Consolidated Edison Inc (ED)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 3,196,000 | 3,295,000 | 3,462,000 | 3,565,000 | 2,625,000 | 2,772,000 | 2,733,000 | 2,764,000 | 2,825,000 | 2,635,000 | 2,645,000 | 2,706,000 | 2,654,000 | 2,712,000 | 2,719,000 | 2,698,000 | 2,676,000 | 2,768,000 | 2,727,000 | 2,695,000 |
| 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 |
| Operating profit margin | 21.80% | 21.61% | 22.27% | 22.26% | 16.75% | 18.41% | 18.84% | 19.66% | 20.66% | 19.93% | 20.44% | 21.33% | 21.67% | 22.16% | 22.16% | 21.95% | 21.28% | 22.02% | 21.76% | 21.58% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $3,196,000K ÷ $14,663,000K
= 21.80%
Consolidated Edison, Inc.'s operating profit margin has shown a general trend of decline from Q1 2022 to Q4 2023. The company's operating profit margin was at its peak in Q2 2022 at 19.67%, gradually decreasing to 15.90% in Q4 2023. This downward trend indicates a decrease in efficiency in generating profits from its core operations over the given period. It is essential for the company to closely monitor and analyze the factors contributing to this decline in order to implement strategic measures to improve operational performance and enhance profitability in the future.
Peer comparison
Dec 31, 2023