News Corp B (NWS)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 458,000 | 376,000 | 406,000 | 284,000 | 292,000 | 248,000 | 277,000 | 483,000 | 675,000 | 606,000 | 617,000 | 599,000 | 391,000 | 100,000 | -762,000 | -941,000 | -1,248,000 | -888,000 | -131,000 | -118,000 |
| 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 |
| Pretax margin | 4.54% | 3.78% | 4.07% | 2.87% | 2.96% | 2.45% | 2.73% | 4.66% | 6.50% | 5.94% | 6.14% | 6.15% | 4.18% | 1.14% | -8.74% | -10.71% | -13.85% | -9.30% | -1.34% | -1.19% |
June 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $458,000K ÷ $10,085,000K
= 4.54%
The pretax margin of News Corp B has shown fluctuations over the past few quarters. In the most recent quarter ending June 30, 2024, the pretax margin stood at 4.54%, representing an increase from the previous quarter. Despite this improvement, the pretax margin remains relatively low compared to some earlier periods, such as the quarter ending June 30, 2022, where it was at a higher level of 6.50%.
Overall, the pretax margin has demonstrated volatility, with some quarters showing negative margins, notably in the quarters ending March 31, 2021, and December 31, 2020. These negative margins suggest potential challenges or inefficiencies in the company's operations during those periods.
To gain a deeper understanding of the factors influencing the pretax margin, further analysis of News Corp B's revenue, operating expenses, and cost management strategies would be necessary. Additionally, evaluating industry benchmarks and competitors' margins could provide context for assessing the company's performance in this aspect.
Peer comparison
Jun 30, 2024