Portland General Electric Co (POR)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 228,000 | 233,000 | 244,000 | 155,000 | 214,000 |
| Revenue | US$ in thousands | 2,923,000 | 2,647,000 | 2,396,000 | 2,145,000 | 2,123,000 |
| Net profit margin | 7.80% | 8.80% | 10.18% | 7.23% | 10.08% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $228,000K ÷ $2,923,000K
= 7.80%
Portland General Electric Co's net profit margin has displayed variability over the past five years, with values ranging from 7.23% to 10.18%. The net profit margin decreased from 10.08% in 2019 to 7.23% in 2020. However, it rebounded in 2021 to reach 10.18%, indicating an improvement in profitability. Subsequently, there was a slight decline in the net profit margin to 8.80% in 2022 and further to 7.80% in 2023. This fluctuation may indicate changing factors affecting the company's revenue and expenses, highlighting the importance of monitoring and analyzing financial performance consistently.
Peer comparison
Dec 31, 2023