Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
Series Vol. 50 , 01 December 2023
Open
Access | Article
Battle for the Lead: Analysis of Coca-Cola and Pepsi from Financial Performance
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Abstract
This paper comprehensively assesses the financial performance of two industry giants, Coca-Cola and PepsiCo, in the carbonated beverage industry. With their rich histories, distinct business strategies, and longstanding competition, these two companies have drawn significant attention from researchers. This paper aims to delve deeper into their financial performance, examining key aspects such as profitability, efficiency, liquidity, solvency, and market value. Drawing on financial statements from 2019 to 2021, this paper employs various matrices to evaluate the performance of both companies on a year-on-year and a like-for-like basis. The findings indicate that Coca-Cola possesses a robust portfolio of soda brands, surpassing PepsiCo’s billion-dollar soft drink brands. However, PepsiCo showcases a superior ability to innovate and navigate risks within the industry. Conducting a comprehensive assessment of the financial performance of Coca-Cola and PepsiCo can significantly enrich the existing body of research.
Keywords
Coca-Cola, PepsiCo, financial performance, financial ratio, corporate value
References
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2. Dhar, T., Chavas, J.-P., Cotterill, R. W., & Gould, B. W. An Econometric Analysis of Brand-Level Strategic Pricing Between Coca-Cola Company and PepsiCo. Journal of Economics Management Strategy, 14(4), 905–931. (2005).
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Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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- Volume Title
- Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
- ISBN (Print)
- 978-1-83558-147-6
- ISBN (Online)
- 978-1-83558-148-3
- Published Date
- 01 December 2023
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/50/20230545
- Copyright
- 01 December 2023
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited