Fox Corp Class A (FOXA)
Operating profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 389,000 | 604,000 | 654,000 | 923,000 | 305,000 |
| Revenue | US$ in thousands | 13,995,000 | 14,913,000 | 13,974,000 | 12,909,000 | 12,303,000 |
| Operating profit margin | 2.78% | 4.05% | 4.68% | 7.15% | 2.48% |
June 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $389,000K ÷ $13,995,000K
= 2.78%
The operating profit margin of Fox Corp Class A has experienced fluctuations over the past five years. In Jun 2020, the operating profit margin was at 2.48%, which then saw an increase to 7.15% in Jun 2021, indicating a significant improvement in profitability. However, in the following years, the operating profit margin declined to 4.68% in Jun 2022 and further decreased to 4.05% in Jun 2023. The most recent data from Jun 2024 shows a continued decline in the operating profit margin to 2.78%.
These changes in the operating profit margin suggest that Fox Corp Class A has faced challenges in maintaining or improving profitability in recent years. It is important for the company to closely monitor and address the factors impacting its operating profit margin to ensure sustainable financial performance.
Peer comparison
Jun 30, 2024