Consolidated Edison Inc (ED)
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 | 8,621,000 | 8,464,000 | 8,231,000 | 7,645,000 | 7,405,000 | 7,437,000 | 7,592,000 | 7,753,000 | 7,686,000 | 7,841,000 | 7,739,000 | 7,687,000 | 7,667,000 | 7,401,000 | 7,327,000 | 7,294,000 | 7,149,000 | 7,093,000 | 6,984,000 | 6,690,000 |
| Revenue (ttm) | US$ in thousands | 15,261,000 | 15,036,000 | 14,816,000 | 14,540,000 | 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 | 11,881,000 |
| Gross profit margin | 56.49% | 56.29% | 55.55% | 52.58% | 50.50% | 48.77% | 48.85% | 48.41% | 49.05% | 52.08% | 53.36% | 54.68% | 56.06% | 55.98% | 56.62% | 57.48% | 58.38% | 57.96% | 56.92% | 56.31% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $8,621,000K ÷ $15,261,000K
= 56.49%
Consolidated Edison Inc's gross profit margin has displayed fluctuations over the period from March 31, 2020, to December 31, 2024. The gross profit margin started at 56.31% on March 31, 2020, showing a slight increase to 56.92% by June 30, 2020. Subsequently, there was a steady rise in the gross profit margin, reaching its peak at 58.38% on December 31, 2020.
Following this peak, the gross profit margin experienced some variability, with a decline to 54.68% on March 31, 2022. This downward trend continued through June 30, 2022, reaching 53.36%. Despite some fluctuations, the gross profit margin managed to recover slightly by December 31, 2022, at 49.05%.
From the beginning of 2023, there was a more stable performance in the gross profit margin, hovering around the 48% range up to September 30, 2023. The margin then showed an increase to 50.50% by December 31, 2023.
Moving into 2024, the gross profit margin displayed an upward trajectory, reaching 56.49% by December 31, 2024. This signifies an improvement compared to the fluctuations seen in the previous quarters, indicating a positive trend in the company's ability to generate profit from its core operations.
Peer comparison
Dec 31, 2024