Portland General Electric Co (POR)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 512,000 | 396,000 | 397,000 | 378,000 | 269,000 |
| Revenue | US$ in thousands | 3,440,000 | 2,923,000 | 2,647,000 | 2,396,000 | 2,145,000 |
| Operating profit margin | 14.88% | 13.55% | 15.00% | 15.78% | 12.54% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $512,000K ÷ $3,440,000K
= 14.88%
Portland General Electric Co's operating profit margin has shown a generally positive trend over the years, moving from 12.54% in December 2020 to 14.88% in December 2024. This indicates that the company has been able to effectively control its operating expenses relative to its revenue, resulting in a higher percentage of revenue being converted into operating profit.
Although there was a slight decrease in the operating profit margin in 2023 compared to the previous year, the company managed to recover and improve its margin in 2024. This suggests that Portland General Electric Co has the ability to adapt to changing market conditions and implement strategies to enhance profitability.
Overall, the consistent improvement in the operating profit margin reflects positively on the company's operational efficiency and management of costs. It signifies that Portland General Electric Co has been successful in generating more profit from its core business activities over the years.
Peer comparison
Dec 31, 2024