American Water Works (AWK)
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 | 944,000 | 920,000 | 894,000 | 832,000 | 820,000 | 1,318,000 | 1,299,000 | 1,288,000 | 1,263,000 | 763,000 | 749,000 | 718,000 | 709,000 | 662,000 | 638,000 | 632,000 | 621,000 | 635,000 | 582,000 | 574,000 |
| Revenue (ttm) | US$ in thousands | 4,215,000 | 4,124,000 | 4,030,000 | 3,872,000 | 3,785,000 | 4,558,000 | 4,576,000 | 4,636,000 | 4,676,000 | 3,922,000 | 3,902,000 | 3,820,000 | 3,786,000 | 3,724,000 | 3,663,000 | 3,637,000 | 3,606,000 | 3,556,000 | 3,517,000 | 3,488,000 |
| Net profit margin | 22.40% | 22.31% | 22.18% | 21.49% | 21.66% | 28.92% | 28.39% | 27.78% | 27.01% | 19.45% | 19.20% | 18.80% | 18.73% | 17.78% | 17.42% | 17.38% | 17.22% | 17.86% | 16.55% | 16.46% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $944,000K ÷ $4,215,000K
= 22.40%
American Water Works Co. Inc.'s net profit margin has shown consistency in generating profits over the quarters. The company's net profit margin ranged from 21.40% to 22.30% in 2023, with a slight fluctuation within this range. The margins have been relatively stable in comparison to the higher figures seen in 2022, where the margins ranged from 33.16% to 34.58%. This indicates efficient cost management and revenue generation strategies, but also potential challenges in maintaining higher margins seen in the previous year. Further analysis is needed to understand the factors influencing these fluctuations in net profit margin for American Water Works Co. Inc.
Peer comparison
Dec 31, 2023