Filing Flows › Peabody Energy (BTU) › Q1 2025
Peabody Energy (BTU) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Peabody Energy (BTU) reported revenue of $937M for the first quarter 2025 (Q1 2025), -5% from a year earlier and -17% from the quarter before. Operating margin was 3.4%, net earnings $34.4M (3.7% of revenue).
Peabody Energy, Q1 2025: revenue $937M (-5% year over year), operating margin 3.4%, net earnings $34.4M, operating cash flow $120M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $937M | -17% | -5% |
| Operating profit | $31.9M | -20% | -38% |
| Net earnings | $34.4M | +12% | -13% |
| Operating cash flow | $120M | +0.1% | +0.8% |
| Free cash flow | $49.5M | — | -14% |
What changed
Revenue was $937.0M in Q1 2025, down 5% year over year and down 17% from the previous quarter. Powder River Basin was the largest line at 29% of revenue. Seaborne Metallurgical lost $26.9M year over year (down 11%), 58% of the total change.
Operating profit was $31.9M, a 3.4% margin (down 1.8 points year over year). Total costs fell 3% while revenue fell 5%. Net earnings were $34.4M, down 13% year over year. The effective tax rate was 11.4%. Non-operating items added $11.0M, 26% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $119.9M (up 1% year over year), 316% of net income including minority interests. Non-cash charges added back $92.1M of depreciation and amortization and $2.7M of share-based compensation. Working capital and other items used $12.9M. Capital expenditures of $70.4M left free cash flow of $49.5M.
Questions
What was Peabody Energy's revenue in the first quarter 2025?
Peabody Energy (BTU) reported revenue of $937M for the first quarter 2025 (Q1 2025), -5% from a year earlier and -17% from the quarter before.
Was Peabody Energy profitable in the first quarter 2025?
Operating profit was $31.9M (3.4% of revenue) and net earnings $34.4M.
Source: Peabody Energy 10-Q on SEC EDGAR.