COKE financial statements

The full income statement, balance sheet, and cash-flow statement for Coca-Cola Consolidated Inc. (COKE), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2025-06 86.9M2025-09 85.4M2025-12 66.6M2026-04 66.6M2026-07 66.6M-23.4% over 4 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	7.23B YoY+4.8%	6.90B YoY+3.7%	6.65B YoY+7.3%	6.20B YoY+11.5%	5.56B YoY+11.1%
	2.87B YoY+4.3%	2.75B YoY+5.9%	2.60B YoY+14.1%	2.28B YoY+16.6%	1.95B YoY+10.5%
Cost of revenue	4.36B YoY+5.0%	4.15B YoY+2.3%	4.06B YoY+3.4%	3.92B YoY+8.7%	3.61B YoY+11.4%
Selling, general & administrative	1.92B YoY+4.8%	1.83B YoY+3.9%	1.76B YoY+7.8%	1.64B YoY+8.0%	1.52B YoY+4.1%
Operating income	951M YoY+3.3%	920M YoY+10.3%	834M YoY+30.2%	641M YoY+46.0%	439M YoY+40.1%
Interest expense	—	—	-918K YoY-103.7%	24.8M YoY-25.9%	33.4M YoY-8.9%
Other non-operating income	-3.16M YoY-17.8%	-2.68M YoY+53.3%	-5.74M YoY+35.3%	-8.87M YoY-107.9%	-4.26M YoY+88.0%
Pre-tax income	773M YoY-9.8%	857M YoY+53.7%	557M YoY-3.1%	575M YoY+125.4%	255M YoY+5.9%
Income tax	202M YoY-9.5%	224M YoY+49.9%	149M YoY+2.9%	145M YoY+121.0%	65.6M YoY+11.2%
	571M YoY-9.9%	633M YoY+55.0%	408M YoY-5.1%	430M YoY+126.9%	190M YoY+9.9%
Net income to non-controlling interest	—	—	—	0.00	0.00 YoY-100.0%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	1.43B YoY-44.0%	2.55B YoY+49.4%	1.71B YoY+36.9%	1.25B YoY+15.7%	1.08B YoY+26.5%
Cash & equivalents	282M YoY-75.2%	1.14B YoY+78.8%	635M YoY+221.4%	198M YoY+38.9%	142M YoY+159.7%
Short-term investments	—	—	0.00	—	—
Inventory	336M YoY+1.8%	330M YoY+2.6%	322M YoY-7.4%	348M YoY+14.8%	303M YoY+34.1%
Prepaid expenses	109M YoY+12.8%	96.3M YoY+8.7%	88.6M YoY-6.0%	94.3M YoY+20.7%	78.1M YoY+5.3%
	4.30B YoY-19.0%	5.31B YoY+23.9%	4.29B YoY+15.6%	3.71B YoY+7.7%	3.45B YoY+6.9%
Property, plant & equipment	1.60B YoY+6.6%	1.51B YoY+14.0%	1.32B YoY+11.6%	1.18B YoY+14.8%	1.03B YoY+0.8%
Operating lease right-of-use	117M YoY+3.8%	112M YoY-8.4%	123M YoY-12.7%	141M YoY+0.5%	140M YoY+4.1%
Goodwill	166M YoY+0.0%	166M YoY+0.0%	166M YoY+0.0%	166M YoY+0.0%	166M YoY+0.0%
Other non-current assets	216M YoY+19.5%	181M YoY+24.7%	145M YoY+25.3%	116M YoY-3.8%	120M YoY+7.8%
	1.13B YoY-14.1%	1.31B YoY+20.3%	1.09B YoY+20.6%	905M YoY+8.4%	835M YoY+29.0%
Accounts payable	—	—	—	352M YoY+10.2%	319M YoY+46.8%
Accrued liabilities	307M YoY+24.5%	247M YoY+3.7%	238M YoY+18.4%	201M YoY-11.4%	227M YoY+10.5%
Short-term & current debt	100M YoY-71.4%	350M	0.00	—	0.00
Current lease liability	24.4M YoY+5.0%	23.3M YoY-11.2%	26.2M YoY-5.2%	27.6M YoY+25.3%	22.0M YoY+11.5%
Finance lease liability (current)	556K YoY-79.3%	2.69M YoY+8.0%	2.49M YoY+8.0%	2.30M YoY-62.0%	6.06M YoY+3.4%
	5.04B YoY+29.4%	3.90B YoY+36.5%	2.85B YoY+10.0%	2.59B YoY-5.1%	2.73B YoY+0.9%
Long-term debt	2.69B YoY+87.0%	1.44B YoY+139.8%	599M YoY+0.1%	599M YoY-17.2%	723M YoY-23.1%
Non-current lease liability	95.1M YoY+2.9%	92.4M YoY-9.7%	102M YoY-13.9%	119M YoY-2.7%	122M YoY+1.8%
Operating lease liability (total)	119M YoY+3.3%	116M YoY-10.0%	128M YoY-12.2%	146M YoY+1.6%	144M YoY+3.2%
Finance lease liability (total)	1.74M YoY-65.3%	5.03M YoY-33.1%	7.52M YoY-23.4%	9.82M YoY-86.2%	71.1M YoY-6.3%
