PG&E Corp (PCG)

Net profit margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Net income (ttm) US$ in thousands 2,512,000 2,761,000 2,533,000 2,419,000 2,256,000 1,850,000 1,958,000 1,908,000 1,814,000 1,773,000 226,000 267,000 -88,000 -360,000 814,000 -1,555,000 -1,304,000 -5,121,000 -6,823,000 -7,404,000
Revenue (ttm) US$ in thousands 24,419,000 24,829,000 24,776,000 24,080,000 24,428,000 22,757,000 22,263,000 22,091,000 21,680,000 21,556,000 21,627,000 21,724,000 20,642,000 20,988,000 20,014,000 19,133,000 18,469,000 17,835,000 17,724,000 17,273,000
Net profit margin 10.29% 11.12% 10.22% 10.05% 9.24% 8.13% 8.79% 8.64% 8.37% 8.23% 1.04% 1.23% -0.43% -1.72% 4.07% -8.13% -7.06% -28.71% -38.50% -42.86%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $2,512,000K ÷ $24,419,000K
= 10.29%

PG&E Corp's net profit margin has shown a significant improvement over the years based on the provided data. Starting from negative figures in March 2020, indicating losses exceeding revenue, the company gradually improved its performance. By June 2021, PG&E Corp achieved a positive net profit margin of 4.07%, indicating that the company was able to generate profit from its operations.

Subsequently, the net profit margin fluctuated but generally trended upwards, reaching 10.22% by June 2024. This indicates that PG&E Corp was effectively controlling its expenses and increasing its profitability relative to its revenue during this period.

Overall, the positive trend in net profit margin reflects improvements in PG&E Corp's operational efficiency and financial performance, showcasing its ability to generate more profit from its business activities over time.