The value of Coca-Cola’s assets is estimated at $271.64 billion. Coca-Cola is a well-known multinational beverage corporation in America. From its name, it’s composed from tea leaves as well as Kola nuts, which are a fantastic source of caffeine. The first time they made soda pills to treat ailments, however afterward, they began selling the soda by liquid forms.
With the popularity of the company growing the company began to produce carbonated drinks. John Stith Pemberton is the founder of the company. The company was founded by him in the latter half of the 19th century.
At first, it wasn’t very famous, but today the company is now one of the largest beverage companies around the globe. The company’s products are sold across the globe, and also sells various drinks. They have become more flexible over the years.
What is Coca Cola Net Worth?
Coca-Cola’s total worth is estimated to be around $271.64 billion by 2025. Coca-Cola is a huge multi-millionaire corporation with roots across the globe. Coca-Cola has also been a sponsor for some of the most prestigious sporting events and championships such as the FIFA World Cup 2010, NASCAR, PGA tour, and numerous others. Coca-Cola does not just sell the popular cola however, it also offers various drinks and juices. In all, Coca-Cola has an estimated value of $245 billion.
| Net Worth 2024 | $271.64 billion |
| Net Worth in Rupees | Rs. 21.50 Lakh Crore |
| Revenue | $46.366 billion |
| Operating income | $10.931 billion |
| Net Income | $10.409 billion |
| Total Assets | $106.266 billion |
| Total Equity | $24.436 billion |
| CEO | James Quincey (1 May 2017-) |
| Founder | Asa Griggs Candler |
| Number of Employees | 91000+ |
| Top Brands | Coca–Cola. Thumbs Up. Sprite. Aquarius Glucocharge. SmartWater. Minute Maid Nutriforce Apple. Minute Maid Vita Punch. |
| FoundedDate: | 29 January 1892,Atlanta, Georgia, United States |
Coca Cola Revenue 2024
- CocaCola Revenue for its third quarter that ended Sept. 30, 2024, was $11.854 Billion.
- CocaCola Revenue for twelve months that ended September 30th, 2024 was $46.366 Billion.
- Coca Cola annual revenue for 2023 was $45.754 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 $) |
|---|---|
| 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 |
Coca-Cola Organization Structure
| Level | Title | Name |
|---|---|---|
| 1 | Board of Directors | James B. Quincey (Chair), 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 CFO | John Murphy |
| 4 | President, International Development | Henrique Braun |
| 4 | President, Africa Operating Unit | Luisa Ortega |
| 4 | President, Greater China and Mongolia | Gilles Leclerc |
| 5 | Global Chief Marketing Officer | Manuel Arroyo |
| 5 | SVP and Chief People Officer | Lisa Chang |
| 5 | SVP and Chief Communications, Sustainability and Strategic Partnerships Officer | Beatriz Perez |
| 5 | Chief Supply Chain and Innovation Officer | Mark Rahiya |
| 5 | SVP and Chief Technical and Innovation Officer | Nancy Quan |
| 5 | Global CIO | Neeraj Tolmare |
| 5 | SVP and General Counsel | Monica Howard Douglas |
Regional Divisions
- North America Operating Unit
- Latin America Operating Unit
- Europe, Middle East, and Africa Operating Unit
- Asia Pacific Operating Unit
Functional Divisions
- Bottling Investments Group
- Coca-Cola Global Ventures
- Coca-Cola HBC
- Coca-Cola FEMSA
- Arca Continental
This is a brief overview of the organization structure at Coca-Cola. The business has a complex system that continuously changes to meet the ever-changing demands of business.
Inception
Coca-Cola was founded in the latter part of the 19th century. John Stith Pemberton founded the company in the late 19th century. He originally planned to make use of coke as a remedy that aids in digesting of foods. It was the soda. John Stith Pemberton created a syrup and, when he mixed it up with water, his end substance was Coca-Cola. At first, Coca-Cola was not that well-known and only a few were amazed. Sadly, John Stith Pemberton died and before the time of his passing, he had donated some of the stock in his company to different businessmen.
One of the people who he sold the bulk part of the company’s shareholdings included Asa G. Candler. Candler was the man who took the company to unprecedented levels. The company began selling the drink in a soda fountain in Atlanta. The business was rapidly growing and to keep up with the increasing demands of customers they decided to market the beverage in bottles.
Joseph Biedenharn became the first person to market Joseph Biedenharn was the first person to sell Coca-Cola units in bottles. They also purchased the right to manufacture bottles and quickly established their own company to manufacture bottles. With the demand for their products growing the company began to roll bottles of various sizes and in very distinctive designs.
In the year 1970, Coca-Cola launched its first commercial on television. After the initial success and start, the ads have been a great success.
CocaCola Assets 2024
- CocaCola the total assets for the quarter that ended on September 30th, 2024 was $106.266 Billion.
- Coca Cola total assets for 2023 was $97.703 Billion.
- Coca Cola total assets for 2022 totaled $92.763 Billion.
- Coca Cola total assets for 2021 totaled $94.354 Billion.
- Coca Cola total assets for 2020 was $87.296 Billion.
- Coca Cola total assets for 2019 totaled $86.381 Billion.
| Year | Assets (Millions of US $) |
|---|---|
| 2023 | $97,703 |
| 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 |
| 2013 | $90,055 |
Evolution
Since its introduction at the end of the 19th century Coca-Cola is among the most popular carbonated drinks on the planet. There are no rivals on the market. Following the success of the company and growth, it began to buy other businesses under its own name. The first acquisition was a company called Minute Maid. The introduction the company Minute Maid was quite a huge success. The success and popularity grew dramatically after the inclusion.
After years of debate and debate, Coca-Cola finally merged with the Indian beverage company Thumbs Up. It has been a huge success and, today in India Thumbs Up is the most popular beverage. They also purchased a business known as Bart’s. Barq’s is a non-alcoholic drink company.
Incorporating an Odwalla name to Coca-Cola was regarded as to be one of the best deals. They offer every type of drink, including smoothies and fruit juices bars, and other. Coca-Cola has also bought some other drinks and tea manufacturing firms.
Coca Cola Net Income 2024
- CocaCola net earnings for the period that ended September 30th 2024, was $2.848 billion.
- CocaCola net earnings for the 12 months ended September 30th 2024, was $10.409 Billion.
- Coca Cola annual net income for 2023 was $10.714 Billion.
- Coca Cola annual net income for 2022 was $9.542 Billion.
- Coca Cola annual net income for 2021 was $9.771 Billion.
- Coca Cola annual net income for 2020 was $7.747 Billion.
- Coca Cola annual net income in 2019 is $8.92 Billion.
| CocaCola Annual Net Income | (Millions of US $) |
| 2023 | $10.714 |
| 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 among the largest corporations worldwide. It is the seventh-highest-grossing company in the world, lagging behind the millionaire companies such as Apple, Microsoft, and other companies. Coca-Cola has been awarded the prestigious Industry Champion of the Year Award. The company also received the Award for Corporate Excellence. When you look at its achievements and its popularity, Coca-Cola is a giant. It was also ranked as the most valuable business in the year 2010 by Forbes.