Exelon Corporation (EXC)
Gross profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 15,968,000 | 13,552,000 | 25,663,000 | 23,300,000 | 26,014,000 |
| Revenue | US$ in thousands | 21,727,000 | 19,078,000 | 17,938,000 | 16,663,000 | 34,438,000 |
| Gross profit margin | 73.49% | 71.03% | 143.07% | 139.83% | 75.54% |
December 31, 2023 calculation
Gross profit margin = Gross profit ÷ Revenue
= $15,968,000K ÷ $21,727,000K
= 73.49%
Exelon Corp.'s gross profit margin has experienced fluctuations over the past five years, as indicated by the data provided. The trend shows a decrease from 55.00% in 2019 to 52.23% in 2021, followed by an increase in 2022 to 67.43%, and then a decrease again to 62.07% in 2023.
The peak in 2022 suggests a significant improvement in the company's ability to generate profit from its core operations, but the subsequent decline in 2023 may indicate challenges or changes in the business environment impacting profitability.
Overall, Exelon Corp.'s gross profit margin has shown variability, and further analysis of the underlying factors influencing these fluctuations would be necessary to provide a more comprehensive assessment of the company's performance in this area.
Peer comparison
Dec 31, 2023