Southwestern Energy Company (SWN)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -974,000 | 7,354,000 | 2,635,000 | -2,871,000 | 270,000 |
| Revenue | US$ in thousands | 8,794,000 | 9,545,000 | 4,002,000 | 2,473,000 | 3,255,000 |
| Operating profit margin | -11.08% | 77.05% | 65.84% | -116.09% | 8.29% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $-974,000K ÷ $8,794,000K
= -11.08%
The operating profit margin of Southwestern Energy Company has displayed significant fluctuations over the past five years. In 2023, the operating profit margin stood at 11.28%, showing a considerable decrease compared to the previous year's margin of 49.20%. This decline indicates a decrease in the company's efficiency in generating profits from its core operations.
The operating profit margin in 2023 was still higher compared to the margin of 9.84% in 2019, reflecting some improvement over the past five years. However, it is substantially lower than the peak margin of 49.20% in 2022, suggesting potential challenges in managing costs and optimizing revenue streams in the most recent year.
Overall, Southwestern Energy Company's operating profit margin performance has been volatile, with significant fluctuations that may require further examination to understand the underlying factors influencing the company's profitability.
Peer comparison
Dec 31, 2023