---
schema_version: "secwatch.filing_event.v1"
accession: "0000021344-23-000005"
form_type: "8-K"
ticker: "KO"
cik: "0000021344"
company_name: "COCA COLA CO"
filed_at: "2023-02-14T23:59:59+00:00"
generated_at: "2026-06-19T14:41:32.883775+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Coca-Cola Q4 EPS down 16%; full-year comparable EPS up 7%; organic revenue +15%

## Summary
- Q4 net revenues $10.1B (+7%), organic revenues +15%; global unit case volume -1%.
- Full-year net revenues $43.0B (+11%); operating income +6%; cash from ops $11.0B (-13% vs prior year).
- Comparable full-year EPS $2.48 (+7%); Q4 comparable EPS flat at $0.45; GAAP EPS $0.47 (-16%).
- John Murphy expands role as President & CFO; Henrique Braun named President of International Development.
- Tax litigation update: U.S. Tax Court issued 3M opinion; company continues to defend transfer pricing position.

## SEC filing metadata
- accession: 0000021344-23-000005
- form_type: 8-K
- ticker: KO
- cik: 0000021344
- company_name: COCA COLA CO
- filed_at: 2023-02-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/21344/000002134423000005/0000021344-23-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/21344/000002134423000005/ko-20230214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000021344-23-000005
- JSON: https://secwatch.observer/filing/0000021344-23-000005.json
- Plain text: https://secwatch.observer/filing/0000021344-23-000005.txt

## Key facts
- Earnings Releases
  COCA COLA CO reported full year 2022 results: revenue $43.0 billion, EPS $2.19. Guidance initiated.
  - Period: full year 2022
  - Revenue: $43.0 billion
  - EPS: $2.19
  - Guidance: initiated
  - Result: reported results
  source text: For the full year, net revenues grew 11% to $43.0 billion, and organic revenues (non-GAAP) grew 16%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/21344/000002134423000005/0000021344-23-000005-index.htm
- Earnings Releases
  COCA COLA CO reported fourth quarter and full year 2022 results: revenue $10.1 billion, EPS $0.47. Guidance initiated.
  - Period: fourth quarter and full year 2022
  - Revenue: $10.1 billion
  - EPS: $0.47
  - Guidance: initiated
  - Result: reported results
  source text: agility to drive growth and value for our stakeholders.” Highlights Quarterly / Full-Year Performance • Revenues: For the quarter, net revenues were strong, growing 7% to $10.1 billion. Organic revenues (non-GAAP) grew 15%. Organic revenue (non-GAAP) performance was strong across operating segments and included 12% growth in price/mix and 2% growth in
  evidence_url: https://www.sec.gov/Archives/edgar/data/21344/000002134423000005/0000021344-23-000005-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.