Public Service Enterprise Group Inc (PEG)

Net profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	1,772,000	2,563,000	1,031,000	-648,000	1,905,000
Revenue	US$ in thousands	10,290,000	11,237,000	9,800,000	9,722,000	9,603,000
Net profit margin		17.22%	22.81%	10.52%	-6.67%	19.84%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $1,772,000K ÷ $10,290,000K
= 17.22%

Public Service Enterprise Group Inc's net profit margin has shown variability over the years based on the data provided. In December 2020, the company had a robust net profit margin of 19.84%, indicating that for every dollar of revenue generated, the company retained approximately $0.1984 as profit.

However, in December 2021, the net profit margin turned negative at -6.67%, suggesting that the company incurred losses during that period. This could be a cause for concern as it indicates that expenses exceeded revenues, leading to a negative profitability ratio.

By December 2022, Public Service Enterprise Group Inc was able to improve its net profit margin to 10.52%, showing a recovery in profitability. This improvement indicates that the company was able to control costs and increase profitability compared to the previous year.

In December 2023, the net profit margin increased significantly to 22.81%, reflecting a strong profitability performance. This could be a result of effective cost management, revenue growth, or operational efficiencies implemented by the company during that period.

Finally, in December 2024, the net profit margin slightly decreased to 17.22%, but it remained at a healthy level, indicating that the company was still able to generate profits relative to its revenue during that year.

Overall, Public Service Enterprise Group Inc's net profit margin has shown fluctuations over the years, with both positive and negative trends. Monitoring this ratio is crucial for evaluating the company's profitability and financial health.