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