FirstEnergy Corporation (FE)
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 | 978,000 | 892,000 | 873,000 | 1,063,000 | 1,102,000 | 542,000 | 476,000 | 428,000 | 424,000 | 1,236,000 | 1,365,000 | 1,236,000 | 1,283,000 | 1,098,000 | 1,089,000 | 1,340,000 | 1,079,000 | 726,000 | 663,000 | 662,000 |
| Revenue (ttm) | US$ in thousands | 13,472,000 | 13,442,000 | 13,200,000 | 12,926,000 | 12,870,000 | 12,901,000 | 12,889,000 | 12,701,000 | 12,459,000 | 11,942,000 | 11,591,000 | 11,395,000 | 11,132,000 | 11,009,000 | 10,907,000 | 10,807,000 | 10,790,000 | 10,926,000 | 10,867,000 | 10,861,000 |
| Net profit margin | 7.26% | 6.64% | 6.61% | 8.22% | 8.56% | 4.20% | 3.69% | 3.37% | 3.40% | 10.35% | 11.78% | 10.85% | 11.53% | 9.97% | 9.98% | 12.40% | 10.00% | 6.64% | 6.10% | 6.10% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $978,000K ÷ $13,472,000K
= 7.26%
FirstEnergy Corporation's net profit margin has shown fluctuating trends over the periods provided in the data set. The net profit margin represents the percentage of revenue that turns into profit after all expenses are deducted.
From March 31, 2020, to December 31, 2021, the net profit margin exhibited a general increasing trend, starting at 6.10% and reaching a peak of 12.40% in March 31, 2021. This upward trend indicated an improvement in the company's ability to convert revenue into profit during this period.
However, from March 31, 2022, to December 31, 2024, the net profit margin experienced a decline, with fluctuations in the percentages reported. For instance, there was a significant drop from 11.78% in June 30, 2022, to 3.40% in December 31, 2022. This decline might suggest challenges or inefficiencies impacting the company's profitability during these periods.
The net profit margin recovered slightly in the following quarters, with figures ranging from 3.37% in March 31, 2023, to 8.22% in March 31, 2024. However, the margin remained somewhat volatile, with fluctuations between 3.37% and 8.56% in subsequent quarters.
Overall, analyzing the net profit margin can provide insights into FirstEnergy Corporation's profitability trends and efficiency in managing expenses to generate profit. The fluctuations observed in the net profit margin indicate the changing financial performance of the company over the specified periods.
Peer comparison
Dec 31, 2024