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 |
| 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 |
| Operating Income | - | 3.06 | 56.49 | 73.82 | 82.53 |
| EBITDA | - | 13 | 57.15 | 74.56 | 83.60 |
| EBIT | - | 11.10 | 56.49 | 73.82 | 82.53 |
| Pretax Income | - | 10.84 | 57.92 | 70.79 | 92.97 |
| Tax Provision | - | 3.03 | 11.29 | 14.84 | 21.65 |
| Net Income | - | 7.81 | 46.63 | 55.95 | 71.32 |
| Net Income Common Stockholders | - | 7.81 | 46.63 | 55.95 | 71.32 |
| Total Expenses | - | 424.73 | 437.12 | 442.19 | 527.25 |
| Interest Expense | 0.36 | 0.26 | 0.03 | 0 | - |
| Interest Income | - | 0.05 | 2.55 | 6.72 | 6.55 |
| Selling General And Administration | - | 100.31 | 124.24 | 124.96 | 140.06 |
| Normalized EBITDA | - | 5.01 | 58.28 | 84.31 | 79.90 |
| Normalized Income | - | 2.05 | 47.53 | 63.65 | 68.48 |
| Market Cap | 2,876.37 | 2,876.37 | 2,876.37 | 2,876.37 | 2,876.37 |
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 | $2.9B | 40.33β premium | 8.68 | 21.5% | 32.23 |
| Freshpet, Inc. | FRPT | $3.2B | 23.32 | 2.68 | 11.5% | 19.83 |
| National Beverage Corp. | FIZZ | $3.2B | 17.14 | 7.21 | 42.1% | 12.02 |
| Interparfums, Inc. | IPAR | $2.9B | 17.37 | 3.32 | 19.1% | 9.79 |
| The Andersons, Inc. | ANDE | $2.6B |
| - |
| - |
| - |
| - |
| - |
| - |
| 27.01 |
| 2.08 |
| 7.7% |
| 10.66 |
| The Chefs' Warehouse, Inc. | CHEF | $2.5B | 36.89 | 4.42 | 12.0% | 15.78 |
| Central Garden & Pet Company | CENT | $2.4B | 14.72 | 1.51 | 10.3% | 8.22 |
| Central Garden & Pet Company | CENTA | $2.2B | 13.29 | 1.37 | 10.3% | 7.57 |
| Perdoceo Education Corporation | PRDO | $2.1B | 12.68 | 2.09 | 16.4% | 7.68 |
| Peer Median | - | 17.25 | 2.39 | 11.7% | 10.22 | |