American States Water Company (AWR)

Operating profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 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
Operating income (ttm)	US$ in thousands	184,483	180,669	177,352	184,549	196,740	189,475	178,064	153,436	126,636	129,039	131,483	135,013	140,977	140,237	137,260	135,129	130,499	125,946	128,863	132,577
Revenue (ttm)	US$ in thousands	595,459	577,541	567,455	569,527	595,699	595,886	579,174	544,381	491,528	482,785	484,556	490,363	498,853	506,429	503,362	496,226	488,243	477,036	477,844	481,213
Operating profit margin		30.98%	31.28%	31.25%	32.40%	33.03%	31.80%	30.74%	28.19%	25.76%	26.73%	27.13%	27.53%	28.26%	27.69%	27.27%	27.23%	26.73%	26.40%	26.97%	27.55%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $184,483K ÷ $595,459K
= 30.98%

American States Water Company's operating profit margin has shown a fluctuating trend over the reporting periods provided. It started at 27.55% in March 2020, dipped to 25.76% by December 2022, and then gradually increased to 31.80% by September 2023. However, by December 2024, the operating profit margin decreased to 30.98%.

The company's operating profit margin peaked at 33.03% in December 2023, indicating strong profitability during that period. Overall, the operating profit margin has shown some variability but has generally remained in the high 20% to low 30% range over the years analyzed.

It is important for stakeholders to closely monitor the operating profit margin to assess the company's ability to generate profits from its core operations and to evaluate its overall financial performance.