Chesapeake Utilities Corporation (CPK)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 228,200 | 150,803 | 142,933 | 131,112 | 112,723 |
| Revenue | US$ in thousands | 787,200 | 670,604 | 680,704 | 569,968 | 488,198 |
| Operating profit margin | 28.99% | 22.49% | 21.00% | 23.00% | 23.09% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $228,200K ÷ $787,200K
= 28.99%
The operating profit margin of Chesapeake Utilities Corporation has exhibited some fluctuations over the past five years, ranging from a low of 21.00% on December 31, 2022, to a high of 28.99% on December 31, 2024. Despite these variations, the company has generally maintained a healthy level of operating profitability. As of December 31, 2020, the operating profit margin stood at 23.09%, which decreased slightly to 23.00% by December 31, 2021. However, there was a notable improvement in performance by December 31, 2024, with the operating profit margin reaching 28.99%. Overall, the trend suggests that Chesapeake Utilities Corporation has effectively managed its operating expenses and generated solid operating profits over the analyzed period.
Peer comparison
Dec 31, 2024