UNITIL Corporation (UTL)

Gross profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Gross profit	US$ in thousands	953,400	1,079,300	1,098,100	919,400	810,000
Revenue	US$ in thousands	953,400	1,079,300	1,098,100	919,400	810,800
Gross profit margin		100.00%	100.00%	100.00%	100.00%	99.90%

December 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $953,400K ÷ $953,400K
= 100.00%

Based on the data provided, UNITIL Corporation has consistently maintained a strong gross profit margin over the years, with figures ranging from 99.90% to 100.00%. This indicates that the company effectively controls its production costs and efficiently manages its pricing strategies, resulting in a high percentage of sales revenue retained as gross profit.

A gross profit margin of close to 100% suggests that UNITIL Corporation is able to generate significant profits after accounting for the direct costs associated with producing its goods or services. This can be a positive sign of operational efficiency and effective cost management within the company.

Overall, the trend of a consistently high gross profit margin for UNITIL Corporation demonstrates its ability to generate healthy profits from its core business activities, which can contribute to its financial stability and potential for long-term growth.