The Vita Coco Company
COCO
#4667
Rank
ยฃ1.23 B
Marketcap
ยฃ21.71
Share price
-1.18%
Change (1 day)
-1.23%
Change (1 year)

Operating Margin for The Vita Coco Company (COCO)

Operating Margin as of September 2024 (TTM): 14.13%

According to The Vita Coco Company's latest financial reports and stock price the company's current Operating Margin is 14.13%. At the end of 2023 the company had an Operating Margin of 11.73%.

Operating Margin history for The Vita Coco Company from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202311.73%363.02%
20222.53%-60.31%
20216.38%-54.51%
202014.04%249.56%
20194.02%

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.