Graham Holdings Co (GHC)

Net profit margin

		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	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	205,288	158,189	214,000	23,727	67,079	145,600	152,406	335,249	352,075	504,535	542,564	446,060	300,365	209,105	174,635	212,862	327,855	238,659	320,578	310,063
Revenue (ttm)	US$ in thousands	4,403,440	4,303,530	4,201,410	3,997,102	3,881,548	3,696,730	3,495,222	3,386,894	3,193,798	3,082,719	2,998,779	2,846,516	2,873,113	2,865,588	2,887,426	2,972,157	2,932,099	2,857,708	2,793,654	2,728,729
Net profit margin		4.66%	3.68%	5.09%	0.59%	1.73%	3.94%	4.36%	9.90%	11.02%	16.37%	18.09%	15.67%	10.45%	7.30%	6.05%	7.16%	11.18%	8.35%	11.48%	11.36%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $205,288K ÷ $4,403,440K
= 4.66%

The net profit margin of Graham Holdings Co. has fluctuated over the quarters as indicated in the table. In Q1 2023, the net profit margin was 0.58%, the lowest among the quarters shown. This indicates that the company had a lower percentage of profit relative to its revenue in that quarter.

In Q4 2023, the net profit margin improved to 4.62%, showing a positive trend in profitability compared to the previous quarter. This increase suggests that the company was able to generate more profit from its revenue in that period.

Overall, the net profit margin performance of Graham Holdings Co. shows variability, with fluctuations in profitability from quarter to quarter. It is important for the company to closely monitor and manage its expenses and revenue generation to maintain a healthy and sustainable level of profitability.