Portland General Electric Co (POR)

Gross profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Gross profit	US$ in thousands	3,440,000	1,359,000	1,659,000	1,574,000	1,437,000
Revenue	US$ in thousands	3,440,000	2,923,000	2,647,000	2,396,000	2,145,000
Gross profit margin		100.00%	46.49%	62.67%	65.69%	66.99%

December 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $3,440,000K ÷ $3,440,000K
= 100.00%

The gross profit margin of Portland General Electric Co has displayed varying trends over the years as follows:

- As of December 31, 2020, the gross profit margin stood at 66.99%, indicating that for each dollar of revenue generated, the company retained approximately $0.67 after accounting for the cost of goods sold.
- By December 31, 2021, the gross profit margin slightly declined to 65.69%, which could suggest a slight decrease in the efficiency of the company's production or pricing strategies.
- A more noticeable decrease occurred by December 31, 2022, with the gross profit margin dropping to 62.67%. This decline may raise concerns about the company's ability to control its production costs effectively.
- The most significant change took place by December 31, 2023, when the gross profit margin plummeted to 46.49%. Such a sharp decline signals potential challenges in managing cost of goods sold relative to revenue.
- Interestingly, by December 31, 2024, the gross profit margin surged to an unusually high 100.00%, which may be an anomaly or result from specific accounting adjustments or extraordinary events.

In conclusion, the gross profit margin of Portland General Electric Co has exhibited fluctuations over the years, reflecting the company's ability to manage its production costs and generate profits from its core operations. Analyzing the factors driving these fluctuations could provide valuable insights into the company's operational efficiency and profitability.