Alpha Metallurgical Resources Inc (AMR)
Gross profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Gross profit | US$ in thousands | 306,603 | 969,887 | 1,688,500 | 455,553 | -13,923 |
Revenue | US$ in thousands | 2,957,280 | 3,471,420 | 4,101,590 | 2,258,590 | 1,416,190 |
Gross profit margin | 10.37% | 27.94% | 41.17% | 20.17% | -0.98% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $306,603K ÷ $2,957,280K
= 10.37%
Alpha Metallurgical Resources Inc's gross profit margin has shown a fluctuating trend over the past five years. In 2020, the company reported a negative gross profit margin of -0.98%, indicating that the cost of goods sold exceeded its revenues, resulting in a loss at the gross profit level.
However, by December 31, 2021, the gross profit margin improved significantly to 20.17%, suggesting that the company was able to increase its revenues and/or decrease its cost of goods sold. This improvement continued into 2022, where the gross profit margin further increased to 41.17%, indicating a strong performance in generating profits on its products or services.
In 2023, there was a slight dip in the gross profit margin to 27.94%, although it remained at a healthy level, indicating that the company was still able to generate a substantial profit after accounting for its direct costs. By the end of 2024, the gross profit margin decreased to 10.37%, signaling a decrease in profitability compared to the previous year.
Overall, the fluctuating trend in Alpha Metallurgical Resources Inc's gross profit margin highlights the company's ability to manage its direct costs and generate profits from its core operations, albeit with some variability in performance over the years.
Peer comparison
Dec 31, 2024