Vista Outdoor Inc (VSTO)

Operating profit margin

Mar 31, 2024 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
Operating income (ttm) US$ in thousands 50,453 -304,501 -27,766 27,616 107,855 553,158 615,419 674,991 646,222 592,491 502,525 387,042 291,429 44,822 -5,490 -79,006 -131,803 -20,728 -554,548 -575,434
Revenue (ttm) US$ in thousands 2,750,022 2,726,732 2,795,423 2,902,920 3,020,596 3,101,405 3,153,565 3,158,303 3,018,778 2,814,090 2,595,078 2,392,181 2,207,600 2,037,387 1,881,229 1,741,466 1,717,908 1,806,933 1,845,732 1,945,474
Operating profit margin 1.83% -11.17% -0.99% 0.95% 3.57% 17.84% 19.52% 21.37% 21.41% 21.05% 19.36% 16.18% 13.20% 2.20% -0.29% -4.54% -7.67% -1.15% -30.04% -29.58%

March 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $50,453K ÷ $2,750,022K
= 1.83%

The operating profit margin of Vista Outdoor Inc has shown a fluctuating trend over the past several quarters. The company experienced a low operating profit margin of -30.04% in the fourth quarter of 2019 and -29.58% in the third quarter of 2019, indicating significant losses during that period. However, the operating profit margin improved steadily over the next quarters, reaching a peak of 21.41% in the first quarter of 2022.

Subsequently, the operating profit margin decreased to 1.83% in the first quarter of 2024. The negative operating profit margins recorded in the fourth quarter of 2023 and the third quarter of 2023 (-11.17% and -0.99% respectively) suggest that the company faced challenges in generating profits during those periods.

Overall, the operating profit margin of Vista Outdoor Inc has been fluctuating, with periods of strong profitability followed by significant declines. It is important for the company to closely monitor its operating expenses and revenue-generating activities to sustain and improve its profitability levels in the future.


Peer comparison

Mar 31, 2024