Public Service Enterprise Group Inc (PEG)
Gross profit margin
| Dec 31, 2024 | Sep 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 5,804,000 | 5,524,000 | 5,624,000 | 6,553,000 | 6,942,000 | 6,985,000 | 6,554,000 | 4,946,000 | 2,084,000 | 1,842,000 | 2,056,000 | 3,147,000 | 5,637,000 | 6,452,000 | 6,619,000 | 6,624,000 | 7,556,000 | 7,503,000 | 7,631,000 | 7,559,000 |
| Revenue (ttm) | US$ in thousands | 10,472,000 | 10,463,000 | 10,242,000 | 11,237,000 | 11,771,000 | 11,587,000 | 11,242,000 | 9,800,000 | 9,717,000 | 9,348,000 | 9,146,000 | 9,722,000 | 9,068,000 | 9,535,000 | 9,711,000 | 9,603,000 | 9,679,000 | 9,611,000 | 9,877,000 | 10,076,000 |
| Gross profit margin | 55.42% | 52.80% | 54.91% | 58.32% | 58.98% | 60.28% | 58.30% | 50.47% | 21.45% | 19.70% | 22.48% | 32.37% | 62.16% | 67.67% | 68.16% | 68.98% | 78.07% | 78.07% | 77.26% | 75.02% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $5,804,000K ÷ $10,472,000K
= 55.42%
Public Service Enterprise Group Inc's gross profit margin has shown fluctuations over the periods under consideration. The trend indicates a general decline in gross profit margin from the highs of around 75% in December 2019 to a low of about 19.70% in June 2022. However, the margin started to recover gradually from that point, reaching levels above 50% by December 2022.
The company experienced significant volatility in its gross profit margin between 2022 and 2024, with fluctuations in the range of 50-60%. Overall, the gross profit margin stabilized around 55% by December 2024, showing signs of improvement from the low points observed in the mid-2020s.
The changes in Public Service Enterprise Group Inc's gross profit margin may be attributed to various factors such as fluctuations in revenue, changes in the cost of goods sold, pricing strategies, operational efficiencies, and external economic conditions impacting the company's profitability. Investors and analysts may closely monitor these figures to assess the company's financial performance and operational effectiveness.
Peer comparison
Dec 31, 2024