Oatly Group AB (OTLY) Operating Margin (2020 - 2026)
Oatly Group AB (OTLY) reported Operating Margin of 4.97% for Q1 2026, up 444.0% year-over-year from 0.91% in Q1 2025, and down 15.06% quarter-over-quarter from 4.32% in Q4 2025.
Oatly Group AB (OTLY) Operating Margin (2020 - 2026) Analysis & Trends
Oatly Group AB (OTLY) has 7 years of Operating Margin data on file, last reported at 4.97% in Q1 2026.
- Operating Margin for Q1 2026 came in at 4.97%, up 444.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 6.77% (up 1468.0% YoY), and the FY2025 annual result was 7.85%, up 1475.0% from the prior year.
- Operating Margin retreated to 4.97% in Q1 2026 per OTLY's latest filing, from 4.32% in the prior quarter.
- Over five years, Operating Margin peaked at 4.32% in Q4 2025 and troughed at 118.86% in Q4 2023.
- A 5-year average of 33.8% and a median of 35.9% in 2023 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2023 and 2024: Operating Margin tumbled 5476 bps in 2023, then soared 7700 bps in 2024.
- A 5-year view of Operating Margin shows it stood at 64.1% in 2022, then sank by 85 bps to 118.86% in 2023, then soared by 65 bps to 41.86% in 2024, then jumped by 90 bps to 4.32% in 2025, then dropped by 15 bps to 4.97% in 2026.
- Business Quant data shows OTLY's Operating Margin at 4.97% in Q1 2026, 4.32% in Q4 2025, and 7.6% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Paranovus Entertainment Technology | 75,216.52 Bn | 75,216.52 Bn | - | - |
| 2 | Kraft Heinz | 26.76 Bn | 22.68 Bn | 2.22 Bn | 18.94% |
| 3 | General Mills | 17.79 Bn | 17.02 Bn | 1.37 Bn | 11.82% |
| 4 | Jbs | 13.93 Bn | 9.37 Bn | 2.32 Bn | - |
| 5 | Hormel Foods | 13.00 Bn | 12.16 Bn | 518.51 Mn | 7.30% |
| 6 | Mccormick | 12.70 Bn | 13.10 Bn | 708.90 Mn | 12.14% |
| 7 | Magnum Ice Cream | 12.17 Bn | 11.70 Bn | - | - |
| 8 | J M Smucker | 11.05 Bn | 10.99 Bn | 827.80 Mn | -23.44% |
| 9 | Smithfield Foods | 10.57 Bn | 9.49 Bn | 511.00 Mn | 8.76% |
| 10 | Oatly Group AB | 5.11 Bn | 920.31 Mn | 76.34 Mn | -4.97% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -4.97% |
| Dec 31, 2025 | -4.32% |
| Sep 30, 2025 | -7.60% |
| Jun 30, 2025 | -10.61% |
| Mar 31, 2025 | -9.41% |
| Dec 31, 2024 | -41.86% |
| Sep 30, 2024 | -13.92% |
| Jun 30, 2024 | -19.33% |
| Mar 31, 2024 | -14.27% |
| Dec 31, 2023 | -118.86% |
| Sep 30, 2023 | -35.90% |
| Jun 30, 2023 | -38.51% |
| Mar 31, 2023 | -36.58% |
| Dec 31, 2022 | -64.10% |
| Sep 30, 2022 | -57.02% |
| Jun 30, 2022 | -41.82% |
| Mar 31, 2022 | -55.45% |
| Dec 31, 2021 | -49.84% |
| Sep 30, 2021 | -25.99% |
| Jun 30, 2021 | -32.91% |