Nextera Energy Inc (NEE)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 17,019,000 | 17,976,000 | 10,139,000 | 8,589,000 | 10,707,000 |
| Revenue | US$ in thousands | 17,019,000 | 28,114,000 | 20,956,000 | 17,069,000 | 17,997,000 |
| Gross profit margin | 100.00% | 63.94% | 48.38% | 50.32% | 59.49% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $17,019,000K ÷ $17,019,000K
= 100.00%
Nextera Energy Inc's gross profit margin has shown fluctuating trends over the past five years, reflecting variations in the company's cost of goods sold and revenues. The margin declined from 59.49% in December 2020 to 50.32% in December 2021, indicating a decrease in profitability during that period. In the following year, the margin decreased further to 48.38%, signaling potential challenges in managing production costs or pricing strategies.
However, there was a significant improvement in December 2023, with the gross profit margin reaching 63.94%, suggesting a more efficient cost structure or increased revenue generation. The most recent data point of 100.00% in December 2024 indicates that the company was able to achieve a gross profit margin equivalent to 100% of its revenue, which is an outstanding performance.
Overall, the trend in Nextera Energy Inc's gross profit margin highlights the importance of monitoring cost efficiency and revenue generation strategies to sustain and enhance profitability in the energy industry.
Peer comparison
Dec 31, 2024