Northwest Natural Gas Co (NWN)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 78,871 | 93,868 | 86,303 | 78,666 | 76,781 |
| Revenue | US$ in thousands | 1,152,990 | 1,197,480 | 1,037,350 | 860,400 | 773,679 |
| Net profit margin | 6.84% | 7.84% | 8.32% | 9.14% | 9.92% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $78,871K ÷ $1,152,990K
= 6.84%
The net profit margin of Northwest Natural Gas Co has shown a gradual decline over the past five years, decreasing from 9.92% as of December 31, 2020, to 6.84% by December 31, 2024. This trend indicates that the company's ability to convert revenue into profit has weakened over time. A declining net profit margin could signal challenges such as increasing expenses relative to sales or a decrease in overall profitability. It is important for the company to closely monitor and address the factors contributing to this decline to ensure long-term financial sustainability and profitability.
Peer comparison
Dec 31, 2024