Chesapeake Utilities Corporation (CPK)

Operating profit margin

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Operating income (ttm) US$ in thousands 150,804 146,441 144,861 142,984 142,934 136,806 138,271 134,380 131,112 129,494 126,787 122,186 112,723 107,158 104,109 104,297 106,285 105,517 104,039 98,112
Revenue (ttm) US$ in thousands 670,604 672,570 672,076 675,953 680,704 653,767 630,049 601,661 569,968 546,642 540,726 526,695 488,198 483,134 474,341 471,832 479,606 481,846 482,620 481,950
Operating profit margin 22.49% 21.77% 21.55% 21.15% 21.00% 20.93% 21.95% 22.33% 23.00% 23.69% 23.45% 23.20% 23.09% 22.18% 21.95% 22.10% 22.16% 21.90% 21.56% 20.36%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $150,804K ÷ $670,604K
= 22.49%

The operating profit margin of Chesapeake Utilities Corp has shown a consistent and relatively stable performance over the past eight quarters. It has ranged between 20.93% to 24.03%, indicating a healthy level of profitability in its operations. The company has effectively managed its operating expenses in relation to its revenue during this period. Despite some minor fluctuations, the operating profit margin has remained above 20%, reflecting the company's ability to generate profits from its core business activities. This consistency suggests a strong financial performance and operational efficiency within Chesapeake Utilities Corp.


Peer comparison

Dec 31, 2023

Company name
Symbol
Operating profit margin
Chesapeake Utilities Corporation
CPK
22.49%
ONEOK Inc
OKE
23.73%
Southwest Gas Holdings Inc
SWX
7.70%