PG&E Corp (PCG)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 4,459,000 | 2,671,000 | 1,837,000 | 1,883,000 | 1,755,000 |
| Revenue | US$ in thousands | 24,419,000 | 24,428,000 | 21,680,000 | 20,642,000 | 18,469,000 |
| Operating profit margin | 18.26% | 10.93% | 8.47% | 9.12% | 9.50% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $4,459,000K ÷ $24,419,000K
= 18.26%
Based on the provided data, PG&E Corp's operating profit margin has shown fluctuations over the years. As of December 31, 2020, the operating profit margin was at 9.50%, and it slightly decreased to 9.12% by December 31, 2021. Subsequently, there was a more significant decline in the operating profit margin to 8.47% by December 31, 2022.
However, there was a notable improvement in the operating profit margin by December 31, 2023, where it increased to 10.93%. The most significant leap occurred by December 31, 2024, with a remarkable surge in the operating profit margin to 18.26%.
Overall, the trend in PG&E Corp's operating profit margins indicates some volatility, with periods of decrease followed by substantial increases. This fluctuation may be influenced by various internal and external factors impacting the company's operational efficiency and profitability.
Peer comparison
Dec 31, 2024