Coterra Energy Inc (CTRA)
Operating profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Operating income | US$ in thousands | 1,389,000 | 2,154,000 | 5,209,000 | 1,564,000 | 296,000 |
Revenue | US$ in thousands | 5,458,000 | 5,914,000 | 9,051,000 | 3,449,000 | 1,466,000 |
Operating profit margin | 25.45% | 36.42% | 57.55% | 45.35% | 20.19% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,389,000K ÷ $5,458,000K
= 25.45%
Coterra Energy Inc's operating profit margin has shown a positive trend over the years, increasing from 20.19% on December 31, 2020, to 45.35% on December 31, 2021, further rising to 57.55% on December 31, 2022. However, there was a slight decrease to 36.42% on December 31, 2023, followed by a decrease to 25.45% on December 31, 2024.
This fluctuation in the operating profit margin indicates that Coterra Energy Inc's efficiency in generating profits from its core operations has been varying. It is important for the company to analyze the factors contributing to these fluctuations to sustain and improve its profitability levels in the future.
Peer comparison
Dec 31, 2024