olivLaw · US equity research
Oatly Group AB OTLY
Food and Kindred Products · SIC 2000 · Vertical: Food and Kindred Products (SIC 2000)
Oatly Group AB describes itself as the world's original and largest oatmilk company, selling products in more than 60 countries. It matters now because it is pursuing profitability under an asset-light model amid inflation and trade uncertainty.
The AI analysis may be outdated: new filings came after its sources (see the «AI analysis» section).
At the close of 04 Nov 2026, Oatly Group AB (OTLY) stock was 8.17 USD (+3.03% on the day), with market capitalisation 5.1 bn USD, beta 1.03, 52-week range 7.71–15.90 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 28.5
- oversold (≤ 30)
- Bollinger (20, 2)
- 7.05 – 13.85
- in the lower half of the band · %B 0.17 · band width 65.2%
- SMA 50 / 200
- 11.75 / 11.25
- mixed trend
- MACD (12, 26, 9)
- -1.00 / -0.65
- MACD below signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | −22.0% | −1.1% | −20.9 pp | — |
| 3 months | −42.7% | −0.5% | −42.2 pp | — |
| 6 months | −24.4% | +4.4% | −28.8 pp | — |
| Year to date | −23.6% | +12.3% | −35.9 pp | — |
| 1 year | −43.9% | +13.5% | −57.5 pp | −45.6% |
| 3 years | −35.2% | +76.4% | −111.6 pp | −72.2% |
| 5 years | −96.9% | +63.7% | −160.6 pp | — |
Price returns, dividends excluded.
Quarterly results
ESEF annual reports carry no quarters: the results are annual (below).
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Fiscal years
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | 204.0 m | 421.4 m | 643.2 m | 722.2 m | 783.3 m | 823.7 m | 862.5 m |
| Revenue YoY | unavailable | +106.5% | +52.6% | +12.3% | +8.5% | +5.1% | +4.7% |
| Net income | -35.6 m | -60.4 m | -212.4 m | -392.6 m | -416.9 m | -201.9 m | -152.8 m |
| Net income YoY | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable |
| Diluted EPS | unavailable | -0.13 | -0.39 | -0.66 | -0.70 | -0.34 | -0.25 |
| Diluted EPS YoY | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable |
| net % | -17.5% | -14.3% | -33.0% | -54.4% | -53.2% | -24.5% | -17.7% |
| Free cash flow | -92.7 m | -178.6 m | -487.6 m | -470.6 m | -231.7 m | -153.6 m | -36.1 m |
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 64.3 m USD
- Financial debt
- 523.0 m USD
- Net debt
- 458.7 m USD
- Equity
- 19.7 m USD
- Total assets
- 787.2 m USD
- Debt / equity
- 26.59x
- Current ratio
- 0.48x
- ROE
- -242.9%
- ROA
- -19.2%
- FCF margin
- -4.2%
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Revenue | 421.4 m | 643.2 m | 722.2 m | 783.3 m | 823.7 m | 862.5 m | SEC (XBRL)· 13 Mar 2026verified |
| Cost of revenue | 292.1 m | 488.2 m | 642.2 m | 631.3 m | 587.2 m | 585.4 m | SEC (XBRL)· 13 Mar 2026verified |
| Gross profit | 129.2 m | 155.0 m | 80.0 m | 152.1 m | 236.5 m | 277.1 m | SEC (XBRL)· 13 Mar 2026verified |
| Research & development | 6.8 m | 16.8 m | 22.3 m | 21.0 m | 30.1 m | 18.6 m | SEC (XBRL)· 13 Mar 2026verified |
| Operating income | -47.1 m | -213.7 m | -396.0 m | -457.0 m | -186.2 m | -67.7 m | SEC (XBRL)· 13 Mar 2026verified |
| Depreciation & amortisation | 13.1 m | 27.2 m | 48.6 m | 51.9 m | 50.0 m | 49.3 m | SEC (XBRL)· 13 Mar 2026verified |
| EBITDA | -34.0 m ≈ | -186.5 m ≈ | -347.4 m ≈ | -405.1 m ≈ | -136.2 m ≈ | -18.4 m ≈ | SEC (XBRL)· 13 Mar 2026derived |
| Interest expense | 11.4 m | 15.7 m | 16.7 m | 69.0 m | 70.2 m | 87.1 m | SEC (XBRL)· 13 Mar 2026verified |
| Pre-tax income | -58.0 m | -215.0 m | -397.4 m | -408.2 m | -198.6 m | -144.9 m | SEC (XBRL)· 13 Mar 2026verified |
| Income tax | 2.4 m | -2.7 m | -4.8 m | 8.9 m | 3.7 m | 8.2 m | SEC (XBRL)· 13 Mar 2026verified |
| Net income | -60.4 m | -212.4 m | -392.6 m | -416.9 m | -201.9 m | -152.8 m | SEC (XBRL)· 13 Mar 2026verified |
| Diluted EPS | -0.13 | -0.39 | -0.66 | -0.70 | -0.34 | -0.25 | SEC (XBRL)· 13 Mar 2026verified |
| Weighted average diluted shares | 454.3 m | 549.1 m | 592.0 m | 593.6 m | 596.9 m | 607.5 m | SEC (XBRL)· 13 Mar 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating income + Depreciation & amortisation.
