Vulcan Steel (ASX:VSL) Net Margin % : 4.63% (As of Dec. 2023)

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What is Vulcan Steel Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Vulcan Steel's Net Income for the six months ended in Dec. 2023 was A$24 Mil. Vulcan Steel's Revenue for the six months ended in Dec. 2023 was A$524 Mil. Therefore, Vulcan Steel's net margin for the quarter that ended in Dec. 2023 was 4.63%.

The historical rank and industry rank for Vulcan Steel's Net Margin % or its related term are showing as below:

ASX:VSL' s Net Margin % Range Over the Past 10 Years
Min: 5.09 Med: 9.91 Max: 12.75
Current: 5.09

ASX:VSL's Net Margin % is ranked better than
66.67% of 600 companies
in the Steel industry
Industry Median: 2.635 vs ASX:VSL: 5.09

Vulcan Steel Net Margin % Historical Data

The historical data trend for Vulcan Steel's Net 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.

Vulcan Steel Net Margin % Chart

Vulcan Steel Annual Data

Trend

Jun21

Jun22

Jun23

Net Margin %

12.75

7.06

Vulcan Steel Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %	11.65	13.74	8.52	5.53	4.63

Competitive Comparison of Vulcan Steel's Net Margin %

For the Steel subindustry, Vulcan Steel's Net Margin %, along with its competitors' market caps and Net 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.

Vulcan Steel's Net Margin % Distribution in the Steel Industry

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

* The bar in red indicates where Vulcan Steel's Net Margin % falls into.

Vulcan Steel Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Vulcan Steel's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin	=	Net Income (A: Jun. 2023 )	/	Revenue (A: Jun. 2023 )
	=	80.349	/	1137.918
	=	7.06 %

Vulcan Steel's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	24.275	/	524.369
	=	4.63 %

Vulcan Steel (ASX:VSL) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Vulcan Steel Net Margin % Related Terms

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Vulcan Steel (ASX:VSL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Vulcan Steel Ltd (ASX:VSL) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

VSL:New Zealand

Address

29 Neales Road, East Tamaki, Auckland, NTL, NZL, 2013

Website

https://www.vulcan.co

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, Steel business across New Zealand and Australia which includes Steel distribution, Plate processing, and Coil processing; and Metals business across New , which includes Stainless Steel, Engineering Steel and Aluminium.