Coca-Cola Europacific Partners PLC (CCEP) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 22	—	$3.57	—	—	—	—
Q4 21	—	$1.76	—	—	—	—
Q3 21	—	$3.24	—	—	—	—
Q2 21	—	$1.31	—	—	—	—
Q1 21	—	$2.05	—	—	—	—
Q4 20	$0.46	$0.14	-69.6%	—	—	—
Q3 20	$0.59	$0.53	-10.2%	—	—	—
Q2 20	$0.85	$0.53	-37.6%	—	—	—
Q1 20	$0.77	$0.44	-42.9%	—	—	—
Q4 19	$0.37	$0.44	+18.9%	—	—	—
Q3 19	$0.53	$0.54	+1.9%	—	—	—
Q2 19	$0.76	$0.76	0.0%	—	—	—
Q1 19	$0.65	$0.67	+3.1%	—	—	—
Q4 18	$0.32	$0.33	+3.1%	—	—	—
Q3 18	$0.46	$0.49	+6.5%	—	—	—
Q2 18	$0.69	$0.68	-1.4%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$4.26	—	—	$20.9B	—
FY24	—	$3.08	—	—	$20.4B	—
FY23	—	$3.64	—	—	$18.3B	—
FY22	—	$3.3	—	—	$20.3B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$9.1B	$11.1B	$11.5B	$12B	$10.6B	$13.8B	$20.3B	$18.3B	$20.4B	$20.9B
YoY change	+44.3%	+21.1%	+4.12%	+4.33%	-11.7%	+29.8%	+47.7%	-9.94%	+11.7%	+2.27%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	9.1B	11.1B	11.5B	12B	10.6B	13.8B	20.3B	18.3B	20.4B	20.9B
Cost of revenue	5.6B	6.8B	7.1B	7.4B	6.9B	8.7B	13B	11.6B	13.2B	13.5B
Gross profit	3.5B	4.3B	4.5B	4.6B	3.7B	5.1B	7.3B	6.7B	7.2B	7.4B
Gross margin	38.9%	38.8%	38.7%	38.2%	35.2%	37%	35.9%	36.7%	35.3%	35.6%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	2.7B	3B	3.2B	3B	1.1B	1.5B	2.3B	2.2B	2.4B	2.4B
Operating expenses	2.7B	3B	3.2B	3B	1.1B	1.5B	2.3B	2.2B	2.4B	2.4B
Operating income	851M	1.3B	1.3B	1.5B	1.1B	1.7B	2.6B	2.3B	2.5B	2.8B
Operating margin	9.32%	11.4%	11.3%	12.9%	10.7%	12.4%	12.9%	12.7%	12.4%	13.4%
Non-operating income, net	—	—	—	—	—	—	—	—	—	—
Pretax income	719M	1.2B	1.2B	1.5B	695M	1.4B	2.3B	2.2B	1.9B	2.6B
Income tax	170M	471M	296M	364M	197M	394M	511.6M	534M	492M	590M
Net income	549M	688M	909M	1.1B	498M	988M	1.8B	1.7B	1.4B	2B
Net margin	6.01%	6.22%	7.89%	9.07%	4.7%	7.18%	8.78%	9.12%	7.07%	9.47%
EBITDA	1.2B	1.8B	1.9B	2.2B	1.8B	2.5B	3.6B	3.1B	3.5B	3.8B
EPS	1.14	1.42	1.91	2.34	1.09	2.15	3.3	3.64	3.08	4.26
Diluted EPS	1.14	1.41	1.86	2.32	1.09	2.15	3.29	3.63	3.08	4.26

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 16	Q3 16	Q4 16	Q1 17	Q2 17	Q3 17	Q4 17	Q1 18	Q2 18	Q3 18	Q4 18	Q2 19
Revenue	2.2B	3B	2.6B	2.4B	3.1B	3B	2.7B	2.4B	3.1B	3.3B	2.8B	—
Cost of revenue	1.4B	1.8B	1.5B	1.5B	1.9B	1.8B	1.7B	1.5B	1.9B	2B	1.7B	—
Gross profit	808M	1.2B	1.1B	914M	1.2B	1.2B	985M	887M	1.2B	1.3B	1.1B	—
Gross margin	37.2%	40.3%	41.8%	38.4%	39.3%	40.1%	37%	37.3%	39.5%	39.6%	37.9%	—
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	599M	809M	957M	695M	785M	763M	787M	700M	789M	803M	866M	—
Operating expenses	599M	809M	957M	695M	785M	763M	787M	700M	789M	803M	866M	—
Operating income	209M	405M	132M	219M	416M	427M	198M	187M	418M	501M	194M	—
Operating margin	9.63%	13.5%	5.07%	9.19%	13.6%	14.4%	7.44%	7.86%	13.7%	15.2%	6.94%	—
Non-operating income, net	—	-1M	—	—	—	-2M	—	—	—	—	—	—
Pretax income	168M	375M	95M	195M	389M	397M	178M	166M	394M	478M	167M	—
Income tax	17M	48M	83M	48M	91M	93M	239M	42M	101M	120M	33M	—
Net income	151M	327M	12M	147M	298M	304M	-61M	124M	293M	358M	134M	—
Net margin	6.96%	10.9%	0.46%	6.17%	9.76%	10.3%	-2.29%	5.21%	9.58%	10.9%	4.8%	—
EBITDA	287.3M	547M	237M	356M	553M	567M	314M	325M	556M	639M	331M	—
EPS	0.66	0.68	—	0.3	0.62	0.63	—	0.26	0.6	0.74	—	0
Diluted EPS	0.45	0.67	—	0.3	0.61	0.62	—	0.25	0.6	0.73	—	0

