Green Plains Renewable Energy Inc (GPRE)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -93,384 | -127,218 | -65,992 | -108,775 | -166,860 |
| Revenue | US$ in thousands | 3,295,740 | 3,662,850 | 2,827,170 | 1,923,720 | 2,417,240 |
| Net profit margin | -2.83% | -3.47% | -2.33% | -5.65% | -6.90% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $-93,384K ÷ $3,295,740K
= -2.83%
The net profit margin of Green Plains Inc has fluctuated over the past five years, with negative trends indicating challenges in generating profits relative to revenue. The company experienced an improvement in net profit margin from -6.90% in 2019 to -5.65% in 2020, but then saw a decline to -2.33% in 2021. However, the margin deteriorated further to -3.47% in 2022 and -2.83% in 2023. These negative figures suggest that Green Plains Inc has struggled to efficiently convert its sales into profits, indicating potential issues with cost management, pricing strategy, or operational efficiency. Further analysis of the company's financial performance and operational strategies may be necessary to address and improve the net profit margin in the future.
Peer comparison
Dec 31, 2023