News Corp B (NWS)
Pretax margin
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 923,000 | 546,000 | 330,000 | 812,000 | 450,000 |
| Revenue | US$ in thousands | 8,452,000 | 10,085,000 | 9,879,000 | 10,385,000 | 9,358,000 |
| Pretax margin | 10.92% | 5.41% | 3.34% | 7.82% | 4.81% |
June 30, 2025 calculation
Pretax margin = EBT ÷ Revenue
= $923,000K ÷ $8,452,000K
= 10.92%
The pretax margin of News Corp B has exhibited notable fluctuations over the period from June 30, 2021, to June 30, 2025. As of June 30, 2021, the pretax margin stood at 4.81%, indicating relatively modest profitability before taxes. By June 30, 2022, the margin increased significantly to 7.82%, reflecting an improvement in operational efficiency or a reduction in expenses relative to revenues during that period.
However, a decline was observed by June 30, 2023, when the pretax margin decreased to 3.34%. This reduction suggests that factors such as increased costs, lower revenues, or operational challenges may have adversely impacted profitability before taxes. Subsequently, an improvement was registered by June 30, 2024, with the margin rising to 5.41%, indicating a partial recovery in pre-tax profitability.
The most substantial increase occurred between June 30, 2024, and June 30, 2025, when the pretax margin surged to 10.92%. This notable rise reflects a significant enhancement in profit generation capabilities relative to revenues, potentially driven by operational efficiencies, revenue growth, or cost containment measures implemented during this period.
Overall, the data demonstrates a general trend of volatility in pretax profitability, with periods of both decline and substantial recovery, culminating in a peak at the end of the forecast period. The recent upward trajectory suggests an improving margins outlook for News Corp B, though the fluctuations highlight ongoing operational and market challenges that influence pretax profitability.
Peer comparison
Jun 30, 2025