AdvanSix Inc (ASIX)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 152,936 | 160,176 | 110,996 | 97,551 | 165,088 | 215,576 | 242,577 | 281,555 | 314,480 | 299,977 | 345,169 | 319,066 | 274,123 | 272,205 | 208,042 | 161,527 | 133,748 | 96,000 | 110,358 | 118,162 |
| Revenue (ttm) | US$ in thousands | 1,517,557 | 1,570,703 | 1,495,423 | 1,469,884 | 1,533,599 | 1,555,453 | 1,711,315 | 1,867,111 | 1,945,640 | 1,965,642 | 1,933,368 | 1,787,314 | 1,684,624 | 1,600,832 | 1,436,247 | 1,231,587 | 1,157,917 | 1,144,295 | 1,173,018 | 1,285,211 |
| Gross profit margin | 10.08% | 10.20% | 7.42% | 6.64% | 10.76% | 13.86% | 14.17% | 15.08% | 16.16% | 15.26% | 17.85% | 17.85% | 16.27% | 17.00% | 14.49% | 13.12% | 11.55% | 8.39% | 9.41% | 9.19% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $152,936K ÷ $1,517,557K
= 10.08%
The gross profit margin of AdvanSix Inc has shown fluctuations over the past few years, as indicated by the data provided. The trend reveals some variability in the company's ability to generate profit from its core business operations.
From March 31, 2020, to June 30, 2022, the gross profit margin steadily increased from 9.19% to 17.85%. This upward trend suggests an improvement in the company's efficiency in managing production costs and pricing strategies during this period.
However, from September 30, 2022, to December 31, 2024, the gross profit margin experienced a decline, dropping to 10.08%. This decrease could indicate challenges in maintaining profitability, potentially due to factors such as increased competition, rising input costs, or unfavorable market conditions.
The latest data point as of December 31, 2024, at 10.08% suggests that AdvanSix Inc may need to focus on enhancing its cost control measures or exploring revenue-generating opportunities to improve its gross profit margin in the future. Continuous monitoring and analysis of this metric will be crucial for assessing the company's financial performance and identifying areas for operational improvement.
Peer comparison
Dec 31, 2024