NiSource Inc (NI)

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	714,300	721,400	702,100	710,300	804,100	725,500	722,900	716,200	584,900	503,400	267,300	202,300	-17,600	-241,300	-61,800	239,800	383,100	510,700	164,600	-107,800
Revenue (ttm)	US$ in thousands	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	5,613,200	5,775,000	5,738,500	5,735,100
Net profit margin		14.83%	13.67%	13.15%	13.07%	15.06%	14.40%	14.73%	15.20%	13.34%	13.16%	7.09%	5.40%	-0.46%	-4.58%	-1.17%	4.48%	6.82%	8.84%	2.87%	-1.88%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $714,300K ÷ $4,817,400K
= 14.83%

NiSource Inc's net profit margin has shown some fluctuations over the periods provided. In Q4 2023, the net profit margin was 12.01%, slightly lower compared to the previous quarter. Despite the decrease, the company's profitability remains relatively strong. Looking back at the past year, the net profit margin has ranged from 10.97% to 12.80%, indicating a level of stability in the company's ability to generate profits from its operations. Overall, NiSource Inc has maintained a healthy level of profitability as indicated by its consistent performance in terms of net profit margin.