SunCoke Energy Inc (SXC)

Net profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	57,500	100,700	43,400	3,700	-152,300
Revenue	US$ in thousands	2,035,900	1,940,500	1,381,600	1,282,400	1,600,300
Net profit margin		2.82%	5.19%	3.14%	0.29%	-9.52%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $57,500K ÷ $2,035,900K
= 2.82%

The net profit margin of SunCoke Energy Inc has displayed fluctuating trends over the past five years. In 2023, the net profit margin stood at 2.79%, a decrease from the previous year's figure of 5.11%. This decline suggests a lower percentage of sales translating into profits for the company in 2023 compared to 2022.

Looking back further, in 2021, the net profit margin was 2.98%, showing a slight improvement from the preceding year. However, in 2020, there was a substantial increase in the net profit margin to 0.28%, indicating a better ability to convert sales into profits compared to 2019 when the company experienced a net profit margin of -9.52%.

Overall, the varying net profit margins highlight fluctuations in the company's profitability over the years, with 2023 showing a moderation in profitability compared to the previous year. It would be essential for SunCoke Energy Inc to closely monitor and manage its expenses and revenue streams to improve and sustain its profitability in the future.