Fox Corp Class A (FOXA)
Gross profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 11,569,000 | 12,342,000 | 11,691,000 | 10,767,000 | 9,853,000 |
| Revenue | US$ in thousands | 13,995,000 | 14,913,000 | 13,974,000 | 12,909,000 | 12,303,000 |
| Gross profit margin | 82.67% | 82.76% | 83.66% | 83.41% | 80.09% |
June 30, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $11,569,000K ÷ $13,995,000K
= 82.67%
Fox Corp Class A has demonstrated a stable gross profit margin over the past five years, ranging from 80.09% in June 2020 to 83.66% in June 2022. The company's ability to generate gross profit as a percentage of revenue has remained relatively strong, with the latest reported margin at 82.67% for June 2024. This consistency indicates efficient cost management and pricing strategies, enabling Fox Corp to retain a significant portion of its revenue after accounting for the direct costs of goods sold. Overall, the company's gross profit margin trend suggests operational effectiveness and a consistent ability to generate profit from its core business activities.
Peer comparison
Jun 30, 2024