CenterPoint Energy Inc (CNP)
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 | 1,019,000 | 963,000 | 1,052,000 | 942,000 | 917,000 | 859,000 | 779,000 | 851,000 | 1,057,000 | 1,577,000 | 1,593,000 | 1,654,000 | 1,486,000 | 1,032,000 | 935,000 | 789,000 | -773,000 | -816,000 | -667,000 | -577,000 |
| 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 |
| Net profit margin | 11.79% | 11.25% | 12.28% | 11.03% | 10.55% | 9.31% | 8.41% | 9.11% | 11.34% | 17.67% | 18.16% | 19.30% | 17.79% | 12.75% | 11.74% | 10.12% | -10.42% | -9.49% | -6.87% | -5.28% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,019,000K ÷ $8,643,000K
= 11.79%
CenterPoint Energy Inc's net profit margin, a key profitability ratio, has shown a mixed trend over the past few years. The company started with negative margins in the first half of 2020, indicating challenges in generating profits relative to its revenues. However, there has been a positive turnaround in the latter part of 2020 and into 2021, with significant improvements in profitability.
From March 2021 to June 2022, the net profit margin steadily increased, reaching a peak of 19.30% in March 2022. This upward trend reflects the company's ability to efficiently control costs and maximize profits relative to its revenue streams during this period.
However, there was a slight dip in profitability in the second half of 2022 and throughout 2023, with the net profit margin ranging between 8.41% and 12.28%. Despite this decrease, the company managed to maintain double-digit margins, indicating a relatively healthy profitability level.
By the end of 2024, CenterPoint Energy Inc's net profit margin stabilized around 11-12%, reflecting a moderate level of profitability compared to the peak in early 2022. The consistent double-digit margins suggest that the company has been able to manage its costs effectively to sustain a reasonable level of profitability.
In conclusion, CenterPoint Energy Inc's net profit margin shows a fluctuating but generally positive trend, demonstrating its ability to generate profits relative to its revenue base, albeit with some variability in performance throughout the period under review.
Peer comparison
Dec 31, 2024