CenterPoint Energy Inc (CNP)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,760,000 | 1,793,000 | 1,659,000 | 1,630,000 | 1,566,000 | 1,548,000 | 1,442,000 | 1,387,000 | 1,363,000 | 1,312,000 | 1,336,000 | 1,275,000 | 1,039,000 | 1,056,000 | 1,111,000 | 1,105,000 | 1,099,000 | 964,000 | 833,000 | 791,000 |
| 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 |
| Operating profit margin | 20.24% | 19.44% | 17.90% | 17.46% | 16.80% | 17.35% | 16.44% | 16.19% | 16.32% | 16.21% | 16.77% | 16.35% | 14.01% | 12.29% | 12.87% | 12.68% | 12.52% | 11.23% | 9.12% | 8.19% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,760,000K ÷ $8,696,000K
= 20.24%
Centerpoint Energy Inc.'s operating profit margin has shown a generally positive trend over the past eight quarters. The margin has consistently improved from 16.19% in Q1 2022 to 20.24% in Q4 2023. This indicates that the company has been effectively managing its expenses relative to its revenue, resulting in a higher proportion of each dollar of revenue being converted into operating profit. The steady increase in operating profit margin suggests that Centerpoint Energy Inc. has been successful in controlling costs and improving operational efficiency over time. This trend is favorable for the company's financial health and may indicate effective management decisions and strategies that have positively impacted profitability.
Peer comparison
Dec 31, 2023