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Net margin at other companies

L3Harris Technologies logo
L3Harris TechnologiesLHX
4.5%+0.1pp
Lockheed Martin logo
Lockheed MartinLMT
6.4%-1.3pp
Northrop Grumman logo
Northrop GrummanNOC
10.8%+1.6pp
Booz Allen Hamilton logo
Booz Allen HamiltonBAH
7.6%-0.2pp
Leonardo DRS, Inc. logo
Leonardo DRS, Inc.DRS
7.8%+0.9pp
Crane Co. logo
Crane Co.CR
13.4%-2.1pp

Other financials

Income statement

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Revenue$408.0M+143%
Gross profit$98.8M+56.3%
Operating income-$179.0M-5,700%
Net income-$156.6M-8,825%
EPS (diluted)-$3.15-5,150%

Balance sheet

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Cash & equivalents$289.9M+517%
Total debt$826.0M+1,296%
Total equity$574.5M-4.2%
Total assets$5.5B+420%

Cash flow

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Operating cash flow-$5.1M+80.2%
CapEx$12.6M+228%
Free cash flow-$17.7M+40.2%

Valuation

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Market cap$8.58B+174%
Enterprise value$9.12B+183%
P/S5.3×+1.1×

Profitability

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Gross margin24.7%-14.8pp
Operating margin-16.4%-20.9pp
FCF margin-14.2%-29.6pp

Returns & leverage

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Return on equity-24.8%
Debt / equity0.3×-0.1×
Current ratio5.5×+1.3×

Where this comes from

Calculated from AeroVironment’s reported figures.

Based on trailing twelve months.

The official record: AeroVironment’s 10-Q, filed March 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is AeroVironment's net margin?
AeroVironment (AVAV) reported net margin of -13.9% in Q4 2025.
How has AeroVironment's net margin changed year-over-year?
AeroVironment's net margin decreased by 413.5% year-over-year, from 4.4% to -13.9%.
What is the long-term trend for AeroVironment's net margin?
Over 3 years (2021 to 2025), AeroVironment's net margin has grown at a -3.5% compound annual growth rate (CAGR), from 5.9% to 5.3%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.