Schnitzer Gross Profit from 2010 to 2024

RDUS Stock  USD 19.71  0.27  1.39%   
Schnitzer Steel Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit will likely drop to about 207.2 M in 2024. Gross Profit is the profit Schnitzer Steel Industries makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1992-11-30
Previous Quarter
45.5 M
Current Value
52 M
Quarterly Volatility
36.9 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Schnitzer Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Schnitzer Steel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 108.4 M, Interest Expense of 22.4 M or Total Revenue of 3.5 B, as well as many indicators such as Price To Sales Ratio of 5.47, Dividend Yield of 0.0214 or Days Sales Outstanding of 46.12. Schnitzer financial statements analysis is a perfect complement when working with Schnitzer Steel Valuation or Volatility modules.
  
Check out the analysis of Schnitzer Steel Correlation against competitors.

Latest Schnitzer Steel's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Schnitzer Steel Industries over the last few years. Gross profit is a required income statement account that reflects total revenue of Schnitzer Steel Industries minus its cost of goods sold. It is profit before Schnitzer Steel operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Schnitzer Steel's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Schnitzer Steel's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 473.07 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Schnitzer Gross Profit Regression Statistics

Arithmetic Mean223,337,142
Geometric Mean170,454,113
Coefficient Of Variation60.50
Mean Deviation99,650,525
Median207,193,481
Standard Deviation135,127,048
Sample Variance18259.3T
Range467.3M
R-Value0.53
Mean Square Error14238.7T
R-Squared0.28
Significance0.04
Slope15,870,787
Total Sum of Squares255630.5T

Schnitzer Gross Profit History

2024207.2 M
2023353.9 M
2022307.7 M
2021488.1 M
2020453.2 M
2019208.6 M
2018157.2 M

Other Fundumenentals of Schnitzer Steel Indu

Schnitzer Steel Gross Profit component correlations

0.930.670.870.940.730.940.940.630.620.730.390.290.76-0.7-0.520.620.36-0.050.030.49-0.230.40.680.530.5
0.930.460.840.790.560.760.850.420.420.70.190.470.53-0.59-0.480.460.2-0.010.010.53-0.050.380.510.330.21
0.670.460.450.690.40.80.640.460.630.40.330.00.66-0.56-0.090.650.44-0.160.110.25-0.48-0.040.640.610.53
0.870.840.450.830.770.790.70.540.50.880.430.270.59-0.43-0.820.5-0.010.3-0.270.630.120.250.50.320.4
0.940.790.690.830.830.960.910.840.730.710.420.040.87-0.76-0.520.750.48-0.080.090.46-0.350.510.850.70.66
0.730.560.40.770.830.790.70.780.670.730.690.020.88-0.52-0.650.520.220.11-0.030.19-0.180.490.640.560.62
0.940.760.80.790.960.790.90.760.760.710.510.10.89-0.72-0.490.740.48-0.070.050.41-0.40.380.790.690.67
0.940.850.640.70.910.70.90.720.640.530.370.130.8-0.81-0.30.610.55-0.230.220.32-0.380.580.740.660.58
0.630.420.460.540.840.780.760.720.750.450.39-0.280.85-0.8-0.350.730.6-0.120.180.29-0.420.690.880.820.74
0.620.420.630.50.730.670.760.640.750.450.7-0.10.81-0.67-0.310.570.380.17-0.170.39-0.370.490.770.840.56
0.730.70.40.880.710.730.710.530.450.450.40.390.55-0.32-0.80.58-0.030.3-0.260.510.040.150.430.260.2
0.390.190.330.430.420.690.510.370.390.70.40.030.64-0.23-0.460.07-0.140.47-0.450.110.040.130.240.390.5
0.290.470.00.270.040.020.10.13-0.28-0.10.390.03-0.01-0.07-0.18-0.09-0.330.21-0.280.230.36-0.16-0.09-0.22-0.47
0.760.530.660.590.870.880.890.80.850.810.550.64-0.01-0.74-0.340.650.54-0.170.180.12-0.50.50.80.750.74
-0.7-0.59-0.56-0.43-0.76-0.52-0.72-0.81-0.8-0.67-0.32-0.23-0.07-0.740.0-0.63-0.630.27-0.27-0.290.39-0.59-0.81-0.76-0.51
-0.52-0.48-0.09-0.82-0.52-0.65-0.49-0.3-0.35-0.31-0.8-0.46-0.18-0.340.0-0.30.32-0.580.54-0.6-0.35-0.11-0.21-0.09-0.24
0.620.460.650.50.750.520.740.610.730.570.580.07-0.090.65-0.63-0.30.57-0.240.220.42-0.450.330.770.710.44
0.360.20.44-0.010.480.220.480.550.60.38-0.03-0.14-0.330.54-0.630.320.57-0.780.72-0.14-0.90.590.680.590.52
-0.05-0.01-0.160.3-0.080.11-0.07-0.23-0.120.170.30.470.21-0.170.27-0.58-0.24-0.78-0.950.50.74-0.24-0.21-0.1-0.21
0.030.010.11-0.270.09-0.030.050.220.18-0.17-0.26-0.45-0.280.18-0.270.540.220.72-0.95-0.58-0.710.280.210.10.18
0.490.530.250.630.460.190.410.320.290.390.510.110.230.12-0.29-0.60.42-0.140.5-0.580.340.10.330.280.05
-0.23-0.05-0.480.12-0.35-0.18-0.4-0.38-0.42-0.370.040.040.36-0.50.39-0.35-0.45-0.90.74-0.710.34-0.38-0.54-0.46-0.47
0.40.38-0.040.250.510.490.380.580.690.490.150.13-0.160.5-0.59-0.110.330.59-0.240.280.1-0.380.630.570.33
0.680.510.640.50.850.640.790.740.880.770.430.24-0.090.8-0.81-0.210.770.68-0.210.210.33-0.540.630.880.55
0.530.330.610.320.70.560.690.660.820.840.260.39-0.220.75-0.76-0.090.710.59-0.10.10.28-0.460.570.880.49
0.50.210.530.40.660.620.670.580.740.560.20.5-0.470.74-0.51-0.240.440.52-0.210.180.05-0.470.330.550.49
Click cells to compare fundamentals

About Schnitzer Steel Financial Statements

Schnitzer Steel shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Schnitzer Steel investors may analyze each financial statement separately, they are all interrelated. The changes in Schnitzer Steel's assets and liabilities, for example, are also reflected in the revenues and expenses on on Schnitzer Steel's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Gross Profit353.9 M207.2 M
Gross Profit Margin 0.91  0.52 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Schnitzer Stock Analysis

When running Schnitzer Steel's price analysis, check to measure Schnitzer Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Schnitzer Steel is operating at the current time. Most of Schnitzer Steel's value examination focuses on studying past and present price action to predict the probability of Schnitzer Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Schnitzer Steel's price. Additionally, you may evaluate how the addition of Schnitzer Steel to your portfolios can decrease your overall portfolio volatility.