AeroVironment Inc (AVAV)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 40,795 | 33,084 | 50,451 | 57,779 | 59,898 | 78,970 | 91,057 | 103,090 | 70,084 | 49,513 | 27,753 | -12,928 | -19,414 | -27,295 | -35,176 | -7,849 | -7,661 | -18,513 | -11,900 | -21,574 |
| 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 |
| Operating profit margin | 5.18% | 4.46% | 6.63% | 7.61% | 7.98% | 10.75% | 13.00% | 15.48% | 10.44% | 7.93% | 4.57% | -2.28% | -3.95% | -5.86% | -8.00% | -1.70% | -1.74% | -4.30% | -2.68% | -4.86% |
April 30, 2025 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $40,795K ÷ $787,811K
= 5.18%
AeroVironment Inc's operating profit margin has exhibited significant variation over the analyzed period, transitioning from negative values to positive territory and showing signs of stabilization in recent periods. Initially, the company experienced operating losses, with margins recorded at -4.86% as of January 31, 2022, and fluctuated within a negative range, reaching as low as -8.00% on October 31, 2022. Throughout 2022 and early 2023, the operating margins showed marginal improvement, although remaining negative, with figures such as -2.68% (April 30, 2022) and -1.70% (October 29, 2022).
Beginning in mid-2023, the company's operating profit margin demonstrated a notable upward trend, transitioning into positive territory. For instance, by July 29, 2023, the margin turned positive at 4.57%, and it continued to improve, reaching 7.93% on July 31, 2023. The most significant recovery is observed in the October 2023 data when the operating margin increased sharply to 15.48%, indicating a substantial enhancement in operational efficiency and profitability. This favorable trend persisted into the early months of 2024, with a margin of 13.00% recorded on January 27, 2024, although a slight decline followed, with margins of 10.75% as of January 31, 2024, and subsequent figures around the 7-8% range in April and July 2024.
Overall, the trajectory reflects a transition from substantial operating losses to sustained positive margins, evidencing an improving operational landscape for AeroVironment Inc. The peak in late 2023 appears to correlate with optimized cost management and revenue growth, while the moderation in margins in 2024 suggests a period of stabilization rather than contraction. The data indicates ongoing operational improvements, although margins remain sensitive to market conditions and operational efficiencies moving forward.
Peer comparison
Apr 30, 2025