Black Hills Corporation (BKH)

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 503,000 476,230 498,230 491,130 472,730 466,223 447,902 456,791 455,244 439,196 449,590 444,467 409,429 421,405 413,766 413,433 428,303 423,711 412,028 399,096
Revenue (ttm) US$ in thousands 2,127,700 2,122,332 2,127,832 2,136,532 2,331,332 2,531,039 2,586,551 2,649,446 2,551,816 2,322,885 2,240,863 2,139,240 1,949,102 1,872,981 1,838,981 1,793,323 1,696,941 1,688,208 1,667,166 1,674,140
Operating profit margin 23.64% 22.44% 23.41% 22.99% 20.28% 18.42% 17.32% 17.24% 17.84% 18.91% 20.06% 20.78% 21.01% 22.50% 22.50% 23.05% 25.24% 25.10% 24.71% 23.84%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $503,000K ÷ $2,127,700K
= 23.64%

The operating profit margin of Black Hills Corporation has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The trend indicates a generally declining pattern from a high of 25.24% in December 31, 2020, to a low of 17.24% in March 31, 2023.

During the most recent period, the operating profit margin has exhibited some recovery, increasing to 23.64% in December 31, 2024. This improvement may suggest that the company is managing its operating expenses more efficiently or increasing revenues relative to costs.

It is worth noting that the operating profit margin is a key ratio that reflects the efficiency of a company in controlling its operating costs and generating profits from its core business activities. The fluctuations observed in Black Hills Corporation's operating profit margin highlight the changing dynamics of its operations and financial performance over the analyzed period. Further analysis of the company's financial statements and business operations may provide insights into the factors contributing to these fluctuations and help in evaluating the overall financial health and sustainability of the company.