Methanex (Methanex) Gross-Profit-to-Asset % : 11.21% (As of Mar. 2024)

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What is Methanex Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Methanex's annualized Gross Profit for the quarter that ended in Mar. 2024 was $718 Mil. Methanex's average Total Assets over the quarter that ended in Mar. 2024 was $6,403 Mil. Therefore, Methanex's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 11.21%.

Methanex Gross-Profit-to-Asset % Historical Data

The historical data trend for Methanex's Gross-Profit-to-Asset % 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.

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Methanex Gross-Profit-to-Asset % Chart

Methanex Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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15.91

11.31

18.24

13.60

10.04

Methanex Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															11.92	13.21	5.82	9.34	11.21

Competitive Comparison of Methanex's Gross-Profit-to-Asset %

For the Chemicals subindustry, Methanex's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.

Methanex's Gross-Profit-to-Asset % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Methanex's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Methanex's Gross-Profit-to-Asset % falls into.

Methanex Gross-Profit-to-Asset % Calculation

Methanex's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	655.403	/	( (6631.48	+	6426.555)	/ 2 )
	=	655.403	/	6529.0175
	=	10.04 %

Methanex's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	717.56	/	( (6426.555	+	6379.485)	/ 2 )
	=	717.56	/	6403.02
	=	11.21 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Methanex Gross-Profit-to-Asset % Related Terms

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Methanex (Methanex) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Methanex Corp (NAS:MEOH) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

MEOH:Mexico MX5:Germany MX:Canada

Address

200 Burrard Street, 1800 Waterfront Centre, Vancouver, BC, CAN, V6C 3M1

Website

https://www.methanex.com

Methanex Corp manufactures and sells methanol. Methanex's customers use methanol as a feedstock to produce end-products including adhesives, foams, solvents, and windshield washer fluids. The firm also sells its products to the oil refining industry, where the methanol is blended with gasoline to produce a high-octane fuel or blended as a component of biodiesel. Methanex distributes its products through a global supply chain that includes the operation of port terminals, tankers, barges, rail cars, trucks, and pipelines. China generates the most revenue of any geographical segment.

Executives

M&g Investment Management Ltd

10 percent owner

10 FENCHURCH AVENUE, LONDON X0 EC3M 5AG