Nextera Energy Inc (NEE)
Gross 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 13,502,000 | 14,936,000 | 14,489,000 | 17,098,000 | 17,978,000 | 16,963,000 | 16,102,000 | 13,856,000 | 10,139,000 | 9,491,000 | 8,007,000 | 7,348,000 | 8,614,000 | 8,314,000 | 8,989,000 | 9,600,000 | 10,731,000 | 10,780,000 | 11,471,000 | 11,898,000 |
| Revenue (ttm) | US$ in thousands | 24,797,000 | 26,290,000 | 25,895,000 | 27,130,000 | 28,115,000 | 27,401,000 | 26,948,000 | 24,782,000 | 20,956,000 | 19,838,000 | 17,489,000 | 16,233,000 | 17,069,000 | 16,418,000 | 16,833,000 | 17,110,000 | 17,997,000 | 18,190,000 | 18,977,000 | 19,743,000 |
| Gross profit margin | 54.45% | 56.81% | 55.95% | 63.02% | 63.94% | 61.91% | 59.75% | 55.91% | 48.38% | 47.84% | 45.78% | 45.27% | 50.47% | 50.64% | 53.40% | 56.11% | 59.63% | 59.26% | 60.45% | 60.26% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $13,502,000K ÷ $24,797,000K
= 54.45%
Nextera Energy Inc's gross profit margin has displayed fluctuations over the period analyzed. It started at a high of 60.26% in March 2020, gradually increasing to 60.45% by June 2020. However, there was a slight decline in the following quarters, with the margin dropping to 59.26% in September 2020 and 59.63% in December 2020.
The trend of declining gross profit margin continued into the first half of 2021, reaching 56.11% in March 2021 and falling further to 53.40% by June 2021. The margin stabilized briefly in the next two quarters, hovering around 50%, only to rebound to 55.91% in March 2023.
From that point onwards, Nextera Energy Inc witnessed a consistent improvement in its gross profit margin, reaching peaks of 63.94% in December 2023 and 63.02% in March 2024. Despite a slight dip in the following quarter to 55.95%, the margin recovered to an upward trend, closing at 54.45% in December 2024.
Overall, the analysis shows a mix of fluctuations and recovery in Nextera Energy Inc's gross profit margin over the period, signaling the company's ability to manage costs and generate higher revenues relative to the cost of goods sold.
Peer comparison
Dec 31, 2024