Coca Cola Net Worth 2024, Coca-Cola brand value

Coca Cola Net WorthIn 2024, Coca-Cola’s net worth stands at $257 billion. Coca-Cola, a renowned American multinational beverage company, is named after its ingredients, Coca leaves and Kola nuts, which are rich in caffeine. Initially, they produced soda pills for medicinal use, but later transitioned to selling it as a liquid beverage. The company was founded in the late 19th century by John Stith Pemberton as it gained popularity.

In the beginning, it wasn’t very popular, but today, Coca-Cola is one of the world’s largest beverage companies. They sell their products globally and have expanded their offerings to include a wide variety of drinks, showcasing their versatility over time.

As of September 20, 2024, Coca-Cola’s net worth is $252.71 billion. The company’s strong brand, effective marketing, research, and innovation have enabled it to capture a significant market share in the non-alcoholic beverage industry.

Coca Cola Net Worth

As of 2024, Coca-Cola boasts a staggering net worth of $257 billion. This iconic American multinational beverage company has come a long way since its inception. Named after its original ingredients, Coca leaves, and Kola nuts, which provide caffeine, Coca-Cola initially produced soda pills for medicinal purposes.

Coca Cola Net Worth

However, as its popularity grew, it transitioned into the world of carbonated beverages. Founded by John Stith Pemberton in the late 19th century, Coca-Cola has evolved into one of the largest beverage companies globally. With a wide range of drinks and a global presence, Coca-Cola’s net worth reflects its enduring influence and success in the industry.

 

Coca Cola Net Worth Overview

Name Coca Cola
Net Worth 2024 $257 Billion
Profession Beverage Company
Monthly Income And Salary
Category Trending News

 

Coca Cola Net Worth In 2024

Coca-Cola is a massive multinational corporation with a global presence. They have sponsored major tournaments and sports events such as the FIFA World Cup in 2010, NASCAR, and the PGA Tour. Beyond cola, Coca-Cola now offers a diverse range of beverages and juices. In total, Coca-Cola is estimated to have a net worth of $257 billion.

Net Worth 2024 $257 Billion
Net Worth in Rupees Rs. 21.50 Lakh Crore
Revenue $44.140 billion
Operating income $10.931billion
Net Income $10.510 billion
Total Assets $98.456 billion
Total Equity $24.436 billion
CEO James Quincey (1 May 2017–)
Founder Asa Griggs Candler
Number of Emplyees 91000+
Top Brands
  • Coca-Cola.
  • Thums Up.
  • Sprite.
  • Aquarius Glucocharge.
  • SmartWater.
  • Minute Maid Nutriforce Apple.
  • Minute Maid Vita Punch.
Founded Date: 29 January 1892, Atlanta, Georgia, United States

CocaCola Revenue 2024

  • Coca Cola revenue for the quarter ending June 30, 2024 was $11.972 Billion
  • Coca Cola revenue for the twelve months ending June 30, 2024 was $44.140 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
Year Revenue (Millions of US $)
2024 $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

Inception

Coca-Cola was created in the late 19th century by John Stith Pemberton. Initially intended as a medicinal digestive aid, it took the form of a soda. Pemberton developed a syrup, which, when mixed with water, resulted in Coca-Cola. At the outset, it didn’t gain much popularity. Sadly, Pemberton passed away but had already distributed shares of the company to various businessmen, including Asa G. Candler. Candler played a pivotal role in taking the company to great heights. They began selling Coca-Cola at soda fountains outside Atlanta and soon transitioned to selling it in bottles to meet growing demand.

Joseph Biedenharn was the first to sell Coca-Cola in bottles, and the company established its own bottle manufacturing division. As popularity soared, Coca-Cola introduced bottles of various sizes with unique designs. In 1970, they aired their first television advertisement, further boosting their success. After several decades, Coca-Cola merged with the Indian beverage company Thums Up, a massive success, making Thums Up the most popular beverage in India. Coca-Cola also acquired Barq’s, a non-alcoholic beverage company. One of its significant additions was the Odwalla brand, known for smoothies, fruit juice, bars, and more. Coca-Cola has continued to acquire other beverage and tea manufacturing companies.

CocaCola Net Income 2024

Coca-Cola’s net income for the quarter ending June 30, 2024, reached $2.547 billion, while its annual net income for the twelve months ending on the same date amounted to $10.510 billion. This marks a notable increase compared to the previous year, as Coca-Cola reported an annual net income of $9.542 billion in 2022.

Over the past few years, Coca-Cola has demonstrated consistent financial growth, with annual net incomes of $9.771 billion in 2021, $7.747 billion in 2020, and $8.92 billion in 2019. These figures showcase Coca-Cola’s strong financial performance and its ability to maintain a robust position in the beverage industry.

  • CocaCola net income for the quarter ending June 30, 2024 was $2.547 Billion
  • CocaCola net income for the twelve months ending June 30, 2024 was $10.510 Billion
  • CocaCola annual net income for 2022 was $9.542 Billion
  • CocaCola annual net income for 2021 was $9.771 Billion
  • CocaCola annual net income for 2020 was $7.747 Billion
  • CocaCola annual net income for 2019 was $8.92 Billion
CocaCola Annual Net Income (Millions of US $)
2024 $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 Achievement

Coca-Cola is a major global company, ranking seventh in the world, following other multimillion-dollar giants like Apple and Microsoft. It has received accolades such as the Industry Champion of the Year Award and the Award for Corporate Excellence, reflecting its remarkable success and popularity. In 2010, Forbes even named Coca-Cola the most valuable company at that time.

FAQ’S

Is Disney celebrating 50 years?

Walt Disney World is celebrating its 50th anniversary with an 18-month event called The World's Most Magical Celebration. It began on October 1, 2021, which is the official anniversary date, and will continue until March 31, 2024.

What is the net worth of the CEO of Coca Cola?

As of September 22, 2024, James Quincey, the Chairman and CEO of Coca-Cola Co, has an estimated net worth of at least $28 million. He owns approximately 493,577 shares of Coca-Cola Co (KO) stock, valued at over $28 million. More information can be found in James Quincey's Latest Holdings Summary section.

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