NRG Energy Inc. (NRG)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 6,030,000 | 2,297,000 | 4,097,000 | 6,507,000 | 2,553,000 |
| Revenue | US$ in thousands | 28,130,000 | 28,823,000 | 31,543,000 | 26,989,000 | 9,093,000 |
| Gross profit margin | 21.44% | 7.97% | 12.99% | 24.11% | 28.08% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $6,030,000K ÷ $28,130,000K
= 21.44%
Analyzing NRG Energy Inc.'s gross profit margin trend reveals fluctuations over the past five years. Starting at 28.08% on December 31, 2020, the gross profit margin declined to 24.11% by December 31, 2021. This decrease continued in the subsequent years, with significant drops to 12.99% on December 31, 2022, and further down to 7.97% by December 31, 2023, indicating potential operational challenges or inefficiencies.
However, there was a notable improvement in performance by December 31, 2024, as the gross profit margin rebounded to 21.44%. This positive turnaround could signify successful cost management strategies, price adjustments, or operational enhancements that contributed to the improved profitability.
Overall, the analysis suggests that NRG Energy Inc. experienced a mixed performance in its gross profit margin, facing challenges in maintaining profitability in some years but showing resilience and recovery in others. Further examination of the company's financial and operational strategies may provide deeper insights into the factors influencing these fluctuations.
Peer comparison
Dec 31, 2024