Sylvamo Corp (SLVM)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 901,000 | 828,000 | 795,000 | 744,000 | 865,000 | 974,000 | 1,023,000 | 1,078,000 | 1,135,000 | 1,156,000 | 1,196,000 | 1,230,000 | 1,155,000 | 1,118,000 | 1,035,000 | 954,500 | 908,000 |
| Revenue (ttm) | US$ in thousands | 3,773,000 | 3,767,000 | 3,699,000 | 3,685,000 | 3,739,000 | 3,702,000 | 3,773,000 | 3,766,000 | 3,784,000 | 3,829,000 | 3,769,000 | 3,552,000 | 3,353,000 | 3,177,000 | 3,007,000 | 3,049,500 | 3,009,000 |
| Gross profit margin | 23.88% | 21.98% | 21.49% | 20.19% | 23.13% | 26.31% | 27.11% | 28.62% | 29.99% | 30.19% | 31.73% | 34.63% | 34.45% | 35.19% | 34.42% | 31.30% | 30.18% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $901,000K ÷ $3,773,000K
= 23.88%
Sylvamo Corp's gross profit margin has shown some fluctuations over the period from December 31, 2020, to December 31, 2024.
Initially, the gross profit margin increased from 30.18% on December 31, 2020, to a peak of 35.19% on September 30, 2021. This upward trend indicated the company's ability to generate more profit from its sales after accounting for the cost of goods sold.
However, starting from March 31, 2022, the gross profit margin started to decline steadily, dropping to 23.13% by December 31, 2023. This downward trend suggests that the company may have experienced challenges in maintaining profitability as its costs increased or its pricing strategy became less effective.
In the subsequent periods, there was a slight recovery in the gross profit margin, reaching 23.88% by December 31, 2024. Despite this improvement, the margin remained below the levels seen in earlier periods.
Overall, the analysis of Sylvamo Corp's gross profit margin indicates fluctuations in profitability over the analyzed period, with a notable decline followed by a partial recovery in the later years. This trend may raise concerns about the company's cost management, pricing strategies, or competitive positioning in the market. Further evaluation of the company's operating expenses, pricing structures, and industry dynamics could provide more insights into the factors driving these fluctuations in the gross profit margin.
Peer comparison
Dec 31, 2024