CenterPoint Energy Inc (CNP)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 791,000 | 754,000 | 642,000 | 372,000 |
| Revenue (ttm) | US$ in thousands | 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 | 8,630,000 | 8,713,000 | 8,775,000 | 8,581,000 | 9,135,000 | 9,663,000 |
| Net profit margin | 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% | -7.73% | -6.62% | 9.01% | 8.79% | 7.03% | 3.85% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $917,000K ÷ $8,696,000K
= 10.55%
Centerpoint Energy Inc.'s net profit margin has shown a downward trend over the past few quarters, declining from 10.81% in Q4 2022 to 9.97% in Q4 2023. This decrease indicates that the company is generating lower net profit for every dollar of revenue. The net profit margin peaked at 18.65% in Q1 2022 before gradually decreasing in subsequent quarters. Compared to the same quarter in the previous year, the net profit margin has significantly decreased, reflecting a potential decrease in profitability or an increase in expenses. Further analysis of the company's financial performance and operational efficiency is recommended to determine the reasons behind the declining net profit margin.
Peer comparison
Dec 31, 2023