Eversource Energy (ES)

Operating 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
Operating income (ttm) US$ in thousands 2,705,710 2,619,419 2,537,572 2,495,736 2,399,336 2,363,026 2,389,766 2,284,673 2,198,155 2,148,735 2,074,773 2,070,809 1,993,322 1,975,232 2,053,131 2,035,181 1,988,733 1,969,570 1,917,578 1,634,911
Revenue (ttm) US$ in thousands 11,900,810 11,623,520 11,351,780 11,447,600 11,910,660 12,246,200 12,670,360 12,613,660 12,289,330 11,741,500 10,987,060 10,536,960 9,891,490 9,643,510 9,525,950 9,356,540 8,904,430 8,720,890 8,553,050 8,484,420
Operating profit margin 22.74% 22.54% 22.35% 21.80% 20.14% 19.30% 18.86% 18.11% 17.89% 18.30% 18.88% 19.65% 20.15% 20.48% 21.55% 21.75% 22.33% 22.58% 22.42% 19.27%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $2,705,710K ÷ $11,900,810K
= 22.74%

The operating profit margin of Eversource Energy has been relatively stable over the analyzed period, ranging from 17.89% to 22.74%. The company experienced a slight decline in operating profit margin during the first half of 2022, reaching a low of 18.30% on September 30, 2022. However, the margin gradually improved thereafter, showing an upward trend.

The highest operating profit margin was recorded on December 31, 2024, at 22.74%. This indicates that Eversource Energy was able to effectively control its operating expenses and generate a higher proportion of operating income compared to its revenue in that period.

Overall, Eversource Energy's operating profit margin performance demonstrates the company's ability to effectively manage its operations and generate profits relative to its operating costs. Investors and stakeholders may find the consistent operating profit margins as a positive indicator of the company's operational efficiency and profitability over time.