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The Vita Coco Co (The Vita Coco Co) Operating Margin % : 5.11% (As of Dec. 2023)


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What is The Vita Coco Co Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. The Vita Coco Co's Operating Income for the three months ended in Dec. 2023 was $5.4 Mil. The Vita Coco Co's Revenue for the three months ended in Dec. 2023 was $106.1 Mil. Therefore, The Vita Coco Co's Operating Margin % for the quarter that ended in Dec. 2023 was 5.11%.

The historical rank and industry rank for The Vita Coco Co's Operating Margin % or its related term are showing as below:

COCO' s Operating Margin % Range Over the Past 10 Years
Min: 0.71   Med: 6.48   Max: 11.45
Current: 11.45


COCO's Operating Margin % is ranked better than
62.73% of 110 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 8.715 vs COCO: 11.45

The Vita Coco Co's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

The Vita Coco Co's Operating Income for the three months ended in Dec. 2023 was $5.4 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $56.5 Mil.


The Vita Coco Co Operating Margin % Historical Data

The historical data trend for The Vita Coco Co's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The Vita Coco Co Operating Margin % Chart

The Vita Coco Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
4.96 9.80 6.48 0.71 11.44

The Vita Coco Co Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.28 6.11 14.93 17.04 5.11

Competitive Comparison of The Vita Coco Co's Operating Margin %

For the Beverages - Non-Alcoholic subindustry, The Vita Coco Co's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Vita Coco Co's Operating Margin % Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, The Vita Coco Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where The Vita Coco Co's Operating Margin % falls into.



The Vita Coco Co Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

The Vita Coco Co's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=56.493 / 493.612
=11.44 %

The Vita Coco Co's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=5.422 / 106.144
=5.11 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


The Vita Coco Co  (NAS:COCO) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


The Vita Coco Co Operating Margin % Related Terms

Thank you for viewing the detailed overview of The Vita Coco Co's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


The Vita Coco Co (The Vita Coco Co) Business Description

Traded in Other Exchanges
Address
250 Park Avenue South, Seventh Floor, New York, NY, USA, 10003
The Vita Coco Co Inc is a plant-based functional hydration platform. Its products include Vita Coco Coconut Water, Private Label including coconut water and oil, and Other including Runa and Ever & Ever product offerings, Vita Coco product extensions beyond coconut water, such as Vita Coco Sparkling, coconut milk products, and others. Geographical presence of the company is United States, Canada, Europe, Middle East, Africa, and the Asia Pacific regions.
Executives
Michael Kirban director, officer: See Remarks C/O THE VITA COCO COMPANY, INC., 250 PARK AVENUE SOUTH, SEVENTH FLOOR, NEW YORK NY 10003
Ira Liran director, officer: See Remarks C/O THE VITA COCO COMPANY, INC., 250 PARK AVENUE SOUTH, SEVENTH FLOOR, NEW YORK NY 10003
Rowena Ricalde officer: Interim CFO C/O THE VITA COCO COMPANY, INC., 250 PARK AVENUE SOUTH, SEVENTH FLOOR, NEW YORK NY 10003
Jonathan Burth officer: Chief Operating Officer C/O THE VITA COCO COMPANY, INC., 250 PARK AVENUE SOUTH, SEVENTH FLOOR, NEW YORK NY 10003
Jane Prior officer: Chief Marketing Officer C/O THE VITA COCO COMPANY, INC., 250 PARK AVENUE SOUTH, SEVENTH FLOOR, NEW YORK NY 10003
Es Charles Van officer: Chief Sales Officer C/O THE VITA COCO COMPANY, INC., 250 PARK AVENUE SOUTH, SEVENTH FLOOR, NEW YORK NY 10003
Beverages Sa Verlinvest 10 percent owner PLACE EUGENE FLAGEY 18, BRUSSELS C9 B-1050
Eric Melloul director, 10 percent owner C/O THE VITA COCO COMPANY, INC., 250 PARK AVENUE SOUTH, SEVENTH FLOOR, NEW YORK NY 10003
Aishetu Fatima Dozie director 2550 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025
Baker Corey officer: Chief Financial Officer C/O THE VITA COCO COMPANY, INC., 250 PARK AVENUE SOUTH, 7TH FLOOR, NEW YORK NY 10003
Kenneth Sadowsky director C/O THE VITA COCO COMPANY, INC., 250 PARK AVENUE SOUTH, SEVENTH FLOOR, NEW YORK NY 10003
Kevin Benmoussa officer: Chief Financial Officer C/O THE VITA COCO COMPANY, INC., 250 PARK AVENUE SOUTH, SEVENTH FLOOR, NEW YORK NY 10003
Martin F Roper director, officer: See Remarks
Axelle Henry director, 10 percent owner C/O THE VITA COCO COMPANY, INC., 250 PARK AVENUE SOUTH, SEVENTH FLOOR, NEW YORK NY 10003
Rw Vc S.a.r.l. 10 percent owner 11 AVENUE DE LA PORTE-NEUVE, LUXEMBOURG N4 2227