Vita Coco Company (COCO) Operating Margin (2020 - 2026)
Vita Coco Company's Operating Margin came in at 18.64% for Q3 2026, up 3.32 percentage points from 15.32% a year earlier but down 10.57 percentage points from the prior quarter.
Vita Coco Company (COCO) Operating Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Vita Coco Company reported Operating Margin of 19.85%, up 7.28 percentage points year-over-year; for FY2025, it came in at 13.53%, down 0.77 percentage points from FY2024.
- Operating Margin carries a five-year change of -1.55 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was 14.31% in FY2024 (+2.86 pp), 11.44% in FY2023 (+10.73 pp), 0.71% in FY2022 (-5.76 pp) and 6.48% in FY2021 (-8.60 pp).
- The five-year range for quarterly Operating Margin is -5.95% (Q1 2022) to 29.21% (Q2 2026).
- Year-over-year, Operating Margin has increased for four consecutive quarters, with an average year-over-year change of +2.02 percentage points over the last eight quarters.
- The fastest year-over-year change in Operating Margin over five years came in Q2 2026 (a gain of 14.32 percentage points), and the weakest in Q4 2021 (a drop of 34.64 percentage points).
- Business Quant data shows COCO's Operating Margin at 29.21% (Q2 2026), 18.68% (Q1 2026) and 7.98% (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 412.98 Bn | 401.46 Bn | 8.45 Bn | 33.37% |
| 2 | Diageo | 237.65 Bn | 219.80 Bn | - | - |
| 3 | Coca Cola Femsa Sab De Cv | 195.53 Bn | 195.53 Bn | 2.15 Bn | 14.90% |
| 4 | Pepsico | 194.08 Bn | 152.04 Bn | 13.75 Bn | 16.86% |
| 5 | Monster Beverage | 95.50 Bn | 83.75 Bn | 1.42 Bn | 29.18% |
| 6 | Coca-Cola Europacific Partners | 52.02 Bn | 45.24 Bn | - | - |
| 7 | Keurig Dr Pepper | 50.06 Bn | 50.30 Bn | 3.07 Bn | 8.59% |
| 8 | Ambev | 43.66 Bn | 28.57 Bn | 2.14 Bn | 25.65% |
| 9 | Constellation Brands | 24.61 Bn | 24.16 Bn | 1.39 Bn | 28.58% |
| 10 | Vita Coco Company | 3.75 Bn | 2.92 Bn | 92.68 Mn | 18.64% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 18.64% |
| Jun 30, 2026 | 29.21% |
| Mar 31, 2026 | 18.68% |
| Dec 31, 2025 | 7.98% |
| Sep 30, 2025 | 15.32% |
| Jun 30, 2025 | 14.89% |
| Mar 31, 2025 | 14.74% |
| Dec 31, 2024 | 3.37% |
| Sep 30, 2024 | 15.50% |
| Jun 30, 2024 | 20.80% |
| Mar 31, 2024 | 16.97% |
| Dec 31, 2023 | 5.11% |
| Sep 30, 2023 | 17.04% |
| Jun 30, 2023 | 14.93% |
| Mar 31, 2023 | 6.11% |
| Dec 31, 2022 | -5.28% |
| Sep 30, 2022 | 6.95% |
| Jun 30, 2022 | 4.36% |
| Mar 31, 2022 | -5.95% |
| Dec 31, 2021 | -5.86% |
Vita Coco Company Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=COCO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "COCO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=COCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();