AeroVironment Inc (AVAV)
Net profit margin
| Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Jan 27, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 43,619 | 33,001 | 48,640 | 54,982 | 51,656 | 63,450 | 71,460 | 79,470 | -98,580 | -117,096 | -139,667 | -168,230 | -14,649 | -22,368 | -30,081 | -20,627 | -13,988 | -5,628 | 5,286 | 5,056 |
| Revenue (ttm) | US$ in thousands | 787,811 | 742,556 | 761,498 | 759,618 | 750,951 | 734,788 | 700,557 | 665,864 | 671,089 | 624,668 | 606,716 | 566,415 | 491,958 | 466,079 | 439,548 | 460,586 | 439,095 | 430,215 | 444,359 | 444,087 |
| Net profit margin | 5.54% | 4.44% | 6.39% | 7.24% | 6.88% | 8.64% | 10.20% | 11.93% | -14.69% | -18.75% | -23.02% | -29.70% | -2.98% | -4.80% | -6.84% | -4.48% | -3.19% | -1.31% | 1.19% | 1.14% |
April 30, 2025 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $43,619K ÷ $787,811K
= 5.54%
The net profit margin of AeroVironment Inc. demonstrates significant variability over the observed period, reflecting notable fluctuations in profitability. Initially, during early 2022, the company maintained positive net profit margins, with values such as 1.14% in January and 1.19% in April, indicating modest profitability. However, a decline commenced thereafter, with the margin turning negative by July 2022, reaching -1.31% and further decreasing to -3.19% by the end of July. The downward trend persisted into late 2022, with the margin falling to -4.48% in October and reaching -6.84% by the end of October 2022, signifying ongoing profitability pressures.
The negative margins persisted into early 2023, with a slight improvement to -4.80% in January and a partial recovery to -2.98% in January 2023. Nevertheless, the situation worsened significantly by April 2023, when the net profit margin plummeted to -29.70%, the lowest point in the period observed, indicating substantial losses. Although there was some improvement by July and October 2023, with margins decreasing to -23.02% and -18.75% respectively, the company continued operating at a deficit.
A notable turnaround is observed in late 2023, with the net profit margin turning positive at 11.93% in October 2023. This marked a significant shift from losses to profitability. The positive trend persisted into early 2024, with the margin at 10.20% in January, then declining slightly to 8.64% in January 2024, followed by modest fluctuations through April and July 2024, where margins stood at 6.88%, 7.24%, and 6.39% respectively. By the end of October 2024, a slight decrease to 4.44% is noted, with a marginal increase to 5.54% projected for April 2025.
Overall, AeroVironment Inc.'s net profit margin exhibits a pattern of initial modest profitability, a period of significant losses spanning from mid-2022 to mid-2023, and a subsequent recovery commencing in late 2023. The recent positive margins indicate an improved profitability stance, although the margins remain relatively moderate, reflecting ongoing volatility and the potential influence of market or operational factors impacting profitability.
Peer comparison
Apr 30, 2025