Warrior Met Coal Inc (HCC)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 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 | 367,162 | 498,009 | 497,979 | 430,710 |
| Revenue (ttm) | US$ in thousands | 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 | 1,280,144 | 1,435,603 | 1,416,915 | 1,324,709 |
| Pretax margin | 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% | 28.68% | 34.69% | 35.15% | 32.51% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $551,392K ÷ $1,703,690K
= 32.36%
Warrior Met Coal Inc's pretax margin has shown fluctuating trends over the past eight quarters. In Q1 2022, the pretax margin was at its lowest at 30.83%, but improved in subsequent quarters to reach a peak of 46.49% in Q2 2022. However, there was a slight decline in the pretax margin in the following quarters, with Q4 2023 recording a pretax margin of 32.89%.
Overall, the pretax margin has exhibited variability, indicating changes in the company's profitability before accounting for taxes. It is essential to monitor this metric closely to understand the company's ability to manage costs and generate profits from its operations. Further analysis and comparison with industry benchmarks may provide additional insights into Warrior Met Coal Inc's financial performance.
Peer comparison
Dec 31, 2023