Northwest Natural Gas Co (NWN)

Net 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
Net income (ttm)	US$ in thousands	93,868	97,164	101,264	101,735	86,303	78,895	77,827	75,388	78,666	90,185	92,928	88,800	76,781	61,474	60,085	66,032	61,735	60,819
Revenue (ttm)	US$ in thousands	1,197,475	1,217,014	1,192,374	1,149,475	1,037,353	956,190	940,798	894,755	860,400	826,583	818,420	804,474	773,679	760,680	757,713	746,185	746,382	725,810
Net profit margin		7.84%	7.98%	8.49%	8.85%	8.32%	8.25%	8.27%	8.43%	9.14%	10.91%	11.35%	11.04%	9.92%	8.08%	7.93%	8.85%	8.27%	8.38%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $93,868K ÷ $1,197,475K
= 7.84%

Northwest Natural Holding Co's net profit margin has shown a consistent trend over the past four quarters, ranging from 7.84% to 8.85%. The net profit margin measures the company's profitability by indicating how much of each dollar in revenue translates into profit after all expenses are deducted.

Although there have been fluctuations quarter over quarter, the company has generally maintained a healthy net profit margin above 7.5%. This indicates that Northwest Natural Holding Co is effectively managing its expenses and generating a reasonable level of profit relative to its revenue.

It is notable that the net profit margin was highest in Q1 2023 at 8.85%, suggesting a strong performance during that period. Overall, the company's consistent profitability levels demonstrate its ability to control costs and operate efficiently to generate profits. Further analysis of the underlying factors driving these margins may provide insights into the company's financial performance and future prospects.