Nextera Energy Inc (NEE)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 7,310,000 | 7,622,000 | 8,099,000 | 6,684,000 | 4,147,000 | 3,829,000 | 2,580,000 | 1,456,000 | 3,573,000 | 2,364,000 | 3,146,000 | 4,165,000 | 2,920,000 | 3,900,000 | 3,550,000 | 3,509,000 | 3,768,000 | 3,215,000 | 3,341,000 | 2,888,000 |
| Revenue (ttm) | US$ in thousands | 24,781,000 | 24,918,000 | 24,118,000 | 23,718,000 | 23,036,000 | 22,192,000 | 21,192,000 | 19,992,000 | 19,023,000 | 18,232,000 | 17,732,000 | 17,132,000 | 17,020,000 | 17,353,000 | 17,353,000 | 17,753,000 | 17,619,000 | 17,792,000 | 17,010,000 | 16,034,000 |
| Net profit margin | 29.50% | 30.59% | 33.58% | 28.18% | 18.00% | 17.25% | 12.17% | 7.28% | 18.78% | 12.97% | 17.74% | 24.31% | 17.16% | 22.47% | 20.46% | 19.77% | 21.39% | 18.07% | 19.64% | 18.01% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $7,310,000K ÷ $24,781,000K
= 29.50%
NextEra Energy Inc's net profit margin has shown a generally increasing trend over the past eight quarters, reflecting improved profitability. The company experienced a significant growth in profitability from Q1 2022 to Q2 2023, with the net profit margin increasing from 8.97% to 30.05%. This indicates that NextEra Energy Inc has been effectively managing its expenses and generating stronger revenues relative to its costs over time. The consistently high net profit margins in the most recent quarters suggest the company's ability to efficiently convert its revenues into profits, which may be attributed to effective cost management strategies and revenue growth initiatives. Overall, the improving trend in net profit margin reflects positively on NextEra Energy Inc's financial performance and potential for sustained profitability in the future.
Peer comparison
Dec 31, 2023