Coterra Energy Inc (CTRA)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,121,000 | 1,625,000 | 4,065,000 | 1,158,000 | 201,000 |
| Revenue | US$ in thousands | 5,458,000 | 5,914,000 | 9,051,000 | 3,449,000 | 1,466,000 |
| Net profit margin | 20.54% | 27.48% | 44.91% | 33.57% | 13.71% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $1,121,000K ÷ $5,458,000K
= 20.54%
Based on the data provided, Coterra Energy Inc's net profit margin has shown considerable fluctuations over the years. The net profit margin increased from 13.71% as of December 31, 2020, to 33.57% as of December 31, 2021, indicating a significant improvement in profitability.
Subsequently, the net profit margin continued to rise to 44.91% as of December 31, 2022, reaching its peak during this period. However, there was a decline in profitability in the following years, with the net profit margin dropping to 27.48% as of December 31, 2023, and further decreasing to 20.54% as of December 31, 2024.
These fluctuations suggest that Coterra Energy Inc experienced a period of strong profitability growth followed by a decline in performance. It is important for the company to closely monitor and analyze the factors contributing to these fluctuations to ensure sustainable and consistent profitability in the future.
Peer comparison
Dec 31, 2024