Century Aluminum Company (CENX)
Operating profit margin
| Dec 31, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 121,400 | 13,300 | 6,200 | 31,800 | -27,900 | -55,200 | -204,000 | -150,200 | -69,200 | 22,600 | 184,200 | 66,000 | 2,300 | -75,900 | -113,000 | -80,500 | -70,200 | -57,500 | -48,800 | -72,200 |
| Revenue (ttm) | US$ in thousands | 2,222,300 | 2,115,300 | 2,134,400 | 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 |
| Operating profit margin | 5.46% | 0.63% | 0.29% | 1.19% | -0.90% | -1.40% | -3.84% | -2.62% | -1.13% | 0.39% | 3.82% | 1.59% | 0.07% | -3.01% | -5.75% | -5.02% | -4.25% | -3.39% | -2.76% | -3.93% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $121,400K ÷ $2,222,300K
= 5.46%
Century Aluminum Company's operating profit margin has shown volatility over the period analyzed. Starting in December 2019 with a negative operating profit margin of -3.93%, the company's profitability improved slightly by March 2020 but remained negative at -2.76%. However, by the end of 2020, the operating profit margin deteriorated further to -5.02%.
The trend of negative operating profit margins continued into the first half of 2021, reaching its lowest point at -5.75% in March 2021. From September 2021 onwards, the company managed to turn the trend around, achieving positive operating profit margins. This positive momentum continued into 2022, with improvement shown in each subsequent quarter. Despite a slight decrease in the operating profit margin in the second quarter of 2022, the company managed to produce positive results overall.
However, starting from September 2022 and onwards, Century Aluminum Company experienced a decline in its operating profit margins, with the figure dropping to -3.84% by March 2023. The trend continued until the second quarter of 2024, with operating profit margins hovering around 0-1%.
In the last reporting period of December 2024, the operating profit margin saw a significant increase to 5.46%, marking a notable improvement in profitability compared to the previous quarters. Overall, the analysis highlights the fluctuating nature of Century Aluminum Company's operating profit margin, with phases of both negative and positive performance observed throughout the period under review.
Peer comparison
Dec 31, 2024