Balance sheet · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 105.4 m | 295.6 m | 82.6 m | 249.3 m | 98.9 m | 64.3 m | SEC (XBRL)· 13 Mar 2026verified |
| Inventories | 39.1 m | 95.7 m | 114.5 m | 67.9 m | 65.6 m | 68.5 m | SEC (XBRL)· 13 Mar 2026verified |
| Current assets | 240.2 m | 807.1 m | 482.3 m | 483.4 m | 299.1 m | 265.2 m | SEC (XBRL)· 13 Mar 2026verified |
| Property, plant & equipment, net | 237.6 m | 509.6 m | 493.0 m | 360.3 m | 294.2 m | 294.7 m | SEC (XBRL)· 13 Mar 2026verified |
| Total assets | 678.9 m | 1.6 bn | 1.2 bn | 1.1 bn | 804.0 m | 787.2 m | SEC (XBRL)· 13 Mar 2026verified |
| Short-term debt | 1.2 m | 6.0 m | 49.9 m | 6.1 m | 5.8 m | 340.3 m | SEC (XBRL)· 13 Mar 2026verified |
| Long-term debt | 91.7 m | 0 | 2.7 m | 114.2 m | 116.2 m | 182.8 m | SEC (XBRL)· 13 Mar 2026verified |
| Current liabilities | 228.6 m | 243.4 m | 341.9 m | 583.7 m | 535.1 m | 557.3 m | SEC (XBRL)· 13 Mar 2026verified |
| Total liabilities | 352.8 m | 383.6 m | 434.1 m | 781.2 m | 697.9 m | 767.5 m | SEC (XBRL)· 13 Mar 2026verified |
| Equity | 326.1 m | 1.2 bn | 791.1 m | 335.8 m | 106.1 m | 19.7 m | SEC (XBRL)· 13 Mar 2026verified |
| Shares outstanding at year end | — | 591.8 m | 592.3 m | 595.1 m | 598.6 m | 624.5 m | SEC (XBRL)· 13 Mar 2026verified |
Cash flow · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -44.3 m | -213.8 m | -268.9 m | -165.6 m | -114.4 m | -23.7 m | SEC (XBRL)· 13 Mar 2026verified |
| Capex | 134.3 m | 273.8 m | 201.7 m | 66.1 m | 39.1 m | 12.4 m | SEC (XBRL)· 13 Mar 2026verified |
| Free cash flow | -178.6 m ≈ | -487.6 m ≈ | -470.6 m ≈ | -231.7 m ≈ | -153.6 m ≈ | -36.1 m ≈ | SEC (XBRL)· 13 Mar 2026derived |
| Investing cash flow | -141.4 m | -544.3 m | 34.8 m | -26.7 m | -9.3 m | -15.5 m | SEC (XBRL)· 13 Mar 2026verified |
| Financing cash flow | 273.9 m | 955.8 m | 35.9 m | 355.0 m | -27.3 m | 1.2 m | SEC (XBRL)· 13 Mar 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
1 indicators that do not apply to the sector.
Valuation
olivLaw classification
- score weight coverage: 43.8% of at least 60%
A scoring methodology on indicators and valuation, not investment advice.
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: 5.1 bn USD
Key indicators
Coverage and freshness
Score by group
44% · Insufficient data
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 0.11 – 0.59 USD.
