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.