NRG Energy Inc. (NRG)

Gross 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
Gross profit (ttm)	US$ in thousands	-695,000	-1,472,000	-2,020,000	-1,969,000	2,155,000	2,909,000	5,168,000	6,539,000	5,143,000	6,523,000	4,700,000	3,218,000	2,553,000	2,682,000	2,750,000	2,566,000	2,518,000	2,373,000	2,252,000	2,204,000
Revenue (ttm)	US$ in thousands	28,823,000	29,871,000	30,435,000	31,369,000	31,543,000	30,734,000	28,833,000	26,794,000	26,989,000	21,970,000	18,170,000	15,165,000	9,093,000	9,261,000	9,448,000	9,675,000	9,821,000	9,618,000	9,582,000	9,578,000
Gross profit margin		-2.41%	-4.93%	-6.64%	-6.28%	6.83%	9.47%	17.92%	24.40%	19.06%	29.69%	25.87%	21.22%	28.08%	28.96%	29.11%	26.52%	25.64%	24.67%	23.50%	23.01%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $-695,000K ÷ $28,823,000K
= -2.41%

The gross profit margin of NRG Energy Inc. has shown a decreasing trend over the last eight quarters, starting at 30.36% in Q1 2022 and dropping to 7.10% in Q4 2023. This declining trend indicates a decrease in the percentage of revenue retained after accounting for the cost of goods sold, signifying potential challenges in managing production or procurement costs. The recent figures suggest a potential need for the company to closely monitor and optimize its cost structure to improve profitability moving forward.