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 3.51 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 +6.07 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 (+24.80 pp), 1.66% in FY2022 (-13.71 pp) and 15.37% 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 +1.81 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 21.51 percentage points in Q4 2023, against a drop of 11.98 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 | 411.73 Bn | 398.05 Bn | 8.45 Bn | 15.56% |
| 2 | Diageo | 221.87 Bn | 201.94 Bn | - | - |
| 3 | Pepsico | 192.76 Bn | 150.52 Bn | 13.75 Bn | 16.05% |
| 4 | Coca Cola Femsa Sab De Cv | 192.22 Bn | 192.22 Bn | 2.15 Bn | - |
| 5 | Monster Beverage | 89.55 Bn | 77.80 Bn | 1.42 Bn | - |
| 6 | Coca-Cola Europacific Partners | 53.01 Bn | 45.68 Bn | - | - |
| 7 | Keurig Dr Pepper | 49.85 Bn | 45.89 Bn | 3.07 Bn | 4.33% |
| 8 | Ambev | 43.57 Bn | 28.38 Bn | 2.14 Bn | 24.68% |
| 9 | Constellation Brands | 24.18 Bn | 23.73 Bn | 1.39 Bn | 11.77% |
| 10 | Vita Coco Company | 3.58 Bn | 2.75 Bn | 92.68 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();