Alpha Metallurgical Resources Inc (AMR)
Pretax margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Earnings before tax but after interest (EBT) | US$ in thousands | 210,750 | 845,459 | 1,554,750 | 290,538 | -243,634 |
Revenue | US$ in thousands | 2,957,280 | 3,471,420 | 4,101,590 | 2,258,590 | 1,416,190 |
Pretax margin | 7.13% | 24.35% | 37.91% | 12.86% | -17.20% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $210,750K ÷ $2,957,280K
= 7.13%
Alpha Metallurgical Resources Inc's pretax margin has exhibited significant fluctuations over the past five years. In 2020, the company reported a negative pretax margin of -17.20%, indicating that expenses surpassed revenues before considering taxes. However, the trend reversed in the subsequent years, with pretax margins improving consistently.
In 2021, the pretax margin increased to 12.86%, reflecting a turnaround in the company's operational efficiency and profitability. This positive momentum continued into 2022, with a notable surge in the pretax margin to 37.91%, indicating strong revenue growth and effective cost management.
Despite the impressive performance in 2022, the pretax margin experienced a slight dip in 2023 to 24.35%, suggesting potential challenges or increased expenses during that period. Finally, by the end of 2024, Alpha Metallurgical Resources Inc's pretax margin decreased to 7.13%, which may indicate a decline in profitability compared to the preceding year.
Overall, the trend in Alpha Metallurgical Resources Inc's pretax margin reflects both periods of substantial improvement and some setbacks. It is essential for the company to maintain a focus on cost control and revenue generation to sustain and enhance its profitability in the future.
Peer comparison
Dec 31, 2024