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Mechel PAO (Mechel PAO) Gross Margin % : 0.00% (As of Jun. 2023)


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What is Mechel PAO Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Mechel PAO's Gross Profit for the three months ended in Jun. 2023 was $0 Mil. Mechel PAO's Revenue for the three months ended in Jun. 2023 was $0 Mil. Therefore, Mechel PAO's Gross Margin % for the quarter that ended in Jun. 2023 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.

Warning Sign:

Mechel PAO gross margin has been in long-term decline. The average rate of decline per year is -3.5%.


The historical rank and industry rank for Mechel PAO's Gross Margin % or its related term are showing as below:

MTLp' s Gross Margin % Range Over the Past 10 Years
Min: 30.85   Med: 38.75   Max: 46.99
Current: 44.66


During the past 13 years, the highest Gross Margin % of Mechel PAO was 46.99%. The lowest was 30.85%. And the median was 38.75%.

MTLp's Gross Margin % is ranked better than
95.05% of 586 companies
in the Steel industry
Industry Median: 13.005 vs MTLp: 44.66

Mechel PAO had a gross margin of N/A% for the quarter that ended in Jun. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Mechel PAO was -3.50% per year.


Mechel PAO Gross Margin % Historical Data

The historical data trend for Mechel PAO'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.

* Premium members only.

Mechel PAO Gross Margin % Chart

Mechel PAO Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.39 42.71 36.24 35.73 44.29

Mechel PAO Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Jun23
Gross Margin % 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 45.33 45.01 44.33 - -

Competitive Comparison of Mechel PAO's Gross Margin %

For the Steel subindustry, Mechel PAO'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.


Mechel PAO's Gross Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mechel PAO's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Mechel PAO's Gross Margin % falls into.



Mechel PAO Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Mechel PAO's Gross Margin for the fiscal year that ended in Dec. 2021 is calculated as

Gross Margin % (A: Dec. 2021 )=Gross Profit (A: Dec. 2021 ) / Revenue (A: Dec. 2021 )
=2408.6 / 5438.209
=(Revenue - Cost of Goods Sold) / Revenue
=(5438.209 - 3029.593) / 5438.209
=44.29 %

Mechel PAO's Gross Margin for the quarter that ended in Jun. 2023 is calculated as


Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

* 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.


Mechel PAO  (NYSE:MTLp) Gross Margin % 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

Mechel PAO had a gross margin of N/A% for the quarter that ended in Jun. 2023 => No sustainable competitive advantage


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.


Mechel PAO Gross Margin % Related Terms

Thank you for viewing the detailed overview of Mechel PAO's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Mechel PAO (Mechel PAO) Business Description

Traded in Other Exchanges
Address
Krasnoarmeyskaya Street 1, Moscow, RUS, 125167
Mechel PAO is a vertically integrated group operating into three industrial segments Mining, Steel and Power. The mining segment produces metallurgical coal (coking coal, PCI and anthracite), steam coal, iron ore and iron ore concentrate, coke and chemical products. The segment consists of its coal, iron ore and coke production facilities in Russia. The steel segment produces and sells semi-finished steel products, long products of a wide range of steel grades, carbon and stainless flat steel products and high value-added metal products, including wire products, stampings and forgings, structural shapes, beams and rails. The power segment sells electricity and capacity to the wholesale market. The majority of the revenue is derived from the Steel segment.

Mechel PAO (Mechel PAO) Headlines

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