SunCoke Energy Inc (SXC)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 125,100 | 153,700 | 141,500 | 69,700 | -144,300 |
| Revenue | US$ in thousands | 2,035,900 | 1,940,500 | 1,381,600 | 1,282,400 | 1,600,300 |
| Operating profit margin | 6.14% | 7.92% | 10.24% | 5.44% | -9.02% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $125,100K ÷ $2,035,900K
= 6.14%
SunCoke Energy Inc's operating profit margin has shown some fluctuations over the past five years. The margin was highest in 2021 at 9.72%, indicating the company's ability to generate profit from its core business operations. However, there was a slight decline in 2022 to 7.79%, followed by a further decrease to 6.06% in 2023.
The downward trend in the operating profit margin could suggest potential challenges in managing operating expenses relative to revenue or pricing pressures in the industry. It is important for SunCoke Energy Inc to closely monitor and address the factors impacting its operating profit margin to ensure profitability and efficiency in its operations.
Peer comparison
Dec 31, 2023