NYSE$BTU

Peabody Energy Corporation · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Peabody Energy reported a net income of $30.6 million for Q4 2024, with Adjusted EBITDA at $176.7 million. The company advanced its Centurion Mine development and shipped its first coal cargo, while also progressing with the acquisition of premium hard coking coal operations.

Peabody Energy's Q4 2024 saw a net income of $30.6 million and Adjusted EBITDA of $176.7 million. The company is advancing its Centurion Mine development and moving forward with a transformative acquisition.

  • Net income attributable to common stockholders was $30.6 million, or $0.25 per diluted share.
  • Adjusted EBITDA was $176.7 million, including a $41.4 million non-cash charge from Australia currency remeasurement.
  • Centurion Mine development advanced, with first coal cargo shipped and longwall production expected to start in March 2026.
  • Agreement to purchase premium hard coking coal operations in Australia's Bowen Basin is underway.

Headline financials

Total Revenue

$1.12B

Previous: $1.24B-9.1%
EPS (adj)

$0.25

Previous: $1.33-81.2%
Seaborne Thermal Revenue/Ton

$73.55

No prior period
Seaborne Metallurgical Revenue/Ton

$123.41

No prior period
PRB Revenue/Ton

$13.79

No prior period
Other U.S. Thermal Revenue/Ton

$57.74

No prior period
Seaborne Thermal Adjusted EBITDA

$112M

No prior period
Seaborne Metallurgical Adjusted EBITDA

$22.8M

No prior period
PRB Adjusted EBITDA

$52.7M

No prior period
Other U.S. Thermal Adjusted EBITDA

$40.5M

No prior period
Seaborne Thermal Tons Sold

4.2M

No prior period
Seaborne Metallurgical Tons Sold

2.2M

No prior period
PRB Tons Sold

23.0M

No prior period
Other U.S. Thermal Tons Sold

3.7M

No prior period
Seaborne Thermal Export Avg. Realized Price/Ton

$96.41

No prior period
Seaborne Thermal Domestic Avg. Realized Price/Ton

$25.47

No prior period
Seaborne Thermal Costs/Ton

$46.97

No prior period
Seaborne Thermal Adjusted EBITDA Margin/Ton

$26.58

No prior period
Seaborne Metallurgical Costs/Ton

$113.05

No prior period
Seaborne Metallurgical Adjusted EBITDA Margin/Ton

$10.36

No prior period
PRB Costs/Ton

$11.50

No prior period
PRB Adjusted EBITDA Margin/Ton

$2.29

No prior period
Other U.S. Thermal Costs/Ton

$46.73

No prior period
Other U.S. Thermal Adjusted EBITDA Margin/Ton

$11.01

No prior period
Capital Expenditures

-$130M

Previous: -$150M+13.1%
Net Income

$37.8M

Previous: $199M-81.0%
Operating Income

$40.1M

Previous: $251M-84.0%
Gross Profit

$166M

Previous: $276M-39.8%

Revenue & EPS history

Peabody Energy · Revenue · Quarterly

$1.12B

Q4 2024-9.1%vs Q4 2023
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

Peabody Energy · $1.08B total across 5 segments · Q3 2023

  • Powder River Basin
    $313M+7.7%
  • Seaborne Thermal
    $297M-15.8%
  • Seaborne Metallurgical
    $247M-20.5%
  • Other U.S. Thermal
    $228M-12.7%
  • Corporate and Other
    -$6.7M-105.3%

Forward guidance

Peabody is focusing on safe operations, Centurion Mine ramp-up, completing the premium hard coking coal acquisition, serving Asian thermal coal demand, and leveraging low-cost domestic U.S. thermal coal production.

Tailwinds

  • Continuing emphasis on safe, productive, environmentally sound operations
  • Ramping up the Centurion Mine on time and on budget
  • Successfully completing the premium hard coking coal acquisition and integrating the mines into Peabody
  • Serving growing Asian thermal coal demand through its low-cost Australian export platform
  • Leveraging Peabody’s low-cost domestic U.S. thermal coal production to capitalize on emerging favorable policy and economic themes

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-2.0%

Avg return

Earnings day

-1.9%

Avg return

5 days after

+1.2%

Avg return

30 days after

39%

14 / 36 earnings

Positive

+25.2%

Q4 2021

Best reaction

-29.0%

Q3 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.8%-11.0%+17.7%
Q4 2025-2.2%+2.7%-8.3%
Q3 2025-4.7%+8.9%+0.9%
Q1 2025+9.2%+5.6%-2.6%
Q4 2024-9.1%-3.8%-30.6%
Q3 2024+7.2%+10.2%-3.4%
Q2 2024-0.8%-3.7%+5.4%
Q1 2024+2.8%+2.3%+15.6%
Q4 2023-2.5%-4.4%+4.7%
Q3 2023+0.6%-4.4%-2.8%
Q2 2023-3.7%-0.7%-4.5%
Q1 2023+2.6%-0.3%-20.3%
Q4 2022+12.1%+7.3%-11.2%
Q3 2022+16.2%+27.5%+36.0%
Q2 2022-8.0%-14.7%+21.8%
Q1 2022-14.6%-18.8%-5.2%
Q4 2021+25.2%+26.6%+69.4%
Q3 2021-8.9%-11.8%-19.5%
Q2 2021+8.7%+5.8%+44.8%
Q1 2021-13.8%-3.3%+54.5%
Q4 2020-17.9%-14.3%-7.6%
Q3 2020-29.0%-10.3%+26.5%
Q2 2020-14.3%-10.5%-14.3%
Q1 2020+13.0%+8.0%+5.0%
Q4 2019+20.8%+12.1%-37.2%
Q3 2019-26.2%-36.3%-39.5%
Q2 2019-15.9%-18.4%-16.7%
Q1 2019-4.1%+1.5%-18.2%
Q4 2018-13.8%-17.3%-14.5%
Q3 2018+4.6%+1.7%-8.1%
Q2 2018-0.5%+1.1%-2.9%
Q1 2018-3.1%-3.0%+9.1%
Q4 2017-7.2%-4.4%-5.0%
Q3 2017+3.0%+1.9%+8.9%
Q2 2017+7.7%+0.6%+3.4%
Q1 2017-4.4%-0.4%-6.7%
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2012
Q4 2011
Q3 2011
Q2 2011
Q1 2011
Q4 2007
Q3 2010
Q2 2010
Q1 2009
Q1 2010
Q4 2008
Q4 2009
Q3 2009
Q3 2008
Q2 2008
Q2 2009

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