Coles Group
Financial Performance
Coles Group Revenue & Financials
Revenue
~$28.1B (FY2024)
Market Cap
$23B
Net Income
~$716.6M
Employees
120,000
What is Coles Group's revenue?
Coles Group had ~$28.1B in revenue for fiscal year 2024, up 7.7% from 2023. Net income was ~$716.6M.
- Latest revenue
- ~$28.1B (FY2024)
- Year-over-year
- +7.7%
- Growth rate (CAGR)
- 1.5% over 9 years
- Peak revenue
- ~$28.1B (FY2024)
- Years of data
- 10
- Employees
- 120,000
- How much profit does Coles Group make?
- Coles Group reported net income of ~$716.6M for fiscal year 2024.
- How many employees does Coles Group have?
- Coles Group has about 120,000 employees.
Financial Analysis
Coles Group exhibits exceptional financial stability, disciplined capital allocation, and strong free cash flow generation. In fiscal year 2023/2024, Coles Group achieved total sales revenue of AUD $43.60 billion, up 5.7% year-over-year. Earnings before interest and tax (EBIT) reached AUD $1.95 billion, with Supermarkets EBIT rising 8.6% to AUD $1.78 billion. Operating cash flow exceeded AUD $3.5 billion, funding ongoing capital investments in automated fulfillment centers while distributing over AUD $850 million in ordinary fully franked dividends with a reliable 4.0%+ dividend yield. Coles maintains a strong BBB+ investment-grade credit rating with conservative leverage.
Revenue Trend Analysis
YoY Change
+7.7%
9-Year CAGR
+1.5%
Peak Year
2024
Trend
Mostly Growing
Coles Group has 10 full fiscal year figures on this page, compounding at +1.5% annually over 9 years. The most recent year saw a 7.7% increase versus the prior year. Annual revenue peaked in fiscal year 2024 at ~$28.1B. Of 9 comparable year-over-year steps, 6 showed growth and 3 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2024 | ~$28.1B | ~$716.6M | +7.7% |
| FY2023 | ~$26.1B | ~$708.2M | +2.8% |
| FY2022 | ~$25.4B | ~$676M | +2.0% |
| FY2021 | ~$24.9B | ~$648.2M | +3.1% |
| FY2020 | ~$24.1B | ~$630.8M | -2.0% |
| FY2019 | ~$24.6B | ~$695.3M | -2.8% |
| FY2018 | ~$25.3B | ~$659.8M | +0.4% |
| FY2017 | ~$25.2B | ~$686.9M | -0.1% |
| FY2016 | ~$25.3B | ~$803M | +2.5% |
| FY2015 | ~$24.6B | ~$805M | — |
Click any row to see year details.
Keep researching Coles Group
Coles Group Revenue and Financial FAQ
What was Coles Group's latest reported annual revenue?
In its latest audited financial reporting period, Coles Group recorded consolidated net revenue of AUD $43.6B ($28.8B), demonstrating durable revenue growth across its primary operating divisions.
How profitable is Coles Group?
Coles Group generates industry-leading profitability, combining disciplined cost management with high gross margins to deliver substantial net earnings and superior return on equity (ROE) throughout changing economic cycles.
What is Coles Group's capital and liquidity position?
Coles Group maintains a fortress balance sheet equipped with ample liquid cash reserves, conservative debt leverage, and capital adequacy ratios that provide substantial safety margins above statutory regulatory requirements.
Does Coles Group distribute capital to shareholders?
Coles Group executes a disciplined capital allocation strategy that balances internal reinvestment into digital innovation and strategic growth with sustainable ordinary dividends and accretive share repurchase programs.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Coles Group Revenue & Financials." CorpDigest, https://corpdigest.com/company/coles-group/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Coles Group reported ~$28.1B in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/coles-group/financials" target="_blank" rel="noopener">CorpDigest — Coles Group financials</a></div>Related Financial Audits
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