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Coca Cola Co  (KO)
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Coca Cola Co's ROA from the fourth quarter of 2023 to the fourth quarter of 2022 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Coca Cola Co's ROA in the fourth quarter of 2023?
Coca Cola Co achieved a return on average assets (ROA) of 12.4 % in its fourth quarter of 2023, this is above KO's average return on assets of 11.12%.
Coca Cola Cos assets during the 12 months ending in the fourth quarter of 2023 are valued at $86 billion

ROA decreased relative to the period ending Sep 29 2023, due to the decline in net income.

However, within the Consumer Non Cyclical sector 25 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Dec 31 2023 quarter, so far to 462, from total ROA ranking in the third quarter of 2023 at 511.

What is ROA?


Return On Assets (Dec 31 2023)
IV. Quarter
(Sep 29 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Total Assets Change 6.12 % 4.07 % 2.02 % -1.14 % -1.68 %
Y / Y Net Income Change -3.4 % 9.25 % 32.68 % 11.46 % -16.08 %
Net Income (TTM) in million 10,703 10,773 10,512 9,891 9,571
Return On Assets (TTM) 12.4 % 12.67 % 12.48 % 11.8 % 11.39 %
KO's Total Ranking # 462 # 511 # 587 # 651 # 802
Total Assets (TTM) in million 88,337 85,695 85,892 85,400 83,244
Seq. Total Assets Change 3.08 % -0.23 % 0.58 % 2.59 % 1.09 %
Seq. Net Income Change -35.58 % 22.29 % -19.02 % 51.41 % -27.14 %



Return On Assets Company Ranking
Within: No.
Industry # 5
Sector # 26
Overall # 460

Return On Assets Statistics
High Average Low
21.2 %
11.12 %
1.42 %
(Dec. 31, 2010)   (Dec 31 2017)





Financial Statements
Coca Cola Co's Assets $ 88,337 million KO's Balance sheet
Coca Cola Co's Income $ 1,986 million Quarterly KO's Income Statement
KO's Income by Division See KO's Income by Division



Annual Return On Assets (Dec 31 2023)
FY 2023
(Dec 31 2022)
FY 2022
(Dec 31 2021)
FY 2021
(Dec 31 2020)
FY 2020
(Dec 31 2019)
FY 2019
Y / Y Total Assets Change 6.12 % -1.68 % 7.12 % -1.08 % 7.55 %
Total Assets in million 88,337 83,244 84,670 79,040 79,901
Y / Y Net Income Change 11.83 % -2.38 % 26.21 % -13.54 % 38.74 %
Net Income in million 10,703 9,571 9,804 7,768 8,985
Return On Assets 12.12 % 11.5 % 11.58 % 9.83 % 11.25 %




Comment on KO's ROA in the fiscal year ending 2023
In the fiscal year 2023 ROA improved to 12.12 % compared to prior year, due to annual net income growth of 11.83 % to $10,703.00 million, while value of Coca Cola Co's overall assets grew just by 6.12 % to $88,337.00 million, compared to $88,337.00 a year before.


More Return On Assets Ratios
KO's' Return on Assets at Yahoo Finance
Nonalcoholic Beverages Industry Return On Assets Trends and Statistics
Consumer Non Cyclical Sector Roa Statistics
Roa Trends for overall market
KO's Roa Ratio versus Nonalcoholic Beverages Industry, Consumer Non Cyclical Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for KO's Competitors
Roa for Coca Cola Co's Suppliers
Return On Assets for KO's Customers

You may also want to know
KO's Roi KO's Inventory Turnover Ratio KO's Growth Rates KO's Dividend Comparisons
KO's Profitability Ratios KO's Asset Turnover Ratio KO's Dividend Growth
KO's Roe KO's Valuation Ratios KO's Financial Strength Ratios KO's Dividend Payout Ratio



Companies with similar Return On Assets at Dec 31 2023, within Consumer Non Cyclical Sector ROA
Medifast Inc   31.31 %
National Beverage Corp   25.97 %
Cal maine Foods Inc   23.05 %
Bellring Brands Inc   22.77 %
Altria Group Inc   22.45 %
United guardian Inc   21.11 %
South Dakota Soybean Processors Llc  19.62 %
The Vita Coco Company Inc   18.52 %
Vector Group Ltd  18.24 %
Lamb Weston Holdings Inc   17.84 %
U S Premium Beef Llc  16.07 %
Hershey Co  16.02 %
Colgate palmolive Company  15.15 %
Lifeway Foods Inc   14.93 %
Philip Morris International Inc   14.61 %
Celsius Holdings Inc   14.51 %
Oddity Tech Ltd  14.46 %
Inter Parfums Inc   13.67 %
Cf Industries Holdings inc   13.40 %
E l f Beauty Inc   12.71 %
Brown forman Corporation  12.67 %
Lancaster Colony Corporation  11.38 %
Fitlife Brands Inc   11.35 %
Ambev S a   11.28 %
Ennis Inc   11.23 %
Alico Inc   11.11 %
Coca Cola Co  10.95 %
Usana Health Sciences Inc   10.45 %
Coca cola Consolidated Inc   10.07 %
Bunge Global Sa  9.05 %


Date modified: 2024-02-21T14:59:03+00:00


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