Operates a global beverage company with a portfolio of sparkling soft drinks, water, sports, coffee, tea, juice, dairy, and emerging beverage brands.
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Growing
What The does
The Coca-Cola Company develops, markets, and sells a broad portfolio of beverages through a global bottling and distribution network.
Founded
1886
Atlanta, Georgia
CEO
Henrique Braun
Since 2026
Market cap
$368.51B
N/A
Revenue (FY25)
$47.94B
+1.9% YoY
30-Second Summary
A plain-English explanation of Coca-Cola's business model
If you only remember one thing
Coca-Cola makes money by developing beverage brands and selling concentrates, syrups, finished beverages, and other products through a global distribution and bottling network. Its portfolio spans sparkling soft drinks, water, sports drinks, coffee, tea, juice, dairy, and other beverages.
Business Segments
Where The's $47.94B Fiscal year 2025 (ended December 31, 2025) comes from
$47.94B
Fiscal year 2025
40% of revenue ·+4% YoY
24% of revenue ·+5% YoY
13% of revenue ·-2% YoY
12% of revenue ·-8% YoY
Business Model
How The makes money — the ecosystem flywheel
Reach Beverage Consumers
Develop & Distribute Brands
Strengths & Risks
What makes The strong — and what could go wrong
Global Beverage Platform
Coca-Cola sells beverages across more than 200 countries and territories through a large global distribution system.
Iconic Brand Portfolio
The company owns and markets a broad portfolio of globally recognized beverage brands.
Large Distribution Network
Coca-Cola reaches consumers through bottlers, distributors, wholesalers, retailers, and other channels.
Diversified Beverage Categories
Its portfolio spans sparkling soft drinks, water, sports drinks, coffee, tea, juice, dairy, and other beverages.
Global Scale
The company benefits from operating at large scale across multiple geographic markets and beverage categories.
Financial Overview
Fiscal year 2025 (ended December 31, 2025)
$47.94B
+1.9% YoY
FY25
$13.14B
+23.4% YoY
FY25
$5.3B
+11.7% YoY
FY25
The Coca-Cola Company generated $47.9B of net operating revenue and $13.1B of net income in fiscal 2025.
Financial History
5-year trend, fiscal years 2021–2025
$47.94B
+24% since FY21
Business Ecosystem
Who The depends on — and who depends on The
Bottlers
Bottling partners produce, package, distribute, and sell Coca-Cola beverages in markets around the world.
Retailers
Retailers and foodservice customers provide channels through which Coca-Cola beverages reach consumers.
Consumers
Consumers purchase Coca-Cola products across grocery, convenience, foodservice, vending, and other channels.
Coca-Cola
Global beverage platform
Competitors
Companies that compete with Coca-Cola across global beverages and related consumer beverage categories. Market caps use an October 2026 snapshot.
PepsiCo
$172.96B
Direct consumer beverage competitor across soft drinks, sports drinks, juices, and other beverage categories.
Monster Beverage
$84.12B
Beverage competitor focused on energy drinks, including brands distributed through the Coca-Cola system.
Keurig Dr Pepper
$41.29B
Beverage competitor with carbonated soft drinks, coffee, and other beverage brands in North America.
McDonald's Corporation
Operates a global restaurant business through a large network of franchised and company-operated restaurants serving food and beverages across more than 100 countries.
Costco Wholesale Corporation
Operates membership warehouses and e-commerce sites that offer a limited selection of products at low prices and generate high sales volumes.
