Oatly Group AB (OTLY) Financial Ratios
7 years of historical data (2019–2025) · Consumer Defensive · Beverages - Non-Alcoholic
EV/EBITDA
N/A
—
5yr avg: N/A
P/FCF
N/A
—
5yr avg: N/A
P/B Ratio
↑
16.69
↑+208% vs avg
5yr avg: 5.43
30Y Low1.3·High16.5
ROE
↓
-242.9%
↑-156% vs avg
5yr avg: -94.8%
30Y Low-243%·High-19%
Debt/EBITDA
N/A
—
5yr avg: N/A
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
OTLY Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Oatly Group AB currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Market Cap | $338M | $325M | $396M | $700M | $1.0B | $4.4B | — | — |
| Enterprise Value | $787M | $774M | $788M | $984M | $1.1B | $4.2B | — | — |
| P/E Ratio → | -2.15 | — | — | — | — | — | — | — |
| P/S Ratio | 0.39 | 0.38 | 0.48 | 0.89 | 1.43 | 6.80 | — | — |
| P/B Ratio | 16.69 | 16.51 | 3.73 | 2.09 | 1.30 | 3.51 | — | — |
| P/FCF | — | — | — | — | — | — | — | — |
| P/OCF | — | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
OTLY EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.90 | 0.96 | 1.26 | 1.52 | 6.57 | — | — |
| EV / EBITDA | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | — |
OTLY Profitability
Margins and return-on-capital ratios measuring operating efficiency
Oatly Group AB earns an operating margin of -7.9%, below the Consumer Defensive sector average of 1.4%. Operating margins have expanded from -58.3% to -7.9% over the past 3 years, signaling improving operational efficiency. A negative ROE of -242.9% indicates the company is currently destroying shareholder equity.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 32.1% | 32.1% | 28.7% | 19.4% | 11.1% | 24.1% | 30.7% | 32.6% |
| Operating Margin | -7.9% | -7.9% | -22.6% | -58.3% | -54.8% | -33.2% | -11.2% | -15.1% |
| Net Profit Margin | -17.7% | -17.7% | -24.5% | -53.2% | -54.4% | -33.0% | -14.3% | -17.5% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| ROE | -242.9% | -242.9% | -91.4% | -74.0% | -38.6% | -27.0% | -23.5% | -19.0% |
| ROA | -19.2% | -19.2% | -21.0% | -35.6% | -27.5% | -18.4% | -11.7% | -10.2% |
| ROIC | -10.5% | -10.5% | -25.0% | -46.3% | -30.3% | -20.6% | -9.6% | -8.2% |
| ROCE | -27.2% | -27.2% | -46.4% | -64.5% | -34.9% | -23.3% | -13.4% | -12.2% |
OTLY Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Net debt stands at $449M ($514M total debt minus $64M cash).
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 26.12 | 26.12 | 4.63 | 1.59 | 0.19 | 0.12 | 0.72 | 0.55 |
| Debt / EBITDA | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | 22.84 | 3.70 | 0.84 | 0.09 | -0.12 | 0.39 | 0.49 |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — |
| Debt / FCF | — | — | — | — | — | — | — | — |
| Interest Coverage | — | — | -1.99 | -6.89 | -26.37 | -12.95 | -3.69 | -12.77 |
OTLY Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.48x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 0.83x to 0.48x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.48 | 0.48 | 0.56 | 0.83 | 1.41 | 3.32 | 1.05 | 0.98 |
| Quick Ratio | 0.35 | 0.35 | 0.44 | 0.71 | 1.08 | 2.92 | 0.88 | 0.69 |
| Cash Ratio | 0.12 | 0.12 | 0.18 | 0.43 | 0.24 | 2.24 | 0.46 | 0.11 |
| Asset Turnover | — | 1.10 | 1.02 | 0.70 | 0.59 | 0.39 | 0.62 | 0.58 |
| Inventory Turnover | 8.54 | 8.54 | 8.95 | 9.30 | 5.61 | 5.10 | 7.47 | 4.77 |
| Days Sales Outstanding | — | 43.81 | 54.97 | 68.72 | 58.59 | 76.19 | 61.76 | 87.17 |
OTLY Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Oatly Group AB does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
| Shares Outstanding | — | $30M | $30M | $30M | $30M | $27M | $30M | $30M |
Peer Comparison
Compare OTLY with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 OTLYYou | $338M | -2.1 | — | — | 32.1% | -7.9% | -242.9% | -10.5% | — |
 BYND | $482M | -0.6 | — | — | 2.8% | -84.7% | — | -44.4% | — |
 SMPL | $1B | 12.4 | 6.0 | 8.0 | 35.1% | 15.1% | 5.9% | 8.1% | 1.3 |
 NOMD | $1B | 9.5 | 7.3 | 4.9 | 27.1% | 10.7% | 5.3% | 5.5% | 5.3 |
 BRZE | $2B | -18.0 | — | 36.2 | 67.1% | -19.6% | -23.9% | -20.5% | — |
 LWAY | $406M | 29.9 | 19.9 | — | 27.4% | 7.6% | 17.6% | 17.8% | 0.0 |
 HAIN | $85M | -0.1 | — | — | 21.4% | -29.6% | -74.9% | -23.7% | — |
 VITL | $538M | 8.3 | 6.1 | — | 37.6% | 11.6% | 21.4% | 26.9% | 0.6 |
 MGPI | $413M | -3.9 | — | 5.4 | 37.2% | -17.6% | -13.9% | -6.7% | — |
 ADM | $38B | 35.0 | 17.3 | 8.9 | 6.3% | 1.8% | 4.7% | 3.3% | 3.2 |
 INGR | $7B | 9.5 | 5.9 | 13.1 | 25.3% | 14.4% | 17.7% | 15.5% | 1.4 |
| Consumer Defensive Median | — | 19.6 | 11.4 | 15.7 | 40.1% | 1.4% | 6.8% | 5.5% | 3.4 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 7 years · Updated daily
See OTLY's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs OTLY Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare OTLY vs BYND
Side-by-side business, growth, and profitability comparison vs Beyond Meat, Inc..
Start ComparisonOTLY — Frequently Asked Questions
Quick answers to the most common questions about buying OTLY stock.
What is Oatly Group AB's P/E ratio?
Oatly Group AB's current P/E ratio is -2.1x. This places it at the 50th percentile of its historical range.
What is Oatly Group AB's ROE?
Oatly Group AB's return on equity (ROE) is -242.9%. The historical average is -73.8%.
Is OTLY stock overvalued?
Based on historical data, Oatly Group AB is trading at a P/E of -2.1x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Oatly Group AB's profit margins?
Oatly Group AB has 32.1% gross margin and -7.9% operating margin.