Warrior Met Coal Inc (HCC)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 478,629 | 641,298 | 150,881 | -35,761 | 301,699 |
| Revenue | US$ in thousands | 1,703,690 | 1,735,450 | 1,045,640 | 784,294 | 1,279,610 |
| Net profit margin | 28.09% | 36.95% | 14.43% | -4.56% | 23.58% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $478,629K ÷ $1,703,690K
= 28.09%
Warrior Met Coal Inc's net profit margin has varied over the past five years. In 2023, the net profit margin was 28.55%, indicating that the company retained approximately 28.55% of its revenue as net income after accounting for all expenses. This represents a decrease from the previous year, when the net profit margin was higher at 36.88%.
In 2021, Warrior Met Coal Inc's net profit margin was 14.24%, showing a decrease from the prior year. Notably, in 2020, the company experienced a negative net profit margin of -4.57%, indicating that expenses exceeded revenue during that period. However, the company showed a significant improvement in 2019 with a net profit margin of 23.79%.
The fluctuation in Warrior Met Coal Inc's net profit margin over the years could be influenced by various factors such as changes in revenue, cost management strategies, operational efficiency, and economic conditions impacting the coal industry. It is essential for investors and stakeholders to closely monitor these trends to assess the company's financial performance and profitability.
Peer comparison
Dec 31, 2023