Olin Corporation (OLN)

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	718,900	744,700	879,300	956,900	1,165,500	1,364,300	1,576,000	1,930,600	2,181,900	2,429,200	2,608,700	2,453,100	2,294,200	1,861,200	1,331,100	827,500	383,400	303,100	391,900	515,600
Revenue (ttm)	US$ in thousands	6,540,100	6,483,400	6,565,300	6,624,000	6,833,000	7,195,400	7,845,700	8,759,100	9,376,200	9,829,600	9,848,000	9,453,200	8,910,600	8,134,300	7,231,800	6,251,700	5,758,000	5,491,000	5,630,000	5,981,700
Gross profit margin		10.99%	11.49%	13.39%	14.45%	17.06%	18.96%	20.09%	22.04%	23.27%	24.71%	26.49%	25.95%	25.75%	22.88%	18.41%	13.24%	6.66%	5.52%	6.96%	8.62%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $718,900K ÷ $6,540,100K
= 10.99%

Olin Corporation's gross profit margin has shown fluctuations over the periods presented. Starting at 8.62% in March 2020, the margin decreased to 5.52% by September 2020, indicating a decline in the company's ability to generate profits from its core business activities.

However, there was a noticeable improvement in the gross profit margin in the subsequent quarters, with the margin reaching 25.75% by December 2021. This significant increase continued into the first half of 2022, peaking at 26.49% in June 2022, reflecting stronger cost control or pricing strategies implemented by the company.

Subsequently, the gross profit margin started to decline, dropping to 17.06% by December 2023. This downward trend continued into 2024, with the margin further decreasing to 10.99% by December 2024.

The fluctuations in Olin Corporation's gross profit margin indicate changes in its pricing strategies, cost structures, and overall profitability over the period analyzed. It would be essential for the company to closely monitor and manage its cost of goods sold and revenue generation to sustain and improve its profitability levels in the future.