UNITIL Corporation (UTL)

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	953,400	958,900	980,900	996,300	1,079,300	1,149,700	1,162,300	1,153,300	1,098,100	1,055,800	1,031,600	1,027,000	919,400	873,600	852,200	826,800	810,000	808,900	804,700	805,400
Revenue (ttm)	US$ in thousands	953,400	958,900	980,900	996,300	1,079,300	1,149,700	1,162,300	1,153,300	1,098,100	1,055,800	1,031,600	1,027,000	919,400	874,400	853,000	827,600	810,800	809,600	805,400	806,400
Gross profit margin		100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	99.91%	99.91%	99.90%	99.90%	99.91%	99.91%	99.88%

December 31, 2024 calculation

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

UNITIL Corporation has consistently maintained a very high gross profit margin over the years, ranging from 99.88% to 100.00%. This indicates that the company is effectively managing its production costs and generating strong revenues relative to the cost of goods sold. The steady increase in gross profit margin over time reflects the company's ability to efficiently control its direct production expenses and effectively price its products or services.

A gross profit margin of 100.00% in recent periods suggests that UNITIL Corporation is achieving optimal efficiency in production and sales, where the company is essentially generating revenue that covers all of its direct costs with no margin for error. This level of gross profit margin may also indicate that the company has pricing power and competitive advantages in its industry, allowing it to capture value from its operations effectively.

Overall, the consistently high gross profit margin for UNITIL Corporation highlights its operational efficiency and ability to generate healthy profits from its core business activities.