News Corp B (NWS)
Gross 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 5,720,000 | 5,672,000 | 5,737,000 | 5,685,000 | 5,680,000 | 5,791,000 | 5,788,000 | 5,952,000 | 5,996,000 | 5,778,000 | 5,664,000 | 5,495,000 | 5,256,000 | 5,645,000 | 4,602,000 | 4,611,000 | 4,482,000 | 5,317,000 | 6,524,000 | 6,650,000 |
| Revenue (ttm) | US$ in thousands | 10,085,000 | 9,941,000 | 9,965,000 | 9,900,000 | 9,879,000 | 10,120,000 | 10,165,000 | 10,361,000 | 10,385,000 | 10,203,000 | 10,046,000 | 9,743,000 | 9,358,000 | 8,789,000 | 8,720,000 | 8,785,000 | 9,008,000 | 9,551,000 | 9,742,000 | 9,890,000 |
| Gross profit margin | 56.72% | 57.06% | 57.57% | 57.42% | 57.50% | 57.22% | 56.94% | 57.45% | 57.74% | 56.63% | 56.38% | 56.40% | 56.17% | 64.23% | 52.78% | 52.49% | 49.76% | 55.67% | 66.97% | 67.24% |
June 30, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $5,720,000K ÷ $10,085,000K
= 56.72%
The gross profit margin of News Corp B has varied over the last several quarters, ranging from a low of 49.76% in March 2020 to a high of 67.24% in September 2019. The company's gross profit margin has generally been above 50%, indicating that the company is able to generate a healthy profit after accounting for the cost of goods sold. There was a significant decrease in the gross profit margin in March 2021 to 52.78%, followed by a notable increase to 64.23% in June 2021, which indicates fluctuation in the company's ability to generate profit from its core operations. Overall, the gross profit margins have been relatively stable in recent quarters, with the most recent value reported at 56.72% in June 2024.
Peer comparison
Jun 30, 2024