National Beverage (FIZZ) Operating Margin (2010 - 2026)
National Beverage's Operating Margin came in at 17.69% for fiscal Q1 2027 (quarter ended Aug 1, 2026), down 3.73 percentage points from 21.41% a year earlier but up 0.81 percentage points from the prior quarter.
National Beverage (FIZZ) Operating Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Aug 1, 2026, National Beverage reported Operating Margin of 18.45%, down 1.24 percentage points year-over-year; for FY2026 (ended May 2, 2026), it came in at 19.49%, down 0.11 percentage points from FY2025.
- Operating Margin carries a five-year change of -1.76 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Operating Margin was 19.60% in FY2025 (+1.26 pp), 18.34% in FY2024 (+2.42 pp), 15.92% in FY2023 (-2.35 pp) and 18.26% in FY2022 (-2.98 pp).
- The five-year range for quarterly Operating Margin is 14.61% (fiscal Q1 2023) to 21.41% (fiscal Q1 2026).
- Year-over-year, Operating Margin increased in six of the last eight quarters, with an average year-over-year change of -0.10 percentage points.
- The fastest year-over-year change in Operating Margin over five years came in fiscal Q1 2024 (a gain of 4.85 percentage points), and the weakest in fiscal Q1 2023 (a drop of 7.95 percentage points).
- Business Quant data shows FIZZ's Operating Margin at 16.88% (Q4 2026), 19.33% (Q3 2026) and 20.13% (Q2 2026) in the three fiscal quarters before Q1 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 394.76 Bn | 381.23 Bn | 8.42 Bn | 34.92% |
| 2 | Coca Cola Femsa Sab De Cv | 193.90 Bn | 193.90 Bn | 2.06 Bn | 13.96% |
| 3 | Pepsico | 175.24 Bn | 133.00 Bn | 13.75 Bn | 16.86% |
| 4 | Monster Beverage | 88.77 Bn | 77.03 Bn | 1.42 Bn | 29.18% |
| 5 | Diageo | 52.19 Bn | 32.26 Bn | - | - |
| 6 | Ambev | 50.68 Bn | 35.97 Bn | 2.06 Bn | 23.89% |
| 7 | Coca-Cola Europacific Partners | 50.06 Bn | 42.72 Bn | - | - |
| 8 | Keurig Dr Pepper | 46.50 Bn | 42.54 Bn | 3.07 Bn | 8.59% |
| 9 | Constellation Brands | 22.07 Bn | 21.62 Bn | 1.39 Bn | 28.58% |
| 10 | National Beverage | 3.21 Bn | 2.17 Bn | 115.79 Mn | 17.69% |
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% |
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();