Green Plains Renewable Energy Inc (GPRE)

Net profit margin

		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	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	-93,384	-139,233	-235,070	-136,068	-127,218	-98,170	-84,266	-120,921	-65,992	-106,054	-80,918	-98,875	-108,775	-98,894	-103,378	-140,506	-166,860	-73,608	-47,107	-2,759
Revenue (ttm)	US$ in thousands	3,295,743	3,497,394	3,559,601	3,714,359	3,662,845	3,551,121	3,342,935	3,054,963	2,827,168	2,503,613	2,180,884	1,844,490	1,923,719	2,160,632	2,368,920	2,611,466	2,417,238	2,285,069	2,441,767	2,618,906
Net profit margin		-2.83%	-3.98%	-6.60%	-3.66%	-3.47%	-2.76%	-2.52%	-3.96%	-2.33%	-4.24%	-3.71%	-5.36%	-5.65%	-4.58%	-4.36%	-5.38%	-6.90%	-3.22%	-1.93%	-0.11%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-93,384K ÷ $3,295,743K
= -2.83%

Net profit margin is a key financial ratio that reflects the percentage of each dollar of revenue that results in net income. Green Plains Inc's net profit margin has shown some fluctuations over the past eight quarters. In Q4 2023, the company's net profit margin was -2.83%, an improvement compared to Q3 2023 (-3.98%). However, the margin remains negative, indicating that the company's expenses are currently outweighing its revenues.

Looking back at the historical trend, the net profit margin has been mostly negative for Green Plains Inc, with Q2 2023 registering the lowest margin at -6.60%. These negative margins suggest that the company is facing challenges in generating profits relative to its revenue.

Comparing to the same quarter in the previous year, there seems to be some improvements as the net profit margin in Q4 2023 (-2.83%) was slightly better than Q4 2022 (-3.47%). However, the company still has room for improvement in terms of generating profits from its operations.

Overall, Green Plains Inc's net profit margin has been volatile and predominantly negative in recent quarters, indicating that the company may need to focus on cost management and revenue growth strategies to enhance profitability.