Ameren Corp (AEE)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 7,623,000 | 3,467,000 | 3,343,000 | 2,991,000 | 2,858,000 |
| Revenue | US$ in thousands | 7,623,000 | 7,500,000 | 7,957,000 | 6,394,000 | 5,794,000 |
| Gross profit margin | 100.00% | 46.23% | 42.01% | 46.78% | 49.33% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $7,623,000K ÷ $7,623,000K
= 100.00%
The gross profit margin for Ameren Corp has exhibited fluctuations over the past five years. In December 31, 2020, the gross profit margin stood at 49.33%, indicating that the company retained 49.33% of its revenue after accounting for the cost of goods sold. This margin decreased to 46.78% by December 31, 2021, suggesting a slight decline in profitability.
However, in December 31, 2022, the gross profit margin experienced a more significant reduction to 42.01%, reflecting potential challenges in managing production costs or pricing strategies. The margin improved in the following year, reaching 46.23% by December 31, 2023, indicating a partial recovery in profitability.
Notably, by December 31, 2024, the gross profit margin surged to 100.00%, a remarkable increase that may raise questions about the accuracy of the data or potential unique circumstances impacting the company's financials. Overall, a declining trend in gross profit margin from 2020 to 2023 followed by a sharp increase in 2024 suggests varying levels of operational efficiency and profitability for Ameren Corp during the analyzed period.
Peer comparison
Dec 31, 2024