California Water Service Group (CWT)
51.78
+0.41
(+0.80%)
USD |
NYSE |
Nov 22, 10:53
California Water Service Group Gross Profit Margin (Quarterly): 55.07% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 55.07% |
| June 30, 2024 | 55.43% |
| March 31, 2024 | 64.59% |
| December 31, 2023 | 42.46% |
| September 30, 2023 | 48.74% |
| June 30, 2023 | 48.07% |
| March 31, 2023 | 41.76% |
| December 31, 2022 | 42.50% |
| September 30, 2022 | 54.69% |
| June 30, 2022 | 49.22% |
| March 31, 2022 | 47.21% |
| December 31, 2021 | 38.54% |
| September 30, 2021 | 55.88% |
| June 30, 2021 | 53.87% |
| March 31, 2021 | 48.95% |
| December 31, 2020 | 46.24% |
| September 30, 2020 | 59.81% |
| June 30, 2020 | 40.87% |
| March 31, 2020 | 40.25% |
| December 31, 2019 | 44.34% |
| September 30, 2019 | 51.76% |
| June 30, 2019 | 48.13% |
| March 31, 2019 | 44.60% |
| December 31, 2018 | 47.73% |
| September 30, 2018 | 51.41% |
| Date | Value |
|---|---|
| June 30, 2018 | 47.70% |
| March 31, 2018 | 47.47% |
| December 31, 2017 | 50.44% |
| September 30, 2017 | 51.58% |
| June 30, 2017 | 49.06% |
| March 31, 2017 | 47.31% |
| December 31, 2016 | 47.71% |
| September 30, 2016 | 48.29% |
| June 30, 2016 | 45.93% |
| March 31, 2016 | 45.42% |
| December 31, 2015 | 48.70% |
| September 30, 2015 | 54.09% |
| June 30, 2015 | 47.47% |
| March 31, 2015 | 46.30% |
| December 31, 2014 | 47.27% |
| September 30, 2014 | 54.25% |
| June 30, 2014 | 47.66% |
| March 31, 2014 | 39.57% |
| December 31, 2013 | 41.67% |
| September 30, 2013 | 49.65% |
| June 30, 2013 | 47.68% |
| March 31, 2013 | 44.84% |
| December 31, 2012 | 44.98% |
| September 30, 2012 | 50.31% |
| June 30, 2012 | 47.75% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
38.54%
Minimum
Dec 2021
64.59%
Maximum
Mar 2024
48.92%
Average
48.41%
Median
Gross Profit Margin (Quarterly) Benchmarks
| American States Water Co | 74.14% |
| Essential Utilities Inc | 62.44% |
| American Water Works Co Inc | 62.51% |
| Middlesex Water Co | 53.98% |
| Artesian Resources Corp | 54.23% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 13.43% |
| Return on Assets | 4.32% |
| Return on Invested Capital | 7.27% |
| Profit Margin (Quarterly) | 20.26% |
| Operating Margin (Quarterly) | 28.58% |
| Return on Net Operating Assets | 5.06% |