Coterra Energy Inc (CTRA)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,345,000 | 1,606,000 | 1,704,000 | 1,693,000 | 2,128,000 | 2,847,000 | 3,945,000 | 5,263,000 | 5,169,000 | 5,095,000 | 3,664,000 | 2,117,000 | 1,502,000 | 440,730 | 334,751 | 332,876 | 242,000 | 296,461 | 434,520 | 631,490 |
| 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 |
| Pretax margin | 24.64% | 28.38% | 30.13% | 30.39% | 35.98% | 43.15% | 50.82% | 57.53% | 57.11% | 56.64% | 52.98% | 45.35% | 43.55% | 26.22% | 21.85% | 21.61% | 16.50% | 20.15% | 27.00% | 34.87% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,345,000K ÷ $5,458,000K
= 24.64%
The pretax margin of Coterra Energy Inc has fluctuated over the period from March 31, 2020, to December 31, 2024. It started at a relatively high level of 34.87% in March 2020 but declined to 16.50% by the end of December 2020. There was a gradual recovery in the pretax margin throughout 2021 and 2022, reaching a peak of 57.11% by the end of December 2022.
However, the pretax margin started to decrease again in 2023 and continued to decline into 2024, dropping to 24.64% by the end of December 2024. Overall, the pretax margin of Coterra Energy Inc has exhibited significant variability, reflecting fluctuations in the company's profitability before accounting for taxes. Further analysis of the company's financial performance and operational efficiency would be necessary to understand the reasons behind these fluctuations and to assess the company's future prospects.
Peer comparison
Dec 31, 2024