Coca Income Tax Expense from 2010 to 2024

COKE Stock  USD 1,292  19.26  1.51%   
Coca Cola's Income Tax Expense is increasing over the years with slightly volatile fluctuation. Overall, Income Tax Expense is expected to go to about 156.6 M this year. During the period from 2010 to 2024 Coca Cola Income Tax Expense annual values regression line had coefficient of variation of  126.43 and r-squared of  0.55. View All Fundamentals
 
Income Tax Expense  
First Reported
1989-06-30
Previous Quarter
57.1 M
Current Value
59.4 M
Quarterly Volatility
12.2 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Coca Cola financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Coca Cola's main balance sheet or income statement drivers, such as Depreciation And Amortization of 185.8 M, Selling General Administrative of 2 B or Total Revenue of 7 B, as well as many indicators such as Price To Sales Ratio of 1.37, Dividend Yield of 0.0051 or PTB Ratio of 9.13. Coca financial statements analysis is a perfect complement when working with Coca Cola Valuation or Volatility modules.
  
Check out the analysis of Coca Cola Correlation against competitors.

Latest Coca Cola's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Coca Cola Consolidated over the last few years. It is Coca Cola's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Coca Cola's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Coca Income Tax Expense Regression Statistics

Arithmetic Mean46,614,887
Coefficient Of Variation126.43
Mean Deviation45,604,516
Median21,889,000
Standard Deviation58,933,762
Sample Variance3473.2T
Range196.4M
R-Value0.74
Mean Square Error1697.2T
R-Squared0.55
Significance0
Slope9,739,715
Total Sum of Squares48624.6T

Coca Income Tax Expense History

2024156.6 M
2023149.1 M
2022144.9 M
202165.6 M
202058.9 M
201915.7 M
20181.9 M

About Coca Cola Financial Statements

Coca Cola stakeholders use historical fundamental indicators, such as Coca Cola's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Coca Cola investors may analyze each financial statement separately, they are all interrelated. For example, changes in Coca Cola's assets and liabilities are reflected in the revenues and expenses on Coca Cola's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Coca Cola Consolidated. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense149.1 M156.6 M

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Additional Information and Resources on Investing in Coca Stock

When determining whether Coca Cola Consolidated is a strong investment it is important to analyze Coca Cola's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Coca Cola's future performance. For an informed investment choice regarding Coca Stock, refer to the following important reports:
Check out the analysis of Coca Cola Correlation against competitors.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Soft Drinks & Non-alcoholic Beverages space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Coca Cola. If investors know Coca will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Coca Cola listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.424
Dividend Share
2
Earnings Share
54.14
Revenue Per Share
719.349
Quarterly Revenue Growth
0.033
The market value of Coca Cola Consolidated is measured differently than its book value, which is the value of Coca that is recorded on the company's balance sheet. Investors also form their own opinion of Coca Cola's value that differs from its market value or its book value, called intrinsic value, which is Coca Cola's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Coca Cola's market value can be influenced by many factors that don't directly affect Coca Cola's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Coca Cola's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coca Cola is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coca Cola's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.