Peabody (NYSE: BTU) today reported fourth-quarter net income attributable to common stockholders of $30.6 million, or $0.25 per diluted share, compared to $192.0 million, or $1.33 per diluted share, in the prior year quarter. Peabody had Adjusted EBITDA of $176.7 million in the fourth quarter of 2024 including a $41.4 million non-cash charge from Australia currency remeasurement, compared to $345.1 million in the fourth quarter of 2023.
Full-year 2024 revenue totaled $4,236.7 million compared to $4,946.7 million in the prior year. Full-year 2024 net income attributable to common stockholders totaled $370.9 million, or $2.70 per diluted share, compared to $759.6 million, or $5.00 per diluted share in the prior year. Adjusted EBITDA was $871.7 million compared to $1,363.9 million in the prior year.
"Peabody completed a highly productive year with a strong fourth quarter performance and the advancement of a transformative acquisition that we are confident will reshape Peabody in a profound and positive way," said Peabody CEO Jim Grech. "The Peabody team also drove an exceptional year in safety and environmental performance, leading to record low accident and severity rates and the reduction of more than $100 million of reclamation bonding obligations."
BTU shares started Thursday down 83 cents, or 4.6%, to $17.15.
