Sylvamo Corp (SLVM)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 940,000 | 912,000 | 1,009,000 | 1,187,000 | 908,000 |
| Revenue | US$ in thousands | 3,773,000 | 3,721,000 | 3,628,000 | 3,502,000 | 3,009,000 |
| Gross profit margin | 24.91% | 24.51% | 27.81% | 33.89% | 30.18% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $940,000K ÷ $3,773,000K
= 24.91%
The gross profit margin of Sylvamo Corp has shown fluctuations over the past five years. In December 2020, the gross profit margin was recorded at 30.18%, which increased to 33.89% by December 2021. However, in the following years, the margin experienced a decline, dropping to 27.81% in December 2022, further decreasing to 24.51% by December 2023, and slightly increasing to 24.91% by December 2024.
These fluctuations indicate potential shifts in the company's cost structure, pricing strategies, or sales mix over the years. A decreasing trend in the gross profit margin may raise concerns about the company's ability to efficiently control its production costs relative to its revenue. Further analysis and investigation into the underlying factors driving these changes would be necessary to assess the overall health and profitability of Sylvamo Corp.
Peer comparison
Dec 31, 2024