Ten Biggest Utilities With Over 50% Gross Margin
Profits for utility companies vary widely depending on region to region. Despite this, the utility sector enjoys relatively high profit margins, primarily due to barriers to entry and other legislative restrictions on competition. This allows utilities to operate as de facto monopolies in the regions they operate. Although utility companies need to go through the rate-making process to fix the prices that they can charge to their customers, they still enjoy a decent profit margin. Let’s take a look at the 10 biggest utilities with over 50% gross margin. Q4 2022 hedge fund letters, conferences ...