Ameren Corp (AEE)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,558,000 | 1,515,000 | 1,333,000 | 1,300,000 | 1,267,000 |
| Revenue | US$ in thousands | 7,500,000 | 7,957,000 | 6,394,000 | 5,794,000 | 5,910,000 |
| Operating profit margin | 20.77% | 19.04% | 20.85% | 22.44% | 21.44% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,558,000K ÷ $7,500,000K
= 20.77%
The operating profit margin of Ameren Corp. has been fluctuating over the past five years. In 2023, the operating profit margin was 20.77%, showing a slight increase from the previous year's margin of 19.04%. Despite this improvement, the margin in 2023 is still lower compared to the margins in 2020 and 2019, which were 22.44% and 21.44%, respectively. The company's operating profit margin in 2021 was also slightly higher at 20.85% compared to 2023. This trend suggests that Ameren Corp. may be facing challenges in maintaining consistent profitability in its operations. Further analysis of the company's financial performance and operating efficiency may be necessary to understand the factors driving these fluctuations.
Peer comparison
Dec 31, 2023