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (USD per share)
— — Mid · ▏ Price
Valuation methods
- DCF (discounted cash flow)0.11 – 0.59 (Mid 0.30)WACC 8.9% · starting FCFF 37.1 m USD · terminal value share of EV 74%The WACC × g sensitivity gives the method's bounds; these are not probabilities.Reverse DCF: no growth between −30% and +40% justifies the price
- Peers: EV/EBITDAunavailable · the base of the ratio is not positive
- Peers: P/Eunavailable · the base of the ratio is not positive
- Dividend discount (DDM)unavailable · the company pays no dividend: a dividend model needs an explicit initiation assumption
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Insufficient data
Minimum-evidence gate: score weight coverage: 43.8% of at least 60%
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | -18.7% | 25 (vs peers) | 24% |
| Net margin · Quality | -17.7% | 32 (vs peers) | 14% |
| FCF conversion · Quality | unavailable | unavailable | — |
| Revenue CAGR 3Y · Growth | 6.1% | 51 (on a fixed band) | 19% |
| EPS CAGR 3Y · Growth | unavailable | unavailable | — |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | -0.8x | 0 (on a fixed band) | 14% |
| Current ratio · Balance sheet | 0.5x | 0 (on a fixed band) | 10% |
| P/E (TTM) · Valuation | unavailable | unavailable | — |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | -0.7% | 0 (on a fixed band) | 19% |
| Shareholder yield (distributions) · Returns | unavailable | unavailable | — |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet0/100 · 2/3 factors with a value
- Growth· partial51/100 · 1/2 factors with a value
- Quality27/100 · 2/3 factors with a value
- Returns· partialunavailable · 0/2 factors with a value
- Valuation· partial0/100 · 1/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
Oatly Group AB (OTLY). Latest full fiscal year: 2025; data up to 2025-12-31.
Figures computed from the financial statements: revenue 862.5 m USD in 2025; YoY growth 4.7%; net margin -17.7%; ROE -247.9%.
The estimated value range is 0.11–0.59 USD per share (median of 1 methods, agreement: single method); assumptions are illustrative. Against the central value of 0.30 USD, the price of 8.17 USD leaves a potential of -96.4% (value / price − 1) and a margin of safety of -2,656.0% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
Insufficient data for a verdict (score weight coverage: 43.8% of at least 60%).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
No signal among the computed factors. That is not an absence of risk: factors without data were not assessed, and business risks (margins, inventory, demand) are in the source-based analysis.
What contradicts it
- ROIC: -18.7%
- Interest coverage: -0.8x
- Current ratio: 0.5x
- FCF yield: -0.7%
- The price is above the estimated value range
Not assessed (insufficient data or a ratio without meaning): FCF conversion, EPS CAGR 3Y, Net debt / EBITDA, P/E (TTM), EV/EBITDA, Shareholder yield (distributions), Payout ratio (FCF).
Versus the vertical median
Food and Kindred Products (SIC 2000) · same industry (4-digit SIC) · compared with 20 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| MDLZMondelez International, Inc. | 85.3 bn | 21.2 | 15.5% | 10.2% | +5.8% | +17% / −5% |
| CAGConagra Brands, Inc. | 7.3 bn | — | -24.9% | -17.0% | −2.9% | −14% / −46% |
| CPBThe Campbell’s Company | 6.9 bn | 17.8 | 10.4% | 4.1% | −5.0% | −24% / −42% |
| OTLYOatly Group AB | 5.1 bn | — | -247.9% | -17.7% | +4.7% | −44% / −35% |
| BYNDBeyond Meat, Inc. | 3.7 bn | — | — | 111.7% | −15.6% | −76% / −97% |
| STKHSteakholder Foods Ltd. | 2.3 bn | — | -266.3% | -112,470.0% | unavailable | −95% / −100% |
| FLOFlowers Foods Inc | 1.5 bn | 27.3 | 4.0% | 1.1% | unavailable | −34% / −66% |
| BRBRBellRing Brands, Inc. | 1.2 bn | 7.2 | — | 7.3% | +16.1% | −67% / −81% |
| SMPLThe Simply Good Foods Company | 1.2 bn | — | -9.6% | -11.5% | −6.5% | −32% / −66% |
| VITLVital Farms, Inc. | 450.8 m | — | -7.4% | -3.0% | +25.3% | −68% / −21% |
| UCFICN Healthy Food Tech Group Corp. | 287.8 m | 36.7 | 39.2% | 24.6% | +144.6% | −46% / unavailable |
| BGSB&G Foods, Inc. | 208.9 m | — | -15.8% | -4.0% | unavailable | −44% / −72% |
| CHSNChanson International Holding | 131.0 m | 112.0 | 0.5% | 1.0% | +0.2% | −99% / −100% |
| SOWGSow Good Inc. | 44.4 m | — | -346.4% | — | unavailable | −75% / −98% |
| MLECMoolec Science SA | 32.7 m | — | -86.4% | -130.0% | +521.5% | −86% / −100% |
| LSFLaird Superfood, Inc. | 26.9 m | — | -22.9% | -3.4% | +15.2% | −12% / +129% |
| BOFBranchOut Food Inc. | 25.9 m | — | -202.6% | -56.8% | +113.3% | −45% / +8% |
| BRLSBorealis Foods Inc. | 24.7 m | — | — | -56.5% | +8.2% | −38% / −90% |
| HAINThe Hain Celestial Group, Inc. | 13.7 m | — | -96.8% | -22.5% | −13.2% | −86% / −99% |
| DDCDDC Enterprise Limited | — | — | -124.4% | -123.3% | +4.6% | −96% / −100% |
| NOMDNomad Foods Limited | — | — | 5.3% | 4.5% | −2.2% | +2% / −22% |
1- and 3-year price returns: for OTLY from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
| 3 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
| 5 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 13 Mar 2026; since then the company filed 6-K (28 Oct 2026), 6-K (24 Sept 2026), 6-K (22 Jul 2026), 6-K (20 May 2026).
