Southwestern Energy Company (SWN)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,557,000 | 1,849,000 | -25,000 | -3,112,000 | 891,000 |
| Revenue | US$ in thousands | 8,794,000 | 9,545,000 | 4,002,000 | 2,473,000 | 3,255,000 |
| Net profit margin | 17.71% | 19.37% | -0.62% | -125.84% | 27.37% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $1,557,000K ÷ $8,794,000K
= 17.71%
The net profit margin of Southwestern Energy Company has shown significant fluctuations over the past five years. In 2019, the company reported a strong net profit margin of 29.33%, indicating that it generated a substantial portion of revenue as profit after accounting for all expenses. However, in 2020, the net profit margin dropped drastically to -134.84%, suggesting that the company incurred significant losses that year.
The trend reversed in 2021, with the net profit margin slightly improving but still negative at -0.37%. This negative margin indicates that the company continued to face challenges in generating profits relative to its revenue.
By 2022, there was a notable recovery in the net profit margin, reaching 12.33%. This improvement suggests that the company implemented measures to enhance profitability and efficiency. In 2023, the net profit margin significantly increased to 23.87%, indicating a further enhancement in the company's ability to translate revenue into profits.
Overall, Southwestern Energy Company's net profit margin has exhibited considerable variability in recent years, reflecting fluctuations in its financial performance and operational efficiency. The company's focus on improving profitability is evident from the upward trend in the net profit margin from 2021 to 2023.
Peer comparison
Dec 31, 2023