Koppers Holdings Inc (KOP)
Gross profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Gross profit | US$ in thousands | 422,600 | 366,600 | 344,600 | 334,100 | 360,400 |
Revenue | US$ in thousands | 2,092,100 | 2,154,200 | 1,980,500 | 1,678,600 | 1,669,100 |
Gross profit margin | 20.20% | 17.02% | 17.40% | 19.90% | 21.59% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $422,600K ÷ $2,092,100K
= 20.20%
The gross profit margin for Koppers Holdings Inc has shown a gradual decline from 21.59% as of December 31, 2020, to 19.90% as of December 31, 2021, and further down to 17.40% as of December 31, 2022. The trend continued with a slight decrease to 17.02% as of December 31, 2023. However, there was a notable improvement in the gross profit margin to 20.20% as of December 31, 2024. It is crucial for the company to monitor this trend closely to ensure sustainable profitability and operational efficiency.
Peer comparison
Dec 31, 2024
Company name
Symbol
Gross profit margin
Koppers Holdings Inc
KOP
20.20%
Louisiana-Pacific Corporation
LPX
28.29%
Trex Company Inc
TREX
42.28%