Coterra Energy Inc (CTRA)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 85.19% | 89.87% | 74.89% | 72.30% | 91.53% |
| Operating profit margin | 36.42% | 57.55% | 45.35% | 20.19% | 46.27% |
| Pretax margin | 35.98% | 57.11% | 43.55% | 16.51% | 43.56% |
| Net profit margin | 27.48% | 44.91% | 33.57% | 13.71% | 32.96% |
Coterra Energy Inc has demonstrated consistent and strong gross profit margins of 100% over the five-year period, indicating efficient cost management and pricing strategies.
However, the company's operating profit margin has fluctuated significantly, with a peak in 2022 at 57.56% but a significant drop in 2023 to 36.22%. This suggests fluctuations in operating expenses and/or revenue generation efficiency.
Similarly, the pretax margin has also shown fluctuations, with a peak in 2022 at 57.11% but a notable decline in 2023 to 35.98%. This indicates varying levels of profitability before accounting for taxes.
The net profit margin, which represents the bottom line profitability after all expenses including taxes, has also fluctuated over the years. While there was a peak in 2022 at 44.82%, the margin dropped to 27.39% in 2023. This suggests varying levels of profitability after all costs.
Overall, Coterra Energy Inc's profitability ratios indicate some degree of variability in profitability levels over the years, reflecting potential operational challenges or changes in market conditions impacting the company's bottom line. Further analysis would be required to identify the underlying causes of these fluctuations and to assess the company's overall financial health.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 10.55% | 25.85% | 7.86% | 6.54% | 21.30% |
| Return on assets (ROA) | 7.96% | 20.17% | 5.82% | 4.44% | 15.18% |
| Return on total capital | 15.05% | 35.57% | 10.52% | 9.20% | 29.11% |
| Return on equity (ROE) | 12.46% | 32.11% | 9.87% | 9.07% | 31.66% |
Coterra Energy Inc's profitability ratios show varying performance over the past five years. The Operating return on assets (Operating ROA) decreased from 25.85% in 2022 to 10.49% in 2023, indicating a decrease in efficiency in generating operating profits from its assets.
The Return on assets (ROA) also followed a similar trend, declining from 20.13% in 2022 to 7.94% in 2023, suggesting a decrease in overall profitability relative to its total assets.
Return on total capital decreased from 35.04% in 2022 to 14.07% in 2023, indicating a decline in the efficiency of generating profits from both equity and debt investments.
Return on equity (ROE) decreased from 32.02% in 2022 to 12.42% in 2023, suggesting a decrease in the profitability of shareholders' investments in the company.
Overall, the profitability ratios of Coterra Energy Inc have shown a downward trend in 2023 compared to the previous years, indicating potential challenges in generating profits from assets, capital, and equity. Further investigation into the company's operations and financial performance may be warranted to address these downward trends in profitability.