SJW Group Common Stock (SJW)

Gross profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Gross profit (ttm)	US$ in thousands	464,667	345,938	340,837	352,201	367,756	396,820	376,388	370,134	357,174	329,591	322,728	324,906	318,572	313,365	316,542	315,613	316,576	310,023	271,117	243,523
Revenue (ttm)	US$ in thousands	748,439	721,957	701,737	682,449	670,363	670,399	641,537	633,692	620,698	589,061	580,003	583,203	573,686	569,649	568,589	563,557	564,526	554,664	502,798	458,554
Gross profit margin		62.08%	47.92%	48.57%	51.61%	54.86%	59.19%	58.67%	58.41%	57.54%	55.95%	55.64%	55.71%	55.53%	55.01%	55.67%	56.00%	56.08%	55.89%	53.92%	53.11%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $464,667K ÷ $748,439K
= 62.08%

The gross profit margin of SJW Group Common Stock has shown fluctuations over the past few years based on the provided data. The trend indicates an overall increase from around 53% in early 2020 to a peak of 59.19% in September 2023. However, there was a significant drop to 47.92% in September 2024, followed by a sharp increase to 62.08% by the end of the year.

These fluctuations may be influenced by various factors such as changes in the cost of goods sold, pricing strategies, operational efficiencies, and macroeconomic conditions. It is essential for investors and analysts to closely monitor these changes in the gross profit margin as it provides insights into the company's pricing strategy, production efficiency, and overall financial health.