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