Talos Energy (TALO)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 187,332 | 381,915 | -182,952 | -465,605 | 58,729 |
| Revenue | US$ in thousands | 1,457,890 | 1,651,980 | 1,244,540 | 575,936 | 908,064 |
| Net profit margin | 12.85% | 23.12% | -14.70% | -80.84% | 6.47% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $187,332K ÷ $1,457,890K
= 12.85%
The net profit margin of Talos Energy Inc has varied significantly over the past five years. In 2023, the net profit margin stood at 12.85%, reflecting a healthy profitability level. This represented a significant decrease from 2022, where the net profit margin was 23.12%, indicating a possible decrease in profitability efficiency.
In 2021, the company experienced a negative net profit margin of -14.70%, suggesting that expenses exceeded revenues during that period. The most dramatic decline in profitability was observed in 2020, with a net profit margin of -79.25%, indicating substantial losses compared to revenue generated.
However, in 2019, the net profit margin was positive at 6.33%, indicating a return to profitability after a period of losses. Overall, analyzing the net profit margin trend over the past five years shows a mix of positive and negative profitability levels, highlighting the company's varying financial performance during this period.
Peer comparison
Dec 31, 2023