Consolidated Edison Inc (ED)

Gross 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
Gross profit (ttm)	US$ in thousands	9,506,000	10,148,000	10,450,000	10,873,000	10,507,000	9,469,000	8,976,000	8,616,000	8,314,000	8,066,000	7,869,000	7,713,000	7,366,000	7,774,000	7,926,000	8,030,000	8,402,000	8,531,000	8,572,000	8,628,000
Revenue (ttm)	US$ in thousands	14,663,000	15,250,000	15,543,000	16,014,000	15,671,000	15,055,000	14,503,000	14,059,000	13,676,000	13,221,000	12,941,000	12,689,000	12,246,000	12,237,000	12,269,000	12,294,000	12,574,000	12,572,000	12,535,000	12,487,000
Gross profit margin		64.83%	66.54%	67.23%	67.90%	67.05%	62.90%	61.89%	61.28%	60.79%	61.01%	60.81%	60.78%	60.15%	63.53%	64.60%	65.32%	66.82%	67.86%	68.38%	69.10%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $9,506,000K ÷ $14,663,000K
= 64.83%

Consolidated Edison, Inc.'s gross profit margin has shown some fluctuations over the past eight quarters. In the most recent quarter (Q4 2023), the gross profit margin was 75.09%, slightly higher than the preceding quarter but lower compared to the same quarter in the previous year. The trend in the gross profit margin indicates some variability, with the margin peaking in Q1 2022 at 78.65% before experiencing a gradual decline. Overall, the company has maintained relatively healthy gross profit margins above 70% throughout the periods analyzed. However, further investigation into the factors driving these fluctuations would be necessary to assess the underlying performance and efficiency of Consolidated Edison, Inc.'s operations.