Battle for the Lead: Analysis of Coca-Cola and Pepsi from Financial Performance

Yifei Qian

doi:10.54254/2754-1169/50/20230545

Research Article

Open access

Published on 1 December 2023

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Qian,Y. (2023). Battle for the Lead: Analysis of Coca-Cola and Pepsi from Financial Performance. Advances in Economics, Management and Political Sciences,50,29-35.

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Battle for the Lead: Analysis of Coca-Cola and Pepsi from Financial Performance

Yifei Qian *^,1,

¹ The University of Hong Kong, Hong Kong, China

* Author to whom correspondence should be addressed.

https://doi.org/10.54254/2754-1169/50/20230545

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

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References

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Cite this article

Qian,Y. (2023). Battle for the Lead: Analysis of Coca-Cola and Pepsi from Financial Performance. Advances in Economics, Management and Political Sciences,50,29-35.

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About volume

Volume title: Proceedings of the 2nd International Conference on Financial Technology and Business Analysis

Conference website: https://www.icftba.org/

ISBN：978-1-83558-147-6(Print) / 978-1-83558-148-3(Online)

Conference date: 8 November 2023

Editor：Javier Cifuentes-Faura

Series: Advances in Economics, Management and Political Sciences

Volume number: Vol.50

ISSN：2754-1169(Print) / 2754-1177(Online)

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