Is Coca-Cola Consolidated, Inc. (COKE) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 21.4% / 30% | 2.1% / 30% | 5.1% / 30% | 1.87% / 5% | ✓ HALAL |
| DJIM | 21.4% / 33% | 2.1% / 33% | 5.1% / 33% | 1.87% / 5% | ✓ HALAL |
| MSCI | 67.6% / 33% | 6.6% / 33% | 16.3% / 33% | 1.87% / 5% | ✗ NOT HALAL |
| S&P | 21.4% / 33% | 2.1% / 33% | 5.1% / 33% | 1.87% / 5% | ✓ HALAL |
| FTSE | 67.6% / 33% | 6.6% / 33% | 16.3% / 50% | 1.87% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 39.7% | |
| Operating Margin | 12.5% | |
| Net Margin | 7.9% | |
| Return on Equity (ROE) | 168.3% | |
| Return on Assets (ROA) | 12.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $932M |
| Free Cash Flow | $620M |
| Total Debt | $2.9B |
| Current Ratio | 1.3 |
| Total Assets | $4.3B |
Price & Trading
| Last Close | $180.02 |
| 50-Day MA | $179.19 |
| 200-Day MA | $142.61 |
| Avg Volume | 479K |
| Beta | 0.6 |
|
52-Week Range
$105.21
| |
About Coca-Cola Consolidated, Inc. (COKE)
Coca-Cola Consolidated, Inc., together with its subsidiaries, manufactures, markets, and distributes nonalcoholic beverages in the United States. It operates through Nonalcoholic Beverages and All Other segments. The company offers sparkling beverages; still beverages, including energy products; noncarbonated beverages, such as bottled water, ready to drink coffee and tea, enhanced water, juices, and sports drinks. It also sells its products to other Coca-Cola bottlers; and post-mix products that are dispensed through equipment, which mix the fountain syrups with carbonated or still water enabling fountain retailers to sell finished products to consumers in cups or glasses. In addition, the company manufactures and distributes various other beverage brands comprising Dr Pepper and Monster Energy. It sells and distributes its products directly to customers, including grocery stores, mass merchandise stores, club stores, convenience stores and drug stores, restaurants, schools, amusement parks, and recreational facilities, as well as vending machine outlets. The company was formerly known as Coca-Cola Bottling Co. Consolidated and changed its name to Coca-Cola Consolidated, Inc. in January 2019. Coca-Cola Consolidated, Inc. was founded in 1902 and is headquartered in Charlotte, North Carolina.
Purification Calculator
As a halal stock with 1.87% impermissible income, you need to purify your dividends.
Related Halal Stocks in Consumer Defensive
Frequently Asked Questions
Is Coca-Cola Consolidated, Inc. (COKE) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Coca-Cola Consolidated, Inc. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Coca-Cola Consolidated, Inc.'s debt ratio?
Coca-Cola Consolidated, Inc.'s debt ratio is 21.4% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 67.6%.
Does Coca-Cola Consolidated, Inc. require dividend purification?
Yes, Coca-Cola Consolidated, Inc. has an impermissible income ratio of 1.87%, which means 1.87% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are Coca-Cola Consolidated, Inc.'s key financial metrics?
Coca-Cola Consolidated, Inc. has a market capitalization of $12.1B, trailing P/E ratio of 26.6, and revenue of $7.2B. The company maintains a gross margin of 39.7% and a net margin of 7.9%. Return on equity stands at 168.3%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.