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Coca-Cola Consolidated vs Reed'S: revenue, profit, margins and growth compared

Coca-Cola Consolidated brought in $7.2B of revenue in fiscal 2025, Reed'S $34.1M in fiscal 2025. Revenue changed by +4.8% at Coca-Cola Consolidated and -10.2% at Reed'S on the year before, so Coca-Cola Consolidated grew faster. Coca-Cola Consolidated kept 7.9% of its revenue as net profit, Reed'S -46.5%. Free cash flow was $619.6M at Coca-Cola Consolidated and -$17.3M at Reed'S.

Side by side, latest fiscal year

COKEREED
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$7.2B$34.1M
Revenue growth+4.8%-10.2%
Net income$570.6M-$15.8M
Net margin7.9%-46.5%
Free cash flow$619.6M-$17.3M
Free cash flow margin8.6%-50.8%
Earnings per share (diluted)n/a-$1.91
Cash$281.9M$10.4M
Debt$2.8Bn/a
Price to earningsn/an/a
Market value$12.7B$7.7M
Dividend yieldn/an/a
Rank by revenue in sector#31 of 125 · Consumer staples#95 of 125 · Consumer staples

Over the years

Revenue
COKE FY2018: $4.6BCOKE FY2019: $4.8BCOKE FY2020: $5BCOKE FY2021: $5.6BCOKE FY2022: $6.2BCOKE FY2023: $6.7BCOKE FY2024: $6.9BCOKE FY2025: $7.2BREED FY2018: $38.1MREED FY2019: $33.8MREED FY2020: $41.6MREED FY2021: $49.6MREED FY2022: $53MREED FY2023: $44.7MREED FY2024: $38MREED FY2025: $34.1MFY18FY19FY20FY21FY22FY23FY24FY25
COKE $7.2BREED $34.1M
Net income
COKE FY2018: -$19.9MCOKE FY2019: $11.4MCOKE FY2020: $172.5MCOKE FY2021: $189.6MCOKE FY2022: $430.2MCOKE FY2023: $408.4MCOKE FY2024: $633.1MCOKE FY2025: $570.6MREED FY2018: -$10.3MREED FY2019: -$16.1MREED FY2020: -$10.2MREED FY2021: -$16.4MREED FY2022: -$20.1MREED FY2023: -$15.5MREED FY2024: -$13.2MREED FY2025: -$15.8MFY18FY19FY20FY21FY22FY23FY24FY25
COKE $570.6MREED -$15.8M
Net margin
COKE FY2018: -0.4%COKE FY2019: 0.2%COKE FY2020: 3.4%COKE FY2021: 3.4%COKE FY2022: 6.9%COKE FY2023: 6.1%COKE FY2024: 9.2%COKE FY2025: 7.9%REED FY2018: -27.1%REED FY2019: -47.6%REED FY2020: -24.5%REED FY2021: -33.1%REED FY2022: -37.8%REED FY2023: -34.7%REED FY2024: -34.7%REED FY2025: -46.5%FY18FY19FY20FY21FY22FY23FY24FY25
COKE 7.9%REED -46.5%
Revenue growth
COKE FY2019: +4.3%COKE FY2020: +3.7%COKE FY2021: +11.1%COKE FY2022: +11.5%COKE FY2023: +7.3%COKE FY2024: +3.7%COKE FY2025: +4.8%REED FY2019: -11.2%REED FY2020: +23.0%REED FY2021: +19.2%REED FY2022: +6.9%REED FY2023: -15.7%REED FY2024: -15.1%REED FY2025: -10.2%FY19FY20FY21FY22FY23FY24FY25
COKE +4.8%REED -10.2%
Free cash flow
COKE FY2018: $30.6MCOKE FY2019: $119MCOKE FY2020: $292.4MCOKE FY2021: $366.1MCOKE FY2022: $255.9MCOKE FY2023: $528.4MCOKE FY2024: $505.3MCOKE FY2025: $619.6MREED FY2018: -$9.4MREED FY2019: -$18.5MREED FY2020: -$9.6MREED FY2021: -$17.9MREED FY2023: -$4.4MREED FY2024: -$6.3MREED FY2025: -$17.3MFY18FY19FY20FY21FY22FY23FY24FY25
COKE $619.6MREED -$17.3M

Fiscal years as each company reports them; the two may end in different months.

Questions about Coca-Cola Consolidated and Reed'S

Which is bigger by revenue, Coca-Cola Consolidated or Reed'S?

Coca-Cola Consolidated is bigger by revenue: $7.2B in fiscal 2025, against $34.1M for Reed'S in fiscal 2025.

Which keeps more of its revenue as profit, Coca-Cola Consolidated or Reed'S?

Coca-Cola Consolidated had a net margin of 7.9% in fiscal 2025; Reed'S had -46.5% in fiscal 2025.

Which grew revenue faster, Coca-Cola Consolidated or Reed'S?

In their latest fiscal years revenue changed by +4.8% at Coca-Cola Consolidated and -10.2% at Reed'S.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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