Vestis Corporation (VSTS)
Operating profit margin
Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | ||
---|---|---|---|---|---|---|---|---|
Operating income (ttm) | US$ in thousands | 157,951 | 188,605 | 216,762 | 221,134 | 217,909 | 184,058 | 175,265 |
Revenue (ttm) | US$ in thousands | 2,805,396 | 2,837,440 | 2,848,575 | 2,842,513 | 2,825,286 | 2,792,558 | 2,762,895 |
Operating profit margin | 5.63% | 6.65% | 7.61% | 7.78% | 7.71% | 6.59% | 6.34% |
September 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $157,951K ÷ $2,805,396K
= 5.63%
The operating profit margin of Vestis Corporation has exhibited some fluctuations over the past seven quarters, ranging from a low of 5.63% in September 2024 to a high of 7.78% in December 2023. The trend seems to indicate a general decline from the peak in December 2023. This suggests that the company's ability to generate profits from its core operations may have weakened in recent quarters. It would be important for Vestis Corporation to closely monitor and analyze the factors contributing to these fluctuations in order to address any underlying issues and work towards improving the operating profit margin in the future.
Peer comparison
Sep 30, 2024