Chemours Co (CC)
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 | 1,152,000 | 1,123,000 | 1,118,000 | 1,221,000 | 1,303,000 | 1,261,000 | 1,412,000 | 1,499,000 | 1,617,000 | 1,808,000 | 1,803,000 | 1,570,000 | 1,381,000 | 1,301,000 | 1,131,000 | 1,066,000 | 1,067,000 | 904,000 | 941,000 | 1,065,000 |
| Revenue (ttm) | US$ in thousands | 5,783,000 | 5,750,000 | 5,736,000 | 5,841,000 | 6,027,000 | 6,004,000 | 6,294,000 | 6,566,000 | 6,794,000 | 7,031,000 | 6,934,000 | 6,674,000 | 6,346,000 | 6,109,000 | 5,662,000 | 5,100,000 | 4,969,000 | 4,984,000 | 5,141,000 | 5,456,000 |
| Gross profit margin | 19.92% | 19.53% | 19.49% | 20.90% | 21.62% | 21.00% | 22.43% | 22.83% | 23.80% | 25.71% | 26.00% | 23.52% | 21.76% | 21.30% | 19.98% | 20.90% | 21.47% | 18.14% | 18.30% | 19.52% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,152,000K ÷ $5,783,000K
= 19.92%
The gross profit margin of Chemours Co has shown fluctuations over the past few years. From December 31, 2021, to June 30, 2022, the company's gross profit margin witnessed a significant increase from 21.76% to 26.00%, indicating improved efficiency in production and cost management during that period. Subsequently, the margin decreased gradually, reaching 19.49% by June 30, 2024.
Overall, the trend in the gross profit margin suggests some volatility in the company's ability to generate profit from its core business activities. It is important for investors and stakeholders to closely monitor these fluctuations to understand the company's performance and competitiveness in its industry. A declining gross profit margin could indicate pricing pressures, increased production costs, or inefficiencies in operations that may require further investigation and management attention.
Peer comparison
Dec 31, 2024