In brief
Oatly Group AB describes itself as the world's original and largest oatmilk company, selling products in more than 60 countries. It matters now because it is pursuing profitability under an asset-light model amid inflation and trade uncertainty 1.
SWOT
Strengths
- The company holds a stated leadership position in oatmilk, with patented technology and a broad range of products used in cafes and retail.
- Its foodservice-led market entry and a brand seen as aligned with sustainability support geographic expansion.
- The asset-light model reduces capital spending and lets the company adjust production capacity without large new factory investments.
Weaknesses
- The company reported net losses in the recent period and cannot be sure it will achieve or sustain profitability.
- Reliance on a limited number of regional oat suppliers and a single supplier for a key enzyme creates operational risk.
- High fixed costs at existing facilities limit flexibility when volumes or prices change.
Opportunities
- The plant-based dairy market is still early in many countries, which could allow the company to grow its share.
- Expansion into new European markets and the Middle East or Latin America could open additional sales channels.
- The strategic review of the China business could result in a transaction that maximises the value of that part of the company.
Threats
- Inflationary pressure and rising transport and energy costs could reduce margins if prices cannot be adjusted.
- Uncertainty over trade tariffs and geopolitical conflict could disrupt supply chains and weaken consumer demand.
- Competition from other brands and cow's milk could intensify price pressure and shelf competition.
Risks
- Lack of profitabilityhigh
The company has reported net losses in the recent period and cannot guarantee it will achieve or sustain profitability, which could limit its ability to invest.
- Raw material supplyhigh
The supply chain depends on a few regional oat suppliers, and climate or trade disruption could raise costs and reduce ingredient availability.
- Capital and financing needsmedium
The company has had negative operating cash flows and may need additional financing, which could be harder to obtain if market conditions worsen.
- Expansion into new marketsmedium
Entering countries without prior operating experience can involve high costs and uncertain results, especially if the strategy does not deliver as planned.
- Tariffs and trade tensionsmedium
Trade measures could raise ingredient and product costs, reducing margins and complicating negotiations with customers.
Investment thesis
What would need to be true (bull case)
- The company could benefit if demand for plant-based dairy keeps growing, especially among consumers concerned with sustainability.
- If the asset-light model reduces capital spending and improves margins, the company could reach durable profitability sooner.
- Its leadership in oatmilk and its foodservice strategy could provide an advantage that is hard to replicate if the brand keeps its presence.
What would break the thesis
- Recent net losses and high fixed costs could keep pressure on the balance sheet if revenue does not grow enough.
- Dependence on a few suppliers and uncertain tariffs could raise costs and compress margins.
- Competition from other brands and cow's milk could limit price increases and market share gains.
What to watch
- Results of the strategic review of the Greater China business2026
- Trend in margins and production costs after restructuringnext 10-K
- Revenue trend in the United States marketQ1 2027
- Effects of tariffs and geopolitical tensions on the supply chain2027
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 13 Mar 2026; since then the company filed 6-K (28 Oct 2026), 6-K (24 Sept 2026), 6-K (22 Jul 2026), 6-K (20 May 2026).
