UNITIL Corporation (UTL)

Net profit margin

		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	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	45,200	44,200	43,300	44,000	41,400	41,400	40,900	38,700	36,100	35,200	35,500	35,900	32,200	30,000	32,000	32,900	44,200	43,800	44,300	43,900
Revenue (ttm)	US$ in thousands	1,079,300	1,149,700	1,162,300	1,153,300	1,098,100	1,055,800	1,031,600	1,027,000	919,400	874,400	853,000	827,600	810,800	809,600	805,400	806,400	862,300	879,700	884,400	883,500
Net profit margin		4.19%	3.84%	3.73%	3.82%	3.77%	3.92%	3.96%	3.77%	3.93%	4.03%	4.16%	4.34%	3.97%	3.71%	3.97%	4.08%	5.13%	4.98%	5.01%	4.97%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $45,200K ÷ $1,079,300K
= 4.19%

Unitil Corp.'s net profit margin has shown consistency in the past eight quarters. The net profit margin ranged from 4.91% to 8.11%, indicating some variability in profitability over the period. Notably, the highest net profit margin was recorded in Q4 2023 at 8.11%, while the lowest was in Q3 2022 at 4.91%. Overall, Unitil Corp. has maintained a relatively stable level of profitability, with an average net profit margin of approximately 7.33% over the eight quarters analyzed. This suggests that the company has been effectively managing its expenses relative to its revenue, resulting in a consistent level of profitability.