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	—	18.6B	21B	22.9B	21.9B	23.6B	—	—	35.3B	41.4B	41.4B
Enterprise value	—	24B	26.3B	29B	27.6B	35.3B	—	—	45B	51.1B	51.1B
Shares outstanding	466.2M	467.5M	458.3M	449.5M	440M	421.7M	536.2M	458.5M	460M	456M	456M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	27.1	23.1	21	44	23.9	—	—	24.5	20.9	20.9
P/S	—	1.68	1.82	1.9	2.07	1.71	—	—	1.73	1.98	1.98
P/B	—	2.79	3.2	3.72	3.64	3.27	—	—	3.93	4.98	4.98
EV/EBITDA	—	13.4	14.2	13	14.9	14.1	—	—	12.8	13.6	13.6
EV/Sales	—	2.17	2.29	2.41	2.6	2.56	—	—	2.2	2.44	2.44
Earnings yield	—	3.69%	4.33%	4.77%	2.27%	4.19%	—	—	4.09%	4.78%	4.78%
FCF yield	—	5.92%	5.74%	5.69%	4.93%	7.09%	—	—	6.01%	4.84%	4.84%

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	38.9%	38.8%	38.7%	38.2%	35.2%	37%	35.9%	36.7%	35.3%	35.6%	35.6%
Operating margin	9.32%	11.4%	11.3%	12.9%	10.7%	12.4%	12.9%	12.7%	12.4%	13.4%	13.4%
Net margin	6.01%	6.22%	7.89%	9.07%	4.7%	7.18%	8.78%	9.12%	7.07%	9.47%	9.47%
ROE	8.5%	10.3%	13.8%	17.7%	8.27%	13.7%	20.4%	20.9%	16.1%	23.8%	23.8%
ROA	2.96%	3.78%	4.99%	5.83%	2.59%	3.4%	5.19%	5.71%	4.64%	6.62%	6.62%
ROIC	5.19%	6.2%	8.26%	9.46%	6.93%	6.44%	9.8%	10.1%	10.2%	11.9%	11.9%
Return on tangible assets	-18.5%	-19%	-25.3%	-32.4%	-19%	-18.2%	-31.1%	-36.6%	-38.3%	-47.3%	-47.3%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	0.91	1.01	0.79	0.75	0.98	0.95	0.89	0.91	0.81	0.8	0.8
Quick ratio	0.73	0.81	0.61	0.58	0.82	0.76	0.71	0.72	0.62	0.6	0.6
Debt / equity	1	0.86	0.86	1.04	1.19	1.82	1.6	1.43	1.26	1.29	1.29
Debt / assets	0.35	0.32	0.31	0.34	0.37	0.45	0.41	0.39	0.36	0.36	0.36
Net debt / EBITDA	4.89	3.01	2.87	2.74	3.07	4.67	3.33	2.99	2.74	2.59	2.59
Interest coverage	5.96	9.22	9.99	11.6	6.79	10	13.1	14.6	9	10.4	10.4
Effective tax rate	23.6%	40.6%	24.6%	25%	28.3%	28.5%	22.3%	24.2%	25.4%	23%	23%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	19.6	23.7	25.1	26.7	24.1	32.6	37.9	39.9	44.4	45.8	45.8
EPS (basic)	1.14	1.42	1.91	2.34	1.09	2.15	3.3	3.64	3.08	4.26	4.26
EPS (diluted)	1.14	1.41	1.86	2.32	1.09	2.15	3.29	3.63	3.08	4.26	4.26
Book value per share	13.9	14.3	14.3	13.7	13.7	17.1	16.3	17.4	19.5	18.2	18.2
FCF per share	1.6	2.36	2.63	2.9	2.46	3.96	5.1	4.35	4.61	4.39	4.39
Cash per share	0.83	0.77	0.67	0.7	3.46	3.47	3.6	4.33	3.72	2.1	2.1
Capex per share	0.96	0.97	1.14	1.1	0.68	0.77	1.07	0.31	0.32	0.44	0.44

