California Water Service Group (CWT)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 225,054 | 77,135 | 127,660 | 126,170 | 136,666 |
| Revenue | US$ in thousands | 1,036,810 | 794,632 | 846,431 | 790,909 | 794,307 |
| Operating profit margin | 21.71% | 9.71% | 15.08% | 15.95% | 17.21% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $225,054K ÷ $1,036,810K
= 21.71%
California Water Service Group's operating profit margin has shown some fluctuations over the years. In 2020, the operating profit margin was 17.21%, which decreased slightly to 15.95% in 2021. The trend continued with a further decrease to 15.08% in 2022.
However, in 2023, there was a significant drop in the operating profit margin to 9.71%, indicating a possible challenge or issue impacting the company's profitability during that year.
The situation improved dramatically in 2024, with the operating profit margin rebounding to 21.71%, showing a strong recovery and potentially effective management actions taken to enhance profitability.
Overall, the operating profit margin of California Water Service Group has displayed variability, with fluctuations suggesting a mix of challenges and successes in managing operational efficiency and profitability during the analyzed period.
Peer comparison
Dec 31, 2024