Coca-Cola generated about $727 of revenue per employee in 2025: $47.9B of revenue with approximately 65,900 employees. That is up from about $521 in 2022, as it sold company-owned bottlers (calculated from 10-K figures).
Sources: Coca-Cola Form 10-K for 2025 and earlier 10-Ks (SEC EDGAR). Analysis by The Business Engineer.
How we source: figures on this page come from the company’s own filings (SEC 10-K, 10-Q and earnings releases, or its annual report), with the period stated next to each number. Last refreshed October 2026. Our methodology.
Company explainer · Coca-Cola, explained
A 3-minute explainer of Coca-Cola's business model and latest numbers, built from its SEC filings. Analysis by The Business Engineer.
Coca-Cola in charts
More on Coca-Cola Revenue per Employee and its peers
Why Coca-Cola’s headcount keeps falling
Most people in the Coca-Cola system work for independent bottlers, not for The Coca-Cola Company. When Coca-Cola sells a company-owned bottler, those employees leave its headcount, even though the drinks, trucks and plants keep running.
That is why revenue per employee keeps rising: about $521 in 2022, $578 in 2023, $675 in 2024 and $727 in 2025 (calculated). It is the asset-light model in one number.
See Coca-Cola business model and who owns Coca-Cola.
Earlier figures and background
Coca-Cola generated $578,432 revenue per employee in 2023, compared to $521,261 in 2022, and $489,304 in 2021.
Frequently asked questions
How many employees does Coca-Cola have?
Approximately 65,900 at December 31, 2025 (Form 10-K).
Why is Coca-Cola’s headcount falling?
It has been refranchising (selling) company-owned bottling operations; their employees move to independent bottlers.
What is Coca-Cola’s revenue per employee?
About $727 in 2025 (calculated: revenue รท employees).
