Vista Outdoor Inc (VSTO)
Profitability ratios
Return on sales
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 31.24% | 34.13% | 36.74% | 28.66% | 20.92% |
| Operating profit margin | 1.84% | 3.57% | 21.40% | 13.20% | -7.68% |
| Pretax margin | -0.53% | 1.68% | 20.57% | 11.75% | -17.68% |
| Net profit margin | -0.20% | -0.32% | 15.67% | 12.05% | -16.75% |
The profitability ratios of Vista Outdoor Inc have shown fluctuations over the past five years. The gross profit margin has generally decreased from 36.74% in 2022 to 31.24% in 2024. This indicates a decrease in the percentage of revenue remaining after deducting the cost of goods sold.
The operating profit margin has also shown a decreasing trend, declining from 21.40% in 2022 to 1.84% in 2024. This suggests that the company's operating expenses are consuming a larger portion of its revenue.
The pretax margin has been volatile, with significant fluctuations over the years. While it was negative at -0.53% in 2024, it reached a high of 20.57% in 2022. This indicates variability in the company's ability to generate profits before taxes.
The net profit margin, which reflects the company's bottom line profitability, has also shown inconsistency. It was negative in 2024 and 2023, suggesting that the company's expenses were higher than its revenue during those years. In contrast, it was positive in 2022 and 2021, indicating that the company was able to generate profits after all expenses were deducted.
Overall, Vista Outdoor Inc's profitability ratios indicate fluctuations in its profitability over the past five years, with varying levels of efficiency in managing costs and generating profits.
Return on investment
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 2.10% | 3.85% | 26.97% | 16.51% | -9.45% |
| Return on assets (ROA) | -0.23% | -0.35% | 19.75% | 15.07% | -20.60% |
| Return on total capital | 2.74% | 5.10% | 36.09% | 23.64% | -13.81% |
| Return on equity (ROE) | -0.49% | -0.86% | 42.09% | 36.09% | -64.93% |
Vista Outdoor Inc's profitability ratios show fluctuations over the past five years.
1. Operating return on assets (Operating ROA) indicates how efficiently the company generates operating profits from its assets. The ratio has decreased from 26.97% in 2022 to 2.10% in 2024, suggesting a decline in operational efficiency.
2. Return on assets (ROA) measures overall profitability by assessing how well the company utilizes its assets to generate profits. The negative ROA figures in 2020 and 2021 indicate that the company was not profitable during those years. However, the ratios improved in 2022 and 2023 but turned negative again in 2024.
3. Return on total capital reflects the company's ability to generate returns for both equity and debt holders. The ratio has decreased significantly from 36.09% in 2022 to 2.74% in 2024, indicating a decline in overall profitability.
4. Return on equity (ROE) shows the returns generated for the shareholders. The negative ROE in 2020 and 2021 indicates that the company was not profitable enough to provide returns to its equity holders during those years. While the ratio improved in 2022 and 2023, it turned negative again in 2024.
Overall, the profitability ratios of Vista Outdoor Inc have shown volatility and decline in recent years, suggesting challenges in generating profits and efficiently utilizing assets and capital.