American Electric Power Co Inc (AEP)

Gross profit margin

Dec 31, 2024 Sep 30, 2024 Mar 31, 2024 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
Gross profit (ttm) US$ in thousands 14,966,600 19,510,100 18,518,000 18,221,500 18,391,600 18,552,200 18,733,400 18,612,100 17,869,800 16,998,000 16,251,600 15,958,800 15,506,800 14,973,400 14,677,600 14,154,500 14,096,600 14,346,200 14,441,200 14,777,800
Revenue (ttm) US$ in thousands 19,719,300 20,364,700 19,317,100 18,982,300 19,286,200 19,470,600 19,737,800 19,639,500 18,819,800 17,916,700 17,103,500 16,792,000 16,341,200 15,784,600 15,452,100 14,918,500 14,923,900 15,172,500 15,252,100 15,561,400
Gross profit margin 75.90% 95.80% 95.86% 95.99% 95.36% 95.28% 94.91% 94.77% 94.95% 94.87% 95.02% 95.04% 94.89% 94.86% 94.99% 94.88% 94.46% 94.55% 94.68% 94.96%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $14,966,600K ÷ $19,719,300K
= 75.90%

American Electric Power Co Inc has shown consistently high gross profit margins over the period from December 31, 2019, to December 31, 2024. The company's gross profit margin has ranged from 94.46% to 95.99% during this time frame, indicating strong profitability in its operations.

There was a slight dip in the gross profit margin in December 31, 2024, to 75.90%, which may warrant further investigation to understand the underlying reasons for this decline. Overall, the trend suggests that American Electric Power Co Inc has been effectively managing its costs and generating strong margins on its sales during the period under review.

It would be beneficial for stakeholders to closely monitor the company's future financial statements to ensure that any fluctuations in the gross profit margin are properly addressed and managed to sustain profitability in the long term.