The Vita Coco Company, Inc. develops, manufactures, markets, and distributes coconut water products under the Vita Coco brand name in the United States, Canada, Europe, the Middle East, Africa, and the Asia Pacific. It offers coconut water, oil, and juice products; Vita Coco Treats, a plant-based dairy alternative; Vita Coco Pressed, Vita Coco Coconut Juice, and Farmers Organic; Vita Coco Coconut MLK; and PWR LIFT, a protein-infused fitness drink. The company also supplies private label products to retailers. It distributes its products through club, food, drug, mass, convenience, e-commerce, and foodservice channels. The company was formerly known as All Market Inc. and changed its name to The Vita Coco Company, Inc. in September 2021. The Vita Coco Company, Inc. was incorporated in 2004 and is headquartered in New York, New York.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $610M | $84M | $71M | $39M | 21.5% | 18.2% | 27.5% |
| 2024 | $516M | $75M | $56M | $42M | 21.6% | 4.5% | 20.0% |
| 2023 | $494M | $57M | $47M | $107M | 23.0% | 15.4% | 496.7% |
| 2022 | $428M | $13M | $8M | $-12M | 5.5% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 427.79 | 493.61 | 516.01 | 609.78 |
| Operating Revenue | - | 427.79 | 493.61 | 516.01 | 609.78 |
| Cost Of Revenue | - | 324.43 | 312.88 | 317.23 | 387.18 |
| Gross Profit | - | 103.36 | 180.73 | 198.78 | 222.60 |
| Operating Expense | - | 100.31 | 124.24 | 124.96 | 140.06 |
| Selling General And Administration | - | 100.31 | 124.24 | 124.96 | 140.06 |
| Total Expenses | - | 424.73 | 437.12 | 442.19 | 527.25 |
| Operating Income | - | 3.06 | 56.49 | 73.82 | 82.53 |
| Total Operating Income As Reported | - | 3.06 | 56.49 | 73.82 | 82.53 |
| EBITDA | - | 13 | 57.15 | 74.56 | 83.60 |
| Normalized EBITDA | - | 5.01 | 58.28 | 84.31 | 79.90 |
| EBIT | - | 11.10 | 56.49 | 73.82 | 82.53 |
| Interest Income | - | 0.05 | 2.55 | 6.72 | 6.55 |
| Interest Expense | 0.36 | 0.26 | 0.03 | 0 | - |
| Net Interest Income | - | -0.21 | 2.55 | 6.72 | 6.55 |
| Other Non Operating Income Expenses | - | - | - | - | 0.19 |
| Other Income Expense | - | 7.99 | -1.12 | -9.75 | 3.89 |
| Interest Income Non Operating | - | 0.05 | 2.55 | 6.72 | 6.55 |
| Interest Expense Non Operating | 0.36 | 0.26 | 0.03 | 0 | - |
| Net Non Operating Interest Income Expense | - | -0.21 | 2.55 | 6.72 | 6.55 |
| Pretax Income | - | 10.84 | 57.92 | 70.79 | 92.97 |
| Tax Provision | - | 3.03 | 11.29 | 14.84 | 21.65 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 2.23 | -0.22 | -2.05 | 0.86 |
| Net Income Continuous Operations | - | 7.81 | 46.63 | 55.95 | 71.32 |
| Net Income From Continuing And Discontinued Operation | - | 7.81 | 46.63 | 55.95 | 71.32 |
| Net Income From Continuing Operation Net Minority Interest | - | 7.81 | 46.63 | 55.95 | 71.32 |
| Net Income | - | 7.81 | 46.63 | 55.95 | 71.32 |
| Net Income Common Stockholders | - | 7.81 | 46.63 | 55.95 | 71.32 |
| Net Income Including Noncontrolling Interests | - | 7.81 | 46.63 | 55.95 | 71.32 |
| Normalized Income | - | 2.05 | 47.53 | 63.65 | 68.48 |
| Diluted NI Availto Com Stockholders | - | 7.81 | 46.63 | 55.95 | 71.32 |
| Basic Average Shares | - | 55.73 | 56.43 | 56.73 | 56.91 |
| Diluted Average Shares | - | 56.12 | 58.75 | 59.29 | 59.97 |
| Reconciled Depreciation | - | 1.90 | 0.66 | 0.74 | 1.07 |
| Reconciled Cost Of Revenue | - | 324.43 | 312.88 | 317.23 | 387.18 |
| Total Unusual Items | - | 7.99 | -1.12 | -9.75 | 3.70 |
| Total Unusual Items Excluding Goodwill | - | 7.99 | -1.12 | -9.75 | 3.70 |
| Minority Interests | 0.02 | 0 | 0 | - | - |
| Special Income Charges | -0.13 | 0 | 0 | - | - |
| Other Special Charges | 0.13 | - | - | - | - |
| Restructuring And Mergern Acquisition | 0 | 0 | - | - | - |
| Gain On Sale Of Security | - | 7.99 | -1.12 | -9.75 | 3.70 |
Consumer Defensive sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| The Vita Coco Company, Inc.this co. | COCO | $4.2B | 59.24β premium | 12.74 | 21.5% | 48.36 |
| PriceSmart, Inc. | PSMT | $5.3B | 36.16 | 4.29 | 11.9% | 17.75 |
| Laureate Education, Inc. | LAUR | $4.7B | 16.68 | 3.95 | 23.7% | 9.70 |
| Stride, Inc. | LRN | $4.3B | 15.06 | 2.93 | 19.5% | 8.07 |
| Covista Inc. | CVSA | $4.2B |
| - |
| - |
| - |
| - |
| - |
| - |
| 17.86 |
| 2.95 |
| 16.5% |
| 11.26 |
| Cal-Maine Foods, Inc. | CALM | $3.5B | 2.89 | 1.38 | 47.6% | 1.26 |
| National Beverage Corp. | FIZZ | $3.3B | 17.41 | 7.33 | 42.1% | 12.21 |
| United Natural Foods, Inc. | UNFI | $3.2B | -27.35 | 2.08 | -7.6% | 21.68 |
| The Chefs' Warehouse, Inc. | CHEF | $3.2B | 43.70 | 5.23 | 12.0% | 17.99 |
| Peer Median | - | 17.04 | 3.45 | 18.0% | 11.74 | |