Metallus Inc (MTUS)

Gross profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019
Gross profit (ttm)	US$ in thousands	196,700	186,500	124,800	79,400	107,100	126,700	202,400	263,500	249,300	220,000	178,800	109,700	38,500	15,600	-16,600	-16,800	2,000	22,600	77,900	108,900
Revenue (ttm)	US$ in thousands	1,350,100	1,329,300	1,232,100	1,191,500	1,223,800	1,253,800	1,374,100	1,401,200	1,337,600	1,275,500	1,151,000	1,011,500	836,600	821,400	837,100	904,500	1,086,500	1,196,700	1,376,200	1,511,300
Gross profit margin		14.57%	14.03%	10.13%	6.66%	8.75%	10.11%	14.73%	18.81%	18.64%	17.25%	15.53%	10.85%	4.60%	1.90%	-1.98%	-1.86%	0.18%	1.89%	5.66%	7.21%

March 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $196,700K ÷ $1,350,100K
= 14.57%

The gross profit margin of Metallus Inc has shown fluctuations over recent quarters. The gross profit margin is a measure of a company's profitability and efficiency in generating revenue after accounting for the cost of goods sold.

In the most recent quarter, ending March 31, 2024, the gross profit margin stood at 14.57%, slightly increasing from the 14.03% reported in the previous quarter. This indicates that the company was able to retain a higher percentage of its revenue as gross profit.

However, looking back at historical data, there has been volatility in the gross profit margin. In the quarter ending December 31, 2022, the gross profit margin was at a relatively high level of 18.64%, before declining to 4.60% in the following quarter, showing a significant decrease in profitability.

Overall, it is essential for investors and stakeholders to monitor Metallus Inc's gross profit margin closely to assess the company's ability to manage its production costs and generate profit from its core operations effectively.