Finance lease liability	1.19M YoY-49.4%	2.35M YoY-53.4%	5.03M YoY-33.1%	7.52M YoY-88.4%	65.0M YoY-7.1%
Deferred tax liabilities	144M YoY+8.1%	133M YoY+3.5%	128M YoY-14.5%	150M YoY+10.1%	136M YoY-2.1%
Other non-current liabilities	919M YoY+6.9%	860M YoY-0.8%	866M YoY+15.0%	753M YoY-0.7%	759M YoY+11.7%
	-740M YoY-152.2%	1.42B YoY-1.3%	1.44B YoY+28.7%	1.12B YoY+56.7%	712M YoY+38.8%
Additional paid-in capital	23.8M YoY+0.0%	23.8M YoY-82.5%	136M YoY+0.0%	136M YoY+0.0%	136M YoY+0.0%
Retained earnings	-824M YoY-159.1%	1.40B YoY+3.2%	1.35B YoY+21.5%	1.11B YoY+53.6%	724M YoY+33.1%
Accumulated other comprehensive income	-6.00M YoY-418.6%	1.89M YoY+144.1%	-4.28M YoY+95.0%	-84.8M YoY+15.6%	-100M YoY+15.6%
Total equity incl. non-controlling	—	—	—	1.12B YoY+56.7%	712M YoY+38.8%
Total liabilities & equity	4.30B YoY-19.0%	5.31B YoY+23.9%	4.29B YoY+15.6%	3.71B YoY+7.7%	3.45B YoY+6.9%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	932M YoY+6.3%	876M YoY+8.1%	811M YoY+46.2%	555M YoY+6.3%	522M YoY+5.5%
Depreciation & amortization	195M YoY+14.5%	170M YoY+11.0%	153M YoY-10.6%	172M YoY-5.0%	181M YoY+0.9%
Share-based compensation	—	—	—	—	0.00
Deferred income taxes	13.7M YoY+441.9%	2.53M YoY+105.2%	-49.0M YoY-646.1%	8.98M YoY+197.8%	-9.18M YoY-205.1%
Change in receivables	18.1M YoY+54.6%	11.7M YoY-50.9%	23.9M YoY-60.0%	59.8M YoY+27.7%	46.8M YoY+677.6%
Change in inventory	6.01M YoY-29.0%	8.46M YoY+133.0%	-25.6M YoY-157.3%	44.7M YoY-42.0%	77.1M YoY+45717.8%
Other operating activities	—	—	—	0.00 YoY+100.0%	-23.0K YoY-102.2%
	-19.0M YoY+97.2%	-682M YoY-131.0%	-295M YoY+9.1%	-325M YoY-100.7%	-162M YoY+19.2%
Capital expenditure	312M YoY-15.8%	371M YoY+31.4%	282M YoY-5.5%	299M YoY+91.8%	156M YoY-22.9%
Free cash flow	620M YoY+22.6%	505M YoY-4.4%	528M YoY+106.5%	256M YoY-30.1%	366M YoY+25.2%
Acquisitions	0.00	0.00	0.00	0.00	0.00
Proceeds from sale of PP&E	6.59M YoY+1058.9%	569K YoY-18.1%	695K YoY-90.6%	7.37M YoY+39.7%	5.27M YoY+55.8%
	-1.77B YoY-676.6%	306M YoY+494.2%	-77.7M YoY+55.4%	-174M YoY+36.0%	-272M YoY-9.4%
Long-term debt issued	0.00	0.00	0.00	0.00	0.00
Long-term debt repaid	0.00	0.00	0.00	0.00	0.00
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	2.61B YoY+316.5%	626M	0.00	0.00	0.00
Dividends paid	86.7M YoY-53.3%	186M YoY+296.1%	46.9M YoY+400.0%	9.37M YoY+0.0%	9.37M YoY+0.0%
Net change in cash	-854M YoY-270.6%	501M YoY+14.4%	438M YoY+690.9%	55.3M YoY-36.8%	87.5M YoY+93.7%
Interest paid	92.8M YoY+65.5%	56.1M YoY+134.1%	24.0M YoY-14.7%	28.1M YoY-3.6%	29.1M YoY-14.9%
Income taxes paid	197M YoY-12.2%	224M YoY+11.5%	201M YoY+42.4%	141M YoY+98.6%	71.0M YoY+27.3%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	10.6B	—	—	—	—
P/E	18.6× YoY-98.2%	1041.3× YoY+35.7%	767.3× YoY+81.2%	423.4× YoY-17.3%	511.7× YoY+132.5%
P/S	1.5×	—	—	—	—
P/FCF	17.1×	—	—	—	—
	5.4% YoY+5499.3%	0.10% YoY-26.3%	0.13% YoY-44.8%	0.24% YoY+20.9%	0.20% YoY-57.0%
	5.8%	—	—	—	—
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: COKE's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all COKE filings on SEC EDGAR → Not investment advice.