SunCoke Energy Inc (SXC)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 89.32% | 88.83% | 85.63% | 82.87% | 11.18% |
| Operating profit margin | 6.14% | 7.92% | 10.24% | 5.44% | -9.02% |
| Pretax margin | 4.51% | 6.06% | 4.47% | 1.09% | -12.94% |
| Net profit margin | 2.82% | 5.19% | 3.14% | 0.29% | -9.52% |
SunCoke Energy Inc's profitability ratios have shown fluctuating trends over the past five years. The gross profit margin has decreased from 23.16% in 2021 to 16.41% in 2023, indicating a decline in efficiency in generating revenues after accounting for the cost of goods sold. This trend suggests a potential need for cost control measures or pricing adjustments.
Similarly, the operating profit margin has also declined from 9.72% in 2021 to 6.06% in 2023, reflecting a decrease in the company's ability to control operating expenses and generate operating income from its core business activities. This might indicate inefficiencies in managing operational costs or lower operating income relative to revenues.
The pretax margin has shown variability over the years, with a notable increase from 2019 to 2022 but a slight decline in 2023. This suggests fluctuations in the company's ability to generate profits before accounting for taxes, possibly influenced by factors such as changes in revenue, expenses, or tax implications.
The net profit margin, which represents the final profitability after all expenses, taxes, and interest payments have been deducted, has also fluctuated. While there was a significant improvement from a negative margin in 2019 to a positive margin in 2020, the ratio has since declined to 2.79% in 2023. This might indicate challenges in maintaining profitability levels or potential pressure on the company's bottom line due to various factors.
Overall, the trends in SunCoke Energy Inc's profitability ratios suggest the need for a closer examination of cost management, revenue generation, and overall operational efficiency to enhance profitability and long-term sustainability.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 7.53% | 9.29% | 8.76% | 4.32% | -8.23% |
| Return on assets (ROA) | 3.46% | 6.09% | 2.69% | 0.23% | -8.68% |
| Return on total capital | 10.78% | 13.41% | 9.40% | 6.15% | -11.54% |
| Return on equity (ROE) | 9.36% | 17.20% | 8.71% | 0.79% | -30.98% |
SunCoke Energy Inc has shown consistent improvement in its profitability ratios over the past five years.
Operating return on assets (Operating ROA) has fluctuated within a moderate range, with a slight decrease from 9.29% in 2022 to 7.53% in 2023. This ratio indicates that the company is generating profits from its core operations relative to its total assets.
Return on assets (ROA) has shown significant improvement, increasing from 0.23% in 2020 to 3.46% in 2023. This suggests that the company is becoming more efficient in generating profits from its assets.
Return on total capital has also exhibited a positive trend, rising from 6.08% in 2020 to 11.33% in 2023. This ratio reflects the company's ability to generate returns on both debt and equity investments.
Return on equity (ROE) has shown consistent improvement, reflecting a steady increase from -30.98% in 2019 to 9.36% in 2023. This indicates that the company is becoming more effective in generating returns for its shareholders.
Overall, SunCoke Energy Inc's profitability ratios demonstrate a positive trajectory, indicating improved operational efficiency and profitability over the past five years.