Coca Cola’s net worth is 245 billion USD as of 2024. Coca-Cola is a very famous American multinational beverage company. As you can conclude from its name, it is made from Coca leaves and Kola nuts, an excellent source of caffeine. They initially started producing soda tablets for medicinal purposes, but later they started selling it in liquid form.
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As the company grew in popularity, they started producing carbonated drinks. John Stith Pemberton was the founder of the company. He founded the company in the late 19th century. Also, check out Apple Net Worth and Google Net Worth, Facebook Net Worth.
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It was not very popular at first, but today the company has become one of the largest beverage companies in the world. The company sells its products all over the world and now sells many different types of beverages. They have become much more versatile over time. Also, check out IBM Net Worth, AT and T Net Worth, and Samsung Net Worth.
Coca Cola net worth
Coca Cola is a giant multi-millionaire company with roots all over the world. The company even sponsors some of the biggest sports tournaments and championships like the 2010 FIFA world cup, NASCAR, PGA tour and many more. Today, Coca-Cola sells not only cola but also a variety of drinks and juices. Overall, Coca Cola has an estimated net worth of $245 billion.
| Net Worth 2024 | 245 billion USD |
| Net worth in Rupees | 21.50 trillion rupees |
| Revenue | 44.140 billion USD |
| Operating income | $10.931 billion |
| Net income | $10.510 billion |
| total assets | 98.456 billion USD |
| Total equity | $24.436 billion |
| CEO | James Quincey (May 1, 2017–) |
| Founder | Asa Griggs Candler |
| Number of employees | 91000+ |
| Top brands | Coca–Cola.Thums Up.Sprite.Aquarius Glucocharge.SmartWater.Minute Maid Nutriforce Apple.Minute Maid Vita Punch. |
| Founding: | January 29, 1892, Atlanta, Georgia, United States |
Coca Cola Net Worth
CocaCola Revenue 2023
- Coca Cola’s revenue for the quarter ending June 30, 2023 was $11.972 billion
- Coca Cola’s revenue for the 12 months ending June 30, 2023 is $44.140 billion
- Coca Cola’s annual revenue in 2022 is 43.004 billion USD
- Coca Cola’s annual revenue in 2021 is $38.655 billion
- Coca Cola’s annual revenue for 2020 was $33.014 billion
- Coca Cola’s annual revenue in 2019 was $37.266 billion
| Year | Revenue (Million USD) |
|---|---|
| 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 |
Organizational structure of Coca-Cola
| Level | Title | Name |
|---|---|---|
| first | Board of manager | James B. Quincey (Chairman), 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 |
| 2 | CEO | James B. Quincey |
| 3 | President and Chief Financial Officer | John Murphy |
| 4 | President, International Development | Henrique Braun |
| 4 | President, Africa Operations | Luisa Ortega |
| 4 | President, China and Mongolia | Gilles Leclerc |
| 5 | Global Marketing Director | Manuel Arroyo |
| 5 | SVP and Director of Human Resources | Lisa Chang |
| 5 | Senior Vice President and Director of Communications, Sustainability and Strategic Partnerships | Beatriz Perez |
| 5 | Director of supply chain and innovation | Mark Rahiya |
| 5 | Senior Vice President and Chief Technology and Innovation Officer | Nancy Quan |
| 5 | Global CIO | Neeraj Tolmare |
| 5 | SVP and General Counsel | Monica Howard Douglas |
Subdivision
- North American operating unit
- Latin America Operating Unit
- Operating unit Europe, Middle East and Africa
- Asia Pacific Operating Unit
Function room
- Bottling investment group
- Coca-Cola Global Ventures
- Coca Cola HBC
- Coca-Cola FEMSA
- Continental Arca
Please note that this is only a brief overview of Coca-Cola’s organizational structure. The company has a complex and dynamic structure that is constantly evolving to meet the changing needs of the business.
