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