Portland General Electric Co (POR)

Operating 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
Operating income (ttm)	US$ in thousands	396,000	370,000	377,000	408,000	397,000	411,000	402,000	351,000	378,000	358,000	259,000	269,000	269,000	285,000	389,000	375,000	353,000	331,000	334,000	357,000
Revenue (ttm)	US$ in thousands	2,923,000	2,885,000	2,826,000	2,769,000	2,647,000	2,568,000	2,467,000	2,413,000	2,396,000	2,344,000	2,249,000	2,181,000	2,145,000	2,137,000	2,132,000	2,123,000	2,123,000	2,099,000	2,082,000	2,071,000
Operating profit margin		13.55%	12.82%	13.34%	14.73%	15.00%	16.00%	16.30%	14.55%	15.78%	15.27%	11.52%	12.33%	12.54%	13.34%	18.25%	17.66%	16.63%	15.77%	16.04%	17.24%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $396,000K ÷ $2,923,000K
= 13.55%

Portland General Electric Co's operating profit margin has shown some fluctuations over the past eight quarters, ranging from 12.82% to 16.30%. In Q1 2023, the operating profit margin was relatively low at 13.55%, showing a slight decrease from the previous quarter. However, in the last quarter of 2022, the company recorded a higher operating profit margin of 15.00%.

Overall, the operating profit margin has been relatively stable around the mid-teens range, indicating that the company has been able to effectively manage its operating expenses in relation to its revenues. It will be important to closely monitor future quarters to observe any trends or patterns in the operating profit margin performance of Portland General Electric Co.