Coca Cola Net Worth, Market Cap and Financial Statements 2024

Coca-Cola net worth is around $270.64 billion as of 2024. Coca Cola is a gigantic multi-millionaire company that has its roots in every part

CA Ridhi Dhoot

Coca Cola’s net worth is estimated to be $270.64 billion. Coca-Cola is a very famous multinational beverage company in America. As you can conclude from its name, it is made up of tea leaves and Kola nuts, a great caffeine source. They originally started making pills of soda for medicinal purposes, but later, they began selling it in liquid form.

As the company’s popularity increased, they started making it in carbonated drink form. John Stith Pemberton is the founder of the company. He founded the company in the late 19th century.

Initially, it wasn’t that popular, but nowadays, the company is one of the biggest beverage companies in the world. The company sells its products all around the world, and it also sells a variety of drinks now. They became a lot more versatile over time. Must Check Mike Lindell’s Net Worth.

What is Coca Cola Net Worth?

Coca-Cola’s net worth is around $270.64 billion as of 2024. Coca-Cola is a gigantic multi-millionaire company that has its roots in every part of the world. The company has even sponsored some of the biggest tournaments and sports championships like FIFA World Cup 2010, NASCAR, PGA tour, and many more. Coca-Cola doesn’t only sell cola these days, but it also sells a variety of drinks and juices. As a whole, Coca-Cola has an estimated net worth of $245 billion.

Net Worth 2024$270.64 billion
Net Worth in RupeesRs. 21.50 Lakh Crore
Revenue$46.366 billion
Operating income$10.931 billion
Net Income$10.409 billion
Total Assets$106.266 billion
Total Equity$24.436 billion
CEOJames Quincey (1 May 2017–)
FounderAsa Griggs Candler
Number of Employees91000+
Top BrandsCocaCola.
Thumbs Up.
Sprite.
Aquarius Glucocharge.
SmartWater.
Minute Maid Nutriforce Apple.
Minute Maid Vita Punch.
FoundedDate:29 January 1892,Atlanta, Georgia, United States
Coca Cola Production

Coca Cola Revenue 2024

  • CocaCola revenue for the quarter ending September 30, 2024 was $11.854 Billion.
  • CocaCola revenue for the twelve months ending September 30, 2024 was $46.366 Billion.
  • Coca Cola annual revenue for 2023 was $45.754 Billion.
  • Coca Cola annual revenue for 2022 was $43.004 Billion.
  • Coca Cola annual revenue for 2021 was $38.655 Billion.
  • Coca Cola annual revenue for 2020 was $33.014 Billion.
  • Coca Cola annual revenue for 2019 was $37.266 Billion.
YearRevenue (Millions of US $)
2023$44,140
2022$42,343
2021$38,655
2020$33,014
2019$37,266
2018$34,300
2017$36,212
2016$41,863
2015$44,294
2014$45,998

Coca-Cola Organization Structure

LevelTitleName
1Board of DirectorsJames B. Quincey (Chair), Muhtar Kent, John Murphy, Thomas Gayner, Henrique Braun, Luisa Ortega, Gilles Leclerc, Manuel Arroyo, Lisa Chang, Beatriz Perez, Mark Rahiya, Nancy Quan, Neeraj Tolmare, Monica Howard Douglas, Amity Millhiser
2CEOJames B. Quincey
3President and CFOJohn Murphy
4President, International DevelopmentHenrique Braun
4President, Africa Operating UnitLuisa Ortega
4President, Greater China and MongoliaGilles Leclerc
5Global Chief Marketing OfficerManuel Arroyo
5SVP and Chief People OfficerLisa Chang
5SVP and Chief Communications, Sustainability and Strategic Partnerships OfficerBeatriz Perez
5Chief Supply Chain and Innovation OfficerMark Rahiya
5SVP and Chief Technical and Innovation OfficerNancy Quan
5Global CIONeeraj Tolmare
5SVP and General CounselMonica Howard Douglas

Regional Divisions

  • North America Operating Unit
  • Latin America Operating Unit
  • Europe, Middle East, and Africa Operating Unit
  • Asia Pacific Operating Unit

Functional Divisions

  • Bottling Investments Group
  • Coca-Cola Global Ventures
  • Coca-Cola HBC
  • Coca-Cola FEMSA
  • Arca Continental

This is just a simplified overview of Coca-Cola’s organizational structure. The company has a complex and dynamic structure that constantly evolves to meet the changing needs of the business. You may also like James L. Dolan’s Net Worth.

