Eversource Energy (ES)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 811,653 | -442,240 | 1,404,880 | 1,220,530 | 1,205,170 |
| Revenue | US$ in thousands | 11,900,800 | 11,910,700 | 12,289,300 | 9,863,080 | 8,904,430 |
| Net profit margin | 6.82% | -3.71% | 11.43% | 12.37% | 13.53% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $811,653K ÷ $11,900,800K
= 6.82%
The net profit margin of Eversource Energy has exhibited a declining trend over the past five years. Starting at 13.53% on December 31, 2020, it decreased to 12.37% by December 31, 2021, and further dropped to 11.43% by December 31, 2022. However, there was a significant negative turn in December 31, 2023, with a net profit margin of -3.71%, indicating the company incurred losses during that period. Subsequently, by December 31, 2024, the net profit margin improved to 6.82%, but it remained below the levels seen in the earlier years of the analysis. This fluctuation in the performance metric suggests that Eversource Energy may have encountered challenges in maintaining profitability, potentially due to various internal and external factors impacting its financial performance.
Peer comparison
Dec 31, 2024