Ferroglobe (GSM) Gross Profit (2016 - 2023)
Ferroglobe (GSM) recorded Gross Profit of -$449.89 million in the quarter ended Dec 31, 2023, compared with $428.08 million a year earlier.
Ferroglobe (GSM) Gross Profit (2016 - 2023) Analysis & Trends
For the year ended Dec 31, 2023, Ferroglobe reported Gross Profit of $770.75 million, down 41.3% from the prior year.
- Annual Gross Profit has a five-year compound annual growth rate of -0.6% (years ended Dec 2018 to Dec 2023).
- Across earlier years, Gross Profit came in at $1.31 billion in the year ended Dec 31, 2022 (+121.0%), $594.01 million in the year ended Dec 31, 2021 (-42.7%) and $1.04 billion in the year ended Dec 31, 2020.
- The figure for the quarter ended Dec 31, 2023 is the lowest quarterly Gross Profit since the quarter ended Dec 31, 2018.
- On a year-over-year basis, Gross Profit rose in 1 of the last five quarters, with an average decline of 4.9%.
- Peak year-over-year performance for Gross Profit in the last five years was growth of 395.3% in the quarter ended Mar 31, 2021, against a decline of 50.0% in the quarter ended Jun 30, 2019 at the low end.
- Per Business Quant, the preceding three quarters came in at $397.81 million (quarter ended Sep 30, 2023), $439.99 million (quarter ended Jun 30, 2023) and $382.88 million (quarter ended Mar 31, 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - |
| 10 | Ferroglobe | 741.84 Mn | 284.79 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | -449.89 Mn |
| Sep 30, 2023 | 397.81 Mn |
| Jun 30, 2023 | 439.99 Mn |
| Mar 31, 2023 | 382.88 Mn |
| Dec 31, 2022 | 428.08 Mn |
| Sep 30, 2022 | 573.50 Mn |
| Jun 30, 2022 | 820.62 Mn |
| Mar 31, 2022 | 694.16 Mn |
| Dec 31, 2021 | 472.44 Mn |
| Sep 30, 2021 | 405.24 Mn |
| Jun 30, 2021 | 395.02 Mn |
| Mar 31, 2021 | 336.11 Mn |
| Dec 31, 2020 | 212.35 Mn |
| Sep 30, 2020 | 96.44 Mn |
| Mar 31, 2020 | 67.86 Mn |
| Dec 31, 2019 | 253.58 Mn |
| Sep 30, 2019 | 104.05 Mn |
| Jun 30, 2019 | 117.05 Mn |
| Mar 31, 2019 | 118.02 Mn |
| Dec 31, 2018 | -855.63 Mn |
Ferroglobe Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=GSM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "GSM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=GSM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();