Consolidated Edison Inc (ED)

Pretax 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
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 2,138,000 2,222,000 2,171,000 2,234,000 3,003,000 2,939,000 3,048,000 3,064,000 2,098,000 1,940,000 1,757,000 1,593,000 1,384,000 1,157,000 1,182,000 1,286,000 1,235,000 1,644,000 1,642,000 1,610,000
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
Pretax margin 14.01% 14.78% 14.65% 15.36% 20.48% 19.27% 19.61% 19.13% 13.39% 12.89% 12.11% 11.33% 10.12% 8.75% 9.13% 10.13% 10.08% 13.43% 13.38% 13.55%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $2,138,000K ÷ $15,261,000K
= 14.01%

Consolidated Edison Inc's pretax margin has shown fluctuations over the past few years. The pretax margin decreased from 13.55% in March 2020 to 8.75% in September 2021, before experiencing a gradual increase to 14.01% in December 2024. The company witnessed significant fluctuations in pretax margin, reaching a high of 20.48% in December 2023. Overall, the trend indicates some volatility in the company's ability to generate operating profit before taxes during the period under consideration. Further analysis of the underlying factors influencing these fluctuations would be necessary to provide a more in-depth understanding of the company's financial performance.