Consolidated Edison Inc (ED)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,820,000 | 2,519,000 | 1,660,000 | 1,346,000 | 1,101,000 |
| Revenue | US$ in thousands | 15,256,000 | 14,663,000 | 15,670,000 | 13,676,000 | 12,246,000 |
| Net profit margin | 11.93% | 17.18% | 10.59% | 9.84% | 8.99% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $1,820,000K ÷ $15,256,000K
= 11.93%
Consolidated Edison Inc's net profit margin has shown an upward trend from 2020 to 2023, increasing steadily from 8.99% to 17.18%. This improvement indicates that the company has been effectively managing its expenses relative to its revenue, resulting in a higher proportion of net income generated from each dollar of sales.
However, there was a slight decrease in the net profit margin in 2024 to 11.93%, which could be attributed to various factors such as changes in costs, revenue fluctuations, or one-time expenses.
Overall, the increasing trend in net profit margin up to 2023 is a positive indicator of the company's profitability and efficiency in generating earnings. Monitoring this ratio over time can provide valuable insights into Consolidated Edison Inc's financial performance and management effectiveness.
Peer comparison
Dec 31, 2024