Exelon Corporation (EXC)

Operating 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
Operating income (ttm)	US$ in thousands	4,025,000	3,642,000	3,530,000	3,520,000	3,314,000	3,127,000	2,872,000	2,758,000	2,682,000	1,797,000	1,810,000	1,795,000	2,191,000	3,516,000	4,100,000	4,376,000	4,374,000	4,118,000	3,909,000	4,008,000
Revenue (ttm)	US$ in thousands	21,728,000	21,027,000	19,892,000	19,313,000	19,077,000	18,835,000	18,853,000	18,634,000	17,939,000	22,017,000	26,007,000	29,309,000	33,424,000	33,265,000	33,341,000	33,708,000	34,438,000	34,907,000	35,379,000	35,764,000
Operating profit margin		18.52%	17.32%	17.75%	18.23%	17.37%	16.60%	15.23%	14.80%	14.95%	8.16%	6.96%	6.12%	6.56%	10.57%	12.30%	12.98%	12.70%	11.80%	11.05%	11.21%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $4,025,000K ÷ $21,728,000K
= 18.52%

Exelon Corp.'s operating profit margin has shown a generally positive trend over the past eight quarters, indicating an efficient management of costs and operations. The margins have ranged from a low of 11.37% in Q1 2022 to a high of 18.47% in Q4 2023. The company achieved a significant improvement in operating profit margin in the most recent quarter, reaching 18.47%, which is higher than the average margin of 15.95% for the period under review. This suggests that Exelon has been successful in controlling its operating expenses and generating higher profits from its core business activities. The increasing trend in operating profit margin reflects positively on the company's financial performance and efficiency in utilizing its resources to drive profitability.