Chemours Co (CC)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 22.21% | 21.54% | 23.03% | 23.39% | 24.36% | 26.31% | 26.73% | 24.24% | 22.49% | 22.14% | 20.79% | 21.88% | 22.52% | 18.74% | 18.89% | 20.11% | 19.79% | 23.17% | 25.30% | 27.52% |
| Operating profit margin | 0.43% | -4.11% | 0.95% | 10.47% | 11.64% | 14.33% | 14.78% | 12.97% | 10.99% | 9.12% | 6.93% | 7.57% | 7.77% | 9.41% | 9.03% | 10.55% | 9.89% | 13.78% | 16.12% | 18.42% |
| Pretax margin | -5.24% | -5.26% | -0.49% | 9.89% | 11.16% | 16.18% | 15.48% | 13.23% | 11.04% | 6.79% | 4.19% | 4.19% | 3.80% | -6.16% | -5.34% | -2.89% | -2.29% | 9.05% | 11.69% | 14.00% |
| Net profit margin | -4.03% | -5.43% | -1.44% | 7.63% | 8.71% | 13.21% | 13.08% | 11.53% | 9.92% | 6.72% | 4.72% | 4.41% | 4.62% | -2.43% | -2.35% | -0.85% | -0.95% | 7.20% | 10.27% | 12.60% |
The profitability ratios of Chemours Co have shown some fluctuations over the past quarters.
1. Gross profit margin: The gross profit margin has been declining from 27.52% in Q2 2019 to 22.21% in Q4 2023. This indicates a decrease in the percentage of revenue retained after accounting for the cost of goods sold.
2. Operating profit margin: The operating profit margin has also seen a downward trend, dropping from 18.42% in Q2 2019 to 0.43% in Q4 2023. This suggests that the company's operating expenses are impacting its profitability.
3. Pretax margin: The pretax margin has been fluctuating, with negative margins recorded in several quarters. It decreased from 11.69% in Q1 2019 to -5.24% in Q4 2023. This indicates challenges in generating profits before accounting for taxes.
4. Net profit margin: The net profit margin has also shown variability, declining from 12.60% in Q2 2019 to -4.03% in Q4 2023. This reflects the company's ability to generate profits after all expenses, including taxes, have been deducted.
In summary, the profitability of Chemours Co has been under pressure, with declining margins across gross, operating, pretax, and net profit levels. This suggests a need for the company to closely manage costs and improve operational efficiency to enhance its overall profitability.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 0.30% | -3.01% | 0.76% | 8.80% | 10.12% | 12.72% | 12.90% | 11.16% | 8.94% | 7.12% | 5.04% | 5.15% | 5.20% | 6.53% | 6.40% | 8.05% | 7.32% | 10.47% | 12.82% | 15.81% |
| Return on assets (ROA) | -2.87% | -3.98% | -1.15% | 6.41% | 7.57% | 11.72% | 11.41% | 9.93% | 8.07% | 5.25% | 3.44% | 3.00% | 3.09% | -1.68% | -1.66% | -0.65% | -0.70% | 5.47% | 8.17% | 10.81% |
| Return on total capital | -2.12% | -2.58% | 3.20% | 16.51% | 19.23% | 26.64% | 24.91% | 21.26% | 17.94% | 12.22% | 8.78% | 8.49% | 8.09% | -1.77% | -1.08% | 1.24% | 1.80% | 14.78% | 17.71% | 22.47% |
| Return on equity (ROE) | -32.16% | -41.85% | -10.89% | 39.85% | 52.21% | 70.72% | 72.65% | 64.07% | 56.34% | 39.58% | 28.62% | 25.29% | 26.94% | -15.98% | -17.81% | -6.87% | -7.40% | 48.75% | 73.75% | 97.78% |
Chemours Co's profitability ratios exhibit fluctuations over the periods analyzed.
1. Operating Return on Assets (Operating ROA) indicates the company's ability to generate operating profit from its assets. The ratio ranged from -3.01% to 12.90% during the period, with a noticeable decline in the recent quarters.
2. Return on Assets (ROA) assesses profitability without considering interest and taxes. Chemours Co experienced negative ROA in some quarters, with values ranging from -3.98% to 11.72%.
3. Return on Total Capital measures the return generated from all sources of capital. The ratio varied from -2.12% to 26.64%, with a significant decrease observed in recent quarters.
4. Return on Equity (ROE) gauges profitability from shareholders' perspective. Chemours Co's ROE fluctuated widely, from -41.85% to 97.78%, indicating volatility in shareholder returns.
Overall, the profitability ratios suggest that Chemours Co's performance has been volatile, with challenges in generating consistent returns across different periods. Management may need to focus on enhancing operational efficiency and capital utilization to optimize profitability.