CCEP · NASDAQ · Beverages - Non-Alcoholic

Coca-Cola Europacific Partners (CCEP)

Manufactures and distributes Coca-Cola system beverages across Europe and Asia-Pacific territories.

$100.69
vs last close−1.62 (−1.58%)
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Coca-Cola Europacific Partners PLCCCEP
Consumer Staples

Manufactures, sells, and distributes Coca-Cola system beverages across Europe and Asia-Pacific. The portfolio spans sparkling drinks, energy, hydration, tea, coffee, and alcohol ready-to-drink products, while revenue remains weighted toward Europe and depends on territorial bottling agreements.

Manufactures, packages, sells, and distributes finished beverages under territorial bottling agreements. The portfolio is anchored by Coca-Cola Original Taste, Coca-Cola Zero Sugar, Diet Coke or Coca-Cola Light, Sprite, and Fanta, alongside Monster, Powerade, Costa ready-to-drink coffee, and alcohol ready-to-drink partnerships.

Operations are organized into Europe and Australia, Pacific & Southeast Asia. Local market knowledge is paired with manufacturing, cold-drink distribution, and route-to-market coverage across a broad customer base, while Europe supplies most revenue.

Core trademarks and concentrate supply remain with The Coca-Cola Company and other franchisors, leaving brand rights, input economics, and territorial authorization as structural dependencies. Beverage taxes, packaging and recycling rules, and water availability also directly shape the product portfolio and operating network.

Company facts

CEODamian Gammell
ListedSep 13, 2021
ExchangeNASDAQ
HeadquartersUxbridge, United Kingdom
CountryUnited Kingdom
Employees39,000
CIK0001650107
ISINGB00BDCPN049

Market cap$45.35B
EPS (ttm)$5.07
P/E (ttm)20.19
ROE24.8%
P/B4.80
P/S1.86
Dividend yieldDiv yield2.22%
Beta0.13vs XLP 0.88

Price target$111.00+8.5%Average of 28 analysts
ConsensusBuy14 of 28 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 13, 2026UBSDowngrade
Rating: BuyTarget: $109
Rating: NeutralTarget: $107
Aug 13, 2026Goldman SachsUpgrade
Rating: Buy
Rating: Market Perform
Aug 6, 2026BarclaysReiterate
Rating: Target: $108
Rating: OverweightTarget: $119
Aug 5, 2026BernsteinReiterate
Rating: Target:
Rating: Market PerformTarget: $106
Jul 8, 2026Wells FargoReiterate
Rating: Target: $110
Rating: OverweightTarget: $115

EPSReportedEstimate

Feb '24Aug '24Nov '24Feb '25Mar '25Aug '25Feb '26Aug '26
Reported$2.05$2.11$2.11$2.05$2.05$2.38$2.45$2.51
Estimate$2.00$2.05$2.05$2.03$2.03$2.41$2.40$2.47
Surprise+2.5%+2.9%+2.9%+1.0%+1.0%−1.2%+2.1%+1.6%

RevenueReportedEstimate

Feb '24Aug '24Nov '24Feb '25Mar '25Aug '25Feb '26Aug '26
Reported$10.29B$10.29B$10.57B$11.08B$11.08B$12.04B$12.48B$12.25B
Estimate$10.38B$10.38B$10.72B$10.98B$10.98B$12.11B$12.54B$12.22B
Surprise−0.8%−0.8%−1.4%+1.0%+1.0%−0.6%−0.5%+0.2%
Estimate$2.47
Reported$2.51+1.6%
Estimate$12.22B
Reported$12.25B+0.2%
View details

Debt to equity147.20%
Current ratio88.90%

ProfitabilityRevenueNet incomeNet margin

Q4 FY22Q2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25Q2 FY26
Revenue$10.31B$10.24B$10.63B$11.21B$12.10B$11.72B$12.12B$12.23B
Net income$959.1M$973.9M$929.4M$908.9M$708.2M$1.04B$1.17B$1.10B
Net margin9.3%9.5%8.7%8.1%5.9%8.9%9.7%9.0%

GrowthOperating income

Q4 FY22Q2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25Q2 FY26
Operating income$1.28B$1.33B$1.33B$1.30B$1.13B$1.56B$1.63B$1.66B
YoY growth+12.3%+21.0%+4.5%−2.4%−15.3%+19.4%+44.3%+6.9%

Balance sheet, Jun 30, 2026Cash & short-term investments $2.27B · Total debt $13.89B · Total assets $37.03B · Shareholders' equity $9.44B

Revenue
$12.23B
Operating income
$1.66B
Net income
$1.10B

Reported in EUR, converted at the latest exchange rate

View details

Dividend yield
2.22%
Next ex-date
Nov 15, 26
estimated · in 53 days
Annual dividend
$2.27
per share
Schedule
Semi-annual
2 payments a year

HistoryDividendAnnual yield

Nov '22May '23Nov '23May '24Nov '24May '25Nov '25May '26
Dividend$1.11$0.7313$1.23$0.79$1.2958$0.8801$1.4516$0.82
Annual yield3.35%2.79%3.26%2.74%2.75%2.46%2.58%2.54%
Ex-dateNov 17May 11Nov 16May 9Nov 15May 16Nov 14May 15
Payment dateDec 7May 25Dec 5May 23Dec 3May 27Dec 3May 27
View details

Institutions34.96%154.94M shares
593 holders · as of Jun 30, 2026
Strategic holders17.82%78.97M shares
1 holder · as of May 13, 2025
Other47.22%209.30M shares
remainder

443.22M company shares as of Aug 26, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
The Coca-Cola CompanyStrategic
17.82%78.97Mfiled May 13, 2025
Capital World InvestorsInstitution
6.16%27.30Mfiled Feb 14, 2020
Invesco Ltd.Institution
5.56%24.65Mas of Jun 30, 2026
BlackRock, Inc.Institution
3.11%13.80Mas of Jun 30, 2026
Goldman Sachs Group IncInstitution
1.51%6.71Mas of Jun 30, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

  • PepsiCo

    Broad rival across cola, flavored soft drinks, hydration, and energy

Compare

CompanyPriceChange
Coca-Cola Europacific Partners$100.69−1.58%$45.35B20.21.9+1.8%
PepsiCo$130.32−0.67%$179.21B17.214.91.8+6.4%
Median17.214.91.8+6.4%