Century Aluminum Company (CENX)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | -57,700 | -225,000 | -107,100 | -24,900 | 33,300 | 237,600 | 127,100 | -36,000 | -197,700 | -308,300 | -320,600 | -263,200 | -126,400 | -96,900 | -61,000 | -57,300 | -89,300 | -150,000 | -146,600 | -102,600 |
| 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 |
| Pretax margin | -2.16% | -7.29% | -2.71% | -0.47% | 0.58% | 3.90% | 2.19% | -0.75% | -4.76% | -9.61% | -12.71% | -13.40% | -7.87% | -5.87% | -3.60% | -3.24% | -4.86% | -7.94% | -7.59% | -5.32% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-57,700K ÷ $2,676,000K
= -2.16%
The pretax margin of Century Aluminum Company has displayed fluctuations over the past few quarters. The company's pretax margin was negative in the most recent quarter ending on December 31, 2023, at -2.16%, which indicates that the company's pre-tax earnings were less than its total revenue for that period.
The trend in pretax margins over the past few quarters shows variability, with some periods showing positive margins but overall depicting a mixed performance. The company has experienced challenges in maintaining consistent profitability before taxes, as evidenced by negative pretax margins in multiple quarters.
It is important for investors and stakeholders to closely monitor Century Aluminum Company's future financial performance to assess its ability to improve profitability and enhance its pretax margin moving forward. Further analysis of the company's cost structure, revenue streams, and operational efficiency may provide insights into potential factors influencing the pretax margin fluctuations.
Peer comparison
Dec 31, 2023