CenterPoint Energy Inc (CNP)
Gross 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 3,976,000 | 3,810,000 | 3,946,000 | 3,811,000 | 3,686,000 | 3,686,000 | 3,499,000 | 3,453,000 | 3,397,000 | 3,386,000 | 3,310,000 | 3,246,000 | 3,207,000 | 3,126,000 | 3,100,000 | 3,012,000 | 2,929,000 | 2,986,000 | 3,096,000 | 3,175,000 |
| Revenue (ttm) | US$ in thousands | 8,643,000 | 8,563,000 | 8,567,000 | 8,537,000 | 8,696,000 | 9,225,000 | 9,268,000 | 9,337,000 | 9,321,000 | 8,924,000 | 8,770,000 | 8,568,000 | 8,352,000 | 8,092,000 | 7,965,000 | 7,798,000 | 7,418,000 | 8,594,000 | 9,714,000 | 10,937,000 |
| Gross profit margin | 46.00% | 44.49% | 46.06% | 44.64% | 42.39% | 39.96% | 37.75% | 36.98% | 36.44% | 37.94% | 37.74% | 37.89% | 38.40% | 38.63% | 38.92% | 38.63% | 39.49% | 34.75% | 31.87% | 29.03% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $3,976,000K ÷ $8,643,000K
= 46.00%
CenterPoint Energy Inc's gross profit margin has shown a generally increasing trend over the analyzed periods, starting at 29.03% on March 31, 2020, and reaching 46.00% on December 31, 2024. This indicates an improvement in the company's ability to generate profit from its sales revenue after accounting for the cost of goods sold.
The highest gross profit margin was recorded as 46.00% on December 31, 2024, showcasing an efficient management of production costs. Conversely, the lowest gross profit margin during the period was 29.03% on March 31, 2020, indicating a lower profitability level at the start of the analysis period.
Overall, the gradual increase in the gross profit margin over time suggests that CenterPoint Energy Inc has been effective in controlling its production costs and optimizing its pricing strategies, leading to improved profitability in its operations. Further monitoring of this metric will be essential to assess the company's ongoing performance in terms of generating profits from its core business activities.
Peer comparison
Dec 31, 2024