Consolidated Edison Inc (ED)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 2,670,000 | 3,196,000 | 2,624,000 | 2,826,000 | 2,654,000 |
| Revenue | US$ in thousands | 15,256,000 | 14,663,000 | 15,670,000 | 13,676,000 | 12,246,000 |
| Operating profit margin | 17.50% | 21.80% | 16.75% | 20.66% | 21.67% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $2,670,000K ÷ $15,256,000K
= 17.50%
Consolidated Edison Inc's operating profit margin has shown fluctuations over the years based on the provided data. As of December 31, 2020, the operating profit margin stood at 21.67%, indicating that the company was able to generate approximately $0.217 in operating profit for every dollar of sales revenue.
However, by December 31, 2021, the operating profit margin decreased to 20.66%, signaling a slight decline in operating efficiency and profitability. The trend continued in 2022 with a further drop to 16.75%, suggesting potential challenges in controlling operating expenses or generating sufficient revenue.
On a positive note, by December 31, 2023, the operating profit margin improved significantly to 21.80%, reflecting a successful turnaround or improved operational performance. Nonetheless, by December 31, 2024, the operating profit margin dropped to 17.50%, indicating a decline in profitability compared to the previous year.
In conclusion, while Consolidated Edison Inc has experienced fluctuations in its operating profit margin over the years, it is essential for the company to closely monitor and manage its operating costs, revenue generation, and overall operational efficiency to sustain and enhance profitability in the long term.
Peer comparison
Dec 31, 2024