HF Sinclair Corp (DINO)
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 | 2,036,030 | 2,180,930 | 3,362,217 | 4,438,787 | 5,138,948 | 6,012,500 | 6,229,320 | 7,234,440 | 6,815,628 | 5,760,848 | 4,466,899 | 2,829,416 | 2,628,674 | 2,521,360 | 2,160,110 | 2,039,593 | 1,425,427 | 1,617,243 | 2,097,495 | 2,374,857 |
| Revenue (ttm) | US$ in thousands | 28,584,710 | 29,744,850 | 31,443,180 | 31,430,690 | 31,964,400 | 33,289,190 | 34,982,720 | 38,311,270 | 38,204,880 | 34,842,620 | 28,928,680 | 22,343,600 | 18,389,140 | 15,667,240 | 13,801,580 | 11,287,390 | 11,183,640 | 12,664,760 | 14,270,190 | 16,989,880 |
| Gross profit margin | 7.12% | 7.33% | 10.69% | 14.12% | 16.08% | 18.06% | 17.81% | 18.88% | 17.84% | 16.53% | 15.44% | 12.66% | 14.29% | 16.09% | 15.65% | 18.07% | 12.75% | 12.77% | 14.70% | 13.98% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,036,030K ÷ $28,584,710K
= 7.12%
The gross profit margin of HF Sinclair Corp has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The company's gross profit margins ranged from a low of 7.12% in December 31, 2024, to a high of 18.88% in March 31, 2023.
Overall, the trend in the gross profit margin depicts variability, indicating potential changes in the company's cost structure, pricing strategies, or efficiency in managing production costs. The company experienced some periods of improvement in gross profit margins, such as the significant increase from 12.75% in December 31, 2020, to 18.07% in March 31, 2021. However, there were also periods of decline, as seen in the decrease from 15.65% in June 30, 2021, to 12.66% in March 31, 2022.
It is crucial for HF Sinclair Corp to further analyze the factors influencing these fluctuations in gross profit margin to ensure effective cost control and pricing strategies in order to maintain profitability and financial stability in the long term.