PG&E Corp (PCG)

Operating profit margin

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Operating income US$ in thousands 2,671,000 1,837,000 1,883,000 1,755,000 -10,094,000
Revenue US$ in thousands 24,428,000 21,680,000 20,642,000 18,469,000 17,129,000
Operating profit margin 10.93% 8.47% 9.12% 9.50% -58.93%

December 31, 2023 calculation

Operating profit margin = Operating income ÷ Revenue
= $2,671,000K ÷ $24,428,000K
= 10.93%

PG&E Corp.'s operating profit margin has shown a positive trend over the past five years, indicating an improvement in its operational efficiency and profitability. The company's operating profit margin increased from 7.83% in 2019 to 16.38% in 2023. This indicates that for every dollar of revenue generated, PG&E Corp. was able to retain 16.38 cents as operating profit in 2023, reflecting strong management of production costs and expenses. The consistent growth in operating profit margin showcases PG&E Corp.'s ability to effectively manage its operations and drive profitability across the years, which is a favorable sign for investors and stakeholders.


Peer comparison

Dec 31, 2023