6% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 3.8% | 4.4% | 5.5% | 4.7% | 8.9% | 3.3% | 6.9% | 0.7% | — | 4.8% | 3.0% |
| FCF Yield | 4.2% | 4.9% | 4.4% | 6.1% | 4.7% | 6.3% | 11.6% | 4.4% | 1.8% | 5.3% | — |
| Buyback Yield | 17.5% | 20.3% | 5.5% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 42.2% |
| Total Shareholder Yield | 18.1% | 21.0% | 7.1% | 0.5% | 0.2% | 0.2% | 0.4% | 0.4% | 0.6% | 0.4% | 42.8% |
| Shares Outstanding | — | $84M | $91M | $94M | $94M | $94M | $94M | $94M | $94M | $116M | $93M |
Peer Comparison
Compare COKE with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 COKEYou | $15B | 26.1 | 15.0 | 23.8 | 39.7% | 13.2% | 168.3% | 34.2% | 2.6 |
 PEP | $214B | 26.0 | 17.8 | 27.8 | 54.1% | 12.2% | 42.6% | 14.9% | 3.5 |
 KO | $338B | 25.8 | 25.2 | 63.7 | 61.6% | 28.7% | 43.2% | 15.8% | 3.1 |
 FIZZ | $3B | 17.7 | 12.4 | 19.3 | 37.0% | 19.6% | 37.2% | 57.9% | 0.3 |
 CELH | $9B | 137.0 | 18.2 | 27.2 | 50.4% | 18.6% | 5.2% | 19.7% | 1.3 |
 MNST | $74B | 39.2 | 28.5 | 37.8 | 55.8% | 29.2% | 26.8% | 33.1% | — |
 CCEP | $42B | 19.5 | 13.3 | 18.3 | 34.9% | 12.9% | 21.6% | 10.4% | 3.2 |
 KDP | $39B | 18.6 | 12.2 | 25.7 | 52.4% | 22.0% | 8.4% | 6.7% | 3.7 |
 CCK | $11B | 15.8 | 8.0 | 10.3 | 18.3% | 13.2% | 21.9% | 14.1% | 3.0 |
 SEE | $6B | 12.3 | 14.3 | 13.5 | 29.8% | 13.5% | 54.3% | 11.2% | 5.9 |
 SYY | $35B | 19.5 | 11.6 | 19.6 | 18.4% | 3.8% | 97.5% | 15.7% | 3.5 |
| Consumer Defensive Median | — | 19.4 | 11.3 | 15.0 | 40.1% | 1.1% | 6.8% | 5.5% | 3.4 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
Full COKE Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
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Start ComparisonCOKE — Frequently Asked Questions
Quick answers to the most common questions about buying COKE stock.
What is Coca-Cola Consolidated, Inc.'s P/E ratio?
Coca-Cola Consolidated, Inc.'s current P/E ratio is 26.1x. The historical average is 33.3x. This places it at the 52th percentile of its historical range.
What is Coca-Cola Consolidated, Inc.'s EV/EBITDA?
Coca-Cola Consolidated, Inc.'s current EV/EBITDA is 15.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 9.0x.
What is Coca-Cola Consolidated, Inc.'s ROE?
Coca-Cola Consolidated, Inc.'s return on equity (ROE) is 168.3%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 33.8%.
Is COKE stock overvalued?
Based on historical data, Coca-Cola Consolidated, Inc. is trading at a P/E of 26.1x. This is at the 52th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Coca-Cola Consolidated, Inc.'s dividend yield?
Coca-Cola Consolidated, Inc.'s current dividend yield is 0.58% with a payout ratio of 15.2%.
What are Coca-Cola Consolidated, Inc.'s profit margins?
Coca-Cola Consolidated, Inc. has 39.7% gross margin and 13.2% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Coca-Cola Consolidated, Inc. have?
Coca-Cola Consolidated, Inc.'s Debt/EBITDA ratio is 2.6x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.