Edison International (EIX)
Gross 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 16,291,000 | 16,666,000 | 17,192,000 | 17,236,000 | 17,238,000 | 16,496,000 | 16,567,000 | 15,874,000 | 14,866,000 | 14,731,000 | 14,104,000 | 13,794,000 | 13,610,000 | 13,423,000 | 12,492,000 | 12,129,000 | 12,254,000 | 12,293,000 | 12,832,000 | 13,005,000 |
| Revenue (ttm) | US$ in thousands | 16,338,000 | 16,648,000 | 17,174,000 | 17,218,000 | 17,220,000 | 16,535,000 | 16,606,000 | 15,913,000 | 14,905,000 | 14,731,000 | 14,076,000 | 13,748,000 | 13,578,000 | 13,391,000 | 12,488,000 | 12,313,000 | 12,347,000 | 12,386,000 | 12,914,000 | 12,917,000 |
| Gross profit margin | 99.71% | 100.11% | 100.10% | 100.10% | 100.10% | 99.76% | 99.77% | 99.75% | 99.74% | 100.00% | 100.20% | 100.33% | 100.24% | 100.24% | 100.03% | 98.51% | 99.25% | 99.25% | 99.37% | 100.68% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $16,291,000K ÷ $16,338,000K
= 99.71%
Based on the data provided, Edison International has consistently maintained a gross profit margin of 100% across all quarters from Q1 2022 to Q4 2023. The gross profit margin represents the percentage of revenue that exceeds the cost of goods sold, indicating the company's ability to generate profit from its core operations. A gross profit margin of 100% implies that the company is able to cover all production costs and still have revenue remaining as gross profit. This level of gross profit margin stability indicates strong pricing strategies, cost management, and operational efficiency within Edison International's business.
Peer comparison
Dec 31, 2023