Vita Coco Company (COCO) Return on Invested Capital [ROIC] (2021 - 2025)
Vita Coco Company (COCO) recorded Return on Invested Capital [ROIC] of 19.32% in Q4 2025, down 3.52 percentage points from 22.84% a year earlier and down 0.80 percentage points from the prior quarter.
Vita Coco Company (COCO) Return on Invested Capital [ROIC] (2021 - 2025) Analysis & Trends
For FY2025, Vita Coco Company reported Return on Invested Capital [ROIC] of 21.45%, down 3.85 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has a four-year change of +6.06 percentage points (FY2021 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 25.30% in FY2024 (-1.17 pp), 26.47% in FY2023 (+24.81 pp), 1.67% in FY2022 (-13.72 pp) and 15.38% in FY2021.
- The Q4 2025 figure is the lowest quarterly Return on Invested Capital [ROIC] since Q2 2023.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined for five consecutive quarters, with an average year-over-year change of +1.80 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 21.52 percentage points in Q4 2023, against a drop of 14.03 percentage points in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 20.12% (Q3 2025), 19.46% (Q2 2025) and 21.71% (Q1 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 394.76 Bn | 381.23 Bn | 8.42 Bn | 15.41% |
| 2 | Coca Cola Femsa Sab De Cv | 193.90 Bn | 193.90 Bn | 2.06 Bn | - |
| 3 | Pepsico | 175.24 Bn | 133.00 Bn | 13.75 Bn | 16.05% |
| 4 | Monster Beverage | 88.77 Bn | 77.03 Bn | 1.42 Bn | - |
| 5 | Diageo | 52.19 Bn | 32.26 Bn | - | - |
| 6 | Ambev | 50.68 Bn | 35.97 Bn | 2.06 Bn | 25.34% |
| 7 | Coca-Cola Europacific Partners | 50.06 Bn | 42.72 Bn | - | - |
| 8 | Keurig Dr Pepper | 46.50 Bn | 42.54 Bn | 3.07 Bn | 4.33% |
| 9 | Constellation Brands | 22.07 Bn | 21.62 Bn | 1.39 Bn | 11.77% |
| 10 | Vita Coco Company | 3.30 Bn | 2.42 Bn | 105.31 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 19.32% |
| Sep 30, 2025 | 20.12% |
| Jun 30, 2025 | 19.46% |
| Mar 31, 2025 | 21.71% |
| Dec 31, 2024 | 22.84% |
| Sep 30, 2024 | 23.84% |
| Jun 30, 2024 | 27.58% |
| Mar 31, 2024 | 26.80% |
| Dec 31, 2023 | 23.02% |
| Sep 30, 2023 | 19.92% |
| Jun 30, 2023 | 15.30% |
| Mar 31, 2023 | 7.93% |
| Dec 31, 2022 | 1.51% |
| Sep 30, 2022 | 1.47% |
| Jun 30, 2022 | 6.93% |
| Mar 31, 2022 | 8.74% |
| Dec 31, 2021 | 13.49% |
Vita Coco Company Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=COCO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=COCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();