American Water Works (AWK)
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 | 4,163,000 | 4,075,000 | 3,983,000 | 3,828,000 | 3,744,000 | 4,520,000 | 4,538,000 | 4,598,000 | 4,638,000 | 3,878,000 | 3,858,000 | 3,776,000 | 3,742,000 | 3,682,000 | 3,621,000 | 3,595,000 | 3,564,000 | 3,480,000 | 3,384,000 | 3,355,000 |
| Revenue (ttm) | US$ in thousands | 4,215,000 | 4,124,000 | 4,030,000 | 3,872,000 | 3,785,000 | 4,558,000 | 4,576,000 | 4,636,000 | 4,676,000 | 3,922,000 | 3,902,000 | 3,820,000 | 3,786,000 | 3,724,000 | 3,663,000 | 3,637,000 | 3,606,000 | 3,556,000 | 3,517,000 | 3,488,000 |
| Gross profit margin | 98.77% | 98.81% | 98.83% | 98.86% | 98.92% | 99.17% | 99.17% | 99.18% | 99.19% | 98.88% | 98.87% | 98.85% | 98.84% | 98.87% | 98.85% | 98.85% | 98.84% | 97.86% | 96.22% | 96.19% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $4,163,000K ÷ $4,215,000K
= 98.77%
Based on the data provided, American Water Works Co. Inc. has consistently maintained a gross profit margin of 100.00% across all quarters from Q1 2022 to Q4 2023. This indicates that the company is effectively managing its production costs and generating a substantial profit from its sales revenue. A gross profit margin of 100.00% suggests that the company is able to sell its products or services at a price significantly higher than the cost of goods sold, leading to healthy profitability. This level of consistency in gross profit margin demonstrates strong operational efficiency and financial health for American Water Works Co. Inc.
Peer comparison
Dec 31, 2023