Eversource Energy (ES)

Net profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	-429,056	1,173,928	1,183,674	1,460,114	1,412,401	1,398,935	1,332,692	1,305,350	1,228,047	1,193,286	1,256,380	1,244,092	1,212,702	1,190,785	1,163,409	942,631	916,556	897,856	868,392	1,079,658
Revenue (ttm)	US$ in thousands	11,910,680	12,246,180	12,670,280	12,613,580	12,289,250	11,741,430	10,958,630	10,508,490	9,863,020	9,615,070	9,525,870	9,356,470	8,904,330	8,720,800	8,553,000	8,484,400	8,526,500	8,511,000	8,606,600	8,576,000
Net profit margin		-3.60%	9.59%	9.34%	11.58%	11.49%	11.91%	12.16%	12.42%	12.45%	12.41%	13.19%	13.30%	13.62%	13.65%	13.60%	11.11%	10.75%	10.55%	10.09%	12.59%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-429,056K ÷ $11,910,680K
= -3.60%

Eversource Energy's net profit margin fluctuated over the past eight quarters, ranging from -3.71% to 12.35%. In Q1 of 2022, the net profit margin was at its highest level of 12.35%, gradually declining to the lowest point of -3.71% in Q4 of 2023. Overall, the trend indicates some variability in profitability over time, which could be attributed to factors such as changes in operating expenses, revenues, or one-time events impacting earnings. Further analysis of the company's financial performance and operational efficiency would provide additional insights into the drivers behind these fluctuations.