Vista Outdoor Inc (VSTO)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 31.24% | 32.06% | 32.56% | 33.21% | 34.13% | 34.91% | 35.68% | 36.77% | 36.74% | 35.69% | 34.14% | 31.31% | 28.67% | 26.27% | 24.49% | 22.34% | 20.88% | 20.67% | 20.53% | 20.43% |
| 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% |
| Pretax margin | -0.53% | -13.70% | -3.58% | -1.38% | 1.68% | 16.39% | 18.46% | 20.55% | 20.57% | 23.34% | 22.60% | 19.70% | 16.98% | 12.98% | 10.25% | 6.45% | 3.19% | 4.66% | -24.88% | -25.14% |
| Net profit margin | -0.20% | -12.47% | -4.53% | -2.67% | -0.32% | 12.81% | 14.28% | 15.72% | 15.68% | 19.29% | 19.41% | 18.55% | 17.28% | 13.92% | 11.66% | 7.34% | 4.12% | 4.73% | -24.04% | -23.89% |
Vista Outdoor Inc's profitability ratios have shown fluctuations over the past few quarters. The gross profit margin has been declining gradually, from a high of 36.77% in Jun 30, 2022, to 31.24% in Mar 31, 2024. This indicates the company is experiencing increasing costs related to sales that are impacting its profitability.
In terms of operating profit margin, there have been some significant swings, with a sharp decline from 21.37% in Jun 30, 2022, to -11.17% in Dec 31, 2023. This suggests the company may have faced challenges in managing its operating expenses efficiently during this period.
Similarly, the pretax margin and net profit margin have also shown variability. Both margins have been negative in some quarters, indicating that the company has struggled with generating profits before and after taxes in those periods.
Overall, Vista Outdoor Inc's profitability ratios reflect a mix of performance, with some periods of strong profitability and others marked by challenges. It will be important for the company to closely monitor its cost structure and revenue generation strategies to improve its profitability in the future.
Return on investment
| 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 return on assets (Operating ROA) | 2.10% | -12.41% | -1.01% | 0.98% | 3.85% | 16.61% | 18.11% | 27.47% | 26.97% | 25.09% | 24.90% | 20.90% | 16.51% | 2.93% | -0.38% | -5.69% | -9.45% | -1.34% | -34.04% | -30.92% |
| Return on assets (ROA) | -0.23% | -13.86% | -4.61% | -2.76% | -0.35% | 11.94% | 13.26% | 20.21% | 19.75% | 22.98% | 24.96% | 23.96% | 21.61% | 18.55% | 15.33% | 9.21% | 5.07% | 5.52% | -27.24% | -24.97% |
| Return on total capital | 2.74% | -16.49% | -1.35% | 1.40% | 5.16% | 22.19% | 23.19% | 54.03% | 36.09% | 33.93% | 36.41% | 31.28% | 25.14% | 6.30% | -0.60% | -8.46% | -13.81% | -1.84% | -47.53% | -43.10% |
| Return on equity (ROE) | -0.49% | -31.40% | -10.33% | -6.58% | -0.86% | 27.98% | 33.38% | 39.74% | 42.09% | 52.69% | 53.86% | 55.42% | 51.76% | 43.06% | 38.18% | 26.12% | 15.99% | 14.13% | -75.41% | -78.11% |
Vista Outdoor Inc's profitability ratios exhibit significant variability over the examined periods.
- Operating return on assets (Operating ROA) fluctuated, ranging from a high of 27.47% in the second quarter of 2022 to a low of -12.41% in the fourth quarter of 2023.
- Return on assets (ROA) experienced a similar pattern, with a peak of 24.96% in the third quarter of 2021 and a nadir of -27.24% in the third quarter of 2019.
- Return on total capital also showed substantial fluctuations, reaching its highest point of 54.03% in the third quarter of 2022 and its lowest point of -47.53% in the third quarter of 2019.
- Return on equity (ROE) varied greatly, from a high of 55.42% in the second quarter of 2021 to a low of -78.11% in the fourth quarter of 2019.
The divergent trends in these ratios suggest challenges in consistently generating profits and optimizing the use of assets and capital across different periods. Investors may need to delve deeper into the company's operational and financial performance to understand the reasons behind such fluctuations and the sustainability of its profitability levels.