Fox Corp Class A (FOXA)
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%
Over the past five years, Fox Corp Class A has displayed varying net profit margins, indicating fluctuations in its profitability. The net profit margin measures the percentage of revenue that translates into profit after accounting for all expenses. In Jun 2021, the net profit margin was notably high at 16.66%, suggesting efficient cost management and strong revenue generation relative to expenses. However, in the subsequent years, the net profit margin decreased, dipping to 8.12% by Jun 2020.
The net profit margins for Jun 2022 and Jun 2023 remained relatively stable around 8.6% and 8.3% respectively, indicating consistent profitability levels but not as high as the peak in Jun 2021. Notably, in Jun 2024, the net profit margin improved to 10.73%, signaling a potential recovery in profitability.
Overall, the trend in Fox Corp Class A's net profit margin demonstrates the company's ability to manage costs and generate profit, with fluctuations possibly influenced by factors such as revenue growth, operating efficiency, and changes in expenses over the years.
Peer comparison
Jun 30, 2024