California Water Service Group (CWT)

Gross profit margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Gross profit (ttm) US$ in thousands 625,215 470,031 458,756 475,517 404,846 466,377 481,802 493,452 529,452 502,976 497,885 501,815 483,843 497,560 545,162 511,180 489,552 478,479 411,748 422,832
Revenue (ttm) US$ in thousands 1,036,806 1,029,123 984,536 934,281 794,632 781,057 792,388 804,538 846,431 818,820 809,236 816,165 790,909 806,735 854,120 816,481 794,307 782,033 710,462 714,009
Gross profit margin 60.30% 45.67% 46.60% 50.90% 50.95% 59.71% 60.80% 61.33% 62.55% 61.43% 61.53% 61.48% 61.18% 61.68% 63.83% 62.61% 61.63% 61.18% 57.95% 59.22%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $625,215K ÷ $1,036,806K
= 60.30%

The gross profit margin of California Water Service Group shows some fluctuations over the period from March 31, 2020 to December 31, 2024. The margin started at a high of 59.22% in March 2020, dipped to 45.67% by September 2024, and then recovered slightly to 60.30% by December 2024. Overall, the trend displays some volatility with peaks and troughs, indicating fluctuating levels of profitability relative to revenue during the period analyzed. It would be essential for stakeholders to further investigate the reasons behind these fluctuations to better understand the company's financial performance and profitability.