California Water Service Group (CWT)

Operating 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
Operating income (ttm)	US$ in thousands	249,281	238,448	215,174	174,268	65,237	70,111	91,583	102,923	127,660	111,826	118,032	132,989	126,770	141,351	176,261	146,508	136,666	131,988	77,493	92,013
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
Operating profit margin		24.04%	23.17%	21.86%	18.65%	8.21%	8.98%	11.56%	12.79%	15.08%	13.66%	14.59%	16.29%	16.03%	17.52%	20.64%	17.94%	17.21%	16.88%	10.91%	12.89%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $249,281K ÷ $1,036,806K
= 24.04%

The operating profit margin of California Water Service Group has shown fluctuations over the periods covered in the data provided. It increased from 12.89% in March 2020 to a peak of 24.04% in December 2024. The trend was generally positive, with occasional dips in between. Notable increases were observed in the latter half of 2023 and throughout 2024, indicating improved operational efficiency and profitability. However, there were also periods, such as in 2022 and early 2023, where the operating profit margin experienced declines. Overall, the company's ability to generate profits from its core operations has varied but displayed a generally positive trajectory over the covered time frame.