Coca-Cola European Partners (CCEP) financial statements

Consumer Defensive · Beverages - Non-Alcoholic · Market cap $45.1B

Coca-Cola European Partners reported revenue of 20.9B EUR in fiscal 2025, up 9.6% a year over 9 years.

Net income was 1.9B EUR and the operating margin 13.4%, against 9.3% in 2016.

Free cash flow was 2.0B EUR, and the company returned 927M EUR in dividends and 40M EUR in net buybacks.

The diluted share count rose 18% over the period (dilution).

Revenue and free cash flow

Fiscal years, $ billions (EUR).

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<p style="font-size:13px">Source: <a href="https://investingly.io/stocks/CCEP/financials">Coca-Cola European Partners financials</a> on Investingly</p>

Income statement

Fiscal years, in EUR, from Coca-Cola European Partners's 10-K filings with the SEC.

Fiscal year	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	9.1B EUR	11.1B EUR	11.5B EUR	12.0B EUR	10.6B EUR	13.8B EUR	17.3B EUR	18.3B EUR	20.4B EUR	20.9B EUR
Cost of revenue	5.6B EUR	6.8B EUR	7.1B EUR	7.4B EUR	6.9B EUR	8.7B EUR	11.1B EUR	11.6B EUR	13.2B EUR	13.5B EUR
Gross profit	3.5B EUR	4.3B EUR	4.5B EUR	4.6B EUR	3.7B EUR	5.1B EUR	6.2B EUR	6.7B EUR	7.2B EUR	7.4B EUR
Selling, general and admin	1.6B EUR	1.5B EUR	1.9B EUR	1.7B EUR	1.7B EUR	2.1B EUR	1.2B EUR	1.3B EUR	1.7B EUR	1.4B EUR
Operating income	851M EUR	1.3B EUR	1.3B EUR	1.5B EUR	813M EUR	1.5B EUR	2.1B EUR	2.3B EUR	2.1B EUR	2.8B EUR
Interest expense	154M EUR	148M EUR	140M EUR	145M EUR	144M EUR	172M EUR	181M EUR	185M EUR	272M EUR	306M EUR
Pre-tax income	719M EUR	1.2B EUR	1.2B EUR	1.5B EUR	695M EUR	1.4B EUR	2.0B EUR	2.2B EUR	1.9B EUR	2.6B EUR
Income tax	170M EUR	471M EUR	296M EUR	364M EUR	197M EUR	394M EUR	436M EUR	534M EUR	492M EUR	590M EUR
Net income	549M EUR	688M EUR	909M EUR	1.1B EUR	498M EUR	982M EUR	1.5B EUR	1.7B EUR	1.4B EUR	1.9B EUR
EPS (diluted)	1.42 EUR	1.41 EUR	1.86 EUR	2.32 EUR	1.09 EUR	2.15 EUR	3.29 EUR	3.63 EUR	3.08 EUR	4.26 EUR
Diluted shares	385M	489M	488M	469M	456M	457M	458M	459M	461M	456M
Gross margin	38.9%	38.8%	38.7%	38.2%	35.2%	37.0%	35.9%	36.7%	35.3%	35.6%
Operating margin	9.3%	11.4%	11.3%	12.9%	7.7%	11.0%	12.0%	12.8%	10.4%	13.4%
Net margin	6.0%	6.2%	7.9%	9.1%	4.7%	7.1%	8.7%	9.1%	6.9%	9.3%

Balance sheet

Fiscal years, in EUR, from Coca-Cola European Partners's 10-K filings with the SEC.

