CVR Energy Inc (CVI)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 58,000 | 1,123,000 | 963,000 | 87,000 | -333,000 |
| Revenue | US$ in thousands | 7,610,000 | 9,247,000 | 10,896,000 | 7,242,000 | 3,930,000 |
| Operating profit margin | 0.76% | 12.14% | 8.84% | 1.20% | -8.47% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $58,000K ÷ $7,610,000K
= 0.76%
The operating profit margin of CVR Energy Inc has displayed varying trends over the past five years. As of December 31, 2020, the company reported a negative operating profit margin of -8.47%, indicating that the operating expenses exceeded the gross profit. Subsequently, there was a notable improvement in performance, with the operating profit margin increasing to 1.20% by December 31, 2021.
The trend continued to show positive momentum in the following years, with the operating profit margins reaching 8.84% by December 31, 2022, and further improving to 12.14% by December 31, 2023. This indicates that the company effectively managed its operating expenses and enhanced operational efficiency during this period.
However, there was a decline in the operating profit margin to 0.76% by the end of December 31, 2024, which may suggest potential challenges faced by the company in controlling costs or sustaining profitability.
Overall, the analysis of CVR Energy Inc's operating profit margin highlights both positive and negative trends, indicating fluctuations in the company's operational performance over the observed period.
Peer comparison
Dec 31, 2024