NRG Energy Inc. (NRG)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 384,000 | -1,770,000 | -2,175,000 | -1,951,000 | 2,018,000 | 2,856,000 | 5,019,000 | 5,822,000 | 3,341,000 | 3,804,000 | 1,878,000 | 805,000 | 1,105,000 | 1,330,000 | 1,477,000 | 1,313,000 | 1,290,000 | 1,130,000 | 988,000 | 842,000 |
| 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 |
| Operating profit margin | 1.33% | -5.93% | -7.15% | -6.22% | 6.40% | 9.29% | 17.41% | 21.73% | 12.38% | 17.31% | 10.34% | 5.31% | 12.15% | 14.36% | 15.63% | 13.57% | 13.14% | 11.75% | 10.31% | 8.79% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $384,000K ÷ $28,823,000K
= 1.33%
The operating profit margin of NRG Energy Inc. has shown a declining trend in recent quarters. In Q4 2023, the operating profit margin was at -3.64%, indicating that the company's operating expenses exceeded its operating revenues. This followed a similar negative trend in the previous three quarters, with operating profit margins of -6.07%, -7.25%, and -5.96% in Q3, Q2, and Q1 2023, respectively.
Comparing these figures to the same quarters in 2022, we can observe a significant deterioration in performance. In Q4 2022, NRG Energy Inc. had a relatively healthy operating profit margin of 7.05%, which progressively declined to 9.87%, 17.98%, and 23.08% in Q3, Q2, and Q1 2022, respectively.
The consistent decline in the operating profit margin over the past year raises concerns about the company's ability to effectively manage its operating expenses and generate sufficient revenue from its core operations. Investors and stakeholders may need to closely monitor NRG Energy Inc.'s operational efficiency and profitability in the coming quarters to assess its financial health and sustainability.
Peer comparison
Dec 31, 2023