Green Plains Renewable Energy Inc (GPRE)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -61,578 | -98,948 | 25,508 | -122,696 | -142,570 |
| Revenue | US$ in thousands | 3,295,740 | 3,662,850 | 2,827,170 | 1,923,720 | 2,417,240 |
| Operating profit margin | -1.87% | -2.70% | 0.90% | -6.38% | -5.90% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $-61,578K ÷ $3,295,740K
= -1.87%
The operating profit margin of Green Plains Inc has shown fluctuations over the past five years, ranging from negative 5.90% in 2019 to negative 2.03% in 2023. The negative values indicate that the company's operating expenses have exceeded its operating income during these periods. While there was a slight improvement in the operating profit margin in 2021 compared to the previous years, it worsened again in 2023.
The negative trend in the operating profit margin suggests that Green Plains Inc may be facing challenges in controlling its operating expenses relative to its sales revenue. Investors and stakeholders should closely monitor the company's operational efficiency and cost management strategies to ensure sustainability and profitability in the long run. Further analysis and investigation into the drivers behind these fluctuations would be necessary to understand the underlying factors affecting the company's operating performance.
Peer comparison
Dec 31, 2023