SSAB AB
STO:SSAB A
Gross Margin
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| SE |
|
SSAB AB
STO:SSAB A
|
80.1B SEK |
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|
| ZA |
K
|
Kumba Iron Ore Ltd
JSE:KIO
|
115.2B ZAR |
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|
|
| BR |
|
Vale SA
BOVESPA:VALE3
|
378.2B BRL |
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|
|
| LU |
|
ArcelorMittal SA
AEX:MT
|
42.2B EUR |
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|
|
| AU |
F
|
Fortescue Ltd
XMUN:FVJ
|
39.5B EUR |
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|
|
| AU |
|
Fortescue Metals Group Ltd
ASX:FMG
|
64.7B AUD |
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|
| US |
|
Nucor Corp
NYSE:NUE
|
39.9B USD |
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|
|
| IN |
|
JSW Steel Ltd
NSE:JSWSTEEL
|
3.1T INR |
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|
| IN |
|
Tata Steel Ltd
NSE:TATASTEEL
|
2.7T INR |
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|
|
| US |
|
Steel Dynamics Inc
NASDAQ:STLD
|
27.9B USD |
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|
| CN |
|
Baoshan Iron & Steel Co Ltd
SSE:600019
|
153.8B CNY |
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Market Distribution
| Min | -855 316.7% |
| 30th Percentile | 30.8% |
| Median | 44.8% |
| 70th Percentile | 66% |
| Max | 113 764.6% |
Other Profitability Ratios
SSAB AB
Glance View
SSAB AB, a Swedish steelmaker with a rich heritage, has carved a niche for itself in the global steel industry through its focus on high-strength and wear-resistant steels. Founded in 1978 following a merger of three Swedish steel companies, SSAB emerged as a player committed to innovation and quality. Headquartered in Stockholm, the company operates globally with production facilities in Sweden, Finland, and the United States. By prioritizing advanced steel solutions and sustainability, SSAB has positioned itself as a leader in the green transition within heavy industries, emphasizing reduced carbon footprint and increased recyclability of steel products. The company's business thrives on transforming raw materials into specialized steel products used in a myriad of applications, from automotive and construction to mining and energy sectors. Its value proposition lies not just in the volume of steel produced, but in the unique properties and performance of its products. SSAB's Hardox wear plate and Docol high-strength steel are renowned in various industries for their durability and versatility, enabling clients to build lighter, stronger, and more sustainable solutions. By continually investing in research and development, SSAB enhances its ability to cater to evolving market needs and maintain its competitive edge, thereby solidifying its revenue base and fostering long-term growth.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for SSAB AB is 12.9%, which is above its 3-year median of 9.9%.
Over the last 3 years, SSAB AB’s Gross Margin has increased from 1.3% to 12.9%. During this period, it reached a low of -7.6% on Sep 30, 2023 and a high of 18.9% on Dec 31, 2023.