Public Service Enterprise Group Inc (PEG)
Net profit margin
| Dec 31, 2024 | Sep 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,884,000 | 1,737,000 | 1,808,000 | 2,563,000 | 2,805,000 | 2,780,000 | 2,320,000 | 1,031,000 | 688,000 | -990,000 | -1,298,000 | -648,000 | -662,000 | 1,477,000 | 2,105,000 | 1,905,000 | 1,911,000 | 1,739,000 | 1,441,000 | 1,693,000 |
| Revenue (ttm) | US$ in thousands | 10,472,000 | 10,463,000 | 10,242,000 | 11,237,000 | 11,771,000 | 11,587,000 | 11,242,000 | 9,800,000 | 9,717,000 | 9,348,000 | 9,146,000 | 9,722,000 | 9,068,000 | 9,535,000 | 9,711,000 | 9,603,000 | 9,679,000 | 9,611,000 | 9,877,000 | 10,076,000 |
| Net profit margin | 17.99% | 16.60% | 17.65% | 22.81% | 23.83% | 23.99% | 20.64% | 10.52% | 7.08% | -10.59% | -14.19% | -6.67% | -7.30% | 15.49% | 21.68% | 19.84% | 19.74% | 18.09% | 14.59% | 16.80% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,884,000K ÷ $10,472,000K
= 17.99%
The net profit margin of Public Service Enterprise Group Inc has exhibited fluctuations over the years, indicating variability in the company's profitability.
During the period from December 31, 2019, to June 30, 2021, the net profit margin generally showed an increasing trend, reaching its peak at 21.68% on March 31, 2021. This upward trajectory suggested effective cost management and revenue generation strategies during this time frame.
However, the net profit margin took a significant downturn from September 30, 2021, to June 30, 2022, with negative margins observed in the last quarter of 2021 and the first two quarters of 2022. These negative margins may indicate operational challenges or one-time expenses impacting the company's bottom line profitability.
Subsequently, from September 30, 2022, to December 31, 2024, the net profit margin showed signs of recovery, gradually increasing and stabilizing around 17-24%. This recovery phase suggests that the company may have implemented corrective measures to improve profitability and financial performance.
Overall, the analysis of the net profit margin indicates that Public Service Enterprise Group Inc has experienced both periods of growth and challenges in maintaining profitability. Continued monitoring and strategic financial management will be crucial for the company to ensure sustained and consistent profitability in the future.
Peer comparison
Dec 31, 2024