Chemours Co (CC)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,151,000 | 1,306,000 | 1,616,000 | 1,381,000 | 1,067,000 |
| Revenue | US$ in thousands | 5,782,000 | 6,027,000 | 6,794,000 | 6,345,000 | 4,969,000 |
| Gross profit margin | 19.91% | 21.67% | 23.79% | 21.77% | 21.47% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,151,000K ÷ $5,782,000K
= 19.91%
The gross profit margin for Chemours Co has shown some fluctuations over the years. It increased from 21.47% in December 2020 to 21.77% in December 2021, indicating a slight improvement in profitability. Subsequently, in December 2022, there was a more significant increase to 23.79%, reflecting a notable boost in the company's ability to generate profit from its core operations.
However, in December 2023, the gross profit margin dropped to 21.67%, indicating a slight decline in profitability compared to the previous year. The trend continued in December 2024, with a further decrease to 19.91%, signaling a more significant decrease in the company's profitability compared to the prior year.
Overall, despite some fluctuations, the gross profit margin of Chemours Co has shown both improvements and declines over the years, suggesting variability in the company's ability to efficiently manage its production costs and generate profits from its goods or services during the period under review.
Peer comparison
Dec 31, 2024