Alpha Metallurgical Resources Inc (AMR)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 845,459 | 853,845 | 999,614 | 1,427,450 | 1,554,750 | 1,602,460 | 1,427,385 | 765,613 | 292,198 | -68,561 | -220,715 | -440,000 | -449,063 | -534,294 | -537,246 | -413,639 | -369,606 | -193,212 | -109,672 |
| 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 |
| Pretax margin | 24.35% | 25.60% | 28.87% | 36.22% | 37.91% | 39.02% | 36.74% | 26.00% | 12.94% | -3.91% | -15.32% | -31.44% | -31.71% | -33.57% | -30.15% | -19.85% | -16.14% | -8.18% | -4.80% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $845,459K ÷ $3,471,417K
= 24.35%
Alpha Metallurgical Resources Inc's pretax margin has shown fluctuation over the past eight quarters. The company's pretax margin decreased from 37.91% in Q4 2022 to 24.35% in Q4 2023. This decline indicates a reduction in the company's profitability before accounting for income taxes. It is worth noting that the pretax margin has been trending downwards since Q4 2022, suggesting potential challenges in managing costs or generating revenue efficiently.
Additionally, the pretax margin peaked at 38.97% in Q3 2022, indicating a strong profitability performance during that quarter. However, the subsequent quarters have shown a decline in pretax margin, with Q4 2023 recording the lowest figure in the dataset.
Overall, the variability in Alpha Metallurgical Resources Inc's pretax margin over the analyzed period highlights the importance of closely monitoring the company's financial performance and identifying factors influencing its profitability across different quarters.
Peer comparison
Dec 31, 2023