The AES Corporation (AES)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 249,000 | -560,000 | -370,000 | -510,000 | -546,000 | -275,000 | -353,000 | -146,000 | -409,000 | 541,000 | -135,000 | -246,000 | 46,000 | -350,000 | 193,000 | 293,000 | 303,000 | 509,000 | 400,000 | 673,000 |
| Revenue (ttm) | US$ in thousands | 12,668,000 | 12,760,000 | 12,953,000 | 13,004,000 | 12,617,000 | 12,327,000 | 11,736,000 | 11,358,000 | 11,141,000 | 10,931,000 | 10,440,000 | 9,957,000 | 9,660,000 | 9,531,000 | 9,611,000 | 9,877,000 | 10,189,000 | 10,380,000 | 10,592,000 | 10,646,000 |
| Net profit margin | 1.97% | -4.39% | -2.86% | -3.92% | -4.33% | -2.23% | -3.01% | -1.29% | -3.67% | 4.95% | -1.29% | -2.47% | 0.48% | -3.67% | 2.01% | 2.97% | 2.97% | 4.90% | 3.78% | 6.32% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $249,000K ÷ $12,668,000K
= 1.97%
The net profit margin of AES Corp. fluctuated over the past eight quarters, ranging from a low of -4.39% in Q3 2023 to a high of 1.97% in Q4 2023. A negative net profit margin indicates that the company's expenses exceeded its revenue during those quarters.
The negative margins in Q2 and Q3 of 2022, as well as Q1 and Q3 of 2023, suggest that AES Corp. experienced challenges in generating profits or controlling costs during those periods. However, the positive net profit margin in Q4 2023 signals an improvement in the company's profitability compared to the preceding quarters.
It is important for AES Corp. to focus on maintaining or improving its net profit margin in order to demonstrate financial stability and efficiency in its operations. Additional analysis of the underlying factors contributing to these fluctuations would provide further insights into the company's performance.