Chesapeake Energy Corp (CHK)
Net profit 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 2,419,000 | 5,430,000 | 6,243,000 | 7,089,000 | 4,936,000 | 2,790,000 | 1,562,000 | -114,000 | 945,000 | -905,000 | -1,305,000 | -1,142,000 | -9,734,000 | -9,642,000 | -8,958,000 | -8,584,000 | -308,000 | 620,000 | 535,000 | 188,000 |
| Revenue (ttm) | US$ in thousands | 8,721,000 | 10,899,000 | 12,549,000 | 14,178,000 | 11,743,000 | 10,703,000 | 8,431,000 | 5,604,000 | 5,549,000 | 3,722,000 | 3,792,000 | 3,606,000 | 5,251,000 | 5,918,000 | 7,045,000 | 8,924,000 | 8,595,000 | 9,462,000 | 9,799,000 | 9,702,000 |
| Net profit margin | 27.74% | 49.82% | 49.75% | 50.00% | 42.03% | 26.07% | 18.53% | -2.03% | 17.03% | -24.31% | -34.41% | -31.67% | -185.37% | -162.93% | -127.15% | -96.19% | -3.58% | 6.55% | 5.46% | 1.94% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $2,419,000K ÷ $8,721,000K
= 27.74%
The net profit margin for Chesapeake Energy Corp has experienced significant fluctuations over the past few years. In the most recent quarter, ending December 31, 2023, the net profit margin was 27.74%, showing a strong return on sales. This was an improvement compared to the previous quarters in 2023, where the company also demonstrated strong profitability, with margins ranging from 49.75% to 50.00%.
However, looking back over the previous years, there were periods of profitability challenges for the company. For example, in the quarter ending December 31, 2020, the net profit margin was notably negative at -185.37%, indicating significant losses. This negative trend continued into 2021 but showed signs of improvement by the end of 2021.
Overall, the company has shown resilience in improving its profitability in recent quarters, but there have been past periods of significant financial challenges. It is essential for Chesapeake Energy Corp to maintain its current trend of strong profit margins to ensure sustained financial health and growth in the future.
Peer comparison
Dec 31, 2023