Consol Energy Inc (CEIX)
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 | 2,204,247 | 2,195,165 | 2,197,865 | 2,085,948 | 1,739,616 | 1,586,592 | 1,180,692 | 933,713 | 977,855 | 849,037 | 1,004,402 | 938,090 | 897,144 | 969,055 | 1,057,868 | 1,275,885 | 1,355,953 | 1,392,133 | 1,383,118 | 1,401,141 |
| Revenue (ttm) | US$ in thousands | 2,568,877 | 2,556,589 | 2,548,363 | 2,432,015 | 2,101,937 | 1,945,411 | 1,532,785 | 1,275,325 | 1,258,947 | 1,102,929 | 1,197,136 | 1,072,538 | 1,021,643 | 1,039,671 | 1,129,798 | 1,351,546 | 1,430,903 | 1,470,504 | 1,461,406 | 1,492,370 |
| Gross profit margin | 85.81% | 85.86% | 86.25% | 85.77% | 82.76% | 81.56% | 77.03% | 73.21% | 77.67% | 76.98% | 83.90% | 87.46% | 87.81% | 93.21% | 93.63% | 94.40% | 94.76% | 94.67% | 94.64% | 93.89% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,204,247K ÷ $2,568,877K
= 85.81%
Consol Energy Inc has consistently maintained a gross profit margin of 100% across all quarters in the provided data. This indicates that the company is effectively managing its production costs and generating significant profits from its core operations. A gross profit margin of 100% suggests that the company is able to sell its products or services at a price significantly higher than the cost of producing them. This level of gross profit margin reflects strong operational efficiency and pricing power, which can lead to sustainable profitability and financial stability for Consol Energy Inc.
Peer comparison
Dec 31, 2023