Green Plains Renewable Energy Inc (GPRE)
Gross profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Gross profit | US$ in thousands | 130,450 | 164,751 | 137,838 | 202,059 | 111,556 |
Revenue | US$ in thousands | 2,458,800 | 3,295,740 | 3,662,850 | 2,827,170 | 1,923,720 |
Gross profit margin | 5.31% | 5.00% | 3.76% | 7.15% | 5.80% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $130,450K ÷ $2,458,800K
= 5.31%
Based on the provided data, the gross profit margin of Green Plains Renewable Energy Inc has fluctuated over the past five years.
- As of December 31, 2020, the gross profit margin was 5.80%, indicating that the company was generating 5.80 cents of gross profit for every dollar of revenue.
- By December 31, 2021, the gross profit margin improved to 7.15%, suggesting efficient cost management or potentially better pricing strategies.
- However, by December 31, 2022, the gross profit margin decreased to 3.76%, which could indicate challenges in maintaining profitability due to increased costs or pricing pressures.
- The gross profit margin improved slightly to 5.00% by December 31, 2023, indicating potential efforts to address the issues observed in the previous year.
- As of December 31, 2024, the gross profit margin increased further to 5.31%, showing a positive trend in profitability, but still below the levels seen in 2021.
Overall, the fluctuation in the gross profit margin of Green Plains Renewable Energy Inc over the period indicates potential variations in the company's ability to manage costs effectively, maintain pricing power, and generate profits from its core operations. Further analysis of the underlying factors driving these fluctuations would be necessary to fully understand the financial health and performance of the company.
Peer comparison
Dec 31, 2024