Start
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Coca Cola was born in the late 19th century. The company was founded by John Stith Pemberton. He initially planned to use cola as a medicinal substance to help digest food. It’s basically a soda. John Stith Pemberton created a syrup and after mixing it with water, the final ingredient was Coca-Cola. At first, Coca Cola was not popular and not many people were impressed with it. Unfortunately, John Stith Pemberton passed away, but before he died, he gave 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 leader who took the company to new heights. They started selling it at soda fountains outside of Atlanta. The company was growing exponentially and to meet public demand, they decided to sell bottled drinks.
Joseph Biedenharn became the first person to sell the first bottle of Coca Cola. They also acquired the rights to produce bottles and soon established their own bottle manufacturing company. As their popularity grew, they started producing bottles in various sizes and with very unique designs.
In 1970, Coca Cola launched its first television advertisement. After a successful introduction and launch, the advertisements brought them great success.
CocaCola assets in 2023
- CocaCola’s total assets for the quarter ending June 30, 2023 were $98.456 billion
- CocaCola’s total assets in 2022 are 92.763 billion USD
- CocaCola’s total assets in 2021 are 94.354 billion USD
- CocaCola’s total assets in 2020 are 87.296 billion USD
- CocaCola’s total assets in 2019 were $86.381 billion
| Year | Assets (million USD) |
|---|---|
| 2023 | $98,456 |
| 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 |
| two thousand and thirteen | $90,055 |
Evolution
Since its birth in the late 19th century, Coca Cola has been one of the best-selling carbonated drinks in the world. There are really no competitors in the market. After the company’s success, they started acquiring different companies under their name. First, they bought a company called Minute Maid. The addition of Minute Maid was quite a success. Popularity and success increased significantly after supplementation.
Coca Cola net worth
After several decades of debate and discussion, Coca-Cola has finally decided to merge with the Indian beverage company, Thumbs Up. It was a huge success and today, Thumbs Up is the most successful drink in India. They also bought a company called Barq’s. Barq’s is a non-alcoholic beverage company.
The addition of the Odwalla brand to Coca Cola is considered one of the biggest deals. Because they sell all kinds of drinks like smoothies, fruit juices, bars and many more. Coca Cola has also acquired a number of companies that produce tea and other beverages.
CocaCola Net Income 2023
- CocaCola’s net income for the quarter ending June 30, 2023 is $2.547 billion
- CocaCola’s net income for the 12 months ending June 30, 2023 is $10.510 billion
- CocaCola’s annual net income in 2022 is $9.542 billion
- CocaCola’s annual net income in 2021 is $9.771 billion
- CocaCola’s annual net income for 2020 was $7.747 billion
- CocaCola’s annual net income in 2019 was $8.92 billion
| CocaCola’s annual net income | (Million US dollars) |
| 2023 | $10,510 |
| 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 achievements
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Coca Cola is one of the largest companies in the world. It is ranked seventh in the world, behind some of the millionaire companies like Apple, Microsoft, and others. Coca Cola has won the Champion of the Year Award in the industry. The company has also won the Corporate Excellence Award. Looking at its success and popularity, Coca Cola is a giant company. The company was also named the most valuable company in 2010 by Forbes.
Conclusion
To conclude, we can say that Coca Cola is an extraordinary company and has an unbelievable popularity all over the world. From children to adults, everyone wants to enjoy their evening with a glass of coke. The company is at its peak now and nothing can stop it.
frequently asked Questions
What is Coca Cola’s net worth?
Coca Cola’s total net worth is about $244 billion.
When was Coca Cola founded?
Coca Cola was founded in 1892, Atlanta, Georgia, USA
Who is the founder of Coca Cola?
The name of the founder of Coca Cola is Asa Griggs Candler
What is Coca Cola’s annual income?
Coca Cola’s revenue for the 12 months ending June 30, 2023 is $44.140 billion
What is Coca Cola’s PE ratio?
Coca Cola’s PE ratio as of September 1, 2023 is 22.81.
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Category: Net Worth