Peabody Energy Corp (BTU)
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 | 516,100 | 723,300 | 760,400 | 788,500 | 1,124,800 | 1,437,400 | 1,657,200 | 1,801,500 | 1,278,600 | 1,237,700 | 779,300 | 328,900 | 370,200 | -285,700 | -287,300 | -1,805,000 | -1,851,800 | -2,006,900 | -2,012,100 | -420,700 |
| Revenue (ttm) | US$ in thousands | 4,158,500 | 4,270,400 | 4,261,300 | 4,498,200 | 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 |
| Pretax margin | 12.41% | 16.94% | 17.84% | 17.53% | 22.74% | 26.93% | 29.59% | 31.86% | 25.66% | 26.79% | 19.69% | 9.79% | 11.16% | -10.24% | -10.32% | -67.20% | -64.27% | -61.54% | -54.43% | -9.97% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $516,100K ÷ $4,158,500K
= 12.41%
Peabody Energy Corp's pretax margin experienced significant fluctuations over the analyzed period. The company faced challenges in the first half of 2020, with negative pretax margins ranging from -9.97% in March 2020 to -64.27% in December 2020. These negative margins suggest that Peabody Energy was incurring operating losses and facing profitability issues.
However, starting from the first quarter of 2021, there was a gradual improvement in the pretax margin, with the company achieving positive pretax margins by December 2021. This positive trend continued into 2022 and 2023, with pretax margins increasing steadily. The pretax margin peaked at 31.86% in March 2023, indicating improved profitability and efficiency in the company's operations.
Towards the end of 2024, there was a slight decline in the pretax margin, dropping from 17.84% in June 2024 to 12.41% in December 2024. While this decrease might signal some challenges, the overall trend indicates that Peabody Energy Corp has managed to enhance its operational efficiency and profitability over the analyzed period. It is important for investors and stakeholders to monitor these metrics to ensure the company's continued financial health and growth.
Peer comparison
Dec 31, 2024