Metallus, Inc (MTUS)

Gross profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Gross profit	US$ in thousands	97,700	186,500	101,200	189,100	15,600
Revenue	US$ in thousands	1,084,000	1,362,400	1,304,400	1,252,000	830,700
Gross profit margin		9.01%	13.69%	7.76%	15.10%	1.88%

December 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $97,700K ÷ $1,084,000K
= 9.01%

Based on the data provided, the gross profit margin of Metallus, Inc has shown fluctuations over the years. In December 31, 2020, the gross profit margin was at a low of 1.88%, indicating that the company's cost of goods sold relative to its revenue was high. However, there was a significant improvement in the gross profit margin by December 31, 2021, reaching 15.10%, suggesting that the company became more efficient in managing its production costs and generating higher margins on its products.

Subsequently, by December 31, 2022, the gross profit margin dropped to 7.76%, indicating a decrease in profitability compared to the previous year. However, by December 31, 2023, the gross profit margin rebounded to 13.69%, showing a positive trend in improving profitability.

In the most recent year, as of December 31, 2024, the gross profit margin decreased to 9.01%. Although lower than the previous year, this figure still demonstrates a relatively healthy level of profitability for the company.

Overall, it is important for Metallus, Inc to continue monitoring and managing its cost of goods sold effectively to maintain and improve its gross profit margins consistently over time.