Warrior Met Coal Inc (HCC)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 283,702 | 422,990 | 478,799 | 496,162 | 551,392 | 529,435 | 545,988 | 814,743 | 783,104 | 828,932 | 754,024 | 377,395 | 199,970 | -9,732 | -76,193 | -78,473 | -55,964 | 6,120 | 81,375 | 253,517 |
| Revenue (ttm) | US$ in thousands | 1,532,254 | 1,639,102 | 1,722,717 | 1,705,199 | 1,703,690 | 1,643,400 | 1,621,481 | 1,866,718 | 1,722,254 | 1,783,131 | 1,595,163 | 1,197,238 | 1,045,656 | 853,009 | 831,310 | 768,151 | 783,157 | 775,805 | 888,048 | 1,139,650 |
| Pretax margin | 18.52% | 25.81% | 27.79% | 29.10% | 32.36% | 32.22% | 33.67% | 43.65% | 45.47% | 46.49% | 47.27% | 31.52% | 19.12% | -1.14% | -9.17% | -10.22% | -7.15% | 0.79% | 9.16% | 22.25% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $283,702K ÷ $1,532,254K
= 18.52%
Warrior Met Coal Inc's pretax margin has seen fluctuations over the analyzed period. Starting at a healthy 22.25% in March 2020, the margin declined sharply by December 2020 to -7.15%, indicating a period of financial challenge. The trend of negative margins continued until December 2021, when there was a significant improvement to 19.12%, signifying a possible turnaround in the company's financial performance.
Subsequently, there was a notable uptrend in pretax margin from March 2022 to June 2023, reaching a peak of 47.27%. This period marked a strong phase for Warrior Met Coal Inc in terms of profitability. However, starting from September 2023, the margin began to decline, albeit at a slower pace. By the end of December 2024, the pretax margin stood at 18.52%, indicating a decrease from the peak levels seen earlier.
The overall analysis suggests that Warrior Met Coal Inc has experienced both significant challenges and periods of growth in terms of pretax profitability during the analyzed period. It is essential for stakeholders to continue monitoring the company's financial performance to assess its ability to sustain and improve margins in the future.
Peer comparison
Dec 31, 2024