Chesapeake Energy Corp (CHK)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 3,142,000 | 4,644,000 | 5,570,000 | 6,394,000 | 3,780,000 | 2,973,000 | 1,630,000 | -141,000 | 938,000 | -307,000 | -80,000 | -191,000 | -8,703,000 | -9,052,000 | -8,895,000 | -8,076,000 | -31,000 | 560,000 | 596,000 | 158,000 |
| 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 |
| Operating profit margin | 36.03% | 42.61% | 44.39% | 45.10% | 32.19% | 27.78% | 19.33% | -2.52% | 16.90% | -8.25% | -2.11% | -5.30% | -165.74% | -152.96% | -126.26% | -90.50% | -0.36% | 5.92% | 6.08% | 1.63% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $3,142,000K ÷ $8,721,000K
= 36.03%
Chesapeake Energy Corp's operating profit margin has shown fluctuations over the past few quarters, ranging from negative figures to positive percentages. The trend indicates a notable improvement in operating efficiency, as reflected by the increasing margins in 2023 compared to 2022.
In the most recent quarter, the operating profit margin reached 36.03%, signifying that the company generated $0.36 in operating profit for every dollar of sales. This increase from the previous quarter's margin of 32.19% suggests enhanced profitability and effectiveness in managing operating expenses.
It is essential to monitor future quarters to determine if Chesapeake Energy Corp can sustain and further improve its operating profit margin, maintaining a healthy level of profitability and operational efficiency. Additionally, the company should focus on optimizing its cost structure and revenue generation strategies to ensure long-term financial sustainability.
Peer comparison
Dec 31, 2023