TacticScaleWhat Coca-Cola Consolidated Does & How It Makes Money (COKE)
Updated October 2026 · reflects Coca-Cola Consolidated's latest reported financials
Largest US Coca-Cola bottler making and distributing nonalcoholic beverages. It earns revenue by manufacturing and selling packaged beverages and fountain syrups directly to retail, foodservice and vending customers, and by selling products to other Coca-Cola bottlers.
How Coca-Cola Consolidated makes money
It earns revenue by manufacturing and selling packaged beverages and fountain syrups directly to retail, foodservice and vending customers, and by selling products to other Coca-Cola bottlers.
What Coca-Cola Consolidated does
Coca-Cola Consolidated, Inc., founded in 1902 and headquartered in Charlotte, North Carolina, manufactures, markets and distributes nonalcoholic beverages in the United States. Its lineup covers sparkling drinks as well as still and noncarbonated products such as bottled water, enhanced water, juices, sports drinks, ready-to-drink coffee and tea, and energy products. It also makes and distributes other brands, including Dr Pepper and Monster Energy. The company sells directly to a wide range of customers: grocery, mass merchandise, club, convenience and drug stores, plus restaurants, schools, amusement parks, recreational facilities and vending outlets. It also sells post-mix fountain syrups, which retailers dispense to serve drinks in cups, and supplies products to other Coca-Cola bottlers. Formerly called Coca-Cola Bottling Co. Consolidated, it took its current name in January 2019.
Products & services
- Coca-Cola sparkling beverages
- Dr Pepper
- Monster Energy
- Bottled water and enhanced water
- Ready-to-drink coffee and tea
- Fountain post-mix syrups
What is Coca-Cola Consolidated worth?
On an owner-earnings DCF, Coca-Cola Consolidated's most-likely value is about $202 versus a recent price near $196 (3% below fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~$105) with a margin of safety — so the honest verdict here is “Fairly priced — no edge.” Fair value earns its keep only at the extremes, not in the wide middle.
Price sits in the normal range — fair value isn't actionable here; it earns its keep only when price drops below the no-growth floor, or runs to roughly double the optimistic case.
Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →
Related companies
The Coca-Cola (KO) · PepsiCo (PEP) · National Beverage (FIZZ) · The Vita Coco (COCO) · Molson Coors Beverage (TAP)