AeroVironment Inc (AVAV)
Net profit margin
| Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | Apr 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 59,666 | -176,167 | -4,185 | 23,345 | 41,070 |
| Revenue | US$ in thousands | 715,090 | 538,194 | 480,176 | 437,161 | 428,516 |
| Net profit margin | 8.34% | -32.73% | -0.87% | 5.34% | 9.58% |
April 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $59,666K ÷ $715,090K
= 8.34%
The net profit margin of AeroVironment Inc has shown fluctuations over the past five years. In April 2024, the net profit margin improved to 8.34% compared to the negative margin recorded in the previous year, indicating better profitability. However, in April 2023, the company experienced a significant decline with a negative net profit margin of -32.73%, suggesting challenges in generating profits relative to revenue. The company also reported a negative net profit margin in April 2022, albeit at a lesser extent of -0.87%. In April 2021 and 2020, AeroVironment Inc managed to achieve positive net profit margins of 5.34% and 9.58%, respectively, demonstrating stronger profitability during those periods. Overall, the company's net profit margin has been volatile, reflecting varying levels of efficiency in converting revenue into profits over the years.
Peer comparison
Apr 30, 2024