Century Aluminum Company (CENX)
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 | -43,100 | -186,600 | -100,300 | -70,400 | -14,100 | 159,800 | 63,100 | -9,400 | -167,100 | -263,000 | -268,800 | -260,600 | -123,300 | -92,600 | -55,100 | -48,900 | -80,800 | -141,000 | -140,600 | -100,500 |
| Revenue (ttm) | US$ in thousands | 2,676,000 | 3,086,000 | 3,954,300 | 5,317,700 | 5,722,400 | 6,099,900 | 5,800,200 | 4,820,100 | 4,157,500 | 3,208,300 | 2,521,800 | 1,964,500 | 1,605,100 | 1,651,500 | 1,696,600 | 1,767,800 | 1,836,600 | 1,888,000 | 1,931,800 | 1,928,700 |
| Net profit margin | -1.61% | -6.05% | -2.54% | -1.32% | -0.25% | 2.62% | 1.09% | -0.20% | -4.02% | -8.20% | -10.66% | -13.27% | -7.68% | -5.61% | -3.25% | -2.77% | -4.40% | -7.47% | -7.28% | -5.21% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-43,100K ÷ $2,676,000K
= -1.61%
The net profit margin of Century Aluminum Company has shown volatility over the past few quarters. The company's net profit margin was negative in six out of the eight most recent reported quarters, indicating operational challenges and potential inefficiencies in managing costs relative to revenue generation. However, there was a notable improvement in the net profit margin in the second and third quarters of 2022, showing a positive trend. The company experienced its highest net profit margin in September 2022 at 2.62%, suggesting a potential period of increased profitability.
Overall, Century Aluminum Company has struggled to maintain consistent profitability, with periods of negative net profit margins outweighing positive ones. It appears that the company may be facing internal operational issues that are affecting its ability to generate sustainable profits. Further analysis of the company's cost structure and revenue streams may provide insights into areas for improvement to enhance future profitability.
Peer comparison
Dec 31, 2023