Southwestern Energy Company (SWN)
Gross profit 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 6,895,000 | 11,108,000 | 12,201,000 | 13,860,000 | 9,348,000 | 8,447,000 | 4,933,000 | 1,874,000 | 3,775,000 | 728,000 | 1,613,000 | 1,099,000 | -281,000 | -315,000 | 445,000 | 1,610,000 | 3,089,000 | 3,519,000 | 3,484,000 | 3,120,000 |
| Revenue (ttm) | US$ in thousands | 8,794,000 | 11,293,000 | 12,381,000 | 14,036,000 | 13,515,000 | 12,635,000 | 11,645,000 | 8,587,000 | 6,494,000 | 3,376,000 | 2,091,000 | 2,228,000 | 2,318,000 | 2,284,000 | 2,697,000 | 3,215,000 | 3,219,000 | 3,649,000 | 3,780,000 | 3,716,000 |
| Gross profit margin | 78.41% | 98.36% | 98.55% | 98.75% | 69.17% | 66.85% | 42.36% | 21.82% | 58.13% | 21.56% | 77.14% | 49.33% | -12.12% | -13.79% | 16.50% | 50.08% | 95.96% | 96.44% | 92.17% | 83.96% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $6,895,000K ÷ $8,794,000K
= 78.41%
Southwestern Energy Company has consistently maintained a gross profit margin of 100% across all quarters from Q1 2022 to Q4 2023. This stability in gross profit margin indicates strong control over production costs and efficient operations. A gross profit margin of 100% suggests that the company is able to sell its products with a significant markup over the cost of goods sold, resulting in healthy profitability. However, it is important to assess other aspects of the company's financial performance to gain a more comprehensive understanding of its overall financial health and sustainability.
Peer comparison
Dec 31, 2023