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	4.89%	4.09%	4.52%	4.12%	2.82%	2.35%	2.82%	0.76%	0.72%	0.96%	0.96%
Capex / operating cash flow	51.6%	34.6%	41.6%	29.9%	31.8%	25.9%	30.4%	4.99%	4.84%	6.77%	6.77%
Payout ratio	37.2%	71.1%	56.4%	52.7%	77.5%	64.6%	50.2%	50.4%	63%	46.8%	46.8%
Dividend yield	—	2.62%	2.44%	2.51%	1.76%	2.71%	—	—	2.58%	2.24%	2.24%

Yield

—

trailing twelve months

Frequency

Semi-annual

Last dividend

$0.96

ex-dividend May 15, 2026

Payout ratio

47%

of earnings

Dividend growth

5 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
May 15, 2026	$0.96
Nov 14, 2025	$1.43
May 16, 2025	$0.90

Period	Q2 16	Q3 16	Q4 16	Q1 17	Q2 17	Q3 17	Q4 17	Q1 18	Q2 18	Q3 18	Q4 18	Q2 19
Revenue	$2.2B	$3B	$2.6B	$2.4B	$3.1B	$3B	$2.7B	$2.4B	$3.1B	$3.3B	$2.8B	—
YoY change	+26.2%	+83.8%	+70.8%	+79.8%	+40.7%	-1.53%	+2.19%	-0.17%	+0.1%	+11%	+4.96%	—

