Sylvamo Corp (SLVM)
Gross profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 390,000 | 393,000 | 455,000 | 597,000 | 592,000 | 598,000 | 679,000 |
| Revenue (ttm) | US$ in thousands | 3,705,000 | 3,657,000 | 3,719,000 | 3,707,000 | 3,716,000 | 3,761,000 | 3,709,000 |
| Gross profit margin | 10.53% | 10.75% | 12.23% | 16.10% | 15.93% | 15.90% | 18.31% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $390,000K ÷ $3,705,000K
= 10.53%
The gross profit margin of Sylvamo Corp has shown fluctuation over the past five quarters. In Q4 2023, the gross profit margin was 24.51%, which is a slight increase from the previous quarter but a decrease compared to Q4 2022. The decrease in the gross profit margin from Q4 2022 to Q4 2023 may indicate potential challenges in managing production costs or pricing strategies.
In Q3 2023, the gross profit margin was 21.18%, reflecting a significant decline compared to the previous quarter. This decrease could suggest difficulties in controlling production costs or lower revenue generation during that period.
However, in Q2 2023, the gross profit margin improved to 22.12%, showing a slight recovery from the previous quarter. This improvement may indicate successful cost management efforts or a boost in pricing strategies.
In Q1 2023, the gross profit margin was 26.37%, which was the highest among the quarters presented. This high gross profit margin could imply efficient cost control measures or an increase in revenue during that period.
Overall, the fluctuations in Sylvamo Corp's gross profit margin over the past five quarters suggest varying levels of efficiency in managing production costs and pricing strategies. Continuous monitoring and analysis of the factors influencing the gross profit margin are essential for assessing the company's financial health and performance.
Peer comparison
Dec 31, 2023