News Corp B (NWS)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 266,000 | 208,000 | 228,000 | 139,000 | 149,000 | 267,000 | 299,000 | 467,000 | 623,000 | 499,000 | 496,000 | 492,000 | 330,000 | -53,000 | -862,000 | -1,008,000 | -1,269,000 | -923,000 | -183,000 | -173,000 |
| 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 |
| Net profit margin | 2.64% | 2.09% | 2.29% | 1.40% | 1.51% | 2.64% | 2.94% | 4.51% | 6.00% | 4.89% | 4.94% | 5.05% | 3.53% | -0.60% | -9.89% | -11.47% | -14.09% | -9.66% | -1.88% | -1.75% |
June 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $266,000K ÷ $10,085,000K
= 2.64%
The net profit margin of News Corp B has shown some fluctuations over the past few quarters. There was a significant decline from negative margins in the first half of 2021 to positive margins throughout 2022 and 2023. The margin peaked at 6.00% in the second quarter of 2022, indicating strong profitability during that period.
However, there has been a gradual decrease in the net profit margin since then, with the margin dropping to 2.64% in the first quarter of 2023. The margin further decreased to 1.40% in the third quarter of 2023, indicating a decrease in profitability during that period.
It is worth noting that the net profit margin improved slightly to 2.64% in the second quarter of 2024, showing a recovery from the low in the previous quarter. Overall, the fluctuations in the net profit margin suggest some volatility in the company's profitability, and it would be important to closely monitor future financial performance to assess the company's ability to maintain and improve profitability levels.
Peer comparison
Jun 30, 2024