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	386M	360M	309M	316M	1.5B	1.5B	1.9B	2B	1.7B	957M
Receivables	1.9B	1.7B	1.7B	1.7B	1.4B	2.3B	2.9B	2.5B	2.6B	2.7B
Inventory	673M	650M	693M	723M	681M	1.2B	1.6B	1.4B	1.6B	1.5B
Total current assets	3.4B	3.3B	3B	3.1B	4.1B	5.8B	7.7B	6.6B	6.6B	6.1B
Property, plant & equipment	2.5B	2.4B	2.4B	2.5B	2B	2.8B	3.2B	2.8B	3.6B	3.3B
Goodwill & intangibles	21.5B	21.8B	21.8B	22.1B	21.9B	34.5B	40.1B	33.8B	34.9B	34.1B
Total assets	18.6B	18.2B	18.2B	18.7B	19.2B	29.1B	34.4B	29.3B	31.1B	29.9B
Accounts payable	904M	1.1B	1.1B	1.1B	1.1B	1.7B	2.6B	2.3B	2.7B	2.7B
Short-term debt	874M	274M	491M	799M	805M	1.4B	1.6B	1.3B	1.4B	470M
Total current liabilities	3.8B	3.3B	3.8B	4.1B	4.1B	6.1B	8.6B	7.3B	8.1B	7.6B
Long-term debt	5.6B	5.5B	5.1B	5.6B	6.4B	11.8B	12.4B	10.1B	9.9B	10.2B
Total liabilities	12.1B	11.5B	11.7B	12.5B	13.2B	21.9B	25.7B	21.3B	22.1B	21.6B
Shareholders' equity	6.5B	6.7B	6.6B	6.2B	6B	7.2B	8.7B	8B	9B	8.3B
Total debt	6.4B	5.7B	5.6B	6.4B	7.2B	13.1B	14B	11.4B	11.3B	10.7B
Net debt	6B	5.4B	5.3B	6.1B	5.7B	11.7B	12.3B	10B	9.8B	9.8B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q2 16	Q3 16	Q4 16	Q1 17	Q2 17	Q3 17	Q4 17	Q1 18	Q2 18	Q3 18	Q4 18	Q2 19
Cash & short-term investments	482M	347M	386M	364M	306M	473M	360M	245M	368M	486M	309M	382M
Receivables	2.1B	2.1B	1.9B	1.8B	2.2B	1.9B	1.7B	1.7B	2B	1.9B	1.7B	2B
Inventory	769M	690M	673M	726M	802M	755M	650M	774M	815M	747M	693M	945M
Total current assets	3.9B	3.6B	3.4B	3.4B	3.8B	3.7B	3.3B	3.4B	3.8B	3.7B	3B	3.7B
Property, plant & equipment	—	—	2.5B	—	—	—	2.4B	—	—	—	2.4B	4.2B
Goodwill & intangibles	21.3B	21.2B	21.5B	21.5B	21.8B	21.8B	21.8B	21.8B	21.8B	21.8B	21.8B	21.8B
Total assets	18.7B	18.5B	18.6B	18.5B	18.8B	18.7B	18.2B	18.2B	18.6B	18.6B	18.2B	19.1B
Accounts payable	2.4B	2.4B	904M	2.3B	2.6B	2.6B	1.1B	2.4B	2.8B	3.1B	1.1B	3.1B
Short-term debt	529M	397M	874M	875M	1.1B	900M	274M	394M	395M	92M	491M	620M
Total current liabilities	3.5B	3.4B	3.8B	3.7B	4.1B	3.9B	3.3B	3.3B	3.7B	3.7B	3.8B	4.3B
Long-term debt	6.3B	6B	5.6B	5.5B	5.3B	5.1B	5.5B	5.4B	5.3B	5.2B	5.1B	5.7B
Total liabilities	12.4B	12B	12.1B	12B	12.3B	12B	11.5B	11.5B	11.8B	11.7B	11.7B	12.8B
Shareholders' equity	6.3B	6.5B	6.5B	6.5B	6.6B	6.8B	6.7B	6.7B	6.8B	6.8B	6.6B	6.3B
Total debt	6.9B	6.4B	6.4B	6.4B	6.3B	6B	5.7B	5.8B	5.7B	5.3B	5.6B	6.3B
Net debt	6.4B	6.1B	6B	6.1B	6B	5.6B	5.4B	5.6B	5.3B	4.9B	5.3B	5.9B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	719M	1.2B	1.2B	1.5B	695M	1.4B	2.3B	2.2B	1.9B	2.6B
Depreciation & amortization	—	—	—	—	—	—	—	—	—	—
Stock-based compensation	42M	14M	17M	15M	14M	16M	38.7M	57M	45M	47M
Change in working capital	-17M	32M	-64M	90M	120M	-277M	-580.8M	119M	37M	-586M
Operating cash flow	867M	1.3B	1.3B	1.7B	940M	1.3B	1.9B	2.8B	3.1B	3B
Capital expenditure	-447M	-452M	-521M	-495M	-299M	-324M	-573.7M	-140M	-148M	-200M
Investing cash flow	-353M	-452M	-521M	-511M	-310M	-5.7B	-803.7M	-496M	-1.3B	-113M
Dividends paid	-204M	-489M	-513M	-574M	-386M	-638M	-895.2M	-841M	-910M	-927M
Share repurchases	-3B	0	-502M	-1B	-129M	0	0	0	0	-1B
Financing cash flow	-516M	-1B	-1.2B	-1.1B	307M	3.5B	-2.3B	-1.5B	-567M	-2.5B
Net change in cash	-2M	-185M	-430M	56M	937M	-931M	-1.3B	818M	1.2B	348M
Free cash flow	747M	1.1B	1.2B	1.3B	1.1B	1.7B	2.7B	2B	2.1B	2B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q1 16	Q2 16	Q3 16	Q4 16	Q1 17	Q2 17	Q3 17	Q4 17	Q1 18	Q2 18	Q3 18	Q4 18
Net income	57.7M	191.3M	375M	95M	195M	389M	397M	178M	166M	394M	478M	167M
Depreciation & amortization	—	—	—	—	—	—	—	—	—	—	—	—
Stock-based compensation	7.9M	19.1M	5M	10M	3M	4M	3M	4M	3M	4M	4M	6M
Change in working capital	-34.3M	-193.7M	111M	100M	2M	-465M	216M	158M	-132M	-299M	135M	232M
Operating cash flow	53.3M	55.7M	520M	238M	224M	-45M	644M	361M	58M	123M	640M	430M
Capital expenditure	-84M	-70M	-143M	-150M	-99M	-87M	-85M	-181M	-100M	-104M	-95M	-222M
Investing cash flow	-84M	-70M	-182M	-158M	-99M	-87M	-85M	-181M	-100M	-104M	-95M	-222M
Dividends paid	-59.4M	-62.6M	-81M	-1M	-82M	-204M	-102M	-101M	-126M	-126M	-127M	-134M
Share repurchases	—	—	0	0	—	—	—	—	—	—	-81M	-421M
Financing cash flow	56.8M	-163.8M	-3.7B	154M	-82M	-213M	-381M	-381M	-8M	-314M	-750M	-502M
Net change in cash	26M	-178M	-3.4B	234M	43M	-345M	178M	-201M	-50M	-295M	-205M	-294M
Free cash flow	31.4M	132.6M	486M	97M	83M	182M	563M	275M	-85M	486M	684M	121M

Coca-Cola Europacific Partners PLC Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history