NiSource Inc (NI)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,455,500 | 1,295,500 | 1,265,800 | 1,006,900 | 550,800 |
| Revenue | US$ in thousands | 4,692,400 | 4,817,400 | 5,341,000 | 4,383,000 | 3,804,400 |
| Operating profit margin | 31.02% | 26.89% | 23.70% | 22.97% | 14.48% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,455,500K ÷ $4,692,400K
= 31.02%
NiSource Inc's operating profit margin has shown a positive trend over the years, increasing steadily from 14.48% as of December 31, 2020, to 31.02% as of December 31, 2024. This indicates an improvement in the company's ability to generate profits from its core business operations. The consistent growth in operating profit margin reflects efficient cost management and potentially higher revenue generation relative to operating expenses. It suggests that NiSource Inc has been effectively controlling its costs while increasing its profitability, which is a positive sign for the company's financial health and operational efficiency.
Peer comparison
Dec 31, 2024