Century Aluminum Company (CENX)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 121,400 | 31,800 | -150,200 | 66,000 | -80,500 |
| Revenue | US$ in thousands | 2,222,300 | 2,123,600 | 5,722,400 | 4,157,500 | 1,605,100 |
| Operating profit margin | 5.46% | 1.50% | -2.62% | 1.59% | -5.02% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $121,400K ÷ $2,222,300K
= 5.46%
Based on the provided data, Century Aluminum Company's operating profit margin has exhibited fluctuations over the years:
- As of December 31, 2020, the operating profit margin was negative at -5.02%, indicating that the company's operating expenses exceeded its revenue, resulting in a loss at the operating level.
- By December 31, 2021, the operating profit margin improved to 1.59%, suggesting that the company was able to manage its operating expenses more efficiently and generate a slight profit from its operations.
- However, by December 31, 2022, the operating profit margin once again turned negative at -2.62%, indicating a reversal in profitability possibly due to changes in revenue and cost structures.
- The trend reversed in the following year, with the operating profit margin increasing to 1.50% as of December 31, 2023, reflecting a potential improvement in operational performance.
- Finally, by December 31, 2024, the operating profit margin significantly increased to 5.46%, indicating that Century Aluminum Company experienced a notable improvement in its operational efficiency and profitability.
Overall, the fluctuation in Century Aluminum Company's operating profit margin over the years suggests varying levels of operational effectiveness and cost management within the company. It is essential for investors and stakeholders to monitor these trends to assess the company's financial health and performance accurately.
Peer comparison
Dec 31, 2024