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.
Peer comparison
Mar 31, 2024