Vestis Corporation (VSTS)
Operating profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | ||
|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 221,134 | 217,909 | 184,058 | 175,265 |
| Revenue (ttm) | US$ in thousands | 2,842,513 | 2,825,286 | 2,792,558 | 2,762,895 |
| Operating profit margin | 7.78% | 7.71% | 6.59% | 6.34% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $221,134K ÷ $2,842,513K
= 7.78%
The operating profit margin of Vestis Corporation has shown a gradual increase over the four quarters of the year. Starting at 6.34% in March 2023, it has steadily risen to 7.78% by December 2023. This improvement indicates that the company has been able to effectively control its operating expenses relative to its revenue. Consistent growth in operating profit margin is a positive sign of operational efficiency and financial health, suggesting that Vestis Corporation has been managing its costs effectively and generating higher profits from its core business activities throughout the year. It is essential for the company to continue this trend to ensure sustainable profitability in the future.
Peer comparison
Dec 31, 2023