Arch Resources Inc (ARCH)
Pretax margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 551,552 | 1,078,990 | 339,447 | -344,622 | 234,047 |
| Revenue | US$ in thousands | 3,129,900 | 3,689,710 | 2,121,840 | 1,453,160 | 2,275,990 |
| Pretax margin | 17.62% | 29.24% | 16.00% | -23.72% | 10.28% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $551,552K ÷ $3,129,900K
= 17.62%
The pretax margin of Arch Resources Inc has fluctuated over the past five years. In 2023, the pretax margin stood at 17.62%, representing a decrease from the previous year's level of 29.24%. This is a notable decline in profitability. Looking further back, in 2021, the pretax margin was 16.00%, showing relative stability compared to the years before. However, in 2020, the company experienced a significant decline with a negative pretax margin of -23.72%, indicating a loss before tax. The pretax margin improved in 2019 to 10.28%, suggesting a recovery in profitability. Overall, the pretax margin for Arch Resources Inc has exhibited variability, with the company facing challenges in maintaining consistent levels of profitability in recent years.
Peer comparison
Dec 31, 2023