Northwest Natural Gas Co (NWN)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 109,942 | 126,230 | 115,433 | 106,072 | 91,355 |
| Revenue | US$ in thousands | 1,152,990 | 1,197,480 | 1,037,350 | 860,400 | 773,679 |
| Pretax margin | 9.54% | 10.54% | 11.13% | 12.33% | 11.81% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $109,942K ÷ $1,152,990K
= 9.54%
The pretax margin of Northwest Natural Gas Co has shown some fluctuations over the past five years. It increased from 11.81% in 2020 to 12.33% in 2021, indicating improved profitability before taxes. However, there was a slight decline to 11.13% in 2022, followed by a more noticeable decrease to 10.54% in 2023. The pretax margin further dropped to 9.54% by the end of 2024. These declines suggest the company may be facing challenges in maintaining its profitability levels. Further analysis of the company's cost structure and revenue generation may be warranted to understand the factors influencing these trends.
Peer comparison
Dec 31, 2024