OTLYOatly Group AB
$10.39-30% 1Y
$10.39
$8.0352 weeks$15.91
Is the business good?
How good a business is OTLY?
Oatly Group AB earns −56% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
−56%
Return on invested capital · cost of capital 9.0% · 65 points below what the capital costs: growth destroys value
- Operating margin
- −13%
Operating margin · Packaged Foods median 7.6% · 12 months to Q2 2025
- R&D as % of revenue
- 3.0%
R&D as % of revenue
- Gross margin
- 30%
Gross margin
| Year | Operating margin |
|---|---|
| FY2020 | −11% |
| FY2021 | −33% |
| FY2022 | −55% |
| FY2023 | −58% |
| FY2024 | −23% |
| FY2025 | −7.8% |
Details›
- Gross margin12 months to Q2 2025
- 30%
- Operating margin12 months to Q2 2025
- −13%
- Net margin12 months to Q2 2025
- −18%
- R&D as % of revenue
- 3.0%
- Revenue, trailing twelve months
- $807M
- Net income, trailing twelve months
- −$145M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- −56%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.