Century Aluminum Company (CENX)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 336,800 | -43,100 | -14,100 | -167,100 | -123,300 |
| Revenue | US$ in thousands | 2,222,300 | 2,123,600 | 5,722,400 | 4,157,500 | 1,605,100 |
| Net profit margin | 15.16% | -2.03% | -0.25% | -4.02% | -7.68% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $336,800K ÷ $2,222,300K
= 15.16%
Century Aluminum Company's net profit margin has shown fluctuations over the years based on the provided data. In December 31, 2020, the company reported a net profit margin of -7.68%, which improved to -4.02% by December 31, 2021. Subsequently, there was a significant improvement in the net profit margin to -0.25% by December 31, 2022. However, there was a slight decrease to -2.03% by December 31, 2023.
The most notable change occurred by December 31, 2024, when Century Aluminum Company reported a substantial increase in the net profit margin to 15.16%. This improvement indicates that the company made significant progress in its profitability during that period. Overall, Century Aluminum Company's net profit margin has experienced volatility but ended on a positive note, which may indicate improved financial performance and efficiency in managing costs and generating profits. Further analysis would be needed to ascertain the reasons behind these changes and their sustainability in the long term.
Peer comparison
Dec 31, 2024