Fox Corp Class B (FOX)
Net profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,501,000 | 1,239,000 | 1,205,000 | 2,150,000 | 999,000 |
| Revenue | US$ in thousands | 13,995,000 | 14,913,000 | 13,974,000 | 12,909,000 | 12,303,000 |
| Net profit margin | 10.73% | 8.31% | 8.62% | 16.66% | 8.12% |
June 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $1,501,000K ÷ $13,995,000K
= 10.73%
The net profit margin of Fox Corp Class B has varied over the past five years, with a range from 8.12% to 16.66%. In the most recent fiscal year ending June 30, 2024, the company's net profit margin stood at 10.73%, showing an increase compared to the previous year's 8.31%. This improvement suggests that Fox Corp Class B was able to generate a higher percentage of profits relative to its revenues in the latest reporting period. However, it is important to note that the net profit margin has fluctuated over the years, indicating potential shifts in the company's profitability and efficiency in managing costs and expenses. Further analysis of the factors influencing these changes would provide a more in-depth understanding of Fox Corp Class B's financial performance.
Peer comparison
Jun 30, 2024