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AeroVironment AVAV Invested capital

Discontinued — last reported Q1 '24

Invested capital at other companies

Oneok logo
OneokOKE
8.6%-0.2pp
Rithm Capital logo
Rithm CapitalRITM
3.2%0.0pp
Citigroup logo
CitigroupC
32.6%+2.0pp
Morgan Stanley logo
Morgan StanleyMS
16.9%+0.4pp
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
20.5%-0.7pp
American Express logo
American ExpressAXP
49.1%-10.0pp

Other financials

Income statement

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Revenue$641.6M+133%
Gross profit$202.6M+102%
Operating income$56.9M+312%
Net income$63.2M+279%
EPS (diluted)$1.25+112%

Balance sheet

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Cash & equivalents$377.3M+823%
Total debt$106.6M+65.7%
Total equity$574.5M-4.2%
Total assets$5.7B+410%

Cash flow

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Operating cash flow$173.8M+65,948%
CapEx-$46.1M-640%
Free cash flow$127.8M+1,554%

Valuation

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Market cap$8.66B-33.7%
Enterprise value$8.39B-36.5%
P/S4.4×-7.6×

Profitability

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Gross margin25.3%-13.5pp
Operating margin-11.2%-16.2pp
Net margin-9%-14.3pp
FCF margin-4.7%+6.6pp

Returns & leverage

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Return on equity-24.8%
Debt / equity0.3×-0.1×
Current ratio4.3×+0.8×

Where this comes from

Calculated from AeroVironment’s reported figures.

The source filing: AeroVironment’s 10-Q, filed September 6, 2023. Open the filing →

Filed
Sep 6, 2023
Fiscal quarter
Q1 FY2024
Calendar quarter
Q3 2023
Accession
0001558370-23-015470

FAQ

What is AeroVironment's invested capital?
AeroVironment (AVAV) reported invested capital of $624.94M in Q2 2023.
How has AeroVironment's invested capital changed year-over-year?
AeroVironment's invested capital decreased by 13.2% year-over-year, from $719.62M to $624.94M.
What is the long-term trend for AeroVironment's invested capital?
Over 2 years (2021 to 2023), AeroVironment's invested capital has grown at a -8.0% compound annual growth rate (CAGR), from $686.12M to $580.93M.
What does invested capital mean?
Total debt plus shareholders' equity minus cash, at the quarter end. The capital actually put to work in the operating business — the denominator of return on invested capital (ROIC).

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