Century Aluminum Company (CENX)
Gross profit margin
| 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 (ttm) | US$ in thousands | 91,900 | 33,100 | 1,600 | 1,600 | 46,700 | 135,500 | 233,100 | 238,100 | 124,200 | 53,600 | -28,100 | -62,000 | -36,500 | -28,600 | -15,200 | -6,300 | -23,900 | -89,900 | -88,000 | -50,200 |
| Revenue (ttm) | US$ in thousands | 2,676,000 | 3,086,000 | 3,954,300 | 5,317,700 | 5,722,400 | 6,099,900 | 5,800,200 | 4,820,100 | 4,157,500 | 3,208,300 | 2,521,800 | 1,964,500 | 1,605,100 | 1,651,500 | 1,696,600 | 1,767,800 | 1,836,600 | 1,888,000 | 1,931,800 | 1,928,700 |
| Gross profit margin | 3.43% | 1.07% | 0.04% | 0.03% | 0.82% | 2.22% | 4.02% | 4.94% | 2.99% | 1.67% | -1.11% | -3.16% | -2.27% | -1.73% | -0.90% | -0.36% | -1.30% | -4.76% | -4.56% | -2.60% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $91,900K ÷ $2,676,000K
= 3.43%
The gross profit margin of Century Aluminum Company has demonstrated volatility over the periods presented. There was a significant improvement in gross profit margin from June 2022 to March 2022, followed by a decline in the following quarters. The gross profit margin has been mostly positive since June 2022 but dipped into negative territory in the second and third quarters of 2021. The company experienced a notable improvement in gross profit margin in the first quarter of 2022 compared to the same period in 2021. Overall, the trend in gross profit margin indicates fluctuation, with some quarters showing stronger performance than others.
Peer comparison
Dec 31, 2023