SJW Group Common Stock (SJW)

Operating 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
Operating income (ttm)	US$ in thousands	170,503	163,329	161,582	152,170	149,435	163,327	144,323	139,567	127,472	108,754	104,926	111,163	111,159	103,782	111,891	115,322	117,670	99,396	74,597	60,498
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
Operating profit margin		22.78%	22.62%	23.03%	22.30%	22.29%	24.36%	22.50%	22.02%	20.54%	18.46%	18.09%	19.06%	19.38%	18.22%	19.68%	20.46%	20.84%	17.92%	14.84%	13.19%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $170,503K ÷ $748,439K
= 22.78%

The operating profit margin of SJW Group Common Stock has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The operating profit margin started at 13.19% on March 31, 2020, and gradually increased to a peak of 24.36% on September 30, 2023. However, it then slightly decreased to 22.29% on December 31, 2023, and remained relatively stable around the low 20s, ranging from 22.30% on March 31, 2024, to 22.78% on December 31, 2024.

Overall, the operating profit margin of SJW Group Common Stock has shown a general trend of improvement, indicating efficient management of operating costs and increased profitability during the period under consideration. It is important to continue monitoring this metric to assess the company's ability to generate profits from its core operations.