NiSource Inc (NI)
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 | 8,143,400 | 3,102,800 | 3,048,200 | 2,970,500 | 2,899,200 | 3,008,500 | 2,950,100 | 2,922,100 | 2,875,300 | 2,808,400 | 2,786,900 | 2,744,200 | 2,640,900 | 3,567,200 | 3,783,700 | 4,055,200 | 4,681,700 | 4,867,900 | 4,896,900 | 4,944,600 |
| Revenue (ttm) | US$ in thousands | 9,150,200 | 4,601,300 | 4,552,400 | 4,557,700 | 4,817,400 | 5,278,400 | 5,340,500 | 5,433,700 | 5,341,000 | 5,038,000 | 4,907,900 | 4,710,700 | 4,383,000 | 3,824,700 | 3,767,800 | 3,744,500 | 3,804,400 | 5,272,200 | 5,301,200 | 5,348,900 |
| Gross profit margin | 89.00% | 67.43% | 66.96% | 65.18% | 60.18% | 57.00% | 55.24% | 53.78% | 53.83% | 55.74% | 56.78% | 58.25% | 60.25% | 93.27% | 100.42% | 108.30% | 123.06% | 92.33% | 92.37% | 92.44% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $8,143,400K ÷ $9,150,200K
= 89.00%
NiSource Inc's gross profit margin has exhibited fluctuations over the periods outlined in the data. From March 31, 2020, to June 30, 2021, the company maintained a high and relatively stable gross profit margin, ranging from 92.44% to 100.42%. However, a significant increase was observed on December 31, 2020, where the gross profit margin surged to 123.06%.
The trend then shifted, with a notable decline starting from September 30, 2021, when the gross profit margin fell to 93.27%. This downward trend continued through December 31, 2022, reaching a low of 53.83%. From this point, there was a slight recovery in the gross profit margin, albeit experiencing some fluctuations, until September 30, 2024.
The most recent data point on gross profit margin, as of December 31, 2024, stood at 89.00%, representing an improvement compared to previous periods but still lower than the earlier high levels seen before September 2021.
Overall, the gross profit margin trend for NiSource Inc shows variability and demonstrates the impact of changes in the company's cost of goods sold and revenue generation on its profitability.
Peer comparison
Dec 31, 2024