Century Aluminum Company (CENX)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 340,000 | 228,900 | 228,400 | -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 |
| 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 |
| Pretax margin | 15.30% | 10.82% | 10.70% | -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% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $340,000K ÷ $2,222,300K
= 15.30%
The pretax margin of Century Aluminum Company experienced fluctuations over the period from December 2019 to December 2024. The trend started with negative percentages in 2019 and 2020, reaching its lowest point in March 2021 at -13.40%. However, there was a gradual improvement in the pretax margin from June 2022 onwards, leading to positive percentages in the latter half of 2022 and continuing into 2023.
By March 2024, the pretax margin significantly improved to 10.70%, showing continued growth in the subsequent quarters. This positive trend was further reinforced by reaching 15.30% in December 2024. The overall analysis indicates that Century Aluminum Company managed to turnaround its pretax margin from negative values to a substantial positive margin by the end of the period, showcasing improved operational efficiency and profitability.
Peer comparison
Dec 31, 2024