Inception

Coca-Cola came into existence in the late 19th century. John Stith Pemberton founded the company. He initially planned to use cola as a medicinal substance, which helps the digestion of food. It was a soda. John Stith Pemberton created a syrup, and after mixing it with water, the final material was Coca-Cola. In the beginning, Coca-Cola was not that popular, and few people were impressed. Unfortunately, John Stith Pemberton died, but before his death, he had given the shares of his company to various businessmen.

One of the businessmen to whom he sold most of his shares was Asa G. Candler. Candler became the main man who led the company to great heights. They started selling it in a soda fountain outside Atlanta. The company was growing exponentially and to deal with the demands of the public, they decided to sell the bottled beverage.

Joseph Biedenharn became the first person to sell the Coca-Cola unit in bottles. They also acquired a bottler manufacturing right and soon started their bottle manufacturing firm. As the popularity was skyrocketing, they began rolling bottles in various sizes and with very unique designs.

In 1970, Coca-Cola launched its first advertisement on television. After the successful introduction and beginning, the advertisements had given them great success.

Coca Cola Company

CocaCola Assets 2024

  • CocaCola total assets for the quarter ending September 30, 2024 were $106.266 Billion.
  • Coca Cola total assets for 2023 were $97.703 Billion.
  • Coca Cola total assets for 2022 were $92.763 Billion.
  • Coca Cola total assets for 2021 were $94.354 Billion.
  • Coca Cola total assets for 2020 were $87.296 Billion.
  • Coca Cola total assets for 2019 were $86.381 Billion.
YearAssets (Millions of US $)
2023$97,703
2022$92,471
2021$94,354
2020$87,296
2019$86,381
2018$83,216
2017$87,896
2016$87,270
2015$89,996
2014$92,023
2013$90,055

Evolution

Since its inception in the late 19th century, Coca-Cola has been one of the highest-selling carbonated beverage drinks in the world. It has no competitors in the market. After the company’s success, it started acquiring different companies under its name. They first bought the company named Minute Maid. The addition of Minute Maid was quite a big success. The popularity and success increased significantly after its addition.

After a few decades of debate and discussion, Coca-Cola finally merged with the Indian beverage company Thumbs Up. It is a massive success, and nowadays, in India, Thumbs Up is the most successful beverage. They also bought a company named Bart’s. Barq’s is a non-alcoholic beverage company.

Adding the Odwalla brand to Coca-Cola was considered one of the biggest deals. They sell every kind of beverage, like smoothies, fruit juice, bars, and many more. Coca-Cola has also acquired a few other drinks and tea manufacturing companies.

Coca Cola Net Income 2024

  • CocaCola net income for the quarter ending September 30, 2024 was $2.848 Billion.
  • CocaCola net income for the twelve months ending September 30, 2024 was $10.409 Billion.
  • Coca Cola annual net income for 2023 was $10.714 Billion.
  • Coca Cola annual net income for 2022 was $9.542 Billion.
  • Coca Cola annual net income for 2021 was $9.771 Billion.
  • Coca Cola annual net income for 2020 was $7.747 Billion.
  • Coca Cola annual net income for 2019 was $8.92 Billion.
CocaCola Annual Net Income(Millions of US $)
2023$10.714
2022$9,925
2021$9,771
2020$7,747
2019$8,920
2018$6,434
2017$1,248
2016$6,527
2015$7,351
2014$7,098

Awards and Achievement

Coca-Cola is one of the biggest companies in the world. It is the seventh-raked company in the world, trailing behind some of the multi-millionaire companies like Apple, Microsoft, and others. Coca-Cola has won the industry Champion of the Year Award. It has also won an Award for Corporate Excellence. Looking at its success and popularity, Coca-Cola is a giant. It was also named the most valuable company in 2010 by Forbes.

Conclusion

To conclude, we can say that Coca-Cola is a phenomenal company and it is very popular all around the world. Everyone wants to enjoy their evening with a glass of coke, from kids to adults. The company is at its peak nowadays, and there is no stopping it.

FAQs

What is the net worth of Coca-Cola?

Coca-Cola’s total net worth is around $270.64 billion.

When was Coca-Cola Founded?

Coca-Cola was founded in 1892 in Atlanta, Georgia, United States

Who are the founders of Coca-Cola?

Coca-Cola‘s founder’s name is Asa Griggs Candler.

How much is Coca-Cola’s annual income?

Coca Cola revenue for the twelve months ending Sept 30, 2024 was $10.409 Billion.

What is the PE Ratio of Coca-Cola?

Coca Cola PE ratio as of Nov 22, 2024 is 22.19.

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