• Interesting projects and dedicated colleagues
  • Good health and retirement benefits
  • All the Cokes you can drink


  • Old-style management that is slow to embrace telecommuting and work-life balance.
  • Limited advancement
  • Frequent relocation
  • Discourages "out of the box" thinking

The Bottom Line

  • If you're a team player, seek structure and enjoy basking in the glow of a global brand, you're a good fit for Coca-Cola. But iconoclasts who seek fast action on innovative ideas should look elsewhere.


Coke is it -- it being the #1 nonalcoholic beverage company, as well as one of the world's most recognizable brands. The Coca-Cola Company is home to 20 billion-dollar-brands, including four of the top five soft drinks: Coca-Cola, Diet Coke, Fanta, and Sprite. Other top brands include Minute Maid, Powerade, and vitaminwater. All told, the company owns or licenses and markets more than 500 beverage brands, mainly sparkling drinks but also waters, juice drinks, energy and sports drinks, and ready-to-drink teas and coffees. With the world's largest beverage distribution system, The Coca-Cola Company reaches thirsty consumers in more than 200 countries.


Coke manages seven main operating segments (most of them geographically-based), including: Eurasia and Africa; Europe; Latin America; North America; Asia Pacific; Bottling Investments; and Corporate. The North America operating segment generates the majority of its revenue from the sale of finished beverages, while the other geographic regions get most of their business from the manufacture and sale of beverage concentrates and syrups.

The Bottling Investments division focuses on the beverage company's owned bottling operations outside of North America. This segment helps to maximize the efficiency of its production, distribution, and marketing efforts. They include a 29% stake in Mexico's bottler Coca-Cola FEMSA (now the largest independent Coke bottler), 23% of European bottler Coca-Cola Hellenic Bottling, and 29% of Coca-Cola Amatil, a bottler and distributor of Coke products in Australia, New Zealand, and surrounding countries. Other major independent bottling partners include Arca Continental, New Coca-Cola Enterprises, and wire Beverages.

Geographic Reach

The world's largest beverage company rings up more than 55% of its sales outside the US, in some 200 countries worldwide across Eurasia, Africa, Europe, North America, and the Pacific Region. Important international markets include Asia, Latin America, and Europe, which make up 30% of revenue, combined.

Sales and Marketing

Not only is Coca-Cola one of the world's most recognizable and valuable brands, but The Coca-Cola Company supports the largest beverage distribution system in the world, made up of company-owned or controlled bottling and distribution operations, as well as independently owned bottling partners, distributors, wholesalers, and retailers. Beverages bearing trademarks owned by or licensed to them account for 1.9 billion of the approximately 57 billion beverage servings of all types consumed worldwide every day.

In 2014, about 81% of the company's worldwide unit case volume was outside of the US. The largest unit case volumes were in Mexico, China, Brazil, and Japan, which made up 31% of worldwide total. Of these international unit case volumes, 74% held sparkling beverages while the rest held still beverages.

To keep its brand foremost in the mind of consumers, the company spent $3.5 billion on advertising in 2014, up from roughly $3.26 billion in 2013 and 2012.

Financial Performance

Sales fell for a second straight year in 2014, with revenue dipping by 2% to $46 billion. The Coca-Cola Company's revenues declined by due to the unfavorable impact of its geographic mix as it sold more lower-margin products in emerging and developing markets and fewer higher-margin products in developed markets. Europe, which increased sales by 4%, was the only geographic region that enjoyed growth.

The company's net income dropped by 17% to $7.1 billion, mostly from a combination of lower revenue and the unfavorable impact of foreign currency fluctuations that decreased consolidated net operating income by 6%.

Despite lower earnings, cash from operations inched up by 1% to $10.62 billion, mostly because in 2013 it had used more cash toward irregular, incremental pension contributions.


The popularity of soft drinks, especially in mature markets, has been on the decline since about 2005 as negative publicity about obesity and other health risks continues to threaten sales. As a result, The Coca-Cola Company and other top soft drink makers are turning toward other parts of their noncarbonated product portfolio for growth, such as fruit juices, sports and energy drinks, and bottled water and tea beverages. 

A part of the plan to rely less on the old way of doing business, and compensate for falling sales amidst changing tastes, the company is selling many of its low-margin bottling operations to concentrate on higher margin operations like selling concentrates and syrups to bottlers.

The Coca-Cola Company is also looking to relatively undeveloped markets with a growing middle class and money to spend on soft drinks and juices. To that end, it announced it will invest $5 billion with its bottling partners in Africa by 2020, raising its investment in the region to $17 billion from 2010 to 2020. Coke plans to build new manufacturing capacity, develop sustainability initiatives and create jobs.

In a move that supports expanding its fruit-based drinks portfolio and investing in Africa, in late 2014 The Coca-Cola Company announced a partnership with alcoholic beverage company SABMiller and South Africa's Gutsche Family Investments to create Coca-Cola Beverages Africa, the continent's largest bottler. The new company will serve about a dozen high-growth markets, where disposable incomes and the population are growing, and handle about 40% of the beverage company's African volume. In exchange for its $260 million investment, The Coca-Cola Company will receive an 11% interest in the bottler and SABMiller's global Appletiser brand of carbonated juices as well as about 20 other African and Latin American non-alcoholic beverage brands. Gutsche Family Investments already controls Coca-Cola Sabco, a Coke bottler since 1940 with operations in seven African countries. Coca-Cola Beverages Africa will absorb most of SABMiller's non-alcoholic operations on the continent as well as Coca-Cola Sabco's plants.

Also in 2014, the company teamed up with Keurig Green Mountain, entering into a 10-year global strategic agreement to collaborate on the development and introduction of The Coca-Cola Company global brand portfolio for use in Keurig Green Mountain's Keurig Kold at-home beverage system. It purchased a 16% stake in Monster Beverage Corporation in a long-term strategy to accelerate growth for both companies in the fast-growing, global energy drink industry.

In 2013 Coca-Cola opened a new bottling plant in Myanmar as part of a planned $200 million investment during the next five years there which also includes adding more than 22,000 jobs during that time period.

Mergers and Acquisitions

Diversifying its portfolio, in 2014 the company acquired a 16.7% equity stake in Monster Beverage Corp., a leading maker of energy drinks. Under the terms of the deal, The Coca-Cola Company will transfer ownership of its worldwide energy business, including NOS, Full Throttle, Burn, Mother, Play and Power Play, and Relentless, to Monster; and Monster will transfer its non-energy business, including Hansen's Natural Sodas, Peace Tea, Hubert's Lemonade and Hansen's Juice Products, to The Coca-Cola Company.

In 2013 it bought ZICO Beverages, a maker of ZICO Pure Premium Coconut Water.

Growing its distribution network, in 2013 The Coca-Cola Company bought Sacramento Coca-Cola Bottling Company, the sixth-largest independent Coca-Cola bottler in the nation that serves nine northern California counties.

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1 Coca Cola Plz Nw
Atlanta, GA 30313-2499
Phone: 1 (404) 676-2121
Fax: 1 (404) 676-8429


  • Employer Type: Public
  • Stock Symbol: KO
  • Stock Exchange: NYSE
  • Chairman and CEO: Muhtar Kent
  • President and COO: James R. Quincey
  • EVP and CFO: Kathy N. Waller

Major Office Locations

  • Atlanta, GA

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