NorthWestern Corporation (NWE)
Gross profit margin
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | ||
---|---|---|---|---|
Gross profit (ttm) | US$ in thousands | 1,407,248 | 1,389,791 | 1,371,289 |
Revenue (ttm) | US$ in thousands | 1,513,898 | 1,496,441 | 1,472,370 |
Gross profit margin | 92.96% | 92.87% | 93.13% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,407,248K ÷ $1,513,898K
= 92.96%
NorthWestern Corporation's gross profit margin has remained consistently high over the period in question. In June 30, 2024, the gross profit margin was 93.13%, indicating that for every dollar of revenue, the company retained $0.9313 as gross profit after accounting for the cost of goods sold. This strong performance was sustained in the following quarters, with margins of 92.87% in September 30, 2024, and 92.96% in December 31, 2024.
The high gross profit margins demonstrate NorthWestern Corporation's ability to effectively manage its production and operational costs relative to its revenue. This efficiency suggests that the company has effective cost control measures in place and may enjoy pricing power in its industry. Investors and analysts typically view consistently high gross profit margins positively, as they indicate a potentially profitable and well-managed business operation.
Peer comparison
Dec 31, 2024