Century Aluminum Company (CENX)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 3.43% | 1.07% | 0.04% | 0.03% | 0.82% | 2.22% | 4.02% | 4.94% | 2.99% | 1.67% | -1.11% | -3.16% | -2.27% | -1.73% | -0.90% | -0.36% | -1.30% | -4.76% | -4.56% | -2.60% |
| Operating profit margin | 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% | -7.29% | -6.63% | -4.68% |
| 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% |
| 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% |
Century Aluminum Company's profitability ratios have fluctuated over the past few quarters.
Gross profit margin has been volatile, ranging from as low as 0.03% to as high as 4.94% in the recent past. This indicates that the company's ability to control production costs and generate profit from its core operations has been inconsistent.
Operating profit margin has also shown variability, with negative margins in some quarters. This suggests that Century Aluminum has struggled to maintain profitability after accounting for operating expenses.
Pretax margin has been negative in most quarters, indicating that the company has faced challenges in generating profits before accounting for taxes. This could be attributed to a combination of factors such as pricing pressures, market conditions, and operational inefficiencies.
Net profit margin has also experienced fluctuations, with negative margins in several quarters. This shows that Century Aluminum has faced difficulties in turning its revenue into bottom-line profits, possibly due to high expenses or one-time charges impacting profitability.
Overall, Century Aluminum Company's profitability ratios reflect a lack of consistent profitability and operational efficiency. Management may need to focus on cost control measures, revenue enhancement strategies, and operational improvements to enhance overall profitability in the future.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 1.72% | -1.58% | -3.16% | -14.58% | -10.20% | -4.37% | 1.43% | 10.91% | 4.20% | 0.15% | -5.40% | -8.29% | -5.75% | -5.00% | -3.77% | -3.07% | -4.81% | -9.23% | -8.45% | -5.90% |
| Return on assets (ROA) | -2.33% | -10.60% | -5.74% | -5.03% | -0.96% | 10.09% | 3.98% | -0.56% | -10.64% | -17.66% | -19.13% | -19.11% | -8.81% | -6.59% | -3.62% | -3.07% | -5.39% | -9.45% | -9.28% | -6.57% |
| Return on total capital | 4.04% | -8.37% | -7.13% | -27.09% | -19.23% | -7.80% | 2.66% | 22.76% | 8.79% | 0.35% | -10.85% | -17.34% | -10.20% | -8.27% | -5.30% | -4.24% | -7.18% | -13.54% | -12.91% | -8.18% |
| Return on equity (ROE) | -12.12% | -55.97% | -26.90% | -19.43% | -3.53% | 30.93% | 13.17% | -2.14% | -39.69% | -82.14% | -72.57% | -63.83% | -22.58% | -15.63% | -8.49% | -7.26% | -11.97% | -20.44% | -19.82% | -13.80% |
Century Aluminum Company's profitability ratios have fluctuated significantly over the period analyzed.
- Operating return on assets (Operating ROA) has ranged from negative to positive values, with the highest being 10.91% in March 2022 and the lowest at -14.58% in March 2023. This ratio indicates the company's ability to generate operating profits from its assets.
- Return on assets (ROA) has shown volatile performance, with negative values in most periods. The highest ROA was 10.09% in September 2022, while the lowest was -17.66% in September 2021. This ratio reflects the company's overall profitability relative to its total assets.
- Return on total capital has also experienced variations, with a peak of 22.76% in March 2022 and a low of -27.09% in March 2023. This ratio evaluates the company's ability to generate returns from its total capital employed.
- Return on equity (ROE) has displayed a wide range of values, from a high of 30.93% in September 2022 to a low of -82.14% in September 2021. ROE reflects the return generated for shareholders' equity investment.
Overall, Century Aluminum Company's profitability ratios indicate a volatile performance in generating returns from its assets, total capital, and equity over the period analyzed. The company may benefit from focusing on improving its profitability metrics to enhance shareholder value and overall financial performance.