Allegheny Technologies Incorporated (ATI)
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 | 898,200 | 855,300 | 825,100 | 806,800 | 802,600 | 782,600 | 771,800 | 738,000 | 714,200 | 650,700 | 549,400 | 416,800 | 333,200 | 256,200 | 211,800 | 243,800 | 292,800 | 416,900 | 538,500 | 641,500 |
| Revenue (ttm) | US$ in thousands | 4,362,100 | 5,111,700 | 5,917,100 | 5,867,800 | 5,863,000 | 4,951,100 | 4,126,500 | 4,040,000 | 3,836,000 | 3,591,000 | 3,284,700 | 2,941,400 | 2,799,800 | 2,692,700 | 2,565,000 | 2,719,100 | 2,982,100 | 3,342,400 | 3,763,100 | 4,073,200 |
| Gross profit margin | 20.59% | 16.73% | 13.94% | 13.75% | 13.69% | 15.81% | 18.70% | 18.27% | 18.62% | 18.12% | 16.73% | 14.17% | 11.90% | 9.51% | 8.26% | 8.97% | 9.82% | 12.47% | 14.31% | 15.75% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $898,200K ÷ $4,362,100K
= 20.59%
Allegheny Technologies Incorporated's gross profit margin has shown fluctuations over the periods provided. Starting at 15.75% in March 2020, the margin gradually declined to a low of 8.26% by June 2021, indicating challenges in maintaining profitability. However, there was a notable recovery beginning in March 2022, with the margin steadily increasing to 20.59% by December 2024. This upward trend suggests that the company has been able to effectively control its costs and increase revenue generation, resulting in improved margins. The latest figure of 20.59% in December 2024 marks a significant improvement compared to the earlier periods, indicating a positive turn in the company's financial performance related to gross profitability.