Polymet Mining's EBIT is $-19M, below the Materials sector average of $15B.
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+ FollowAs of Jun 30, 2023
Trailing 12 months ending Jun 30, 2023
Polymet Mining (PLM) currently reports a EBIT of $-19M as of June 2023. That compares with $-8M in the prior-year period — down 142.4% year over year. That is below the Materials sector average of $15B. Use the charts on this page to explore Polymet Mining's EBIT history and peer comparisons.
Polymet Mining's EBIT decreased from $-8M to $-19M — a 142.4% year-over-year decrease (period ending June 2023). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.
Polymet Mining's EBIT of $-19M is lower than the Materials sector average of $15B. That is roughly 100.1% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
Polymet Mining reported $-19M in EBIT as of June 2023. That compares with $-8M in the prior-year period — down 142.4% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.
Start with the current EBIT of $-19M, then check the historical chart for trend and the peer comparison chart for relative positioning. The Materials average is $15B. From there, open related valuation or income-statement pages for Polymet Mining, and consider following PLM for alerts when major investors trade the stock.