AeroVironment Inc (AVAV)
Operating profit margin
| Apr 30, 2024 | Jan 27, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 30, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | Apr 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | Apr 30, 2020 | Jul 27, 2019 | Apr 30, 2019 | Oct 27, 2018 | Jul 28, 2018 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 71,824 | -99,803 | -109,530 | -149,022 | -178,663 | 32 | -18,701 | -1,048 | -9,887 | -5,140 | 22,884 | 31,842 | 65,250 | 66,385 | 57,630 | 51,977 | 44,880 | 53,852 | 48,868 | 52,755 |
| Revenue (ttm) | US$ in thousands | 715,435 | 704,843 | 652,660 | 583,428 | 539,407 | 496,023 | 461,264 | 482,030 | 485,044 | 478,879 | 471,908 | 427,008 | 451,353 | 402,249 | 397,514 | 383,043 | 325,863 | 356,333 | 323,036 | 315,858 |
| Operating profit margin | 10.04% | -14.16% | -16.78% | -25.54% | -33.12% | 0.01% | -4.05% | -0.22% | -2.04% | -1.07% | 4.85% | 7.46% | 14.46% | 16.50% | 14.50% | 13.57% | 13.77% | 15.11% | 15.13% | 16.70% |
April 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $71,824K ÷ $715,435K
= 10.04%
The operating profit margin of AeroVironment Inc has been fluctuating over the past few years, with both positive and negative values recorded. The trend shows some volatility, with periods of profitability alternating with periods of losses.
In recent quarters, the operating profit margin has improved, reaching around 10% for the most recent quarter. This indicates that the company's efficiency in generating profits from its core operations has increased.
However, it is important to note that there were significant periods of negative operating profit margins, particularly in the fiscal years of 2023 and 2022, which may indicate challenges or inefficiencies in cost management or revenue generation during those periods.
Overall, the company's management may need to focus on sustaining and improving the operating profit margin to ensure long-term profitability and financial health. Potential strategies to achieve this could include cost-cutting measures, revenue growth initiatives, and efficiency improvements in operations.
Peer comparison
Apr 30, 2024