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Universal Stainless & Alloy Products USAP

Quarterly report 2024-Q3
added 10-30-2024

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Universal Stainless & Alloy Products Gross Profit 2011-2026 | USAP

Gross profit is a key indicator of how efficiently a company produces or sells its products. This metric helps assess a business’s ability to generate revenue at the initial stage, before accounting for all other expenses. Regular analysis of gross profit allows companies to respond in a timely manner to changes in cost of goods, pricing strategy, and market conditions.

Calculation formula:
Gross Profit = Revenue – Cost of Goods Sold (COGS)

Revenue — all cash inflows from the sale of goods or services.
Cost of Goods Sold — direct costs related to the production or acquisition of goods:
  • Raw materials and supplies
  • Wages of production personnel
  • Depreciation of equipment
  • Transportation and warehousing costs (if directly related to production)
Importance for business:
  • Assessing core business profitability
    If gross profit is declining, it may indicate rising production costs or falling sales.
  • Financial planning
    Gross profit is the basis for calculating other key metrics, such as operating and net profit.
  • Benchmarking against competitors
    Gross profit analysis helps compare the efficiency of different companies within the same industry.
  • Insights into pricing effectiveness
    If gross profit is low, the company may be pricing too low or failing to control costs effectively.
Reasons for a decline in gross profit:
  • Increase in raw material and supply costs
  • Rising production expenses
  • Price reductions due to competition
  • Decrease in sales volume
  • Currency exchange rate fluctuations (for imports/exports)

Gross profit is an important metric, but it does not provide a complete picture of a company’s financial health, as it does not account for administrative and selling expenses, taxes, debt burden, or depreciation.

Annual Gross Profit Universal Stainless & Alloy Products

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
41.5 M 14.2 M 7.97 M -2.66 M 27.6 M 37.8 M 23 M 13.5 M 9.6 M 32 M 13.9 M 41.1 M 47.4 M

All numbers in USD currency

Indicator range from annual reports

Maximum Minimum Average
47.4 M -2.66 M 23.6 M

Quarterly Gross Profit Universal Stainless & Alloy Products

2024-Q3 2024-Q2 2024-Q1 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1
22 M 21 M 14.7 M 10.9 M 9.85 M 7.72 M - 2.98 M 4.74 M 4.05 M - 2.31 M 2.16 M -248 K - -4.43 M 1.94 M 4.91 M 5.85 M 5.31 M 9.11 M 7.37 M 6.42 M 10.4 M 11.7 M 9.27 M 6.16 M 5.46 M 7.17 M 4.24 M 3.1 M 4.73 M 4.34 M 1.34 M -891 K -410 K 5.19 M 5.71 M 8.91 M 8.64 M 8.41 M 6.06 M 1.49 M 2.44 M 5.31 M 4.65 M 5.97 M 9.34 M 11.6 M 14.3 M 11.9 M 12.6 M 12.2 M 10.8 M

All numbers in USD currency

Indicator range from quarterly reporting

Maximum Minimum Average
22 M -4.43 M 6.87 M

Gross Profit of other stocks in the Steel industry

Issuer Gross Profit Price % 24h Market Cap Country
ZK International Group Co., Ltd. ZK International Group Co., Ltd.
ZKIN
4.04 M $ 1.4 6.05 % $ 7.95 M chinaChina
Mechel PAO Mechel PAO
MTL
178 B - - - russiaRussia
Commercial Metals Company Commercial Metals Company
CMC
803 M $ 64.99 -4.76 % $ 7.34 B usaUSA
Ossen Innovation Co., Ltd. Ossen Innovation Co., Ltd.
OSN
23.7 M - - $ 33.3 M chinaChina
Friedman Industries, Incorporated Friedman Industries, Incorporated
FRD
2.61 M $ 18.21 -2.41 % $ 129 M usaUSA
Gerdau S.A. Gerdau S.A.
GGB
20.8 B $ 3.56 -2.47 % $ 6.82 B brasilBrasil
ArcelorMittal ArcelorMittal
MT
5.79 B $ 55.38 -3.58 % $ 28.5 B luxembourgLuxembourg
Cleveland-Cliffs Cleveland-Cliffs
CLF
576 M $ 9.78 -8.38 % $ 4.97 B usaUSA
Nucor Corporation Nucor Corporation
NUE
2.1 B $ 168.11 -2.3 % $ 38.8 B usaUSA
Reliance Steel & Aluminum Co. Reliance Steel & Aluminum Co.
RS
3.11 B $ 302.5 -2.37 % $ 15.9 B usaUSA
Grupo Simec, S.A.B. de C.V. Grupo Simec, S.A.B. de C.V.
SIM
7.62 B $ 30.8 - $ 16.4 M mexicoMexico
POSCO POSCO
PKX
5.49 T $ 59.13 -0.52 % $ 7.8 B south-koreaSouth-korea
Companhia Siderúrgica Nacional Companhia Siderúrgica Nacional
SID
11.7 B $ 1.4 -4.78 % $ 3.34 T brasilBrasil
Ternium S.A. Ternium S.A.
TX
2.89 B $ 39.05 -2.59 % $ 76.9 B luxembourgLuxembourg
Schnitzer Steel Industries Schnitzer Steel Industries
SCHN
274 M - -0.57 % $ 932 M usaUSA
Steel Dynamics Steel Dynamics
STLD
2.8 B $ 181.26 -4.59 % $ 28.2 B usaUSA
Synalloy Corporation Synalloy Corporation
SYNL
17.2 M - 1.1 % $ 142 M usaUSA
TimkenSteel Corporation TimkenSteel Corporation
TMST
95.1 M - 1.14 % $ 935 M usaUSA
Worthington Industries Worthington Industries
WOR
319 M $ 50.82 -2.49 % $ 2.51 B usaUSA
United States Steel Corporation United States Steel Corporation
X
855 M - - $ 12.4 B usaUSA
Olympic Steel Olympic Steel
ZEUS
299 M - - $ 559 M usaUSA