Companies: 10,795·Total market cap: $144.5T
Innergex Renewable Energy Inc.

Innergex Renewable Energy Inc.

INGXFOTCUtilities
$10.11
+$0.07(+0.69%)
Market Cap$2.0B
P/E Ratio
52W High$10.17
52W Low$4.81

Innergex Renewable Energy Inc. (INGXF) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

INGXF · net income · updated Jun 9, 2026

Core profitability metrics

Net income was $15.9M for FY2024 (fiscal year ending 2024-12-31), up 116.1% year-over-year. Net profit margin was 1.7%. Based on available data, Innergex Renewable Energy Inc. has been profitable since at least 2012.

FY2024 Net Income$15.9M▲ +116.1% YoY
Trailing 12M (TTM)$45.4Mtrailing 4 quarters sum
Net Profit Margin1.7%$15.9M ÷ $952.5M
YoY Change+116.1%
5-Year CAGRN/AN/A — contains loss years
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 9, 2026

Annual net income history

Net IncomeNet LossNet Margin %★ First Profit: 2012

▸ FMP /income-statement · Annual · INGXF net income history · INGXF profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2024$15.9M▲ +116.1%1.7%
FY2023Loss−$98.5M▼ 8.1%-10.2%
FY2022Loss−$91.1M▲ +50.9%-10.5%
FY2021Loss−$185.4M▼ 536.9%-24.8%
FY2020Loss−$29.1M▲ +45.1%-4.8%

Net income vs peers (Utilities)

#CompanyNet IncomeYoY
#1
Innergex Renewable Energy Inc.
Innergex Renewable Energy Inc.YOU
INGXF
$15.9M+116.1%
#2
NextEra Energy, Inc.
NextEra Energy, Inc.
NEE
$6.83B-1.6%
#3
Duke Energy Corporation
Duke Energy Corporation
DUK
$4.97B+10.2%
#4
GE Vernova Inc.
GE Vernova Inc.
GEV
$4.88B+214.7%
#5
The Southern Company
The Southern Company
SO
$4.34B-1.4%
#6
Constellation Energy Corporation
Constellation Energy Corporation
CEG
$2.32B-38.1%
Utilities · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Innergex Renewable Energy Inc. (INGXF) reported net income of $15.9M for FY2024 (fiscal year ending 2024-12-31), up 116.1% year-over-year. The net profit margin was 1.7% — meaning the company kept $0.02 of every dollar of revenue as profit.

Based on available data, Innergex Renewable Energy Inc. has been profitable since at least 2012. Net income reached a peak of $48.2M in FY2013. Data available for 15 fiscal years.

Innergex Renewable Energy Inc.'s net profit margin was 1.7% for FY2024, based on the latest annual results.

Investors sometimes search for "Innergex Renewable Energy Inc. net worth" — the company's market capitalization is a separate figure from INGXF net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Frequently asked questions

INGXF net income · 5 questions

Innergex Renewable Energy Inc. is profitable. The company reported net income of $15.9M for FY2024, a net profit margin of 1.7%. Net income was up 116.1% year-over-year. Based on available data, Innergex Renewable Energy Inc. has been profitable since at least 2012.

is INGXF profitabledoes INGXF make a profitINGXF profitabilityINGXF profitable company

Source: FMP /income-statement · GAAP · Innergex Renewable Energy Inc. · Innergex Renewable Energy Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026