SunCoke Energy (SunCoke Energy) Gross Margin % : 14.83% (As of Dec. 2023)

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What is SunCoke Energy Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. SunCoke Energy's Gross Profit for the three months ended in Dec. 2023 was $77 Mil. SunCoke Energy's Revenue for the three months ended in Dec. 2023 was $521 Mil. Therefore, SunCoke Energy's Gross Margin % for the quarter that ended in Dec. 2023 was 14.83%.

Warning Sign:

SunCoke Energy Inc gross margin has been in long-term decline. The average rate of decline per year is -4.8%.

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

SXC' s Gross Margin % Range Over the Past 10 Years
Min: 16.41 Med: 20.77 Max: 25.95
Current: 16.41

During the past 13 years, the highest Gross Margin % of SunCoke Energy was 25.95%. The lowest was 16.41%. And the median was 20.77%.

SXC's Gross Margin % is ranked better than
62.46% of 586 companies
in the Steel industry
Industry Median: 13.005 vs SXC: 16.41

SunCoke Energy had a gross margin of 14.83% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for SunCoke Energy was -4.80% per year.

SunCoke Energy Gross Margin % Historical Data

The historical data trend for SunCoke Energy'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.

SunCoke Energy Gross Margin % Chart

SunCoke Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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20.16

21.37

23.16

18.64

16.41

SunCoke Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															14.07	17.59	17.08	16.20	14.83

Competitive Comparison of SunCoke Energy's Gross Margin %

For the Coking Coal subindustry, SunCoke Energy'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.

SunCoke Energy's Gross Margin % Distribution in the Steel Industry

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

* The bar in red indicates where SunCoke Energy's Gross Margin % falls into.

SunCoke Energy Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

SunCoke Energy's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )	=	Gross Profit (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	338.6	/	2063.2
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(2063.2 - 1724.6)	/	2063.2
	=	16.41 %

SunCoke Energy's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	77.2	/	520.6
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(520.6 - 443.4)	/	520.6
	=	14.83 %

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.

SunCoke Energy (NYSE:SXC) 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

SunCoke Energy had a gross margin of 14.83% for the quarter that ended in Dec. 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.

SunCoke Energy Gross Margin % Related Terms

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SunCoke Energy (SunCoke Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » SunCoke Energy Inc (NYSE:SXC) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

S01:Germany

Address

1011 Warrenville Road, Suite 600, Lisle, IL, USA, 60532

Website

https://www.suncoke.com

SunCoke Energy Inc operates as an independent producer of coke in the Americas. The company operates through three segments: Domestic Coke, Brazil Coke, and Logistics. It offers metallurgical and thermal coal. The company also provides handling and/or mixing services to steel, coke, electric utility, coal producing, and other manufacturing-based customers.

Executives

Phillip Michael Hardesty	officer: Senior Vice President	SUNCOKE ENERGY, INC., 1011 WARRENVILLE ROAD, STE 600, LISLE IL 60532
Andrei Alexander Mikhalevsky	director	1011 WARRENVILLE ROAD, STE 600, LISLE IL 60532
Michael Ward Lewis	director	2551 GLEN EAGLES DRIVE, OLYMPIA FIELDS IL 60461
Della Ratta Ralph M Jr	director	1690 CHAGRIN RIVER ROAD, GATES MILLS OH 44040
Arthur F Anton	director	29500 SOLON ROAD, SOLON OH 44139
Martha Z. Carnes	director	6316 WINDFERN ROAD, HOUSTON TX 77040
Mark W. Marinko	officer: SR VP, Chief Financial Officer	C/O GREAT LAKES DREDGE & DOCK CORP., 2122 YORK ROAD, SUITE 200, OAK BROOK IL 60523
Katherine T Gates	officer: Sr VP & General Counsel	1011 WARRENVILLE ROAD, SUITE 600, LISLE IL 60532
Bonnie M Edeus	officer: Vice President & Controller	1011 WARRENVILLE ROAD, STE 600, LISLE IL 60532
James E Sweetnam	director	DANA HOLDING CORPORATION, 3939 TECHNOLOGY DRIVE, MAUMEE OH 43537
John W Rowe	director
John F Quanci	officer: Vice President, Technology and	1011 WARRENVILLE ROAD STE 600, LISLE IL 60532
Michael G Rippey	director, officer: President and CEO	C/O OLYMPIC STEEL, INC., 22901 MILLCREEK BLVD., HIGHLAND HILLS OH 44122
Susan R. Landahl	director	24545 S. MOORMAN AVENUE, CHANNAHON IL 60410
Mangrove Partners Fund (cayman), Ltd.	10 percent owner	MAPLES CORP. SVCS, PO BOX 309, UGLAND HOUSE, S. CHURCH STREET, GEORGE TOWN E9 KY1-1104