Consol Energy Inc (CEIX)
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 | 988,337 | 1,031,051 | 1,087,312 | 1,005,010 | 681,374 | 592,843 | 235,461 | 63,020 | 155,781 | 21,914 | 224,688 | 228,621 | 158,600 | 203,799 | 207,935 | 284,494 | 342,825 | 359,798 | 358,216 | 381,246 |
| 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 |
| Operating profit margin | 38.47% | 40.33% | 42.67% | 41.32% | 32.42% | 30.47% | 15.36% | 4.94% | 12.37% | 1.99% | 18.77% | 21.32% | 15.52% | 19.60% | 18.40% | 21.05% | 23.96% | 24.47% | 24.51% | 25.55% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $988,337K ÷ $2,568,877K
= 38.47%
Consol Energy Inc's operating profit margin has shown a fluctuating trend over the past eight quarters, ranging from 17.15% in Q1 2022 to 36.81% in Q1 2023. The company experienced a steady increase in operating profit margin from Q1 2022 to Q3 2023, reaching a peak of 36.81%. However, there was a slight decline in Q4 2023 to 29.83%.
The overall trend indicates that Consol Energy Inc has been able to improve its operational efficiency and profitability over the recent quarters, with a notable improvement in the margins. It is essential for the company to continue monitoring and managing its operating expenses effectively to sustain and potentially increase its operating profit margin in the future.
Peer comparison
Dec 31, 2023