PG&E Corp (PCG)

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 4,459,000 4,574,000 3,946,000 3,318,000 2,671,000 1,666,000 1,991,000 1,930,000 1,837,000 2,348,000 1,926,000 2,115,000 1,883,000 1,662,000 1,756,000 1,404,000 1,755,000 -3,008,000 -5,706,000 -9,628,000
Revenue (ttm) US$ in thousands 24,419,000 24,829,000 24,776,000 24,080,000 24,428,000 22,757,000 22,263,000 22,091,000 21,680,000 21,556,000 21,627,000 21,724,000 20,642,000 20,988,000 20,014,000 19,133,000 18,469,000 17,835,000 17,724,000 17,273,000
Operating profit margin 18.26% 18.42% 15.93% 13.78% 10.93% 7.32% 8.94% 8.74% 8.47% 10.89% 8.91% 9.74% 9.12% 7.92% 8.77% 7.34% 9.50% -16.87% -32.19% -55.74%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $4,459,000K ÷ $24,419,000K
= 18.26%

The operating profit margin of PG&E Corp has shown a significant improvement over the analyzed period. Starting from a negative margin in March 2020 and gradually climbing to positive figures, it reflects the company's efforts in optimizing its operational efficiency and cost management. The margin improved consistently, reaching 18.26% by December 31, 2024. This trend indicates that PG&E Corp has been able to increase its profitability relative to its operating costs and generate more operating income from its revenue. Overall, the positive trajectory of the operating profit margin showcases the company's enhanced financial performance and potential for sustained growth in the future.