FirstEnergy Corporation (FE)

Operating profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Operating income (ttm)	US$ in thousands	2,375,000	2,330,000	2,269,000	2,327,000	2,266,000	2,399,000	2,238,000	2,204,000	2,212,000	1,735,000	1,861,000	1,726,000	1,726,000	1,896,000	1,986,000	2,189,000	2,162,000	2,383,000	2,343,000	2,413,000
Revenue (ttm)	US$ in thousands	13,472,000	13,442,000	13,200,000	12,926,000	12,870,000	12,901,000	12,889,000	12,701,000	12,459,000	11,942,000	11,591,000	11,395,000	11,132,000	11,009,000	10,907,000	10,807,000	10,790,000	10,926,000	10,867,000	10,861,000
Operating profit margin		17.63%	17.33%	17.19%	18.00%	17.61%	18.60%	17.36%	17.35%	17.75%	14.53%	16.06%	15.15%	15.50%	17.22%	18.21%	20.26%	20.04%	21.81%	21.56%	22.22%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $2,375,000K ÷ $13,472,000K
= 17.63%

FirstEnergy Corporation's operating profit margin has shown some fluctuations over the period from March 31, 2020, to December 31, 2024. The operating profit margin started at a relatively high level of 22.22% in March 31, 2020, and experienced a gradual decline until reaching a low of 14.53% in September 30, 2022. Subsequently, the operating profit margin showed a mixed trend of both increases and decreases, with fluctuations in the range of 15% to 18.6% up to December 31, 2024.

Overall, the company's operating profit margin has shown some volatility, indicating potential challenges in managing operating expenses and generating operational efficiencies during the period under review. The downward trend observed in some quarters may suggest the need for FirstEnergy Corporation to closely monitor its cost structure and operational performance to enhance profitability levels in the future.