Peabody Energy Corp (BTU)
Gross profit 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 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 4,254,700 | 4,636,800 | 4,902,800 | 4,989,100 | 4,315,600 | 4,166,500 | 3,499,700 | 2,895,800 | 2,856,600 | 2,304,800 | 2,279,100 | 734,700 | 913,300 | 1,375,500 | 1,791,400 | 3,745,700 | 4,247,300 | 4,807,100 | 5,217,400 | 5,286,200 |
| Revenue (ttm) | US$ in thousands | 4,946,700 | 5,337,800 | 5,601,400 | 5,654,500 | 4,981,900 | 4,620,400 | 3,956,900 | 3,358,400 | 3,318,300 | 2,790,900 | 2,782,900 | 2,686,200 | 2,881,100 | 3,261,300 | 3,696,700 | 4,219,000 | 4,623,400 | 4,903,100 | 5,237,500 | 5,295,600 |
| Gross profit margin | 86.01% | 86.87% | 87.53% | 88.23% | 86.63% | 90.18% | 88.45% | 86.23% | 86.09% | 82.58% | 81.90% | 27.35% | 31.70% | 42.18% | 48.46% | 88.78% | 91.87% | 98.04% | 99.62% | 99.82% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $4,254,700K ÷ $4,946,700K
= 86.01%
The gross profit margin of Peabody Energy Corp has shown fluctuations over the past several quarters. The trend indicates that the company experienced a significant drop in gross profit margin during the first quarter of 2021, followed by a gradual recovery in subsequent periods. The gross profit margin reached its lowest point at 27.35% in March 2021 before steadily increasing to 88.23% by March 2023. This improvement suggests that Peabody Energy has been able to enhance its ability to generate profits from its core operations and manage its production costs more effectively. It is important to note that while the company's gross profit margin has rebounded, there may be underlying factors influencing this metric that require further examination.
Peer comparison
Dec 31, 2023