Connecticut Light & Power (CNLHN) Gross Margin (2016 - 2025)
Connecticut Light & Power (CNLHN) has 15 years of Gross Margin data on record, last reported at 86.11% in Q1 2024.
- For Q1 2024, Gross Margin changed N/A year-over-year to 86.11%; the TTM value through Mar 2024 reached 110.62%, changed N/A, while the annual FY2025 figure was 84.69%, 161.0% up from the prior year.
- Gross Margin reached 86.11% in Q1 2024 per CNLHN's latest filing, roughly flat from 85.87% in the prior quarter.
- Across five years, Gross Margin topped out at 86.11% in Q1 2024 and bottomed at 78.78% in Q4 2020.
- Average Gross Margin over 4 years is 83.42%, with a median of 83.77% recorded in 2021.
- Peak YoY movement for Gross Margin: crashed -325bps in 2020, then soared 213bps in 2021.
- A 4-year view of Gross Margin shows it stood at 78.78% in 2020, then grew by 3bps to 80.9% in 2021, then rose by 6bps to 85.87% in 2022, then rose by 0bps to 86.11% in 2024.
- Per Business Quant database, its latest 3 readings for Gross Margin were 86.11% in Q1 2024, 85.87% in Q3 2022, and 80.9% in Q4 2021.