H2O America (HTO)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 93,967 | 84,987 | 73,828 | 60,478 | 61,515 |
| Revenue | US$ in thousands | 748,439 | 670,363 | 620,698 | 573,686 | 564,526 |
| Net profit margin | 12.56% | 12.68% | 11.89% | 10.54% | 10.90% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $93,967K ÷ $748,439K
= 12.56%
The net profit margin of H2O America demonstrates a generally positive trend over the analyzed period from December 31, 2020, to December 31, 2024. Starting at 10.90% in 2020, the margin slightly declined to 10.54% in 2021, indicating a modest decrease in profitability relative to revenue. However, the margin rebounded and increased to 11.89% in 2022, reflecting improved profitability efficiency. This upward trajectory continued into 2023, reaching 12.68%, which signifies a meaningful enhancement in net profitability margins. In 2024, the margin sustained a high level at 12.56%, maintaining its strong performance but slightly decreasing from the previous year. Overall, the data suggests that H2O America's net profit margin has improved over time, with notable growth beginning after 2021, demonstrating enhanced profitability and operational efficiency in recent years.
Peer comparison
Dec 31, 2024