Exelon Corporation (EXC)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 17,117,000 | 15,968,000 | 13,552,000 | 25,663,000 | 23,300,000 |
| Revenue | US$ in thousands | 23,028,000 | 21,727,000 | 19,078,000 | 17,938,000 | 16,663,000 |
| Gross profit margin | 74.33% | 73.49% | 71.03% | 143.07% | 139.83% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $17,117,000K ÷ $23,028,000K
= 74.33%
Exelon Corporation's gross profit margin, which represents the percentage of revenue remaining after deducting the cost of goods sold, has displayed fluctuations over the period from December 31, 2020, to December 31, 2024.
The gross profit margin stood at 139.83% as of December 31, 2020, showing a strong margin where the company was generating significant profit relative to its cost of goods sold. This margin increased further to 143.07% by December 31, 2021, indicating improved profitability or potentially more efficient cost management.
However, there was a notable decline in the gross profit margin to 71.03% by December 31, 2022. This substantial decrease might suggest challenges such as higher production costs or lower selling prices impacting profitability.
Nevertheless, Exelon Corporation's gross profit margin demonstrated a recovery thereafter, reaching 73.49% by December 31, 2023, and further improving to 74.33% by December 31, 2024. These increments indicate a positive trend towards healthier profitability levels in the more recent years.
Overall, the fluctuations in Exelon Corporation's gross profit margin suggest varying dynamics in the company's cost structure, pricing strategies, and operational efficiency during the period under review. Further analysis would be needed to understand the drivers behind these changes and their implications for the company's financial performance and competitiveness in the industry.
Peer comparison
Dec 31, 2024