News Corp B (NWS)
Operating profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -2,826,000 | -2,779,000 | -2,720,000 | -2,829,000 | -4,456,000 |
| Revenue | US$ in thousands | 10,085,000 | 9,879,000 | 10,385,000 | 9,358,000 | 9,008,000 |
| Operating profit margin | -28.02% | -28.13% | -26.19% | -30.23% | -49.47% |
June 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $-2,826,000K ÷ $10,085,000K
= -28.02%
The operating profit margin of News Corp B has shown fluctuations over the past five years. In the most recent fiscal year ending June 30, 2024, the operating profit margin stood at -28.02%, representing a slight improvement compared to the previous year. However, this margin has consistently remained negative over the five-year period, indicating that the company's operating expenses have exceeded its revenue during this time frame. It is worth noting that the operating profit margin was at its lowest point in June 30, 2020, at -49.47%, but has since shown some recovery. Overall, the negative operating profit margins suggest that News Corp B may need to focus on cost management and revenue generation strategies to improve its profitability in the future.
Peer comparison
Jun 30, 2024