The Coca-Cola Company’s net operating revenue and operating income have both fluctuated over the past decade. Revenue refers to a business’ total income through the sale of goods and services, whilst income refers to the revenue minus all business expenses. Net operating revenue figure hit a peak in 2012 of around 48.02 and operating income figure was highest in 2023 with 11.3 billion U.S. dollars.
When was the Coca-Cola Company founded?
The Coca-Cola Company is a producer, retailer and marketer of non-alcoholic beverages and is well-known for its soft drink, Coca-Cola. The history of Coca-Cola began in 1886 when Atlanta pharmacist Dr. John S. Pemberton created a flavored syrup with a distinctive taste. The company went on to be founded in 1892 and comprises the corporate division, which is headquartered in Atlanta, GA. Over one third of the Coca-Cola Company’s revenue was produced in North America. Coca-Cola's sales volume growth, however, is most prominent in the Asia Pacific region.
Employment at the Coca-Cola Company
As with both revenue and income, the number of Coca-Cola employees has risen and fallen in recent years. In 2022, about 82,500 people were employed by the company, whilst employment peaked in 2012 at over 150,000. In comparison, the number of PepsiCo employees, one of Coca-Cola’s biggest competitors in the soft drinks market which produces food and snack products along with soft drinks, reached around 315,000 in 2022.
Global revenue and financial results of the Coca-Cola Company from 2010 to 2023
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Net operating revenue
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*2010 figures from were influenced by the acquisition of Coca-Cola Enterprises Inc's North American business and the sale of Norwegian and Swedish bottling operations, which closed on October 2, 2010. Data for 2010 and 2011 have been adjusted by Coca-Cola's new accounting methodology. Some figures have been taken from previous publications.
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Coca-Cola Company. (February 29, 2024). Global revenue and financial results of the Coca-Cola Company from 2010 to 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved September 10, 2024, from https://www.statista.com/statistics/264423/revenue-and-financial-results-of-coca-cola/
Coca-Cola Company. "Global revenue and financial results of the Coca-Cola Company from 2010 to 2023 (in million U.S. dollars) ." Chart. February 29, 2024. Statista. Accessed September 10, 2024. https://www.statista.com/statistics/264423/revenue-and-financial-results-of-coca-cola/
Coca-Cola Company. (2024). Global revenue and financial results of the Coca-Cola Company from 2010 to 2023 (in million U.S. dollars) . Statista. Statista Inc.. Accessed: September 10, 2024. https://www.statista.com/statistics/264423/revenue-and-financial-results-of-coca-cola/
Coca-Cola Company. "Global Revenue and Financial Results of The Coca-cola Company from 2010 to 2023 (in Million U.S. Dollars) ." Statista, Statista Inc., 29 Feb 2024, https://www.statista.com/statistics/264423/revenue-and-financial-results-of-coca-cola/
Coca-Cola Company, Global revenue and financial results of the Coca-Cola Company from 2010 to 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/264423/revenue-and-financial-results-of-coca-cola/ (last visited September 10, 2024)
Global revenue and financial results of the Coca-Cola Company from 2010 to 2023 (in million U.S. dollars) [Graph], Coca-Cola Company, February 29, 2024. [Online]. Available: https://www.statista.com/statistics/264423/revenue-and-financial-results-of-coca-cola/