News Corp B (NWS)
Net profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 266,000 | 149,000 | 623,000 | 330,000 | -1,269,000 |
| Revenue | US$ in thousands | 10,085,000 | 9,879,000 | 10,385,000 | 9,358,000 | 9,008,000 |
| Net profit margin | 2.64% | 1.51% | 6.00% | 3.53% | -14.09% |
June 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $266,000K ÷ $10,085,000K
= 2.64%
The net profit margin of News Corp B has shown variability over the past five years, with fluctuations observed in the company's ability to generate profits relative to its revenue. In 2024, the net profit margin improved to 2.64%, marking an increase compared to the previous year but remaining below the levels seen in 2022 and 2021. The 2023 net profit margin was 1.51%, representing a slight improvement compared to the negative margin reported in 2020. Notably, in 2022, the net profit margin was relatively high at 6.00%, indicating strong profitability in that year. However, in 2020, the company reported a significantly negative net profit margin of -14.09%, suggesting operational challenges.
Overall, the trend in the net profit margin shows some inconsistency, possibly reflecting fluctuations in costs, expenses, and revenue generation strategies. Further analysis of underlying factors influencing the company's profitability in each year would be necessary to gain a deeper understanding of News Corp B's financial performance.
Peer comparison
Jun 30, 2024