News Corp B (NWS)

Net profit margin

Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 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
Net income (ttm) US$ in thousands 1,180,000 487,000 414,000 355,000 266,000 208,000 228,000 139,000 149,000 267,000 299,000 467,000 623,000 499,000 496,000 492,000 330,000 -53,000 -862,000 -1,008,000
Revenue (ttm) US$ in thousands 8,452,000 9,401,000 9,386,000 9,283,000 9,205,000 9,061,000 9,514,000 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
Net profit margin 13.96% 5.18% 4.41% 3.82% 2.89% 2.30% 2.40% 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%

June 30, 2025 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,180,000K ÷ $8,452,000K
= 13.96%

The net profit margin of News Corp B has exhibited notable fluctuations over the analyzed period, reflecting varying profitability and operational performance. The margin began in negative territory at -11.47% as of September 30, 2020, indicating a period of losses. This negative trend persisted through the end of 2020, with margins of -9.89% at December 31, 2020. Moving into early 2021, a significant improvement was observed, with the margin approaching neutrality at -0.60% as of March 31, 2021.

Subsequently, the company experienced a substantial turnaround, transitioning into positive territory with a net profit margin of 3.53% on June 30, 2021, and further improving to 5.05% as of September 30, 2021. This upward trend persisted through late 2021 and into 2022, with margins stabilizing around 4.94% (December 31, 2021) and 4.89% (March 31, 2022). The margin reached a peak of 6.00% on June 30, 2022, before experiencing a decline to 4.51% by September 30, 2022, and further decreasing to 2.94% at December 31, 2022.

Throughout 2023, the net profit margin continued a downward trajectory, registering marginally above 2% at both March 31 (2.64%) and June 30 (1.51%), and slightly contracting to 1.40% by September 30. In early 2024, the margin exhibited modest recovery, reaching 2.40% at December 31, 2023, and slightly declining again thereafter. The first half of 2024 saw fluctuations, with March 31 margin at 2.30%, June 30 at 2.89%, and September 30 at 3.82%. Positive momentum persisted into 2025, with the margin rising to 4.41% at December 31, 2024, and a notable increase to 5.18% by March 31, 2025. The most recent data indicates a marked improvement, with the margin escalating to 13.96% at June 30, 2025.

Overall, the net profit margin demonstrates a trend of initial losses followed by a gradual recovery and periods of stabilization, culminating in a significant upward surge by mid-2025. This trajectory suggests a substantial turnaround in profitability and possibly improved operational efficiency or favorable market conditions during the latter part of the analyzed period.


Peer comparison

Jun 30, 2025

Company name
Symbol
Net profit margin
News Corp B
NWS
13.96%
New York Times Company
NYT
11.36%
News Corp A
NWSA
13.96%