Chesapeake Energy Corp (CHK)

Net profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	2,419,000	4,936,000	945,000	-9,734,000	-308,000
Revenue	US$ in thousands	8,721,000	11,743,000	5,549,000	5,240,000	8,532,000
Net profit margin		27.74%	42.03%	17.03%	-185.76%	-3.61%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $2,419,000K ÷ $8,721,000K
= 27.74%

The net profit margin of Chesapeake Energy Corp has displayed significant variations over the past five years, reflecting fluctuations in the company's profitability.

In 2023, the net profit margin stood at 27.74%, indicating that for every dollar of revenue generated, the company retained about $0.27 as profit after accounting for all expenses. This represents a decrease from the previous year when the net profit margin was 42.03%.

In 2022, the company achieved a relatively high net profit margin of 42.03%, signaling robust profitability. However, in 2021, the margin declined to 17.03%, suggesting a decrease in profitability compared to the preceding year.

The most notable deviation occurred in 2020 when the net profit margin plummeted to -185.76%, indicating that the company incurred significant losses exceeding its revenue, a concerning situation for stakeholders.

Furthermore, in 2019, the net profit margin was negative at -3.61%, illustrating that the company experienced losses relative to its revenue during that period.

Overall, although there have been fluctuations in the net profit margin of Chesapeake Energy Corp over the past five years, the company's profitability improved compared to the years of losses, but decreased from the peak achieved in 2022.