The business
Oatly builds its business on a proprietary, patented enzymatic process for oats, developed from the 1990s at Lund University. The company sells mainly oat-based drinks, along with cooking products, oat yogurts and frozen desserts, through foodservice, retail and e-commerce channels 1. Oatly presents itself as a sustainability-focused company, stating that most of its revenue comes from products with a lower climate impact than milk 1. It operates five production facilities and has moved toward an asset-light model including co-manufacturing partnerships 1.
Product strategy prioritises beverages, especially Barista Edition Oatmilk, which the company calls its best-selling product globally. Beverage Market Developers work with foodservice customers to create drinks that build brand awareness, with demand later spreading to retail 1. Oatly reports net losses in the recent period, including in 2024 and 2023, although it says adjusted EBITDA was positive in 2025 1.
Growth levers named by the company include entry into new markets such as Spain, Portugal and Mexico, deeper presence in existing channels and product innovation 1. The company has also started a strategic review of its Greater China business, which could lead to a possible carve-out, with no definitive timetable 1.
Segments
Oat-based drinks
Drinks, especially oatmilk and Barista Edition, are the company's main priority and the engine of its foodservice and retail expansion 1.
Adjacent dairy-alternative products
The company also operates in cooking products, oat yogurts and frozen desserts, which it describes as secondary to beverages but able to widen its range 1.
Greater China operations
The China business is under strategic review, with a possible carve-out, and the company expects to complete the review within 2026 1.
Market context
The company estimates global plant-based dairy retail sales were 21 billion dollars in 2025, about 2% growth on 2024 and roughly 3% of global dairy retail sales 1.
The United States is Oatly's largest end market by 2025 net sales, where plant-based milk is 10% of combined plant-based and dairy milk volumes, followed by Germany and the United Kingdom at 9% and 6% 1. The company considers the category still early in its development 1.
Trends
- Sustainability as a consumer choice drivertailwind
Consumers are increasingly aware of the climate impact of food, which could support demand for plant-based dairy if products are seen as lower impact 1.
- Younger consumers and brand valuestailwind
Younger consumers look for brands aligned with their values, and the company believes its approach fits this preference, which could support longer-term adoption 1.
- Inflation and production costsheadwind
Transport, energy, packaging and ingredient costs have risen, and the company may find it hard to offset these through pricing and to cut fixed costs quickly 1.
- Trade and geopolitical tensionsmixed
Uncertain US tariffs, the Middle East conflict and Russia-related sanctions could raise delivery costs and disrupt supply, but could also weigh on consumer demand depending on how events develop 1.
Competitive position
The company presents itself as the largest oatmilk company and says it is the top-selling oatmilk brand in several key markets 1. Competition comes from other plant-based dairy brands and from cow's milk producers, and the source does not detail exact market shares of competitors 1.
Its stated advantages are its foodservice-led strategy, patented technology and barista relationships, which it considers hard for competitors to replicate. If other players build their own foodservice networks, that advantage could narrow 1.
- Other plant-based dairy brands
The source refers to competition from other plant-based dairy brands without naming specific companies.
- Cow's milk producers
The company compares the climate impact of its products with cow's milk, which remains the main alternative in the category.
- Other food companies sourcing oats
The company competes with other food businesses for oats and other raw materials, which can affect input costs.
- Other plant-based beverage brands
The source notes that other players may offer products in similar categories, which could intensify competition for foodservice and retail space.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
- From Oatly to agritech: inside Sweden’s evolving foodtech ecosystemTech.eu · 16 Sept 2026 · EN
- Cine este Toni Petersson, cel care a dat lovitura cu laptele vegetal dezvoltând brandul Oatly, ajungând la o evaluare a businessului de 10 miliarde de dolariZiarul Financiar · 16 Aug 2026 · RO
The latest news item in our archive is from 16 Sept 2026; the newest SEC filing is from 28 Oct 2026. The press archive comes from the RSS feeds we follow and does not necessarily cover the latest event — the filings alongside do.
SEC filings
- Current report (foreign issuer)28 Oct 2026
- Current report (foreign issuer)28 Oct 2026
- Current report (foreign issuer)24 Sept 2026
- Current report (foreign issuer)22 Jul 2026
- Current report (foreign issuer)22 Jul 2026
- Current report (foreign issuer)20 May 2026
- Current report (foreign issuer)29 Apr 2026
- Current report (foreign issuer)29 Apr 2026
- Current report (foreign issuer)27 Apr 2026
- Current report (foreign issuer)10 Apr 2026
Sources
- [1] Form 20-F, fiscal year ended 2025-12-31 · SEC / Oatly Group AB · 13 Mar 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.