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METCB (Ramaco Resources) Gross Profit : $133.0 Mil (TTM As of Dec. 2024)


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What is Ramaco Resources Gross Profit?

Ramaco Resources's gross profit for the three months ended in Dec. 2024 was $34.8 Mil. Ramaco Resources's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $133.0 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Ramaco Resources's gross profit for the three months ended in Dec. 2024 was $34.8 Mil. Ramaco Resources's Revenue for the three months ended in Dec. 2024 was $170.9 Mil. Therefore, Ramaco Resources's Gross Margin % for the quarter that ended in Dec. 2024 was 20.37%.

Ramaco Resources had a gross margin of 20.37% for the quarter that ended in Dec. 2024 => Competition eroding margins

During the past 11 years, the highest Gross Margin % of Ramaco Resources was 41.14%. The lowest was 0.84%. And the median was 22.42%.


Ramaco Resources Gross Profit Historical Data

The historical data trend for Ramaco Resources'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.

* Premium members only.

Ramaco Resources Gross Profit Chart

Ramaco Resources Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.41 87.98 232.73 199.73 133.00

Ramaco Resources Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 63.32 32.96 32.55 32.68 34.81

Competitive Comparison of Ramaco Resources's Gross Profit

For the Coking Coal subindustry, Ramaco Resources'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.


Ramaco Resources's Gross Profit Distribution in the Steel Industry

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

* The bar in red indicates where Ramaco Resources's Gross Profit falls into.


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Ramaco Resources Gross Profit Calculation

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

Ramaco Resources's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=666.295 - 533.293
=133.0

Ramaco Resources's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=170.892 - 136.079
=34.8

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $133.0 Mil.

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

Ramaco Resources's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=34.8 / 170.892
=20.37 %

* 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.


Ramaco Resources  (NAS:METCB) 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

Ramaco Resources had a gross margin of 20.37% for the quarter that ended in Dec. 2024 => Competition eroding margins


Ramaco Resources Gross Profit Related Terms

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Ramaco Resources Business Description

Traded in Other Exchanges
Address
250 West Main Street, Suite 1900, Lexington, KY, USA, 40507
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.