Northwest Natural Gas Co (NWN)

Pretax 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
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 126,230 130,757 136,391 137,089 115,433 105,819 104,382 101,196 106,072 117,292 121,799 116,276 97,863 76,251 75,882 84,126 74,377 78,776
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
Pretax margin 10.54% 10.74% 11.44% 11.93% 11.13% 11.07% 11.10% 11.31% 12.33% 14.19% 14.88% 14.45% 12.65% 10.02% 10.01% 11.27% 9.97% 10.85%

December 31, 2023 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $126,230K ÷ $1,197,475K
= 10.54%

Northwest Natural Holding Co's pretax margin has shown relatively stable performance over the past eight quarters, ranging from 10.54% to 11.93%. The company's ability to generate profits before taxes has been consistent, with the margin fluctuating within a narrow band. This indicates that Northwest Natural Holding Co has effectively managed its operating expenses and cost structure to maintain profitability levels. The trend also suggests a certain level of efficiency in revenue generation and cost control measures. However, a closer examination may be warranted to assess the underlying factors influencing the pretax margin and to identify potential areas for improvement.


Peer comparison

Dec 31, 2023