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NSTAR Electric Co (NSTAR Electric Co) Gross-Profit-to-Asset % : 12.11% (As of Mar. 2024)


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What is NSTAR Electric Co Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. NSTAR Electric Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was $2,002.49 Mil. NSTAR Electric Co's average Total Assets over the quarter that ended in Mar. 2024 was $16,536.25 Mil. Therefore, NSTAR Electric Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 12.11%.


NSTAR Electric Co Gross-Profit-to-Asset % Historical Data

The historical data trend for NSTAR Electric Co's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NSTAR Electric Co Gross-Profit-to-Asset % Chart

NSTAR Electric Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.17 12.33 11.70 11.61 10.80

NSTAR Electric Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.33 10.61 12.06 9.66 12.11

Competitive Comparison of NSTAR Electric Co's Gross-Profit-to-Asset %

For the Utilities - Regulated Electric subindustry, NSTAR Electric Co's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NSTAR Electric Co's Gross-Profit-to-Asset % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, NSTAR Electric Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where NSTAR Electric Co's Gross-Profit-to-Asset % falls into.



NSTAR Electric Co Gross-Profit-to-Asset % Calculation

NSTAR Electric Co's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=1693.06/( (15095.62+16271.513)/ 2 )
=1693.06/15683.5665
=10.80 %

NSTAR Electric Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=2002.492/( (16271.513+16800.991)/ 2 )
=2002.492/16536.252
=12.11 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


NSTAR Electric Co Gross-Profit-to-Asset % Related Terms

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NSTAR Electric Co (NSTAR Electric Co) Business Description

Traded in Other Exchanges
Address
800 Boylston Street, Boston, MA, USA, 02199
NSTAR Electric Co a Massachusetts corporation is a subsidiary of Northeast Utilities. It operates as regulated electric utility that serves residential, commercial and industrial customers in parts of Massachusetts. The Company furnished retail franchise electric service to approximately 1.1 million customers in Boston and 80 surrounding cities and towns in Massachusetts, including Cape Cod and Martha's Vineyard, covering an area of around 1,702 square miles.

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