News Corp B (NWS)
Gross profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 5,720,000 | 5,680,000 | 5,996,000 | 5,256,000 | 3,539,000 |
| Revenue | US$ in thousands | 10,085,000 | 9,879,000 | 10,385,000 | 9,358,000 | 9,008,000 |
| Gross profit margin | 56.72% | 57.50% | 57.74% | 56.17% | 39.29% |
June 30, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $5,720,000K ÷ $10,085,000K
= 56.72%
The gross profit margin of News Corp B has shown a fluctuating trend over the past five years. In the most recent fiscal year ending June 30, 2024, the gross profit margin stands at 56.72%, a slight decrease from the previous year's margin of 57.50%. This indicates that the company generated 56.72 cents of gross profit for every dollar of revenue in 2024.
Despite the minor decline in the current year, News Corp B has generally maintained a healthy gross profit margin above 50% over the period analyzed. The highest gross profit margin was recorded in 2022 at 57.74%, reflecting strong efficiency in the production and sale of goods or services. On the other hand, the margin dipped to 39.29% in 2020, possibly due to operational challenges or changes in the business environment.
Overall, News Corp B's gross profit margin performance suggests the company's ability to effectively manage its production costs and pricing strategies, although some variability is observed in the results. Further analysis of the underlying factors influencing these fluctuations could provide insights into the company's operational efficiency and competitive positioning in the market.
Peer comparison
Jun 30, 2024