Eversource Energy (ES)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 2,705,710 | 2,399,340 | 2,198,150 | 1,993,320 | 1,988,730 |
| Revenue | US$ in thousands | 11,900,800 | 11,910,700 | 12,289,300 | 9,863,080 | 8,904,430 |
| Operating profit margin | 22.74% | 20.14% | 17.89% | 20.21% | 22.33% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $2,705,710K ÷ $11,900,800K
= 22.74%
Eversource Energy's operating profit margin has shown some fluctuations over the past five years. Starting at 22.33% on December 31, 2020, the margin dropped to 20.21% by December 31, 2021, indicating a slight decrease. However, the margin saw a more significant decline to 17.89% by December 31, 2022, potentially reflecting challenges in managing operating costs efficiently.
There was a rebound in the operating profit margin to 20.14% by December 31, 2023, suggesting that the company may have implemented strategies to improve profitability. The most recent data point on December 31, 2024, shows a further increase to 22.74%, indicating a strong performance in managing operating expenses and generating income from core operations.
Overall, the trend in Eversource Energy's operating profit margin shows some volatility, with periods of both decline and improvement. It is essential for the company to continue monitoring and optimizing its operating efficiency to ensure sustainable profitability in the long term.
Peer comparison
Dec 31, 2024