National Vision Holdings Inc (EYE)
Operating profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -46,826 | -43,347 | 46,609 | 57,255 | 61,275 | 79,011 | 114,363 | 150,821 | 174,937 | 223,884 | 227,967 | 131,540 | 87,007 | 38,472 | -5,210 | 58,090 | 73,575 | 45,827 | 32,632 | 35,903 |
| Revenue (ttm) | US$ in thousands | 2,127,386 | 2,090,382 | 2,057,053 | 2,041,121 | 2,006,691 | 2,015,422 | 2,034,012 | 2,073,788 | 2,080,159 | 2,085,883 | 2,040,676 | 1,734,821 | 1,662,479 | 1,580,489 | 1,520,846 | 1,697,577 | 1,687,763 | 1,641,922 | 1,606,635 | 1,562,202 |
| Operating profit margin | -2.20% | -2.07% | 2.27% | 2.81% | 3.05% | 3.92% | 5.62% | 7.27% | 8.41% | 10.73% | 11.17% | 7.58% | 5.23% | 2.43% | -0.34% | 3.42% | 4.36% | 2.79% | 2.03% | 2.30% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-46,826K ÷ $2,127,386K
= -2.20%
The operating profit margin of National Vision Holdings Inc has shown fluctuations over the past years, ranging from negative figures to positive percentages. The margin has experienced a downward trend from 11.17% in Jun 2021 to -2.20% in Dec 2023, indicating a decrease in profitability over this period. While there were some periods where the margin was positive, the company has struggled to maintain consistent profitability, with margins varying significantly quarter to quarter. This suggests potential challenges in controlling operating expenses or generating sufficient revenue to cover costs. Further analysis of the company's cost structure and revenue drivers may be warranted to address the fluctuating operating profit margin.
Peer comparison
Dec 31, 2023