SunCoke Energy Inc (SXC)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 332,000 | 338,600 | 367,600 | 337,200 | 284,800 |
| Revenue | US$ in thousands | 1,935,400 | 2,063,200 | 1,972,500 | 1,456,000 | 1,333,000 |
| Gross profit margin | 17.15% | 16.41% | 18.64% | 23.16% | 21.37% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $332,000K ÷ $1,935,400K
= 17.15%
SunCoke Energy Inc's gross profit margin has exhibited fluctuations over the five-year period from 2020 to 2024. The gross profit margin increased from 21.37% in December 2020 to 23.16% in December 2021, indicating an improvement in the company's ability to generate profits from its core business operations. However, the trend reversed in the subsequent years, with the gross profit margin declining to 18.64% in December 2022, 16.41% in December 2023, and then slightly recovering to 17.15% in December 2024.
The decreasing trend in the gross profit margin since 2021 suggests potential challenges in managing production costs or pricing strategies that may have impacted the company's profitability. It is important for SunCoke Energy Inc to closely monitor these factors and implement strategies to enhance operational efficiency and maintain a healthy level of profitability in the future.
Peer comparison
Dec 31, 2024