Alpha Metallurgical Resources Inc (AMR)
Gross 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,048,923 | 844,330 | 977,267 | 1,382,048 | 1,471,732 | 1,470,611 | 1,361,998 | 778,623 | 359,373 | 144,050 | -2,415 | -219,874 | -237,862 | 230,384 | 252,025 | 1,046,263 | 1,608,970 | 1,742,444 | 2,159,225 |
| Revenue (ttm) | US$ in thousands | 3,471,417 | 3,334,874 | 3,462,822 | 3,940,861 | 4,101,586 | 4,106,455 | 3,885,528 | 2,944,393 | 2,258,686 | 1,754,220 | 1,440,971 | 1,399,636 | 1,416,187 | 1,591,412 | 1,781,684 | 2,083,950 | 2,290,260 | 2,363,268 | 2,285,275 |
| Gross profit margin | 30.22% | 25.32% | 28.22% | 35.07% | 35.88% | 35.81% | 35.05% | 26.44% | 15.91% | 8.21% | -0.17% | -15.71% | -16.80% | 14.48% | 14.15% | 50.21% | 70.25% | 73.73% | 94.48% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,048,923K ÷ $3,471,417K
= 30.22%
Alpha Metallurgical Resources Inc's gross profit margin has shown a decreasing trend over the past eight quarters, starting at 44.27% in Q4 2022 and declining to 32.13% in Q4 2023. This indicates a decline in the profitability of the company's core business operations over time. The decrease in gross profit margin could be attributed to various factors such as increased production costs, pricing pressures, or inefficiencies in cost management. It is essential for the company to closely monitor and address the factors impacting its gross profit margin to improve overall profitability and financial performance.
Peer comparison
Dec 31, 2023