News Corp A (NWSA)
Net profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 266,000 | 149,000 | 623,000 | 330,000 | -1,269,000 |
| Revenue | US$ in thousands | 10,085,000 | 9,879,000 | 10,385,000 | 9,358,000 | 9,008,000 |
| Net profit margin | 2.64% | 1.51% | 6.00% | 3.53% | -14.09% |
June 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $266,000K ÷ $10,085,000K
= 2.64%
The net profit margin for News Corp A has fluctuated over the past five years. In the most recent fiscal year ending June 30, 2024, the net profit margin improved to 2.64%, showing a positive trend compared to the previous year's figure of 1.51%. The significant increase from the negative net profit margin in 2020 to the positive margin in 2022 indicates a marked improvement in operational efficiency and cost management. However, the net profit margin in 2022 was substantially higher at 6.00%, suggesting a potential ability to efficiently convert revenue into profit. Overall, despite fluctuations, the upward trend in recent years indicates positive developments in News Corp A's profitability.
Peer comparison
Jun 30, 2024