American States Water Company (AWR)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Net income (ttm)	US$ in thousands	119,268	111,261	106,992	113,649	124,921	123,122	117,211	98,641	78,396	80,117	82,616	89,241	94,347	94,208	92,585	91,621	86,425	82,914	84,390	85,562
Revenue (ttm)	US$ in thousands	595,459	577,541	567,455	569,527	595,699	595,886	579,174	544,381	491,528	482,785	484,556	490,363	498,853	506,429	503,362	496,226	488,243	477,036	477,844	481,213
Net profit margin		20.03%	19.26%	18.85%	19.95%	20.97%	20.66%	20.24%	18.12%	15.95%	16.59%	17.05%	18.20%	18.91%	18.60%	18.39%	18.46%	17.70%	17.38%	17.66%	17.78%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $119,268K ÷ $595,459K
= 20.03%

The net profit margin of American States Water Company has shown some fluctuations over the past few years, ranging from a low of 15.95% on December 31, 2022, to a high of 20.97% on December 31, 2023. The net profit margin measures the company's profitability by indicating how much of each dollar of revenue translates into profit after all expenses have been deducted.

Overall, the trend in the net profit margin has been relatively positive, generally increasing from 2019 to 2023. However, there was a slight dip in the mid-2020s with a decrease in net profit margin to 16.59% on September 30, 2022, before recovering and reaching 20.03% on December 31, 2024.

The fluctuations in the net profit margin could be attributed to various factors such as changes in operating expenses, revenue growth, cost management strategies, or economic conditions affecting the industry. Investors and analysts often closely monitor changes in the net profit margin to assess the company's efficiency in generating profits from its operations.