Constellation Energy Corp (CEG)
Operating profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | ||
|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,610,000 | 1,505,000 | 487,000 | 90,000 | 494,000 | 664,000 |
| Revenue (ttm) | US$ in thousands | 24,918,000 | 26,455,000 | 26,395,000 | 26,414,000 | 24,440,000 | 22,639,000 |
| Operating profit margin | 6.46% | 5.69% | 1.85% | 0.34% | 2.02% | 2.93% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,610,000K ÷ $24,918,000K
= 6.46%
Constellation Energy Corporation's operating profit margin has shown fluctuations over the past five quarters. In Q1 2023, the operating profit margin was at its lowest at 0.30%, indicating a lower efficiency in generating profits from its core operations. However, there was a significant improvement in Q2 2023, where the operating profit margin increased to 1.80%, showing a positive trend.
The trend continued to improve in Q3 2023, with the operating profit margin reaching 5.64%, indicating a substantial increase in profitability. Finally, in Q4 2023, the operating profit margin further improved to 6.35%, reflecting the company's ability to generate more profits from its operations.
Overall, the increasing trend in operating profit margin from Q1 2023 to Q4 2023 indicates that Constellation Energy Corporation has been successful in managing its operating expenses and improving operational efficiency to enhance profitability. This positive trend is a promising sign for the company's financial health and performance in the future.
Peer comparison
Dec 31, 2023