National Beverage (FIZZ) Operating Margin (2010 - 2026)
National Beverage's (FIZZ) quarterly Operating Margin came in at 17.69% in Q3 2026, down 373.0% year-over-year from 6.48% in Q3 2025, and up 4.8% on a QoQ basis from 16.88% in Q2 2026.
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National Beverage (FIZZ) Operating Margin (2010 - 2026) Analysis & Trends
National Beverage (FIZZ) has 17 years of Operating Margin data on file, last reported at 17.69% in Q3 2026.
- On a quarterly basis, Operating Margin fell 373.0% year-over-year to 17.69% in Q3 2026; TTM through Aug 2026 was 18.45%, a 124.0% decrease from a year earlier, with the FY2026 full-year figure at 19.49%, down 11.0% from the prior year.
- Operating Margin for Q3 2026 stood at 17.69%, up from 16.88% in the prior quarter.
- Across five years, Operating Margin topped out at 21.41% in Q3 2025 and bottomed at 14.61% in Q3 2022.
- Historically, Operating Margin has averaged 18.02% across 5 years, with a median of 17.84% in 2024.
- The widest annual swing landed in 2022, when Operating Margin plunged 795 bps; it then soared 485 bps in 2023.
- Year by year, Operating Margin stood at 15.66% in 2022, then grew by 16 bps to 18.1% in 2023, then rose by 10 bps to 19.87% in 2024, then climbed by 1 bps to 20.13% in 2025, then dropped by 12 bps to 17.69% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 17.69% in Q3 2026, 16.88% in Q2 2026, and 19.33% in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 379.05 Bn | 367.07 Bn | 8.42 Bn | 34.92% |
| 2 | Diageo | 209.58 Bn | 209.63 Bn | - | - |
| 3 | Coca Cola Femsa Sab De Cv | 185.97 Bn | 185.19 Bn | 2.06 Bn | 13.96% |
| 4 | Pepsico | 177.68 Bn | 167.14 Bn | 13.11 Bn | 16.64% |
| 5 | Monster Beverage | 86.02 Bn | 82.60 Bn | 1.42 Bn | 29.18% |
| 6 | Ambev | 46.18 Bn | 42.67 Bn | 2.06 Bn | 23.89% |
| 7 | Coca-Cola Europacific Partners | 44.77 Bn | 44.20 Bn | - | - |
| 8 | Keurig Dr Pepper | 43.22 Bn | 45.90 Bn | 3.07 Bn | 8.59% |
| 9 | Andina Bottling | 28.97 Bn | -301.93 Bn | 698.26 Mn | 5,344.68% |
| 10 | National Beverage | 2.87 Bn | 2.76 Bn | 115.79 Mn | 17.69% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 17.69% |
| May 2, 2026 | 16.88% |
| Jan 31, 2026 | 19.33% |
| Nov 1, 2025 | 20.13% |
| Aug 2, 2025 | 21.41% |
| May 3, 2025 | 18.33% |
| Jan 25, 2025 | 18.94% |
| Oct 26, 2024 | 19.87% |
| Jul 27, 2024 | 21.10% |
| Apr 27, 2024 | 17.80% |
| Jan 27, 2024 | 17.84% |
| Oct 28, 2023 | 18.10% |
| Jul 29, 2023 | 19.46% |
| Apr 29, 2023 | 17.04% |
| Jan 28, 2023 | 16.55% |
| Oct 29, 2022 | 15.66% |
| Jul 30, 2022 | 14.61% |
| Apr 30, 2022 | 15.93% |
| Jan 29, 2022 | 15.72% |
| Oct 30, 2021 | 18.21% |
API Access
National Beverage 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=FIZZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "FIZZ", "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=FIZZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();