Chesapeake Utilities Corporation (CPK)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 118,600 | 87,212 | 89,796 | 83,466 | 71,498 |
| Revenue | US$ in thousands | 787,200 | 670,604 | 680,704 | 569,968 | 488,198 |
| Net profit margin | 15.07% | 13.00% | 13.19% | 14.64% | 14.65% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $118,600K ÷ $787,200K
= 15.07%
The net profit margin of Chesapeake Utilities Corporation has showcased a relatively consistent performance over the past five years. In December 2020 and 2021, the company's net profit margin stood at 14.65% and 14.64%, respectively, indicating a stable profitability level. However, in the subsequent years, namely 2022 and 2023, there was a slight decline in profitability with net profit margins of 13.19% and 13.00%, respectively.
It is worth noting that in December 2024, Chesapeake Utilities Corporation experienced a significant improvement in its net profit margin, which rose to 15.07%. This upturn suggests a potential enhancement in the company's efficiency in managing costs and generating profits during that period.
Overall, the fluctuation in net profit margin over the years indicates the company's ability to adapt to changing market conditions and operational challenges, further highlighting the importance of closely monitoring and analyzing financial performance metrics to assess sustainability and profitability.
Peer comparison
Dec 31, 2024