Essential Utilities Inc (WTRG)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 757,668 | 692,097 | 661,187 | 602,709 | 434,686 |
| Revenue | US$ in thousands | 2,086,110 | 2,053,820 | 2,288,030 | 1,878,140 | 1,462,700 |
| Operating profit margin | 36.32% | 33.70% | 28.90% | 32.09% | 29.72% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $757,668K ÷ $2,086,110K
= 36.32%
Essential Utilities Inc's operating profit margin has shown a positive trend over the past five years. Starting at 29.72% as of December 31, 2020, the margin increased to 36.32% by December 31, 2024. This indicates that the company has been able to effectively control its operating expenses and generate more profit from its core operations over this period. The gradual improvement in operating profit margin suggests operational efficiency and effective cost management. Investors and analysts may view this trend positively as it reflects the company's ability to generate more profit from each dollar of revenue.
Peer comparison
Dec 31, 2024