Coca-Cola Europacific Partners PLC, together with its subsidiaries, produces, distributes, and sells a range of non-alcoholic ready-to-drink beverages. It offers flavours, mixers, energy drinks, soft drinks, water, enhanced water, isotonic drinks, tea and coffee, juices, and other drinks. The company provides its products under the Coca-Cola Original Taste, Coca-Cola Zero Sugar, Diet Coke, Sprite, Sprite Zero Sugar, Fanta, Fanta Zero Sugar, Monster Energy, A&W, Absolut Vodka & SPRITE, Ades, Appletiser, aquaBona, Aquarius, BACARDÍ Mixed with Coca Cola RTD, Barista Bros, Bonaqua, BURN, Deep Spring, Dr Pepper, Dr Pepper Zero Sugar, Feral Brewing Co, Fuze Tea, Giancarlo Coffee, GLACEAU smartwater, Grinders, HALO, Jack Daniel's & Coca-Cola ready-to-drink, Kristal, L&P, MER, Minute Maid, Mother, Mount Franklin, Nordic Mist, Nutriboost, Oasis, Pulpy, pump, pumped, Reign, Rekorderlig Cider, Relentless, Royal, Royal Bliss, Schweppes, Schweppes Mix, SOCO, URGE, Vilas del Turbón, Voyage, Wilkins Pure, and Zephyr Coffee Co brands. It is also involved in the bottling and other operations. The company was formerly known as Coca-Cola European Partners plc and changed its name to Coca-Cola Europacific Partners PLC in May 2021. The company was founded in 1904 and is based in Uxbridge, United Kingdom.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $20.9B | $3.8B | $1.9B | $2.0B | 24.8% | 2.3% | 37.0% |
| 2024 | $20.4B | $3.1B | $1.4B | $2.1B | 16.7% | 11.7% | -15.0% |
| 2023 | $18.3B | $3.2B | $1.7B | $2.0B | 20.9% | 5.7% | 10.7% |
| 2022 | $17.3B | $2.9B | $1.5B | $2.3B | 20.2% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 17,320 | 18,302 | 20,438 | 20,901 |
| Operating Revenue | - | 17,320 | 18,302 | 20,438 | 20,901 |
| Cost Of Revenue | - | 11,096 | 11,582 | 13,227 | 13,461 |
| Gross Profit | - | 6,224 | 6,720 | 7,211 | 7,440 |
| Operating Expense | - | 3,991 | 4,391 | 4,676 | 4,648 |
| Selling General And Administration | - | 1,987 | 2,202 | 2,354 | 2,351 |
| Total Expenses | - | 15,087 | 15,973 | 17,903 | 18,109 |
| Operating Income | - | 2,233 | 2,329 | 2,535 | 2,792 |
| Total Operating Income As Reported | - | 2,086 | 2,339 | 2,132 | 2,793 |
| EBITDA | - | 2,935 | 3,157 | 3,111 | 3,766 |
| Normalized EBITDA | - | 3,082 | 3,147 | 3,514 | 3,765 |
| EBIT | - | 2,119 | 2,365 | 2,178 | 2,843 |
| Interest Income | - | 67 | 65 | 85 | 103 |
| Interest Expense | - | 162 | 162 | 242 | 274 |
| Net Interest Income | - | -114 | -120 | -187 | -203 |
| Other Non Operating Income Expenses | - | -15 | -16 | -9 | -21 |
| Interest Income Non Operating | - | 67 | 65 | 85 | 103 |
| Interest Expense Non Operating | - | 162 | 162 | 242 | 274 |
| Net Non Operating Interest Income Expense | - | -114 | -120 | -187 | -203 |
| Pretax Income | - | 1,957 | 2,203 | 1,936 | 2,569 |
| Tax Provision | - | 436 | 534 | 492 | 590 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -32.78 | 2.42 | -102.42 | 0.23 |
| Net Income Continuous Operations | - | 1,521 | 1,669 | 1,444 | 1,979 |
| Net Income From Continuing And Discontinued Operation | - | 1,508 | 1,669 | 1,418 | 1,942 |
| Net Income From Continuing Operation Net Minority Interest | - | 1,508 | 1,669 | 1,418 | 1,942 |
| Net Income | - | 1,508 | 1,669 | 1,418 | 1,942 |
| Net Income Common Stockholders | - | 1,508 | 1,669 | 1,418 | 1,942 |
| Net Income Including Noncontrolling Interests | - | 1,521 | 1,669 | 1,444 | 1,979 |
| Normalized Income | - | 1,622.22 | 1,661.42 | 1,718.58 | 1,941.23 |
| Diluted NI Availto Com Stockholders | - | 1,508 | 1,669 | 1,418 | 1,942 |
| Basic Average Shares | - | 457.11 | 458.52 | 460 | 456 |
| Diluted Average Shares | - | 458.36 | 459.78 | 461 | 456 |
| Reconciled Depreciation | - | 816 | 792 | 933 | 923 |
| Reconciled Cost Of Revenue | - | 11,096 | 11,582 | 13,227 | 13,461 |
| Total Unusual Items | - | -147 | 10 | -403 | 1 |
| Total Unusual Items Excluding Goodwill | - | -147 | 10 | -403 | 1 |
| Minority Interests | - | -13 | 0 | -26 | -37 |
| Special Income Charges | - | -147 | 10 | -403 | 1 |
| Other Special Charges | - | - | -107 | - | -104 |
| Impairment Of Capital Assets | - | 0 | 0 | 135 | 0 |
| Restructuring And Mergern Acquisition | - | 147 | 97 | 268 | 103 |
| Depreciation And Amortization In Income Statement | - | 446 | 465 | 518 | 502 |
| General And Administrative Expense | - | 367 | 382 | 459 | 430 |
| Total Other Finance Cost | - | 19 | 23 | 30 | 32 |
| Selling And Marketing Expense | - | 1,620 | 1,820 | 1,895 | 1,921 |
| Otherunder Preferred Stock Dividend | - | 0 | 0 | 0 | 0 |
| Amortization | - | 101 | 136 | 180 | 152 |
| Depreciation Income Statement | - | 345 | 329 | 338 | 350 |
Consumer Defensive sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Coca-Cola Europacific Partners PLCthis co. | CCEP | $40.7B | 20.98 | 5.20 | 24.8% | 13.40 |
| Keurig Dr Pepper Inc. | KDP | $40.9B | 19.67 | 1.60 | 8.1% | 13.36 |
| Archer-Daniels-Midland Company | ADM | $40.2B | 37.27 | 1.77 | 4.7% | 16.05 |
| The Kroger Co. | KR | $38.4B | 37.77 | 6.47 | 17.1% | 10.37 |
| The Hershey Company | HSY |
| 2021 | - | - | - | - | - | - | - |
| $37.1B |
| 41.96 |
| 7.99 |
| 19.0% |
| 21.55 |
| Sysco Corporation | SYY | $35.6B | 19.45 | 19.43 | 99.9% | 11.84 |
| Kenvue Inc. | KVUE | $32.4B | 22.05 | 3.01 | 13.7% | 13.40 |
| Kimberly-Clark Corporation | KMB | $31.4B | 15.52 | 20.88 | 134.6% | 12.17 |
| The Estée Lauder Companies Inc. | EL | $30.0B | - | 7.76 | -29.3% | 250.27 |
| Peer Median | - | 22.05 | 7.12 | 15.4% | 13.38 | |