News Corp B (NWS)
Pretax margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 458,000 | 292,000 | 675,000 | 391,000 | -1,248,000 |
| Revenue | US$ in thousands | 10,085,000 | 9,879,000 | 10,385,000 | 9,358,000 | 9,008,000 |
| Pretax margin | 4.54% | 2.96% | 6.50% | 4.18% | -13.85% |
June 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $458,000K ÷ $10,085,000K
= 4.54%
The pretax margin of News Corp B has fluctuated over the past five years, reflecting varying levels of profitability before accounting for taxes. In the latest fiscal year ending June 30, 2024, the pretax margin stood at 4.54%, showing an increase from the previous year's 2.96%. This improvement indicates enhanced operational efficiency and/or cost management.
Comparing with the pretax margin of 6.50% in Jun 30, 2022, the most recent margin is still lower. However, it is worth noting that the pretax margin in fiscal year 2021 was 4.18%, indicating a slight improvement in profitability since that period.
It is important to recognize that in Jun 30, 2020, the Company incurred a negative pretax margin of -13.85%, signifying significant financial challenges during that period. Overall, while there has been an upward trend in the pretax margin of News Corp B over the past few years, it is essential to monitor future financial performance to ensure sustained profitability and operational effectiveness.
Peer comparison
Jun 30, 2024