Consol Energy Inc (CEIX)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 655,892 | 691,842 | 743,238 | 701,806 | 466,979 | 391,285 | 125,375 | 3,256 | 34,110 | -70,128 | 36,437 | 14,282 | -9,755 | -8,894 | 2,670 | 63,933 | 76,001 | 101,727 | 103,121 | 105,003 |
| 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 |
| Net profit margin | 25.53% | 27.06% | 29.17% | 28.86% | 22.22% | 20.11% | 8.18% | 0.26% | 2.71% | -6.36% | 3.04% | 1.33% | -0.95% | -0.86% | 0.24% | 4.73% | 5.31% | 6.92% | 7.06% | 7.04% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $655,892K ÷ $2,568,877K
= 25.53%
Consol Energy Inc's net profit margin has shown a fluctuating trend over the past 8 quarters. The company experienced a significant increase in net profit margin in Q2 2023, reaching 30.08%, which was the highest level in this period. This was followed by a slight decrease to 28.98% in Q1 2023. Prior to these quarters, there was a gradual improvement in the net profit margin, with Q4 2022 showing 20.48% and Q3 2022 at 19.50%.
The improvement in net profit margin can be attributed to various factors such as cost management, operating efficiencies, revenue growth, or strategic decisions. It is worth noting that Consol Energy Inc faced challenges in Q1 2022, where the net profit margin was only 0.22%, which indicates a significant increase in profitability in the subsequent quarters. Overall, Consol Energy Inc's net profit margin performance has been positive in recent quarters, with a notable uptrend since Q1 2022.
Peer comparison
Dec 31, 2023