CVR Energy Inc (CVI)
Net profit margin
Dec 31, 2024 | Sep 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 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 78,000 | 402,000 | 656,000 | 769,000 | 790,000 | 530,000 | 565,000 | 464,000 | 338,000 | 329,000 | 158,000 | 25,000 | -29,000 | -209,000 | -208,000 | -256,000 | -144,000 | 71,000 | 192,000 | 380,000 |
Revenue (ttm) | US$ in thousands | 7,845,000 | 8,420,000 | 8,823,000 | 9,246,000 | 9,724,000 | 9,901,000 | 10,809,000 | 10,896,000 | 10,329,000 | 9,513,000 | 8,152,000 | 7,242,000 | 6,248,000 | 5,370,000 | 4,262,000 | 3,929,000 | 4,379,000 | 4,996,000 | 6,008,000 | 6,364,000 |
Net profit margin | 0.99% | 4.77% | 7.44% | 8.32% | 8.12% | 5.35% | 5.23% | 4.26% | 3.27% | 3.46% | 1.94% | 0.35% | -0.46% | -3.89% | -4.88% | -6.52% | -3.29% | 1.42% | 3.20% | 5.97% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $78,000K ÷ $7,845,000K
= 0.99%
The net profit margin of CVR Energy Inc has shown fluctuations over the period from December 31, 2019, to December 31, 2024. It started at 5.97% in December 2019 and experienced a decline to -6.52% by December 2020, indicating a period of negative profitability. However, there was a gradual improvement in the net profit margin thereafter, with positive percentages recorded from March 2022 onwards. Notably, there was a peak net profit margin of 8.32% in December 2023. The net profit margin for the most recent period, December 31, 2024, stands at 0.99%.
Overall, despite the fluctuations, the trend in the net profit margin of CVR Energy Inc has shown a general upward trajectory from negative territory to positive values in the latter periods, indicating a potential improvement in the company's profitability over time.
Peer comparison
Dec 31, 2024