VSTO · Vista Outdoor Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue | $2.75B | $3.08B | $3.04B | $2.23B | $1.76B | $2.55B |
| Cost of Revenue | $1.89B | $2.05B | $1.94B | $1.59B | $1.40B | $1.64B |
| Gross Profit | $858.99M | $1.03B | $1.11B | $632.96M | $358.77M | $415.69M |
| R&D | $49.64M | $44.21M | $28.74M | $22.54M | $23.00M | $27.74M |
| SG&A | $540.08M | $504.48M | $434.27M | $337.46M | $302.55M | $377.05M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $99.29M | $92.09M | $72.34M | $65.11M | $67.86M | $53.13M |
| Operating Income | $50.45M | $107.86M | $646.22M | $272.96M | ($131.80M) | ($610.28M) |
| Interest Expense | - | - | $25.26M | $25.57M | $38.79M | $57.19M |
| Income Tax | ($8.98M) | $60.38M | $147.73M | ($6.63M) | ($15.95M) | ($25.83M) |
| Net Income | ($5.50M) | ($9.72M) | $473.23M | $266.01M | ($155.08M) | ($648.44M) |
| EPS - Basic | ($0.10) | ($0.17) | $8.27 | ($2.68) | - | ($11.27) |
| EPS - Diluted | ($0.10) | ($0.17) | $8.00 | ($2.68) | - | ($11.27) |
Balance Sheet
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $60.27M | $86.21M | $22.58M | $243.26M | $31.38M | $21.93M |
| Accounts Receivable | $355.90M | $339.37M | $356.77M | $301.57M | $313.52M | $344.25M |
| Inventory | $610.00M | $709.90M | $642.98M | $454.50M | $331.29M | $344.49M |
| Accounts Payable | $163.41M | $136.56M | $146.70M | $163.84M | $90.00M | $99.28M |
| Current Assets | $1.08B | $1.20B | $1.11B | $1.06B | $709.01M | $939.46M |
| Total Assets | $2.40B | $2.80B | $2.40B | $1.76B | $1.39B | $1.74B |
| Current Liabilities | $385.30M | $453.87M | $393.87M | $370.82M | $246.70M | $317.20M |
| Long-term Debt | $717.24M | $984.66M | $666.11M | $495.56M | $511.81M | $684.67M |
| Total Liabilities | $1.28B | $1.67B | $1.27B | $1.03B | $948.78M | $1.13B |
| Stockholders' Equity | $1.13B | $1.13B | $1.12B | $737.00M | $442.50M | $609.04M |
| Retained Earnings | ($236.03M) | ($230.53M) | ($220.81M) | ($694.04M) | ($960.05M) | ($804.97M) |
Cash Flow
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $400.89M | $486.19M | $318.31M | $345.37M | $76.75M | $97.47M |
| Investing Cash Flow | ($46.68M) | ($789.67M) | ($587.84M) | ($102.02M) | $133.08M | $112.72M |
| Financing Cash Flow | ($380.44M) | $367.21M | $48.97M | ($31.64M) | ($200.06M) | ($211.11M) |
| CapEx | $30.53M | $38.81M | $42.78M | $30.17M | $23.77M | $42.24M |
| Free Cash Flow | $370.35M | $447.38M | $275.53M | $315.21M | $52.98M | $55.23M |
Ratios
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 31.3% | 33.5% | 36.4% | 28.4% | 20.4% | 16.3% |
| Operating margin | 1.8% | 3.5% | 21.2% | 12.3% | -7.5% | -24.0% |
| EBITDA margin | 5.5% | 6.5% | 23.6% | 15.2% | -3.6% | -21.9% |
| Net margin | -0.2% | -0.3% | 15.5% | 12.0% | -8.8% | -25.5% |
| Free cash flow margin | 13.5% | 14.5% | 9.0% | 14.2% | 3.0% | 2.2% |
| FCF / Net income | -67.28 | -46.04 | 0.58 | 1.18 | -0.34 | -0.09 |
