Ameren Corp (AEE)
Gross profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 5,213,000 | 5,795,000 | 6,047,000 | 6,004,000 | 5,795,000 | 5,379,000 | 4,893,000 | 4,651,000 | 4,385,000 | 4,182,000 | 3,918,000 | 3,755,000 | 3,532,000 | 4,892,000 | 4,602,000 | 4,327,000 | 4,136,000 | 4,239,000 | 4,266,000 | 4,361,000 |
| Revenue (ttm) | US$ in thousands | 7,500,000 | 7,928,000 | 8,174,000 | 8,140,000 | 7,957,000 | 7,456,000 | 6,961,000 | 6,707,000 | 6,394,000 | 6,177,000 | 5,994,000 | 5,920,000 | 5,794,000 | 5,801,000 | 5,813,000 | 5,794,000 | 5,910,000 | 5,994,000 | 6,078,000 | 6,262,000 |
| Gross profit margin | 69.51% | 73.10% | 73.98% | 73.76% | 72.83% | 72.14% | 70.29% | 69.35% | 68.58% | 67.70% | 65.37% | 63.43% | 60.96% | 84.33% | 79.17% | 74.68% | 69.98% | 70.72% | 70.19% | 69.64% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $5,213,000K ÷ $7,500,000K
= 69.51%
Ameren Corp.'s gross profit margin has exhibited fluctuations over the eight quarters presented. The gross profit margin ranged from a high of 72.36% in Q1 2022 to a low of 64.67% in Q2 2023. Despite the variations, the company generally maintained a relatively high gross profit margin, with an average of approximately 68.09% over the period.
The overall trend indicates a slight decline in gross profit margin from the first quarter of 2022 to the second quarter of 2023, followed by a moderate increase in the latest quarter, Q4 2023. This fluctuation may reflect changes in the company's cost of goods sold and its pricing strategies. Further analysis of the underlying factors influencing these changes would provide deeper insights into Ameren Corp.'s operational efficiency and profitability.
Peer comparison
Dec 31, 2023