Viad Corp (VVI)

Net profit margin

		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	Mar 31, 2019
Net income (ttm)	US$ in thousands	16,017	25,624	22,474	31,352	23,220	6,415	-16,639	-78,504	-92,655	-120,584	-166,409	-330,661	-374,094	-329,049	-266,875	-46,773	22,035	25,141	31,114	40,780
Revenue (ttm)	US$ in thousands	1,206,572	1,201,986	1,217,882	1,230,247	1,145,072	1,059,757	873,248	597,613	488,124	334,814	168,297	138,328	407,336	702,063	1,003,473	1,377,118	1,358,273	1,338,442	1,335,023	1,297,024
Net profit margin		1.33%	2.13%	1.85%	2.55%	2.03%	0.61%	-1.91%	-13.14%	-18.98%	-36.02%	-98.88%	-239.04%	-91.84%	-46.87%	-26.60%	-3.40%	1.62%	1.88%	2.33%	3.14%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $16,017K ÷ $1,206,572K
= 1.33%

The net profit margin of Viad Corp. has demonstrated variability over the past eight quarters. In Q4 2023, the net profit margin was 0.50%, representing a decrease from the previous quarter but still positive, indicating that the company was able to generate a profit relative to its revenue. This follows a pattern of fluctuation in net profit margin, with Q3 2023 showing a higher margin of 1.35%, suggesting improved profitability compared to Q4 2023.

Looking at the historical data, Viad Corp. experienced some challenges in its profitability in previous quarters, such as negative net profit margins in Q3 2022 (-1.07%), Q2 2022 (-3.36%), and Q1 2022 (-13.48%). These negative margins indicate that the company incurred more costs than revenues generated in those quarters.

Overall, Viad Corp.'s net profit margin has exhibited ups and downs, reflecting the company's ability to efficiently control costs and generate profits from its operations. It is important for the company to focus on maintaining and improving its profitability to ensure long-term financial sustainability and shareholder value.