Nextera Energy Inc (NEE)

Operating 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
Operating income (ttm)	US$ in thousands	10,237,000	9,623,000	9,649,000	7,798,000	4,081,000	3,390,000	1,907,000	1,469,000	2,913,000	2,498,000	3,127,000	3,803,000	5,115,000	5,053,000	5,638,000	6,199,000	5,353,000	5,582,000	4,957,000	4,356,000
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
Operating profit margin		41.31%	38.62%	40.01%	32.88%	17.72%	15.28%	9.00%	7.35%	15.31%	13.70%	17.63%	22.20%	30.05%	29.12%	32.49%	34.92%	30.38%	31.37%	29.14%	27.17%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $10,237,000K ÷ $24,781,000K
= 41.31%

NextEra Energy Inc's operating profit margin has shown a positive trend over the past eight quarters. The company's operating profit margin has consistently improved from 9.83% in Q1 2022 to 32.67% in Q4 2023. This steady increase indicates that NextEra Energy Inc has been effectively managing its operating expenses relative to its revenue generation. The company's ability to maintain and enhance its operating profit margin suggests operational efficiency and effective cost control measures in place. Overall, the upward trajectory of NextEra Energy Inc's operating profit margin is a positive indicator of the company's financial performance and management effectiveness.