Northwest Natural Gas Co (NWN)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 191,142 | 184,941 | 167,477 | 163,117 | 148,351 |
| Revenue | US$ in thousands | 1,152,990 | 1,197,480 | 1,037,350 | 860,400 | 773,679 |
| Operating profit margin | 16.58% | 15.44% | 16.14% | 18.96% | 19.17% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $191,142K ÷ $1,152,990K
= 16.58%
The operating profit margin of Northwest Natural Gas Co has shown a gradual decline from 19.17% as of December 31, 2020, to 16.58% as of December 31, 2024. While the company experienced a slight decrease in 2021 and 2022, the most significant drop was observed between 2022 and 2023, falling from 16.14% to 15.44%. Despite a slight recovery in 2024, the overall trend indicates a diminishing operating profit margin over the five-year period. This trend suggests that the company may be facing challenges in maintaining profitability relative to its operating costs. Further analysis of the company's cost structure and revenue generation may provide insights into the factors driving this decline in operating profit margin.
Peer comparison
Dec 31, 2024