SJW Group Common Stock (SJW)

Gross profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Gross profit	US$ in thousands	748,439	388,434	357,174	318,572	316,576
Revenue	US$ in thousands	748,439	670,363	620,698	573,686	564,526
Gross profit margin		100.00%	57.94%	57.54%	55.53%	56.08%

December 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $748,439K ÷ $748,439K
= 100.00%

Based on the provided data, the gross profit margin of SJW Group Common Stock has shown variability over the years. As of December 31, 2020, the gross profit margin was 56.08%, which slightly decreased to 55.53% by the end of 2021. Subsequently, there was a notable improvement in the gross profit margin, reaching 57.54% by December 31, 2022, and further increasing to 57.94% by the end of 2023.

However, there is a significant outlier noted in the data where the gross profit margin suddenly spiked to 100.00% as of December 31, 2024. Such an abrupt increase to 100.00% raises questions about the accuracy and reliability of the data provided. It is uncommon for a company to achieve a gross profit margin of 100.00%, as it typically indicates errors in financial reporting or unusual events impacting profitability.

In conclusion, while the gross profit margin of SJW Group Common Stock has generally shown positive trends over the years, the extreme spike to 100.00% in 2024 warrants further investigation and scrutiny to ensure the accuracy and integrity of the financial data.