AeroVironment Inc (AVAV)
Operating profit margin
| Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | Apr 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 71,824 | -178,663 | -9,887 | 43,313 | 47,135 |
| Revenue | US$ in thousands | 715,090 | 538,194 | 480,176 | 437,161 | 428,516 |
| Operating profit margin | 10.04% | -33.20% | -2.06% | 9.91% | 11.00% |
April 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $71,824K ÷ $715,090K
= 10.04%
AeroVironment Inc's operating profit margin has displayed fluctuations over the past five years. In 2024, the company improved its operating profit margin to 10.04%, showing a positive trend compared to the previous year. However, in 2023, the margin was notably negative at -33.20%, indicating operational challenges that year.
Looking back further, in 2022, the operating profit margin was slightly negative at -2.06%, showing a modest improvement from the previous year. In 2021, the margin rebounded to a positive level of 9.91%, indicating better operational efficiency. The highest operating profit margin in the data set was recorded in 2020 at 11.00%, reflecting strong operational performance that year.
Overall, the operating profit margin of AeroVironment Inc has shown variability, with both positive and negative margins in recent years. It is essential for the company to focus on sustained operational improvements to enhance profitability and ensure long-term financial health.
Peer comparison
Apr 30, 2024