Alpha Metallurgical Resources Inc (AMR)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 721,956 | 1,448,540 | 288,790 | -446,899 | -316,319 |
| Revenue | US$ in thousands | 3,471,420 | 4,101,590 | 2,258,690 | 1,416,190 | 2,001,280 |
| Net profit margin | 20.80% | 35.32% | 12.79% | -31.56% | -15.81% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $721,956K ÷ $3,471,420K
= 20.80%
Alpha Metallurgical Resources Inc's net profit margin has shown varying performance over the past four years. In 2023, the net profit margin stood at 20.80%, reflecting a decrease from the previous year. This decline indicates that the company's profitability relative to its total revenue has weakened.
Comparing this to 2022, where the net profit margin was 35.32%, it is evident that there was a significant decrease in profitability in 2023. The substantial decrease in net profit margin could be a result of increased expenses or a decrease in sales revenue.
In 2021, Alpha Metallurgical Resources Inc's net profit margin was 12.79%, indicating a moderate level of profitability. This was an improvement compared to 2020 when the company had a negative net profit margin of -31.56%. The negative net profit margin in 2020 suggests that the company incurred more expenses than it generated in revenue, leading to a loss.
Overall, the fluctuation in Alpha Metallurgical Resources Inc's net profit margin over the past four years highlights the company's varying ability to convert revenue into profit and indicates the need for further analysis to identify the underlying factors driving these changes in profitability.
Peer comparison
Dec 31, 2023