Reading the tape
NASDAQ: COKE
Coca-Cola Consolidated, Inc.
Consumer Defensive · Beverages - Non-Alcoholic
Market Cap
$17.91B
52w High
$219.65
52w Low
$105.21
P/E
27.62
Volume
203.05K
Outstanding Shares
83.70M
Price vs Fundamentals
Why The Stock Is Moving
Optimism is getting priced inModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: 87.94%Revenue (TTM): 4.76%FCF (TTM): 22.74%P/FCF: 88th pct
What changed
The stock rose 87.94% over the last year. Revenue grew 4.76% over the trailing twelve months. Operating margin moved from 13.34% to 13.2%. Free cash flow grew 22.74% over the trailing twelve months.
What the market seems to be pricing
The stock is trading toward the richer end of its historical P/FCF range (88th percentile) while business metrics are improving. More of the upside is already embedded in the multiple now.
What would invalidate this read
Operating margin is at 13.2% — continued expansion would be needed to justify the premium. Revenue growth of 4.76% is encouraging, but any deceleration puts the stretched multiple at risk. This read changes if revenue, margins, and cash flow continue to improve faster than expected — in that case the richer multiple could still prove conservative.
Company profile
Coca-Cola Consolidated, Inc., together with its subsidiaries, manufactures, markets, and distributes nonalcoholic beverages primarily products of The Coca-Cola Company in the United States.
CEOJ. Frank Harrison
SectorConsumer Defensive
IndustryBeverages - Non-Alcoholic
Employees15,000
IPO dateJun 23, 1990
Valuation
Forward P/E—
EV/EBITDA11.97
Enterprise value$14.01B
Stock splits
May 27, 2025↑ Forward
Every 1 shares became 10
Mar 21, 1984↑ Forward
Every 1 shares became 2
Profitability & growth
Revenue growth9.03%
Gross margin39.37%▼0.41%vs FY2024
Operating margin13.2%▼1.40%vs FY2024
ROE-77.13%▼272.71%vs FY2024
Analyst consensus
RatingHold
Target price—
0
Buy
1
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 6, 2026
Q2 FY26 · EPS est — · Revenue est —
View
Dividends
$1.00/shareQuarterlySafeCOKE pays a dividend with a 0.47% dividend yield, growing at 58.49% annually, covered 7.2× by free cash flow.
Dividend Yield
0.47%
Annual Div / Share
$1.00
5yr CAGR
+58.49%
Doubles every ~1.5yr
Payout Ratio
15.19%
Safe
Dividend Growth Rate
3yr CAGR
+30.5%
5yr CAGR
+58.49%
10yr CAGR
+25.89%
Dividend Safety
10/10Safe
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2026$1.00+25.0%
2025$0.80-55.6%
2024$1.80+300.0%
2023$0.45+350.0%
2022$0.10+0.0%
2021$0.10+0.0%
2020$0.10+0.0%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$5/yr
$0/mo
In 5 yrs
$8/yr+76%
$1/mo
In 10 yrs
$15/yr+211%
$1/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$5/yr $0/mo | $8/yr+76% $1/mo | $15/yr+211% $1/mo |
Long-range projections use a capped 12% annual growth assumption.
Yield-on-cost grows from 0.47% → 1.45% over 10yr
Analysis
Dividend Strengths
Well-covered by free cash flow
The dividend is covered 7.2× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Strong dividend growth rate
The 5-year CAGR of 58.49% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
No strong risk signal stands out from the latest period pair.