Constellation Energy Corp (CEG)
Gross profit margin
Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | ||
---|---|---|---|---|---|---|---|
Gross profit (ttm) | US$ in thousands | 6,141,000 | 6,309,000 | 4,832,000 | 4,202,000 | 4,388,000 | 3,865,000 |
Revenue (ttm) | US$ in thousands | 24,918,000 | 26,455,000 | 26,395,000 | 26,414,000 | 24,440,000 | 22,639,000 |
Gross profit margin | 24.64% | 23.85% | 18.31% | 15.91% | 17.95% | 17.07% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $6,141,000K ÷ $24,918,000K
= 24.64%
The gross profit margin of Constellation Energy Corporation has remained consistently at 100.00% for the last five quarters, indicating that the company is able to effectively manage its production costs and generate a high level of gross profit relative to its revenue. This consistency and high percentage suggest that the company has strong control over its cost of goods sold and is likely operating efficiently in terms of production and cost management.
Peer comparison
Dec 31, 2023
Company name
Symbol
Gross profit margin
Constellation Energy Corp
CEG
24.64%
American Electric Power Company Inc
AEP
95.99%
Black Hills Corporation
BKH
96.93%
CenterPoint Energy Inc
CNP
90.70%
Clearway Energy Inc Class C
CWEN
64.00%
Dominion Energy Inc
D
94.78%
DTE Energy Company
DTE
-10.71%
Edison International
EIX
99.71%
Entergy Corporation
ETR
74.25%
Eversource Energy
ES
52.58%
FirstEnergy Corporation
FE
86.59%