Metallus Inc (MTUS)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 14.03% | 10.11% | 17.25% | 1.85% | 1.84% |
| Operating profit margin | 7.68% | 3.72% | 9.34% | -8.39% | -7.93% |
| Pretax margin | 7.25% | 7.74% | 13.85% | -7.20% | -10.27% |
| Net profit margin | 5.22% | 5.19% | 13.41% | -7.34% | -8.96% |
Metallus Inc's profitability ratios have shown a mix of performance over the past five years.
The gross profit margin, which indicates the percentage of revenue remaining after deducting the cost of goods sold, has fluctuated between 1.84% and 17.25%. There has been an improvement in 2023 compared to the previous years, reaching 14.03%.
The operating profit margin, reflecting the company's operational efficiency in generating profits from its core business activities, has shown an increasing trend from negative values in 2020 and 2019 to 7.68% in 2023.
The pretax margin, which shows the company's profitability before taxes, has varied significantly with positive and negative figures. In 2023, it stood at 7.25%, indicating a positive trend compared to previous years.
Lastly, the net profit margin, representing the percentage of revenue that translates into profit after all expenses have been deducted, has shown improvement from negative values in 2020 and 2019 to 5.22% in 2023.
Overall, Metallus Inc's profitability ratios have shown an improving trend, with positive margins in recent years indicating enhanced operational efficiency and financial performance. However, it is essential to monitor these ratios closely to ensure sustainable profitability in the long term.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 8.69% | 4.31% | 10.29% | -7.12% | -8.98% |
| Return on assets (ROA) | 5.90% | 6.02% | 14.76% | -6.23% | -10.14% |
| Return on total capital | 13.55% | 14.71% | 27.52% | -8.80% | -15.09% |
| Return on equity (ROE) | 9.49% | 9.48% | 25.73% | -12.20% | -19.53% |
Metallus Inc's profitability ratios have shown fluctuations over the past five years.
1. Operating return on assets (Operating ROA) measures the company's ability to generate operating income from its assets. Metallus Inc's Operating ROA has seen improvements from 2020 to 2023, with a significant increase from -7.12% in 2020 to 8.69% in 2023, indicating better operational efficiency and utilization of assets.
2. Return on assets (ROA) reflects the overall profitability of the company in generating earnings from its total assets. Metallus Inc's ROA has varied, with a positive trend from -10.14% in 2019 to 5.90% in 2023, showcasing a recovery in asset efficiency and profitability.
3. Return on total capital measures the return generated from all sources of capital, including debt and equity. Metallus Inc's Return on total capital has shown fluctuations but has generally increased from -15.09% in 2019 to 13.55% in 2023, indicating improved returns on the company's overall capital investment.
4. Return on equity (ROE) evaluates the return generated for shareholders' equity. Metallus Inc's ROE has fluctuated over the years, reaching a peak of 25.73% in 2021 but declining thereafter. The 9.49% ROE in 2023 suggests a moderate return on equity, which may be an area for further improvement.
In summary, Metallus Inc has shown improvements in its profitability ratios over the past few years, indicating better operational efficiency and profitability. However, there are still areas that may require attention to sustain and enhance the company's overall profitability and returns to shareholders.