UNITIL Corporation (UTL)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 47,100 | 45,200 | 41,400 | 36,100 | 32,200 |
| Revenue | US$ in thousands | 953,400 | 1,079,300 | 1,098,100 | 919,400 | 810,800 |
| Net profit margin | 4.94% | 4.19% | 3.77% | 3.93% | 3.97% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $47,100K ÷ $953,400K
= 4.94%
The net profit margin of UNITIL Corporation has shown some fluctuations over the years based on the provided data. It decreased from 3.97% as of December 31, 2020, to 3.93% by the end of 2021, indicating a slight reduction in profitability. Subsequently, the net profit margin further declined to 3.77% by December 31, 2022. However, the trend reversed in the following years, with the net profit margin increasing to 4.19% by the end of 2023 and 4.94% as of December 31, 2024. This improvement suggests that UNITIL Corporation was able to enhance its profitability levels in the later years of the analyzed period. Overall, fluctuations in the net profit margin can be influenced by various factors such as changes in revenue, expenses, operational efficiency, and strategic initiatives undertaken by the company.
Peer comparison
Dec 31, 2024