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Peabody Energy (Peabody Energy) Operating Income : $1,058 Mil (TTM As of Dec. 2023)


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What is Peabody Energy Operating Income?

Peabody Energy's Operating Income for the three months ended in Dec. 2023 was $247 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $1,058 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Peabody Energy's Operating Income for the three months ended in Dec. 2023 was $247 Mil. Peabody Energy's Revenue for the three months ended in Dec. 2023 was $1,235 Mil. Therefore, Peabody Energy's Operating Margin % for the quarter that ended in Dec. 2023 was 20.02%.

Peabody Energy's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Peabody Energy's annualized ROC % for the quarter that ended in Dec. 2023 was 18.24%. Peabody Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 38.78%.


Peabody Energy Operating Income Historical Data

The historical data trend for Peabody Energy's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Peabody Energy Operating Income Chart

Peabody Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 199.20 -135.00 326.90 1,235.30 1,058.10

Peabody Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 575.20 402.90 255.30 152.70 247.20

Peabody Energy Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,058 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Peabody Energy  (NYSE:BTU) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Peabody Energy's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=988.8 * ( 1 - 26.05% )/( (3906.9 + 4112.7)/ 2 )
=731.2176/4009.8
=18.24 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Peabody Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1133.6/( ( (2841.5 + max(63.4, 0)) + (2906 + max(34.8, 0)) )/ 2 )
=1133.6/( ( 2904.9 + 2940.8 )/ 2 )
=1133.6/2922.85
=38.78 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(294.1 + 352 + 244.1) - (826.8 + 0 + 0)
=63.4

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(322.3 + 351.8 + 308.9) - (880.1 + 0 + 68.1)
=34.8

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Peabody Energy's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=247.2/1235
=20.02 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Peabody Energy Operating Income Related Terms

Thank you for viewing the detailed overview of Peabody Energy's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Peabody Energy (Peabody Energy) Business Description

Traded in Other Exchanges
Address
701 Market Street, Peabody Plaza, St. Louis, MO, USA, 63101-1826
Peabody Energy Corp is a producer of metallurgical and thermal coal. It also markets and brokers coal, both as principal and agent, and trades coal and freight-related contracts. The company operates in the following segment: Seaborne Thermal Mining, Seaborne Metallurgical Mining, Powder River Basin Mining, Midwestern U.S. Mining, Other U.S. Thermal Mining, and Corporate and Other.
Executives
Mark Spurbeck officer: EVP and CFO C/O CORP. SECRETARY, PEABODY ENERGY CORP, 701 MARKET STREET, ST. LOUIS MO 63101
Elliott Investment Management L.p. 10 percent owner 360 S. ROSEMARY AVE, 18TH FLOOR, WEST PALM BEACH FL 33401
Margaret Katherine Banks director 125 SPENCE STREET, SUITE 500, ZACHRY ENGINEERING EDUCATION COMPLEX, COLLEGE STATION TX 77843
Scott T. Jarboe officer: CAO and Corporate Secretary C/O PEABODY ENERGY CORP., 701 MARKET STREET, ST. LOUIS MO 63101
Darren Ronald Yeates officer: EVP & COO C/O CORPORATE SECRETARY, 701 MARKET STREET, ST. LOUIS MO 63101
James C. Grech director, officer: President and CEO 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Samantha Algaze director C/O ELLIOTT MANAGEMENT CORPORATION, 40 WEST 57TH STREET, NEW YORK NY 10019
David J Miller director C/O ELLIOTT MANAGEMENT CORPORATION, 40 WEST 57TH STREET, NEW YORK NY 10019
William H Champion director C/O CORPORATE SECRETARY, 701 MARKET STREET, ST. LOUIS MO 63101
Marc E. Hathhorn officer: PRESIDENT-AUSTRALIA OPERATIONS C/O CORPORATE SECRETARY, 701 MARKET STREET, ST. LOUIS MO 63101
Kemal Williamson officer: President - Americas 701 MARKET STREET, ST. LOUIS MO 63101
Paul V. Richard officer: SVP & CHIEF HR OFFICER C/O ASSISTANT CORPORATE SECRETARY, PEABODY ENERGY CORP., 701 MARKET ST., ST. LOUIS MO 63101
Glenn L Kellow director, officer: President and CEO 701 MARKET STREET, ST. LOUIS MO 63101
Charles F Meintjes officer: President - Australia 701 MARKET STREET, ST. LOUIS MO 63101
A. Verona Dorch officer: EVP,CLO,Govt Affairs&Corp Secy 350 POPLAR CHURCH ROAD, CAMP HILL PA 17011