Oatly Group AB (OTLY) Return on Invested Capital [ROIC] (2021 - 2026)
Oatly Group AB's Return on Invested Capital [ROIC] came in at -10.88% for Q2 2026, up 56.49 percentage points from -67.38% a year earlier but down 3.52 percentage points from the prior quarter.
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Analysis
Oatly Group AB (OTLY) Return on Invested Capital [ROIC] (2021 - 2026) Analysis & Trends
For FY2025, Oatly Group AB's Return on Invested Capital [ROIC] was -7.29%, up 20.96 percentage points from FY2024.
- Return on Invested Capital [ROIC] carries a five-year change of -8.51 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was -28.25% in FY2024 (+40.54 pp), -68.79% in FY2023 (-67.32 pp), -1.46% in FY2022 (-1.31 pp) and -0.16% in FY2021 (-1.38 pp).
- The five-year range for quarterly Return on Invested Capital [ROIC] is -98.97% (Q2 2024) to -7.36% (Q1 2026).
- Year-over-year, Return on Invested Capital [ROIC] has increased for seven consecutive quarters, with an average year-over-year change of +22.72 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q2 2026 (a gain of 56.49 percentage points), and the weakest in Q2 2024 (a drop of 48.74 percentage points).
- Business Quant data shows OTLY's Return on Invested Capital [ROIC] at -7.36% (Q1 2026), -12.16% (Q4 2025) and -81.06% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 368.60 Bn | 357.24 Bn | 8.42 Bn | 15.41% |
| 2 | Diageo | 206.17 Bn | 198.57 Bn | - | - |
| 3 | Coca Cola Femsa Sab De Cv | 179.07 Bn | 179.07 Bn | 2.06 Bn | - |
| 4 | Pepsico | 171.83 Bn | 132.26 Bn | 13.11 Bn | 15.33% |
| 5 | Anheuser-Busch InBev | 131.95 Bn | 100.69 Bn | 9.58 Bn | - |
| 6 | Monster Beverage | 84.12 Bn | 72.37 Bn | 1.42 Bn | - |
| 7 | Ambev | 46.97 Bn | 32.99 Bn | 2.06 Bn | 25.69% |
| 8 | Coca-Cola Europacific Partners | 45.38 Bn | 38.63 Bn | - | - |
| 9 | Keurig Dr Pepper | 41.33 Bn | 41.57 Bn | 3.07 Bn | 4.33% |
| 10 | Oatly Group AB | 329.42 Mn | 170.15 Mn | 81.36 Mn | -10.88% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -10.88% |
| Mar 31, 2026 | -7.36% |
| Dec 31, 2025 | -12.16% |
| Sep 30, 2025 | -81.06% |
| Jun 30, 2025 | -67.38% |
| Mar 31, 2025 | -32.02% |
| Dec 31, 2024 | -31.39% |
| Sep 30, 2024 | -94.78% |
| Jun 30, 2024 | -98.97% |
| Mar 31, 2024 | -79.26% |
| Dec 31, 2023 | -66.66% |
| Sep 30, 2023 | -48.36% |
| Jun 30, 2023 | -50.23% |
| Mar 31, 2023 | -32.30% |
| Dec 31, 2022 | -33.35% |
| Sep 30, 2022 | -38.08% |
| Jun 30, 2022 | -27.91% |
| Mar 31, 2022 | -21.18% |
| Dec 31, 2021 | -16.46% |
| Sep 30, 2021 | -12.74% |
API Access
Oatly Group AB 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=OTLY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "OTLY", "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=OTLY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();