SJW Group Common Stock (SJW)

Net 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
Net income (ttm)	US$ in thousands	93,967	89,996	87,566	85,156	84,987	99,537	88,349	81,373	73,580	57,967	52,001	61,573	60,490	55,888	62,989	61,828	61,591	42,821	26,130	19,947
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
Net profit margin		12.56%	12.47%	12.48%	12.48%	12.68%	14.85%	13.77%	12.84%	11.85%	9.84%	8.97%	10.56%	10.54%	9.81%	11.08%	10.97%	10.91%	7.72%	5.20%	4.35%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $93,967K ÷ $748,439K
= 12.56%

The net profit margin of SJW Group Common Stock has shown fluctuations over the past few years. It increased from 4.35% in March 2020 to a peak of 14.85% in September 2023, indicating improvements in the company's profitability during that period. However, towards the end of 2024, the net profit margin started to stabilize around the range of 12.48% to 12.56%.

Overall, the net profit margin trend reflects a generally positive performance, with the company consistently maintaining double-digit margins in recent quarters. This suggests that SJW Group Common Stock has effectively managed its expenses and generated healthy profits relative to its revenue during the period under review. It would be advisable to continue monitoring the net profit margin to assess the company's ongoing financial health and efficiency in generating profits.