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 | ||
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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