Ameren Corp (AEE)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,152,000 | 1,074,000 | 990,000 | 871,000 | 828,000 |
| Revenue | US$ in thousands | 7,500,000 | 7,957,000 | 6,394,000 | 5,794,000 | 5,910,000 |
| Net profit margin | 15.36% | 13.50% | 15.48% | 15.03% | 14.01% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $1,152,000K ÷ $7,500,000K
= 15.36%
The net profit margin of Ameren Corp. has shown a generally positive trend over the past five years. In 2023, the company achieved a net profit margin of 15.36%, which represents an improvement compared to the previous year's net profit margin of 13.50%. This increase indicates the company's ability to translate its revenue into profit more efficiently.
When looking at the trend from 2021 to 2023, Ameren Corp. managed to maintain relatively high net profit margins, with values ranging from 15.48% to 15.36%. This suggests that the company has been successful in managing its costs and expenses while generating revenue.
Comparing the most recent net profit margin of 15.36% to the 2019 figure of 14.01%, we see a notable improvement over the years. This upward trend reflects positively on the company's profitability and efficiency in converting sales into bottom-line profit.
Overall, Ameren Corp.'s net profit margin has shown stability and improvement over the past five years, indicating effective cost management and revenue generation strategies.
Peer comparison
Dec 31, 2023