← KO
KO
COCA COLA CO Segment Breakdown
Other segments (7)
North America Segment
Bottling Investments
Europe Middle East Africa
North America
Pacific
Latin America Segment
EMEA
A.Pacific
The chart groups the 7 smallest segments so no two bands share a colour. Every segment is listed individually in the table below.
| Segment | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue ($M) | ||||||||||||||
| Bottling Investments | — | — | — | — | 19,735
47% |
11,306
31%-43% |
6,787
20%-40% |
7,440
20%+10% |
6,265
19%-16% |
7,203
19%+15% |
7,891
18%+10% |
7,860
17%-0% |
6,223
13%-21% |
5,735
12%-8% |
| Corporate | — | — | — | — | 132
0% |
113
0%-14% |
92
0%-19% |
94
0%+2% |
46
0%-51% |
85
0%+85% |
94
0%+11% |
126
0%+34% |
97
0%-23% |
— |
| Eurasia And Africa | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Europe | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Intersegment Elimination | — | — | — | — | -4,720
-11% |
-2,561
-7% |
-1,273
-4% |
-1,248
-3% |
— | — | — | — | — | — |
| Latin America | — | — | — | — | 3,819
9% |
4,026
11%+5% |
4,010
12%-0% |
4,118
11%+3% |
— | — | — | — | — | — |
| North America | — | — | — | — | 10,325
25% |
10,629
29%+3% |
11,630
34%+9% |
11,915
32%+2% |
— | — | — | — | — | — |
| Pacific | — | — | — | — | 5,294
13% |
5,162
14%-2% |
5,185
15%+0% |
5,327
14%+3% |
4,722
14%-11% |
5,291
14%+12% |
5,445
13%+3% |
5,455
12%+0% |
— | — |
| EMEA | — | — | — | — | 7,278
17% |
6,822
19%-6% |
7,099
21%+4% |
7,058
19%-1% |
— | — | — | — | — | — |
| Global Ventures | — | — | — | — | — | 715
2% |
770
2%+8% |
2,562
7%+233% |
1,991
6%-22% |
2,805
7%+41% |
2,843
7%+1% |
3,064
7%+8% |
3,129
7%+2% |
— |
| Eliminations | — | — | — | — | — | — | -1,273
-4% |
-1,248
-3% |
-1,043
-3% |
-1,255
-3% |
-1,376
-3% |
-1,433
-3% |
-1,164
-2% |
— |
| Europe Middle East Africa | — | — | — | — | — | — | 7,099
21% |
7,058
19%-1% |
6,057
18%-14% |
7,193
19%+19% |
7,523
17%+5% |
10,838
24%+44% |
10,958
23%+1% |
11,513
24%+5% |
| Latin America Segment | — | — | — | — | — | — | 4,010
12% |
4,118
11%+3% |
3,499
11%-15% |
4,143
11%+18% |
4,910
11%+19% |
5,834
13%+19% |
6,471
14%+11% |
6,334
13%-2% |
| North America Segment | — | — | — | — | — | — | 11,630
34% |
11,915
32%+2% |
11,477
35%-4% |
13,190
34%+15% |
15,674
36%+19% |
16,973
37%+8% |
18,869
40%+11% |
19,586
41%+4% |
| A.Pacific | — | — | — | — | — | — | — | — | — | — | 5,445
13% |
5,542
12%+2% |
5,594
12%+1% |
5,638
12%+1% |
| Total (check) | — | — | — | — | 41,863 | 36,212 | 55,766 | 59,109 | 33,014 | 38,655 | 48,449 | 54,259 | 50,177 | 48,806 |
| Operating Margin % | ||||||||||||||
| Bottling Investments | — | — | — | — | +0.0% | -7.1% | -2.9% | +4.8% | +4.9% | +6.6% | +6.2% | +7.4% | +8.0% | +7.4% |
| Corporate | — | — | — | — | -1355.3% | -1775.2% | -1525.0% | -1497.9% | -2654.3% | -2803.5% | -2804.3% | -2940.5% | -5414.4% | — |
| Eurasia And Africa | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Europe | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Intersegment Elimination | — | — | — | — | -0.0% | -0.0% | -0.0% | -0.0% | — | — | — | — | — | — |
| Latin America | — | — | — | — | +51.1% | +55.0% | +57.8% | +57.7% | — | — | — | — | — | — |
| North America | — | — | — | — | +25.3% | +23.3% | +19.9% | +21.8% | — | — | — | — | — | — |
| Pacific | — | — | — | — | +41.7% | +41.4% | +43.8% | +42.8% | +45.2% | +43.9% | +42.3% | +37.4% | — | — |
| EMEA | — | — | — | — | +50.4% | +52.6% | +52.0% | +50.3% | — | — | — | — | — | — |
| Global Ventures | — | — | — | — | — | +22.2% | +19.7% | +13.0% | -6.2% | +10.4% | +6.5% | +10.7% | +11.5% | — |
| Eliminations | — | — | — | — | — | — | -0.0% | -0.0% | -0.0% | -0.0% | -0.0% | -0.0% | -0.0% | — |
| Europe Middle East Africa | — | — | — | — | — | — | +52.0% | +50.3% | +54.7% | +51.9% | +52.6% | +39.9% | +38.8% | +37.3% |
| Latin America Segment | — | — | — | — | — | — | +57.8% | +57.7% | +60.5% | +61.2% | +58.5% | +58.9% | +58.6% | +59.1% |
| North America Segment | — | — | — | — | — | — | +19.9% | +21.8% | +21.5% | +25.3% | +23.9% | +27.3% | +24.1% | +25.9% |
| A.Pacific | — | — | — | — | — | — | — | — | — | — | +42.3% | +37.1% | +38.5% | +36.2% |
Source: SEC EDGAR XBRL instance documents (KO 10-K filings).
Revenue and operating income per segment as tagged by the company under
us-gaap:StatementBusinessSegmentsAxis.