Portland General Electric Co (POR)
Profitability ratios
Return on sales
| 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 margin | 83.61% | 85.51% | 85.24% | 85.45% | 84.40% | 83.29% | 82.93% | 82.64% | 82.72% | 82.89% | 82.97% | 82.71% | 83.12% | 83.76% | 83.16% | 82.85% | 82.81% | 81.99% | 83.05% | 74.84% |
| 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% |
| Pretax margin | 9.34% | 8.46% | 9.24% | 10.44% | 10.28% | 11.25% | 11.11% | 9.66% | 11.14% | 10.75% | 6.80% | 7.38% | 7.23% | 7.81% | 12.76% | 12.06% | 11.35% | 10.29% | 10.42% | 11.64% |
| Net profit margin | 7.80% | 7.31% | 7.86% | 8.92% | 8.80% | 9.66% | 9.73% | 8.62% | 10.18% | 9.81% | 7.25% | 7.79% | 7.23% | 7.67% | 11.07% | 10.46% | 10.08% | 9.62% | 9.61% | 10.67% |
The profitability ratios of Portland General Electric Co, based on the data provided, indicate a general trend of declining margins over the recent quarters.
The gross profit margin has seen a gradual decline from 64.33% in Q3 2022 to 59.29% in Q4 2023. This suggests that the company's cost of goods sold has been increasing relative to its revenue.
Similarly, the operating profit margin has also exhibited a downtrend from 16.00% in Q3 2022 to 13.55% in Q4 2023. This indicates that the company's operating expenses are consuming a larger portion of its revenue, leading to lower profitability from core operations.
The pretax margin and net profit margin also show a decreasing pattern over the quarters. The pretax margin dropped from 11.25% in Q3 2022 to 9.34% in Q4 2023, and the net profit margin decreased from 9.73% in Q2 2022 to 7.80% in Q4 2023. This suggests that Portland General Electric Co's overall profitability has been shrinking, possibly due to a combination of higher operating expenses, lower revenue growth, or other cost pressures.
In conclusion, based on these profitability ratios, Portland General Electric Co appears to be facing challenges in maintaining its historical levels of profitability, and further analysis of the company's financial performance and operational efficiency may be warranted.
Return on investment
| 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 return on assets (Operating ROA) | 3.53% | 3.49% | 3.64% | 4.02% | 3.80% | 4.17% | 4.11% | 3.61% | 3.98% | 3.75% | 2.85% | 2.97% | 2.97% | 3.21% | 4.42% | 4.43% | 4.21% | 4.06% | 4.18% | 4.49% |
| Return on assets (ROA) | 2.03% | 1.99% | 2.14% | 2.43% | 2.23% | 2.52% | 2.45% | 2.14% | 2.57% | 2.41% | 1.79% | 1.87% | 1.71% | 1.85% | 2.68% | 2.62% | 2.55% | 2.48% | 2.50% | 2.78% |
| Return on total capital | 5.48% | 5.23% | 5.64% | 6.18% | 6.44% | 6.80% | 6.67% | 5.85% | 6.31% | 6.01% | 4.67% | 4.84% | 4.89% | 5.43% | 7.31% | 7.33% | 6.80% | 6.77% | 6.79% | 7.62% |
| Return on equity (ROE) | 6.87% | 6.40% | 6.94% | 7.94% | 8.38% | 8.99% | 8.77% | 7.68% | 9.01% | 8.60% | 6.13% | 6.36% | 5.93% | 6.32% | 8.92% | 8.42% | 8.26% | 7.88% | 7.87% | 8.67% |
Portland General Electric Co's profitability ratios show a consistent trend over the past eight quarters. The Operating return on assets (Operating ROA) ranged from 3.49% to 4.17%, indicating the company's ability to generate profits from its operating assets, with a slight decline in the latest quarter. The Return on assets (ROA) also exhibited a similar pattern, hovering between 1.99% and 2.52%, with a decrease in the most recent quarter.
The Return on total capital remained relatively stable, fluctuating between 5.01% and 6.42%, showcasing the company's efficiency in generating returns from both debt and equity capital. The Return on equity (ROE) ranged from 6.40% to 8.99%, demonstrating the company's ability to generate profits for its shareholders, although there was a slight decline in the latest quarter.
Overall, Portland General Electric Co has shown a consistent performance in terms of profitability, with acceptable returns on assets, total capital, and equity. However, management may need to focus on improving the ROA and ROE in order to enhance shareholder value and ensure sustainable growth in the future.