Coterra Energy Inc (CTRA)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,389,000 | 1,640,000 | 1,737,000 | 1,717,000 | 2,154,000 | 2,872,000 | 3,954,000 | 5,287,000 | 5,209,000 | 5,152,000 | 3,743,000 | 2,188,000 | 1,564,000 | 488,892 | 384,359 | 384,075 | 295,476 | 354,793 | 492,103 | 689,192 |
| Revenue (ttm) | US$ in thousands | 5,458,000 | 5,659,000 | 5,656,000 | 5,570,000 | 5,914,000 | 6,598,000 | 7,762,000 | 9,149,000 | 9,051,000 | 8,996,000 | 6,916,000 | 4,668,000 | 3,449,000 | 1,680,778 | 1,531,819 | 1,540,167 | 1,466,624 | 1,471,214 | 1,609,284 | 1,811,053 |
| Operating profit margin | 25.45% | 28.98% | 30.71% | 30.83% | 36.42% | 43.53% | 50.94% | 57.79% | 57.55% | 57.27% | 54.12% | 46.87% | 45.35% | 29.09% | 25.09% | 24.94% | 20.15% | 24.12% | 30.58% | 38.05% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,389,000K ÷ $5,458,000K
= 25.45%
Coterra Energy Inc's operating profit margin has shown fluctuations over the periods analyzed. The margin started at a relatively high level of 38.05% on March 31, 2020, before gradually declining to 20.15% on December 31, 2020. Thereafter, the operating profit margin started to recover, reaching 57.55% by December 31, 2022, showing significant improvement in profitability.
During the subsequent periods, the operating profit margin remained relatively stable, fluctuating within a narrower range between 25.45% and 57.79%. However, there was a notable decline in the margin to 25.45% by December 31, 2024, indicating a decrease in profitability compared to the peak levels seen earlier in the analysis period.
Overall, while Coterra Energy Inc experienced fluctuations in its operating profit margin, there were periods of significant improvement followed by some decline in profitability. It is crucial for the company to continue monitoring and managing its operating expenses and revenue generation effectively to sustain and enhance its profitability in the future.
Peer comparison
Dec 31, 2024