Metallus Inc (MTUS)

Operating 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
Operating income (ttm)	US$ in thousands	109,200	102,100	53,000	9,700	32,600	54,300	113,000	171,800	157,800	119,300	107,800	40,500	-25,400	-41,800	-74,000	-62,400	-41,200	-21,500	-1,000	9,000
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
Operating profit margin		8.09%	7.68%	4.30%	0.81%	2.66%	4.33%	8.22%	12.26%	11.80%	9.35%	9.37%	4.00%	-3.04%	-5.09%	-8.84%	-6.90%	-3.79%	-1.80%	-0.07%	0.60%

March 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $109,200K ÷ $1,350,100K
= 8.09%

Metallus Inc's operating profit margin has fluctuated over the past several quarters. The trend indicates that the operating profit margin has been volatile, with significant variations in performance.

In the most recent quarter, ending March 31, 2024, Metallus Inc reported an operating profit margin of 8.09%. This represents an improvement from the previous quarter's margin of 7.68%, suggesting the company's profitability increased during this period.

Looking back over the past year, the operating profit margin has shown a mix of positive and negative performance. There was a notable decline in profitability in the quarter ending December 31, 2022, with a margin of 4.33%. However, the company saw a strong performance in the quarter ending June 30, 2022, with an operating profit margin of 12.26%.

Overall, Metallus Inc's operating profit margin has shown inconsistency in performance, with fluctuations in profitability levels. It will be important for the company to focus on stabilizing and improving its operating profit margin to ensure sustainable financial health and growth in the future.