News Corp A (NWSA)
Operating profit margin
Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
---|---|---|---|---|---|---|
Operating income | US$ in thousands | -2,826,000 | -2,779,000 | -2,720,000 | -2,829,000 | -4,456,000 |
Revenue | US$ in thousands | 10,085,000 | 9,879,000 | 10,385,000 | 9,358,000 | 9,008,000 |
Operating profit margin | -28.02% | -28.13% | -26.19% | -30.23% | -49.47% |
June 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $-2,826,000K ÷ $10,085,000K
= -28.02%
The operating profit margin of News Corp A has shown variability over the past five years. In particular, the company experienced a significant improvement in its operating profit margin from -49.47% in June 2020 to -26.19% in June 2022. However, this improvement was followed by a decline in the operating profit margin to -30.23% in June 2021. Most recently, in June 2024, the operating profit margin stood at -28.02%, showing a slight decrease compared to the previous year.
Overall, the operating profit margin of News Corp A has generally remained negative over the period under review, indicating that the company's operating expenses have continued to exceed its operating income. This trend suggests that News Corp A may need to carefully manage its costs and enhance its revenue generation strategies to improve its profitability in the future.
Peer comparison
Jun 30, 2024