Peabody Energy Corp (BTU)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,074,700 | 1,406,500 | 1,668,200 | 1,856,700 | 1,381,600 | 1,320,200 | 855,900 | 402,400 | 432,200 | -196,900 | -168,900 | -1,675,600 | -1,728,300 | -1,785,700 | -1,806,700 | -216,300 | 61,700 | 354,000 | 345,900 | 244,800 |
| 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 |
| Operating profit margin | 21.73% | 26.35% | 29.78% | 32.84% | 27.73% | 28.57% | 21.63% | 11.98% | 13.02% | -7.06% | -6.07% | -62.38% | -59.99% | -54.75% | -48.87% | -5.13% | 1.33% | 7.22% | 6.60% | 4.62% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,074,700K ÷ $4,946,700K
= 21.73%
Peabody Energy Corp's operating profit margin has shown fluctuations over the past five quarters. The margin was relatively stable and strong in the first half of 2023, with margins ranging from 26.35% in September 2023 to 32.84% in March 2023. However, there was a significant drop in the operating profit margin in December 2022, which stood at 27.73%.
In the prior quarters of 2022, the operating profit margin ranged from 28.57% in September to 11.98% in March, showing some volatility. The company faced challenges in the first quarter of 2022, with a sharp decline in the operating profit margin, reaching 11.98%. This was followed by a substantial improvement in December 2021, where the margin was reported at 13.02%.
Furthermore, 2021 demonstrated a declining trend in operating profit margins, with negative margins in both March and June (-6.07% and -7.06%, respectively). The trend continued into March 2021 and December 2020, which reported lower operating profit margins at -59.99% and -54.75%, respectively.
Overall, Peabody Energy Corp's operating profit margin has experienced significant fluctuations, showcasing both strong performances and challenging periods. It is crucial for the company to focus on maintaining and improving its operating efficiency to ensure sustainable profitability in the future.
Peer comparison
Dec 31, 2023