Edison International (EIX)
Gross profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 16,291,000 | 17,178,000 | 14,866,000 | 13,746,000 | 12,240,000 |
| Revenue | US$ in thousands | 16,338,000 | 17,220,000 | 14,905,000 | 13,578,000 | 12,347,000 |
| Gross profit margin | 99.71% | 99.76% | 99.74% | 101.24% | 99.13% |
December 31, 2023 calculation
Gross profit margin = Gross profit ÷ Revenue
= $16,291,000K ÷ $16,338,000K
= 99.71%
Based on the data provided, the gross profit margin for Edison International has remained consistently at 100% over the past five years, including the most recent period ending December 31, 2023. This indicates that the company has been able to effectively manage its production costs and maintain a high level of profitability in relation to its revenue. A gross profit margin of 100% suggests that the company is able to generate revenue that fully covers its cost of goods sold, resulting in no direct costs eating into its profitability at the gross profit level. This stability in the gross profit margin is a positive indicator of Edison International's operational efficiency and pricing strategy throughout the years analyzed.
Peer comparison
Dec 31, 2023