| R&D / Revenue | 1.8% | 1.4% | 0.9% | 1.0% | 1.3% | 1.1% |
| SG&A / Revenue | 19.7% | 16.4% | 14.3% | 15.2% | 17.2% | 14.8% |
| Effective tax rate | - | 119.2% | 23.8% | -2.6% | - | - |
| Return on assets | -0.2% | -0.3% | 19.7% | 15.1% | -11.1% | -37.3% |
| Return on equity | -0.5% | -0.9% | 42.1% | 36.1% | -35.0% | -106.5% |
| Return on invested capital | 2.2% | 2.5% | 27.5% | 22.1% | -10.9% | -37.3% |
| Liquidity | ||||||
| Current ratio | 2.79 | 2.64 | 2.82 | 2.87 | 2.87 | 2.96 |
| Quick ratio | 1.21 | 1.07 | 1.19 | 1.64 | 1.53 | 1.88 |
| Cash ratio | 0.16 | 0.19 | 0.06 | 0.66 | 0.13 | 0.07 |
| Leverage | ||||||
| Debt / Equity | 0.64 | 0.87 | 0.59 | 0.67 | 1.16 | 1.12 |
| Debt / Assets | 0.30 | 0.35 | 0.28 | 0.28 | 0.37 | 0.39 |
| Debt / EBITDA | 4.79 | 4.92 | 0.93 | 1.47 | - | - |
| Interest coverage | - | - | 25.6x | 10.7x | -3.4x | -10.7x |
| Equity multiplier | 2.13 | 2.47 | 2.13 | 2.39 | 3.14 | 2.85 |
| Liabilities / Assets | 0.53 | 0.60 | 0.53 | 0.58 | 0.68 | 0.65 |
| Efficiency | ||||||
| Asset turnover | 1.14 | 1.10 | 1.27 | 1.26 | 1.26 | 1.47 |
| Inventory turnover | 3.09 | 2.89 | 3.01 | 3.50 | 4.22 | 4.77 |
| Days sales outstanding | 47d | 40d | 43d | 49d | 65d | 49d |
| Days inventory outstanding | 118d | 126d | 121d | 104d | 87d | 77d |
| Days payable outstanding | 32d | 24d | 28d | 38d | 24d | 22d |
| Cash conversion cycle | 134d | 142d | 136d | 116d | 128d | 104d |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | -10.8% | 1.2% | 36.8% | 26.7% | -31.1% | 10.3% |
| Revenue CAGR (3y) | 7.3% | 20.6% | 6.1% | -1.2% | -11.7% | 3.9% |
| Revenue CAGR (5y) | 1.5% | 5.9% | 3.6% | -0.4% | 8.0% | - |
| Gross profit growth (YoY) | -16.7% | -7.1% | 75.2% | 76.4% | -13.7% | -20.2% |
| Operating income growth (YoY) | -53.2% | -83.3% | 136.7% | - | 78.4% | -621.6% |
| Net income growth (YoY) | 43.4% | - | 77.9% | - | 76.1% | -976.6% |
| EPS growth (YoY) | 41.2% | - | - | - | - | -973.3% |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | -17.2% | 62.4% | -12.6% | 495.0% | -4.1% | -70.3% |
| FCF CAGR (5y) | 46.3% | 19.2% | 33.9% | 15.0% | 0.4% | - |
| Book value growth (YoY) | -0.5% | 0.7% | 52.6% | 66.6% | -27.3% | -50.0% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2024-03-31.
Business segments
$2.75B totalThe Kinetic Group$1.45B · 52.9%
Revelyst Adventure Sports$607.52M · 22.1%
Revelyst Outdoor Performance$450.06M · 16.4%
Revelyst Precision Sports Technology$235.85M · 8.6%
Stability scores
Altman Z′
FY 2024 · bankruptcy risk
1.70
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2024 · 9-point quality
6/9
Neutral
- ✗Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- ✓Current ratio improved
- ✗No share dilution
- ✗Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Ordnance & Accessories, (No Vehicles/Guided Missiles)
Comparing Vista Outdoor Inc. against the 5 most active filers in the same SIC group.