Edison International (EIX)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 17,599,000 | 6,714,000 | 6,121,000 | 5,720,000 | 5,037,000 |
| Revenue | US$ in thousands | 17,599,000 | 16,338,000 | 17,220,000 | 14,905,000 | 13,578,000 |
| Gross profit margin | 100.00% | 41.09% | 35.55% | 38.38% | 37.10% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $17,599,000K ÷ $17,599,000K
= 100.00%
Edison International's gross profit margin has shown fluctuating trends over the years based on the provided data. In 2020, the gross profit margin stood at 37.10%, showing a slight improvement to 38.38% in 2021. However, there was a decline in 2022 to 35.55%. The company then experienced a significant increase in 2023, reaching 41.09%. Notably, in 2024, the gross profit margin skyrocketed to 100.00%, which could be due to various factors such as accounting adjustments or extraordinary gains. It is essential for investors and analysts to further investigate the reasons behind this sharp increase to assess the sustainability and underlying performance of the company.
Peer comparison
Dec 31, 2024