---
schema_version: "secwatch.filing_event.v1"
accession: "0000021344-24-000004"
form_type: "8-K"
ticker: "KO"
cik: "0000021344"
company_name: "COCA COLA CO"
filed_at: "2024-02-13T23:59:59+00:00"
generated_at: "2026-06-06T03:50:47.108364+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Coca-Cola Q4 net revenue $10.8B (+7%), EPS $0.46; full-year EPS $2.47 (+13%)

## Summary
- Q4 organic revenue +12% driven by price/mix +9% and concentrate sales +3%; full-year organic revenue +12%.
- Full-year comparable EPS $2.69, +8% vs 2022; operating cash flow $11.6B, +5%.
- Unit case volume +2% in Q4 and full year; value share gained in total NARTD beverages.
- 2024 outlook provided; company expects continued topline growth and margin expansion.
- Refranchising progress in India, Philippines, Thailand, and Indonesia to optimize bottling system.

## SEC filing metadata
- accession: 0000021344-24-000004
- form_type: 8-K
- ticker: KO
- cik: 0000021344
- company_name: COCA COLA CO
- filed_at: 2024-02-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/21344/000002134424000004/0000021344-24-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/21344/000002134424000004/ko-20240213.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000021344-24-000004
- JSON: https://secwatch.observer/filing/0000021344-24-000004.json
- Plain text: https://secwatch.observer/filing/0000021344-24-000004.txt

## Key facts
- Earnings Releases
  COCA COLA CO reported full year 2023 results: revenue $45.8 billion, EPS $2.47.
  - Period: full year 2023
  - Revenue: $45.8 billion
  - EPS: $2.47
  - Result: reported results
  source text: and 3% growth in concentrate sales. The quarter included one additional day, which resulted in a 1-point tailwind to revenue growth. For the full year, net revenues grew 6% to $45.8 billion, and organic revenues (non-GAAP) grew 12%, driven by 10% growth in price/mix and 2% growth in concentrate sales. For both the quarter and the full year, organic revenue
  evidence_url: https://www.sec.gov/Archives/edgar/data/21344/000002134424000004/0000021344-24-000004-index.htm
- Earnings Releases
  COCA COLA CO reported fourth quarter 2023 results: revenue $10.8 billion, EPS $0.46.
  - Period: fourth quarter 2023
  - Revenue: $10.8 billion
  - EPS: $0.46
  - Result: reported results
  source text: continue to create value for our stakeholders in 2024 and for the long term.” Highlights Quarterly / Full-Year Performance • Revenues: For the quarter, net revenues grew 7% to $10.8 billion, and organic revenues (non-GAAP) grew 12%, driven by 9% growth in price/mix and 3% growth in concentrate sales. The quarter included one additional day, which resulted in a
  evidence_url: https://www.sec.gov/Archives/edgar/data/21344/000002134424000004/0000021344-24-000004-index.htm

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