Vita Coco Company vs National Beverage
National Beverage is the larger business, with $1.18bn of revenue in fiscal 2026 against $610m for Vita Coco Company (1.9 times as much). Vita Coco Company grew faster (18.2% against -1.7%). National Beverage kept more of each dollar of sales as profit: a net margin of 15.6% against 11.7%. National Beverage carries less debt relative to equity (0.0% against 0.0%).
| Latest fiscal year | Vita Coco CompanyCOCO, 2025 | National BeverageFIZZ, 2026 |
|---|---|---|
| Revenue | $610m | $1.18bn |
| Revenue growth | 18.2% | -1.7% |
| Net income | $71.3m | $184m |
| Operating margin | 13.5% | 19.5% |
| Net margin | 11.7% | 15.6% |
| Return on equity | 24.2% | 34.0% |
| Free cash flow | $39.0m | $156m |
| Cash | $197m | $350m |
| Total debt | $3,000 | $0 |
| Debt to equity | 0.0% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | 8.9% |
| Share buybacks | $11.3m | $673,000 |
| Employees | 336 | — |
| Market value | $3.42bn | $3.38bn |
| Price vs our value range | Below our value range | Within our value range |
| Moat score | 57 (Moderate) | 82 (Strong) |
| Insider trades, 12 months | 0 buys, 0 sales | 1 buys, 0 sales |