Chesapeake Utilities Corporation (CPK)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 87,212 | 89,796 | 83,466 | 71,498 | 65,153 |
| Revenue | US$ in thousands | 670,604 | 680,704 | 569,968 | 488,198 | 479,605 |
| Net profit margin | 13.00% | 13.19% | 14.64% | 14.65% | 13.58% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $87,212K ÷ $670,604K
= 13.00%
The net profit margin of Chesapeake Utilities Corp has shown relative stability over the past five years. Ranging from 13.00% to 14.65%, the company has consistently maintained a healthy level of profitability compared to its revenue. The slight fluctuations in the net profit margin indicate the company's ability to manage its expenses effectively while generating earnings. Overall, Chesapeake Utilities Corp's net profit margin reflects a consistent performance in converting its revenue into profits.
Peer comparison
Dec 31, 2023
Company name
Symbol
Net profit margin
Chesapeake Utilities Corporation
CPK
13.00%
ONEOK Inc
OKE
15.82%
Southwest Gas Holdings Inc
SWX
2.78%