CenterPoint Energy Inc (CNP)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,990,000 | 1,760,000 | 1,566,000 | 1,363,000 | -168,000 |
| Revenue | US$ in thousands | 8,643,000 | 8,696,000 | 9,321,000 | 8,352,000 | 7,418,000 |
| Operating profit margin | 23.02% | 20.24% | 16.80% | 16.32% | -2.26% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,990,000K ÷ $8,643,000K
= 23.02%
CenterPoint Energy Inc's operating profit margin has shown a significant improvement over the years based on the provided data. Starting at a negative margin of -2.26% as of December 31, 2020, the company's profitability has steadily increased. By December 31, 2024, the operating profit margin had risen to a healthy 23.02%.
This upward trend indicates that CenterPoint Energy has effectively managed its operating expenses in relation to its revenue, resulting in a more efficient operation and stronger profitability. The company's ability to increase its operating profit margin over the years suggests improved operational efficiency and potentially better control over costs. Overall, the positive trend in operating profit margin is a favorable indication of CenterPoint Energy's financial performance and management effectiveness.
Peer comparison
Dec 31, 2024