Oatly Group AB (OTLY) Return on Invested Capital [ROIC] (2021 - 2026)
Oatly Group AB's Return on Invested Capital [ROIC] came in at -11.67% for Q3 2026, up 35.03 percentage points from -46.69% a year earlier and up 1.50 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 -12.30%, up 24.40 percentage points from FY2024.
- Return on Invested Capital [ROIC] carries a five-year change of +3.13 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was -36.70% in FY2024 (+33.62 pp), -70.32% in FY2023 (-33.08 pp), -37.24% in FY2022 (-12.11 pp) and -25.12% in FY2021 (-9.69 pp).
- The Q3 2026 figure represents the highest quarterly Return on Invested Capital [ROIC] in data going back to Q3 2021.
- Year-over-year, Return on Invested Capital [ROIC] has increased for eight consecutive quarters, with an average year-over-year change of +28.11 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q4 2024 (a gain of 43.45 percentage points), and the weakest in Q1 2024 (a drop of 31.77 percentage points).
- Business Quant data shows OTLY's Return on Invested Capital [ROIC] at -13.17% (Q2 2026), -13.66% (Q1 2026) and -13.86% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 416.85 Bn | 405.33 Bn | 8.45 Bn | 15.55% |
| 2 | Diageo | 246.91 Bn | 229.06 Bn | - | - |
| 3 | Coca Cola Femsa Sab De Cv | 201.88 Bn | 201.88 Bn | 37.08 Bn | - |
| 4 | Pepsico | 195.70 Bn | 153.66 Bn | 13.75 Bn | 16.05% |
| 5 | Anheuser-Busch InBev | 154.67 Bn | 154.67 Bn | 27,528.00 | - |
| 6 | Monster Beverage | 88.75 Bn | 85.98 Bn | 1.40 Bn | 21.32% |
| 7 | Coca-Cola Europacific Partners | 52.79 Bn | 46.01 Bn | - | - |
| 8 | Keurig Dr Pepper | 51.16 Bn | 50.63 Bn | 3.53 Bn | 4.68% |
| 9 | Ambev | 43.82 Bn | 28.73 Bn | 2.14 Bn | 24.68% |
| 10 | Oatly Group AB | 253.55 Mn | 63.67 Mn | 82.98 Mn | -11.67% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -11.67% |
| Jun 30, 2026 | -13.22% |
| Mar 31, 2026 | -13.71% |
| Dec 31, 2025 | -13.86% |
| Sep 30, 2025 | -46.69% |
| Jun 30, 2025 | -48.13% |
| Mar 31, 2025 | -34.82% |
| Dec 31, 2024 | -33.58% |
| Sep 30, 2024 | -60.14% |
| Jun 30, 2024 | -63.51% |
| Mar 31, 2024 | -76.52% |
| Dec 31, 2023 | -77.03% |
| Sep 30, 2023 | -48.36% |
| Jun 30, 2023 | -50.23% |
| Mar 31, 2023 | -44.76% |
| Dec 31, 2022 | -45.85% |
| Sep 30, 2022 | -38.08% |
| Jun 30, 2022 | -27.91% |
| Mar 31, 2022 | -23.04% |
| Dec 31, 2021 | -17.92% |
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();