NRG Energy Inc. (NRG)
Net profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 1,125,000 | -202,000 | 1,221,000 | 2,187,000 | 510,000 |
Revenue | US$ in thousands | 28,130,000 | 28,823,000 | 31,543,000 | 26,989,000 | 9,093,000 |
Net profit margin | 4.00% | -0.70% | 3.87% | 8.10% | 5.61% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $1,125,000K ÷ $28,130,000K
= 4.00%
The net profit margin of NRG Energy Inc. has shown fluctuations over the years. It increased from 5.61% as of December 31, 2020, to 8.10% as of December 31, 2021, indicating a positive trend in profitability. However, there was a decline in the net profit margin to 3.87% by December 31, 2022, followed by a significant decrease to -0.70% by December 31, 2023, indicating a loss in profitability.
Subsequently, there was a recovery as the net profit margin improved to 4.00% by December 31, 2024. It is essential for NRG Energy Inc. to closely monitor and analyze the factors affecting its profitability to ensure sustainable financial performance and make strategic decisions to enhance profitability in the future.
Peer comparison
Dec 31, 2024