CenterPoint Energy Inc (CNP)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,019,000 | 917,000 | 1,057,000 | 668,000 | -591,000 |
| Revenue | US$ in thousands | 8,643,000 | 8,696,000 | 9,321,000 | 8,352,000 | 7,418,000 |
| Net profit margin | 11.79% | 10.55% | 11.34% | 8.00% | -7.97% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $1,019,000K ÷ $8,643,000K
= 11.79%
CenterPoint Energy Inc's net profit margin has shown a fluctuating trend over the last five years. The company experienced a negative net profit margin of -7.97% as of December 31, 2020, indicating that the company's expenses exceeded its revenue during that period.
However, there has been a significant improvement in the net profit margin in the following years. By December 31, 2021, the net profit margin turned positive at 8.00%, showing an increase in profitability. This positive momentum continued into the subsequent years, with the net profit margin reaching 11.34% by December 31, 2022, 10.55% by December 31, 2023, and further improving to 11.79% by December 31, 2024.
Overall, the increasing trend in the net profit margin from 2021 to 2024 indicates that CenterPoint Energy Inc's profitability has been on the rise, showcasing better efficiency in managing costs and generating revenue. This improvement suggests that the company has been able to enhance its bottom-line performance and generate more profit relative to its revenue in the recent years.
Peer comparison
Dec 31, 2024