Constellation Energy Corp (CEG)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|
| Net income | US$ in thousands | 1,623,000 | -160,000 | -205,000 |
| Revenue | US$ in thousands | 24,918,000 | 24,440,000 | 19,649,000 |
| Net profit margin | 6.51% | -0.65% | -1.04% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $1,623,000K ÷ $24,918,000K
= 6.51%
The net profit margin of Constellation Energy Corporation has shown fluctuation over the past four years. In 2023, the net profit margin improved to 6.51%, marking a significant increase from the negative margins reported in 2022 and 2021 (-0.65% and -1.04% respectively). This positive trend in 2023 indicates a stronger ability by the company to generate profits relative to its revenue. However, it is worth noting that the net profit margin was higher in 2020 at 3.35% compared to the more recent years. This suggests that Constellation Energy Corporation may have experienced challenges in maintaining profitability in the immediate preceding years.
Peer comparison
Dec 31, 2023