Century Aluminum Company (CENX)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 8.32% | 3.06% | 2.83% | 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% |
| 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% |
| 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% |
| Net profit margin | 15.16% | 10.98% | 11.35% | -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% |
Century Aluminum Company has shown a fluctuating trend in its profitability ratios over the analyzed period. The gross profit margin has improved from negative percentages in 2019 and 2020 to reach a positive 8.32% by the end of 2024. This indicates a positive trend in the company's ability to generate profits after accounting for the cost of goods sold.
Similarly, the operating profit margin has also shown improvement, moving from negative figures to 5.46% at the end of 2024. This reflects an enhancement in the company's efficiency in managing operating expenses to generate profits.
The pretax margin, which indicates the percentage of each dollar of revenue that turns into profit before taxes, has shown significant growth, from negative percentages to a robust 15.30% by the end of 2024. This demonstrates the company's ability to efficiently manage costs and generate profits before tax obligations.
Lastly, the net profit margin, which represents the percentage of revenue converted into net income after all expenses and taxes, has also seen a substantial increase from negative figures to a remarkable 15.16% by the end of 2024. This suggests improved profitability and efficiency in managing expenses and taxes to generate bottom-line profits.
Overall, Century Aluminum Company has shown a positive trend in its profitability ratios, indicating improved operational efficiency and profitability over the analyzed period.
Return on investment
| 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 return on assets (Operating ROA) | 6.26% | 0.74% | 0.34% | 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% |
| Return on assets (ROA) | 17.37% | 12.87% | 13.10% | -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% |
| Return on total capital | 17.48% | 2.21% | 1.03% | 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% |
| Return on equity (ROE) | 48.50% | 38.62% | 40.28% | -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% |
Century Aluminum Company's profitability ratios show a fluctuating trend over the period analyzed.
- Operating return on assets (Operating ROA) was negative from December 2019 to December 2021, signaling operational inefficiencies. However, it turned positive in the subsequent periods, reaching a notable 10.91% by March 2022 before declining again.
- Return on assets (ROA) followed a similar pattern, with negative values until March 2023, indicating overall unprofitability. However, there was a substantial improvement in profitability from March 2024 onwards, with ROA reaching 17.37% by December 2024.
- Return on total capital was negative up to December 2021 before turning positive, indicating a potential improvement in utilizing total capital to generate returns. However, this ratio also fluctuated throughout the period.
- Return on equity (ROE) experienced significant negative values until June 2022, showcasing poor returns to shareholders. The situation improved in the latter periods, with ROE reaching a peak of 48.50% by December 2024, indicating better profitability for equity holders.
In conclusion, Century Aluminum Company's profitability ratios suggest a challenging period of low profitability and operational efficiency until late 2021, followed by a notable improvement in financial performance in the subsequent periods. Continued monitoring and analysis of these ratios are essential to assess the company's overall financial health and profitability.