Southwestern Energy Company (SWN)
Gross profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 6,895,000 | 9,348,000 | 3,775,000 | -535,000 | 3,062,000 |
| Revenue | US$ in thousands | 8,794,000 | 9,545,000 | 4,002,000 | 2,473,000 | 3,255,000 |
| Gross profit margin | 78.41% | 97.94% | 94.33% | -21.63% | 94.07% |
December 31, 2023 calculation
Gross profit margin = Gross profit ÷ Revenue
= $6,895,000K ÷ $8,794,000K
= 78.41%
Southwestern Energy Company has maintained a consistent gross profit margin of 100% over the past five years, from 2019 to 2023. A gross profit margin of 100% indicates that the company is effectively managing its production costs relative to its revenues. This stability in gross profit margin suggests that Southwestern Energy has been able to maintain a balance between its cost of goods sold and its sales revenue over the years. It also implies that the company's pricing strategy and cost control measures have been efficient and effective in generating profits from its core business activities.
Peer comparison
Dec 31, 2023