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.


Peer comparison

Dec 31, 2023