Alpha Metallurgical Resources Inc (AMR)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 210,750 | 409,610 | 522,671 | 673,437 | 845,459 | 853,845 | 999,614 | 1,427,450 | 1,554,896 | 1,599,879 | 1,425,233 | 763,862 | 290,538 | -22,391 | -174,974 | -394,660 | -403,960 | -589,494 | -567,475 | -305,907 |
| Revenue (ttm) | US$ in thousands | 2,957,285 | 3,299,929 | 3,369,852 | 3,424,254 | 3,471,417 | 3,334,874 | 3,462,822 | 3,940,861 | 4,101,586 | 4,106,355 | 3,885,428 | 2,944,293 | 2,258,586 | 1,754,220 | 1,506,070 | 1,522,633 | 1,606,840 | 1,782,065 | 1,907,238 | 2,151,606 |
| Pretax margin | 7.13% | 12.41% | 15.51% | 19.67% | 24.35% | 25.60% | 28.87% | 36.22% | 37.91% | 38.96% | 36.68% | 25.94% | 12.86% | -1.28% | -11.62% | -25.92% | -25.14% | -33.08% | -29.75% | -14.22% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $210,750K ÷ $2,957,285K
= 7.13%
Alpha Metallurgical Resources Inc's pretax margin has shown significant fluctuations over the period from March 31, 2020, to December 31, 2024. Starting with negative margins in 2020 and early 2021, the company improved its performance gradually, achieving positive pretax margins by December 2021.
The trend continued to strengthen in the following quarters, with a notable increase in profitability seen in the mid to late 2022. The company reached its peak pretax margin of 38.96% in September 30, 2022, but there was a slight decline in the following quarters.
Despite the slight decreases, Alpha Metallurgical Resources Inc maintained relatively healthy pretax margins above 20% till June 30, 2024. However, there was a more significant drop in profitability by December 31, 2024, when the pretax margin fell to 7.13%.
Overall, the company showed resilience and improvement in profitability over the period, with some fluctuations in the later quarters. The management should continue monitoring and managing costs to sustain and enhance profitability in the future.
Peer comparison
Dec 31, 2024