The AES Corporation (AES)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -87,000 | 379,000 | 762,000 | 805,000 | 764,000 | 1,537,000 | 1,436,000 | 1,237,000 | 915,000 | 1,262,000 | 428,000 | 1,102,000 | 1,422,000 | 1,076,000 | 1,881,000 | 1,722,000 | 1,808,000 | 1,894,000 | 1,768,000 | 1,915,000 |
| Revenue (ttm) | US$ in thousands | 12,668,000 | 12,760,000 | 12,953,000 | 13,004,000 | 12,617,000 | 12,327,000 | 11,736,000 | 11,358,000 | 11,141,000 | 10,931,000 | 10,440,000 | 9,957,000 | 9,660,000 | 9,531,000 | 9,611,000 | 9,877,000 | 10,189,000 | 10,380,000 | 10,592,000 | 10,646,000 |
| Operating profit margin | -0.69% | 2.97% | 5.88% | 6.19% | 6.06% | 12.47% | 12.24% | 10.89% | 8.21% | 11.55% | 4.10% | 11.07% | 14.72% | 11.29% | 19.57% | 17.43% | 17.74% | 18.25% | 16.69% | 17.99% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-87,000K ÷ $12,668,000K
= -0.69%
The operating profit margin of AES Corp. has shown some fluctuations over the past eight quarters. In Q1 2022, the operating profit margin was the highest at 21.17%, which then decreased in the following quarters before increasing slightly in Q4 2022. However, from Q1 2023 to Q4 2023, the operating profit margin has been relatively stable, ranging from 17.75% to 18.47%.
Overall, AES Corp. has maintained a healthy operating profit margin above 17%, indicating that the company is effectively controlling its operating expenses and generating profits from its core operations. It is essential for the company to continue monitoring and managing its operating costs to sustain and potentially improve its operating profit margin in the future.