Coca-Cola Consolidated (COKE)
Consumer Staples · Nonalcoholic beverage bottling and distribution
The largest independent Coca-Cola bottler in the United States, distributing the world's most iconic beverage brands across 14 states while investing in manufacturing capacity and modern distribution infrastructure.
What Coca-Cola Consolidated does
Coca-Cola Consolidated is the largest Coca-Cola bottler in the United States, distributing, manufacturing, and marketing nonalcoholic beverages across 14 states and the District of Columbia. The company sources approximately 85% of bottle/can sales volume from The Coca-Cola Company's brands and also distributes products from Monster Energy Company and Keurig Dr Pepper. Revenue is divided between bottle/can sales (the primary business) and other sales including post-mix products, sales to other bottlers, transportation, and equipment maintenance.
Themes: ["Coca-Cola bottling / distribution","nonalcoholic beverage manufacturing","sparkling beverages","sports drinks and energy drinks","bottled water and premium beverages","regional beverage distribution (multi-state)"]
Fundamentals
- Price$175.50 as of 2026-07-09 close
- Market cap$11.6B as of 2026-07-10
- 1-year return+54.9% as of 2026-07-09 close
- P/E20.10 as of 2026-07-10
- Net margin+7.7% as of 2026-07-10
- Gross margin+39.7% as of 2026-07-10
- ROE+39.6% as of 2026-07-10
- Debt / equity1.09 as of 2026-07-10
- Revenue growth (YoY)+8.8% as of 2026-07-10
- Revenue CAGR (3y)+5.2% SEC XBRL
- Beta0.56 as of 2026-07-10
Dividend: yield +0.6%; 4-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Heavy dependence on The Coca-Cola Company, which supplies ~85% of bottle/can sales; significant debt load of $2.6 billion limits financial flexibility","The CBA and RMA with The Coca-Cola Company contain restrictive covenants, minimum capital expenditure requirements, minimum volume requirements, and give The Coca-Cola Company approval rights over sale of the company or distribution business","Exposure to commodity price fluctuations for raw materials (aluminum, plastic, sugar/sweeteners) and transportation costs in a price-competitive beverage distribution market"]
Competitors & peers
- Monster Beverage Corporation
- Red Bull (private; no public ticker)
- PepsiCo (PEP)
- Keurig Dr Pepper (KDP)
- Regional independent bottlers (various private entities)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.