Vulcan Steel (ASX:VSL) Gross Profit: A$296.8 Mil (TTM As of Dec. 2025)

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ASX:VSL Vulcan Steel Ltd ASX:VSL
54 GF Score
Price A$5.27
GF Value A$6.27
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Vulcan Steel Gross Profit?

Vulcan Steel ASX:VSL -1.68% 54 Gross Profit is A$296.8 Mil as of Dec. 2025. GuruFocus rates ASX:VSL with a GF Score™ of 54/100 and a GF Value™ of A$6.27 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Vulcan Steel's gross profit for the six months ended in Dec. 2025 was A$157.0 Mil. Vulcan Steel's gross profit for the trailing twelve months (TTM) ended in Dec. 2025 was A$296.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Vulcan Steel's gross profit for the six months ended in Dec. 2025 was A$157.0 Mil. Vulcan Steel's Revenue for the six months ended in Dec. 2025 was A$466.3 Mil. Therefore, Vulcan Steel's Gross Margin % for the quarter that ended in Dec. 2025 was 33.67%.

Vulcan Steel had a gross margin of 33.67% for the quarter that ended in Dec. 2025 => Competition eroding margins

During the past 4 years, the highest Gross Margin % of Vulcan Steel was 39.97%. The lowest was 33.43%. And the median was 35.45%.


Vulcan Steel  (ASX:VSL) Gross Profit Explanation

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

Vulcan Steel had a gross margin of 33.67% for the quarter that ended in Dec. 2025 => Competition eroding margins


Vulcan Steel Gross Profit Related Terms


Vulcan Steel Gross Profit Historical Data

* Premium members only.

The historical data trend for Vulcan Steel's Gross Profit 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.

Vulcan Steel Gross Profit Chart

Vulcan Steel Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Gross Profit
351.49 405.77 346.64 300.90

Vulcan Steel Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Gross Profit Get a 7-Day Free Trial Premium Member Only 185.70 161.98 157.65 139.86 156.99

ASX:VSL vs NUE, STLD, RS: Gross Profit Comparison

For the Steel subindustry, Vulcan Steel's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Vulcan Steel Gross Profit vs Steel Industry

For the Steel industry and Basic Materials sector, Vulcan Steel's Gross Profit distribution charts can be found below:

* The bar in red indicates where Vulcan Steel's Gross Profit falls into.


ASX:VSL
54GF Score
Vulcan Steel Ltd ASX:VSL
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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Vulcan Steel Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Vulcan Steel's Gross Profit for the fiscal year that ended in Jun. 2025 is calculated as

Gross Profit (A: Jun. 2025 )=Revenue - Cost of Goods Sold
=878.916 - 578.021
=300.9

Vulcan Steel's Gross Profit for the quarter that ended in Dec. 2025 is calculated as

Gross Profit (Q: Dec. 2025 )=Revenue - Cost of Goods Sold
=466.283 - 309.294
=157.0

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$296.8 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Vulcan Steel's Gross Margin % for the quarter that ended in Dec. 2025 is calculated as

Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=(Revenue - Cost of Goods Sold) / Revenue
=157.0 / 466.283
=33.67 %

* 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.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of A$296.8 Mil mean?
Vulcan Steel (ASX:VSL) has a Gross Profit of A$296.8 Mil as of Dec. 2025. Gross Profit equals net sales less total cost of goods sold. View historical data on Vulcan Steel and its competitors.
Is Vulcan Steel's Gross Profit too high?
Vulcan Steel's current Gross Profit is A$296.8 Mil. Overall, Vulcan Steel has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vulcan Steel's Gross Profit compare to NUE and STLD?
Vulcan Steel's Gross Profit of A$296.8 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Steel company?
A good Gross Profit depends on the Steel industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Vulcan Steel and its competitors. Vulcan Steel's current Gross Profit is A$296.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vulcan Steel stock overvalued right now?
Based on GuruFocus' analysis, Vulcan Steel (ASX:VSL) is currently considered Modestly Undervalued. The stock's GF Value™ is A$6.27, compared to a current price of A$5.27 — trading 15.9% below its estimated fair value. The current Gross Profit is A$296.8 Mil. Vulcan Steel's overall GF Score™ is 54/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Vulcan Steel (ASX:VSL), the current Gross Profit is A$296.8 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Vulcan Steel (ASX:VSL) Overvalued in 2026?

Based on GuruFocus' analysis, Vulcan Steel stock appears to be undervalued. The current stock price of A$5.27 is trading 15.9% below its estimated GF Value™ of A$6.27. GuruFocus considers Vulcan Steel to be Modestly Undervalued.

Key valuation signals for ASX:VSL:

  • Gross Profit: A$296.8 Mil
  • GF Value™: A$6.27 vs. price of A$5.27 (15.9% below fair value)
  • GF Score™: 54/100 with 5 warning signs

No single metric tells the full story. See the ASX:VSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vulcan Steel Business Description

Other Exchanges VSL:New Zealand
Address 29 Neales Road, East Tamaki, Auckland, NTL, NZL, 2013
Vulcan Steel Ltd is a metals distributor and processor. Its products include Steel, Stainless Steel, Engineering steel, Plate processing, and Coil processing. The company has two operating segments namely, the Steel business across New Zealand and Australia which includes Steel distribution, Plate processing, and Coil processing; and Metals business across New Zealand, which includes Stainless Steel, Engineering Steel, and Aluminium.
54GF Score

Get the complete analysis for ASX:VSL

Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$5.27
Price
A$6.27
GF Value