SunCoke Energy Inc (SXC)

Gross profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Gross profit (ttm)	US$ in thousands	1,818,400	1,814,100	1,807,700	1,771,500	1,723,700	1,575,500	1,433,700	1,263,100	1,183,000	1,108,600	1,034,700	1,040,700	1,062,700	867,700	680,600	452,200	178,900	179,200	175,700	184,500
Revenue (ttm)	US$ in thousands	2,035,900	2,027,900	2,022,900	1,989,300	1,940,500	1,791,800	1,641,600	1,466,200	1,381,600	1,323,300	1,253,700	1,258,600	1,282,400	1,380,300	1,495,600	1,580,000	1,600,300	1,572,000	1,532,200	1,491,700
Gross profit margin		89.32%	89.46%	89.36%	89.05%	88.83%	87.93%	87.34%	86.15%	85.63%	83.78%	82.53%	82.69%	82.87%	62.86%	45.51%	28.62%	11.18%	11.40%	11.47%	12.37%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,818,400K ÷ $2,035,900K
= 89.32%

SunCoke Energy Inc's gross profit margin has shown a declining trend over the past eight quarters. The margins have decreased from 22.99% in Q1 2022 to 16.41% in Q4 2023. This suggests a potential erosion in the company's ability to generate profits from its core business operations. It is important for SunCoke Energy Inc to closely monitor and address the factors contributing to this decline in order to maintain healthy profitability levels in the future.