Public Service Enterprise Group Inc (PEG)

Gross profit margin

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 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Gross profit (ttm) US$ in thousands 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 7,549,000 7,535,000 7,026,000
Revenue (ttm) US$ in thousands 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 10,066,000 10,158,000 9,858,000
Gross profit margin 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% 75.00% 74.18% 71.27%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $6,553,000K ÷ $11,237,000K
= 58.32%

Public Service Enterprise Group Inc.'s gross profit margin has shown a consistent and positive trend over the past eight quarters. The company's gross profit margin has steadily increased from 59.00% in Q4 2022 to 70.99% in Q4 2023. This indicates that the company has been able to effectively control its production and operating costs while increasing its revenues. The significant improvement in the gross profit margin reflects the company's ability to generate more profit from each dollar of sales. Overall, Public Service Enterprise Group Inc. appears to be efficiently managing its cost of goods sold and is likely benefiting from economies of scale and operational efficiencies.


Peer comparison

Dec 31, 2023