Peabody Energy Corp (BTU)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,074,700 | 1,381,600 | 432,200 | -1,728,300 | 61,700 |
| Revenue | US$ in thousands | 4,946,700 | 4,981,900 | 3,318,300 | 2,881,100 | 4,623,400 |
| Operating profit margin | 21.73% | 27.73% | 13.02% | -59.99% | 1.33% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,074,700K ÷ $4,946,700K
= 21.73%
The operating profit margin of Peabody Energy Corp has fluctuated significantly over the past five years. In 2019, the company had a low operating profit margin of 1.33%, indicating that a small percentage of its revenue was converted into profits after accounting for operating expenses. This was followed by a dramatic decrease in 2020, with the operating profit margin turning negative at -59.99%, suggesting that the company incurred substantial operating losses during that period.
However, there was a notable recovery in 2021, as the operating profit margin improved to 13.02%, indicating better cost management and profitability. This positive trend continued in 2022 with a further increase to 27.73%, signifying a significant improvement in operational efficiency and profitability.
In 2023, Peabody Energy Corp maintained a relatively strong operating profit margin of 21.73%, showing continued profitability and efficiency in converting revenue into operating profits. Overall, the fluctuation in the operating profit margin reflects the company's ability to adapt to changing market conditions and implement effective cost management strategies to drive profitability.
Peer comparison
Dec 31, 2023