Metallus, Inc (MTUS)
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 | 97,700 | 128,200 | 162,300 | 191,900 | 181,700 | 120,000 | 79,400 | 107,100 | 126,700 | 199,400 | 262,000 | 247,800 | 218,500 | 180,300 | 109,700 | 38,500 | 15,600 | -16,600 | -16,800 | 2,000 |
| Revenue (ttm) | US$ in thousands | 1,084,000 | 1,171,600 | 1,293,800 | 1,355,700 | 1,357,600 | 1,274,900 | 1,242,300 | 1,301,400 | 1,329,900 | 1,422,800 | 1,449,700 | 1,361,300 | 1,282,900 | 1,155,800 | 1,018,000 | 844,700 | 830,800 | 846,500 | 914,800 | 1,097,500 |
| Gross profit margin | 9.01% | 10.94% | 12.54% | 14.16% | 13.38% | 9.41% | 6.39% | 8.23% | 9.53% | 14.01% | 18.07% | 18.20% | 17.03% | 15.60% | 10.78% | 4.56% | 1.88% | -1.96% | -1.84% | 0.18% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $97,700K ÷ $1,084,000K
= 9.01%
Metallus, Inc's gross profit margin has shown fluctuations over the past few years, indicating varying levels of profitability. The trend reveals an increasing pattern from March 31, 2020, where the margin was a mere 0.18%, to December 31, 2021, where it reached 17.03%. The company experienced a significant improvement in profitability during this period. However, from March 31, 2022, the margin began to decline slowly, suggesting a potential shift in the company's performance.
The highest gross profit margin was recorded on March 31, 2024, at 14.16%, indicating a strong level of profitability at that time. Nevertheless, the most recent data on December 31, 2024, shows a decline to 9.01%, which could be a cause for concern. It might be worth investigating the factors leading to this decrease in profitability to ensure the company's financial health is maintained in the future.
Overall, although the gross profit margin has fluctuated over the years, the trend suggests that Metallus, Inc has managed to maintain a reasonable level of profitability. Continued monitoring of this metric will be crucial to assess the company's financial performance accurately and make informed decisions moving forward.
Peer comparison
Dec 31, 2024