Southwestern Energy Company (SWN)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -974,000 | 2,066,000 | 4,473,000 | 6,661,000 | 7,354,000 | 7,249,000 | 5,471,000 | 3,633,000 | 2,635,000 | 986,000 | -31,000 | -1,080,000 | -2,871,000 | -2,563,000 | -2,211,000 | -1,433,000 | 270,000 | 558,000 | 653,000 | 755,000 |
| 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 |
| Operating profit margin | -11.08% | 18.29% | 36.13% | 47.46% | 54.41% | 57.37% | 46.98% | 42.31% | 40.58% | 29.21% | -1.48% | -48.47% | -123.86% | -112.22% | -81.98% | -44.57% | 8.39% | 15.29% | 17.28% | 20.32% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-974,000K ÷ $8,794,000K
= -11.08%
The operating profit margin of Southwestern Energy Company has displayed a declining trend over the past eight quarters. The margin has decreased from 49.20% in Q4 2022 to 11.28% in Q4 2023. This drop indicates a significant decrease in the company's efficiency in generating profits from its core operations over time.
The company's operating profit margin was relatively high in Q4 2022 but has since been on a downward trajectory, with consecutive decreases in each subsequent quarter. This pattern suggests potential challenges in cost control or revenue generation that have impacted the company's overall profitability.
The most recent operating profit margin of 11.28% in Q4 2023 indicates that for every dollar of revenue generated, the company is retaining approximately $0.11 as operating profit after deducting operating expenses. This signifies a considerable decline in profitability compared to previous quarters, highlighting the need for further analysis and potential strategic changes to improve operational efficiency and financial performance.
Peer comparison
Dec 31, 2023