News Corp A (NWSA)
Gross profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 5,720,000 | 5,680,000 | 5,996,000 | 5,256,000 | 3,539,000 |
| Revenue | US$ in thousands | 10,085,000 | 9,879,000 | 10,385,000 | 9,358,000 | 9,008,000 |
| Gross profit margin | 56.72% | 57.50% | 57.74% | 56.17% | 39.29% |
June 30, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $5,720,000K ÷ $10,085,000K
= 56.72%
Over the past five years, News Corp A's gross profit margin has exhibited some fluctuations. The trend shows a general increase from 39.29% in June 2020 to 57.74% in June 2022, followed by a slight decline to 56.72% in June 2024. This indicates that News Corp A has been able to effectively manage its cost of goods sold relative to its revenue, resulting in a higher percentage of revenue retained as gross profit. Despite the minor decrease in the most recent year, the company has maintained relatively strong gross profit margins, which is a positive indicator of its ability to generate profits from its core business operations.
Peer comparison
Jun 30, 2024