Fiscal year	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Cash and short-term investments	386M EUR	360M EUR	309M EUR	316M EUR	1.5B EUR	1.4B EUR	1.4B EUR	2.0B EUR	1.7B EUR	957M EUR
Receivables	1.9B EUR	1.7B EUR	1.7B EUR	1.7B EUR	1.4B EUR	2.3B EUR	2.5B EUR	2.5B EUR	2.6B EUR	2.7B EUR
Inventory	673M EUR	650M EUR	693M EUR	723M EUR	681M EUR	1.2B EUR	1.4B EUR	1.4B EUR	1.6B EUR	1.5B EUR
Total current assets	3.4B EUR	3.3B EUR	3.0B EUR	3.1B EUR	4.1B EUR	5.8B EUR	6.5B EUR	6.6B EUR	6.6B EUR	6.1B EUR
Property, plant and equipment	4.0B EUR	3.8B EUR	3.9B EUR	4.2B EUR	3.9B EUR	5.2B EUR	5.2B EUR	5.3B EUR	6.4B EUR	6.2B EUR
Goodwill	2.4B EUR	2.5B EUR	2.5B EUR	2.5B EUR	2.5B EUR	4.6B EUR	4.6B EUR	4.5B EUR	4.7B EUR	4.5B EUR
Total assets	18.6B EUR	18.2B EUR	18.2B EUR	18.7B EUR	19.2B EUR	29.1B EUR	29.3B EUR	29.3B EUR	31.1B EUR	29.9B EUR
Total current liabilities	3.8B EUR	3.3B EUR	3.8B EUR	4.1B EUR	4.1B EUR	6.1B EUR	7.3B EUR	7.3B EUR	8.1B EUR	7.6B EUR
Long-term debt	5.6B EUR	5.5B EUR	5.1B EUR	5.6B EUR	6.4B EUR	11.8B EUR	10.6B EUR	10.1B EUR	9.9B EUR	10.2B EUR
Total liabilities	12.1B EUR	11.5B EUR	11.7B EUR	12.5B EUR	13.2B EUR	21.9B EUR	21.9B EUR	21.3B EUR	22.1B EUR	21.6B EUR
Shareholders' equity	6.5B EUR	6.7B EUR	6.6B EUR	6.2B EUR	6.0B EUR	7.0B EUR	7.4B EUR	8.0B EUR	8.5B EUR	7.8B EUR
Net debt	6.1B EUR	5.4B EUR	5.3B EUR	6.1B EUR	5.7B EUR	11.7B EUR	10.5B EUR	10.0B EUR	9.8B EUR	9.8B EUR

Cash flow

Fiscal years, in EUR, from Coca-Cola European Partners's 10-K filings with the SEC.

Fiscal year	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Operating cash flow	1.2B EUR	1.6B EUR	1.8B EUR	1.9B EUR	1.5B EUR	2.1B EUR	2.9B EUR	2.8B EUR	3.1B EUR	3.0B EUR
Capital spending	497M EUR	520M EUR	600M EUR	602M EUR	408M EUR	446M EUR	603M EUR	812M EUR	939M EUR	950M EUR
Free cash flow	747M EUR	1.1B EUR	1.2B EUR	1.3B EUR	1.1B EUR	1.7B EUR	2.3B EUR	2.0B EUR	2.1B EUR	2.0B EUR
Stock-based compensation	42M EUR	14M EUR	17M EUR	15M EUR	14M EUR	16M EUR	33M EUR	57M EUR	45M EUR	47M EUR
Dividends paid	204M EUR	489M EUR	513M EUR	574M EUR	386M EUR	638M EUR	763M EUR	841M EUR	910M EUR	927M EUR
Share buybacks (net)	0 EUR	0 EUR	-502M EUR	-1.0B EUR	-129M EUR	0 EUR	0 EUR	0 EUR	0 EUR	-40M EUR
Net borrowing	2.9B EUR	-810M EUR	-28M EUR	362M EUR	1.0B EUR	3.9B EUR	-938M EUR	-465M EUR	-199M EUR	-497M EUR
Free cash flow margin	8.2%	10.0%	10.5%	10.8%	10.2%	12.1%	13.4%	10.9%	10.4%	9.6%
Dividends per share	0.53 EUR	1.00 EUR	1.05 EUR	1.22 EUR	0.85 EUR	1.40 EUR	1.67 EUR	1.83 EUR	1.97 EUR	2.03 EUR

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Questions

What was Coca-Cola European Partners's revenue in 2025?

20.9B EUR in fiscal 2025, from its 10-K filing.

How much free cash flow does Coca-Cola European Partners generate?

2.0B EUR in fiscal 2025 (operating cash flow minus capital spending).

From Coca-Cola European Partners's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.