Warrior Met Coal Inc (HCC)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 283,703 | 551,429 | 783,104 | 199,977 | -55,905 |
| Revenue | US$ in thousands | 1,525,220 | 1,703,690 | 1,735,450 | 1,045,640 | 784,294 |
| Pretax margin | 18.60% | 32.37% | 45.12% | 19.12% | -7.13% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $283,703K ÷ $1,525,220K
= 18.60%
The pretax margin of Warrior Met Coal Inc has exhibited significant fluctuations over the five-year period from December 31, 2020, to December 31, 2024.
- In December 2020, the company reported a negative pretax margin of -7.13%, indicating that its expenses exceeded its operating income before taxes.
- By December 2021, the pretax margin had improved significantly to 19.12%, demonstrating that the company was able to generate higher profits relative to its revenue.
- The trend continued to strengthen in December 2022, with the pretax margin expanding to 45.12%, reflecting a substantial increase in profitability for Warrior Met Coal Inc.
- However, there was a slight decline in profitability by December 2023, as the pretax margin decreased to 32.37%, although it remained at a relatively healthy level.
- Finally, by December 2024, the pretax margin had further decreased to 18.60%, indicating a relative decline in profitability compared to the prior year.
Overall, Warrior Met Coal Inc's pretax margin experienced notable fluctuations during the period under review, with significant improvements in profitability followed by some moderate declines. These changes may be influenced by various factors such as changes in operating costs, revenue streams, market conditions, and strategic decisions made by the company. Additional analysis of the company's financial performance and operational efficiency would provide further insights into the drivers behind these fluctuations.
Peer comparison
Dec 31, 2024