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87 - Coca-Cola

Bottles of Coca-Cola Co. soda are displayed during a shareholders shopping day ahead of the Berkshire Hathaway annual meeting in Omaha, Nebraska, U.S., on Friday, May 4, 2018. Berkshire Hathaway Inc. investors should get ready for a bumpy ride. Warren Buffett's company is scheduled to report earnings Saturday morning before its annual meeting, and a new accounting rule could sink results. Photographer: David Williams/Bloomberg via Getty Images - David Williams — Bloomberg via Getty Images
Bottles of Coca-Cola Co. soda are displayed during a shareholders shopping day ahead of the Berkshire Hathaway annual meeting in Omaha, Nebraska, U.S., on Friday, May 4, 2018. Berkshire Hathaway Inc. investors should get ready for a bumpy ride. Warren Buffett's company is scheduled to report earnings Saturday morning before its annual meeting, and a new accounting rule could sink results. Photographer: David Williams/Bloomberg via Getty Images David Williams — Bloomberg via Getty Images

Coca-Cola is the world’s largest beverage company; drinks that bear one of its trademarks account for more than 1.9 billion of the 60 billion servings of all beverages consumed globally every day. That means, however, that management has had to rethink its iconic portfolio as consumers move away from the sugary drinks that have long fueled its empire. Coca-Cola has invested in juices, teas, coffees, and beverages made with organic and natural ingredients. It’s also been reducing sugar, using alternative sweeteners throughout its existing portfolio, and offering smaller can sizes. Revenue was down for the year, as were profits, which took a hit from a $3.6 billion one-time charge related to tax reform.

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Key Metrics & Financials (Last Fiscal Year)

Previous Rank64
Revenues ($M)$35410
Revenue Percent Change-15.4%
Profits ($M)$1248.0
Profits Percent Change-80.9%
Assets ($M)$87896
Market Value — as of March 29, 2018 ($M)$185207
Employees61800

Company Facts

Employees61800
SectorFood, Beverages & Tobacco
IndustryBeverages
HQ LocationAtlanta
CEOJames R. Quincey
CEO Title-
Websitewww.coca-colacompany.com
Years on Fortune 500 List24

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