Consolidated Edison Inc (ED)
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 | 2,670,000 | 2,644,000 | 2,504,000 | 2,468,000 | 2,523,000 | 2,622,000 | 2,789,000 | 2,892,000 | 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 | 2,616,000 |
| 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 |
| Operating profit margin | 17.50% | 17.58% | 16.90% | 16.97% | 17.21% | 17.19% | 17.94% | 18.06% | 16.75% | 18.41% | 18.84% | 19.66% | 20.66% | 19.93% | 20.44% | 21.33% | 21.67% | 22.16% | 22.16% | 22.02% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $2,670,000K ÷ $15,261,000K
= 17.50%
Consolidated Edison Inc's operating profit margin has exhibited fluctuation over the period from March 31, 2020, to December 31, 2024. The operating profit margin started at a relatively high level of 22.02% in March 2020, which slightly increased to 22.16% by June 2020 and remained at the same level through September 2020. However, there was a slight decline to 21.67% by December 2020.
The trend continued with a gradual decrease in the operating profit margin to 19.66% by March 2022, reaching its lowest point in December 2022 at 16.75%. Subsequently, there was a slight recovery in the operating profit margin, with fluctuations observed until December 2024, where it stood at 17.50%.
The decreasing trend in the operating profit margin from 2020 to 2022 may indicate challenges in managing operating expenses relative to revenue generation. The subsequent recovery and stabilization from 2022 to 2024 may suggest improvements in cost controls or revenue-enhancing strategies. Further analysis of the company's cost structure and revenue streams would provide a more detailed understanding of the factors influencing the operating profit margin dynamics.
Peer comparison
Dec 31, 2024