Consolidated Edison Inc (ED)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,820,000 | 1,844,000 | 1,782,000 | 1,806,000 | 2,519,000 | 2,375,000 | 2,462,000 | 2,491,000 | 1,660,000 | 1,694,000 | 1,619,000 | 1,529,000 | 1,346,000 | 1,165,000 | 1,120,000 | 1,145,000 | 1,101,000 | 1,353,000 | 1,392,000 | 1,354,000 |
| Revenue (ttm) | US$ in thousands | 15,261,000 | 15,036,000 | 14,816,000 | 14,540,000 | 14,663,000 | 15,250,000 | 15,543,000 | 16,014,000 | 15,671,000 | 15,055,000 | 14,503,000 | 14,059,000 | 13,676,000 | 13,221,000 | 12,941,000 | 12,689,000 | 12,246,000 | 12,237,000 | 12,269,000 | 11,881,000 |
| Net profit margin | 11.93% | 12.26% | 12.03% | 12.42% | 17.18% | 15.57% | 15.84% | 15.56% | 10.59% | 11.25% | 11.16% | 10.88% | 9.84% | 8.81% | 8.65% | 9.02% | 8.99% | 11.06% | 11.35% | 11.40% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,820,000K ÷ $15,261,000K
= 11.93%
Consolidated Edison Inc's net profit margin has shown some fluctuations over the period from March 31, 2020, to December 31, 2024. The net profit margin started at 11.40% in March 2020 and dipped slightly to 9.84% by December 2021. This decline continued through June 2022, reaching 8.65%. However, there was a gradual improvement in the net profit margin from September 2022 to March 2024, where it ranged from 10.59% to 17.18%.
The net profit margin indicates the company's profitability after accounting for all expenses. A higher net profit margin suggests that the company is efficient in managing its costs and generating profits from its operations. The peak net profit margin of 17.18% in December 2023 indicates a strong performance in that period.
It is essential for Consolidated Edison Inc to monitor its net profit margin consistently to ensure sustainable profitability and long-term growth. Management should focus on strategies to control costs, increase revenues, and optimize operational efficiency to maintain a healthy net profit margin.
Peer comparison
Dec 31, 2024