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