The historical rank and industry rank for Ramaco Resources's Gross Margin % or its related term are showing as below:
METC'
s Gross Margin % Range Over the Past 10 Years
Min: 0.84 Med: 22.42 Max: 41.14
Current: 19.96
During the past 11 years, the highestGross Margin % of Ramaco Resources was 41.14%. The lowest was 0.84%. And the median was 22.42%.
METC's Gross Margin % is ranked better than 73.29% of 599
companies
in the Steel industry
Industry Median: 12.03
vs METC: 19.96
Ramaco Resources had a gross margin of 20.37% for the quarter that ended in Dec. 2024 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Ramaco Resources was 1.50% per year.
Ramaco Resources Gross Margin % Historical Data
The historical data trend for Ramaco Resources's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Ramaco Resources's Gross Margin %
For the Coking Coal subindustry, Ramaco Resources's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ramaco Resources's Gross Margin % Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Ramaco Resources's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Ramaco Resources's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Ramaco Resources had a gross margin of 20.37% for the quarter that ended in Dec. 2024 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Ramaco Resources Gross Margin % Related Terms
Thank you for viewing the detailed overview of Ramaco Resources's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Ramaco Resources Inc is a United States-based company that operates as a pure-play metallurgical coal company with operations in southern West Virginia and southwestern Virginia. Its portfolio includes high-quality metallurgical coal reserves and resources, with a focus on properties such as Elk Creek, Berwind, Knox Creek, and Maben. These properties are strategically located to serve North American blast furnace steel mill and coke plants, as well as international metallurgical coal consumers. Additionally, the company controls mineral deposits in Sheridan, Wyoming, exploring potential opportunities in rare earth elements and coal-to-carbon-based products. Operations are concentrated in the Appalachian basin, with active mines at Elk Creek, Berwind, Knox Creek, and Maben mining complexes.
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