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.
Peer comparison
Dec 31, 2023