Fox Corp Class A (FOXA)
Operating profit margin
| Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 398,000 | 315,000 | 246,000 | 378,000 | 604,000 | 827,000 | 825,000 | 659,000 | 654,000 | 3,144,000 | 3,384,000 | 3,523,000 | 3,725,000 | 2,369,000 | 2,385,000 | 2,366,000 | 2,132,000 | 3,111,000 | 3,065,000 | 3,353,000 |
| Revenue (ttm) | US$ in thousands | 13,995,000 | 13,934,000 | 14,571,000 | 14,954,000 | 14,913,000 | 15,016,000 | 14,351,000 | 14,150,000 | 13,974,000 | 13,546,000 | 13,397,000 | 13,140,000 | 12,909,000 | 12,437,000 | 12,662,000 | 12,353,000 | 12,303,000 | 12,398,000 | 11,710,000 | 11,515,000 |
| Operating profit margin | 2.84% | 2.26% | 1.69% | 2.53% | 4.05% | 5.51% | 5.75% | 4.66% | 4.68% | 23.21% | 25.26% | 26.81% | 28.86% | 19.05% | 18.84% | 19.15% | 17.33% | 25.09% | 26.17% | 29.12% |
June 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $398,000K ÷ $13,995,000K
= 2.84%
The operating profit margin of Fox Corp Class A has exhibited fluctuations over the past several quarters. The margin ranged from a low of 1.69% in December 2023 to a high of 29.12% in December 2019. The trend indicates some variability in the company's ability to generate profits from its core operations.
The company experienced a significant decline in operating profit margin from the first quarter of 2022 to the first quarter of 2023, dropping from 26.81% to 5.51%. This decline could indicate a deterioration in the efficiency of the company's operations or increased costs impacting profitability.
Subsequently, Fox Corp Class A managed to improve its operating profit margin, reaching a peak of 23.21% in the first quarter of 2022 before facing another decline. The most recent data shows a margin of 2.84% in the second quarter of 2024, which may raise concerns about the company's ability to maintain profitability levels.
Overall, the company's operating profit margin trend suggests fluctuations in its operational efficiency and cost management. Investors and stakeholders may need to closely monitor future financial reports to assess the company's performance and sustainability of profit generation.
Peer comparison
Jun 30, 2024