公司概述
Coca-Cola Consolidated, Inc. operates as a specialized distributor and manufacturer of nonalcoholic beverages within the United States, managing operations through its Nonalcoholic Beverages and All Other segments to deliver sparkling and still beverage products to retailers and foodservice channels. The company is categorized within the Consumer Defensive sector and the Beverages - Non-Alcoholic industry, classifications that reflect its role in providing essential consumer goods with relatively stable demand patterns regardless of broader economic fluctuations. In terms of scale, the firm maintains a market capitalization of $13.91B and generates annual revenue totaling $7.23B, supported by a workforce of approximately 15000 employees. These valuation and revenue figures indicate that the company possesses a substantial market presence, positioning it as a significant player in the regional beverage distribution landscape with the capacity to influence supply chain dynamics and pricing power within its specific operational footprint.
财务健康
The company reports a trailing twelve-month revenue of $7.23B and a corresponding net income of $570.58M, while its EBITDA stands at $1.16B, illustrating a substantial gap between top-line revenue and bottom-line profit that highlights a rigorous cost structure involving manufacturing, logistics, and distribution expenses. The entity generates free cash flow of $479.74M, a metric that signifies strong operational cash generation and provides the financial flexibility to fund capital expenditures, service debt obligations, or pursue strategic acquisitions without relying heavily on external financing. Profitability analysis reveals a gross margin of 39.7%, an operating margin of 7.4%, and a profit margin of 7.9%, where the gross margin indicates efficient production and sourcing, while the narrower operating and profit margins reflect the high fixed costs inherent in the heavy distribution and manufacturing business model. Regarding balance sheet leverage, total cash on hand amounts to $51.83M against total debt of $1.12B, resulting in a debt-to-equity ratio of 197.91, which suggests a highly leveraged capital structure rather than a conservative one. Liquidity is assessed via a current ratio of 1.26, indicating that the company holds sufficient current assets to cover its short-term liabilities, though the buffer is not excessively large. Finally, the return metrics show a Return on Equity of 168.3% and a Return on Assets of 12.3%, figures that reveal exceptional management effectiveness in generating shareholder value relative to equity, despite the high leverage impacting the asset-based return calculation.
估值评估
Valuation metrics for Coca-Cola Consolidated, Inc. show a P/E Ratio (TTM) of 30.70 compared to a Forward P/E of 5.37, a stark discrepancy that implies market expectations of significantly higher future earnings growth or potential one-time adjustments that are not currently reflected in the trailing earnings. The price-to-book ratio is listed as -18.81, an anomalous figure that indicates the market capitalization exceeds the book value of equity by a massive margin, suggesting a significant market premium over the reported book value likely driven by intangible assets, brand value, or specific accounting treatments for its capital-intensive operations. Alternative valuation measures include a price-to-sales ratio of 1.93 and an EV/EBITDA of 2.60, which suggest the company is trading at a premium relative to its sales but offers a very low multiple on its earnings before interest, taxes, depreciation, and amortization, potentially signaling undervaluation if earnings are expected to normalize. Price momentum is contextualized by a 52-week high of $219.65 and a 52-week low of $105.21, placing the current trading range within a wide band that reflects recent volatility or a specific market correction from its peak. The stock exhibits a beta of 0.60, indicating that its price volatility is substantially lower than that of the broader market, making it a less sensitive investment to general market swings.
Growth & Income
The financial trajectory is characterized by a Revenue Growth (YoY) of 8.3% and an Earnings Growth (YoY) of 265.8%, demonstrating that earnings are growing at a rate vastly faster than revenue, which implies a potential step-change in profitability, cost efficiencies, or asset write-downs that are disproportionately impacting the bottom line relative to sales expansion. As a dividend payer, the company offers a Dividend Yield of 0.5% with a Payout Ratio of 14.7%, a low payout ratio that suggests the dividend is highly sustainable given the current earnings levels and leaves ample room for retention or further dividend increases if profitability continues to accelerate. Given the extraordinary earnings growth, the firm is effectively capable of reinvesting a significant portion of its earnings into growth initiatives rather than distributing the maximum possible cash flow, although it does maintain a modest dividend program for income-focused shareholders. Overall, the company presents a profile of moderate revenue expansion coupled with explosive earnings growth and a sustainable, low-yield dividend, balancing income generation with aggressive profitability improvement.