News Corp A (NWSA)
Pretax margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 458,000 | 292,000 | 675,000 | 391,000 | -1,248,000 |
| Revenue | US$ in thousands | 10,085,000 | 9,879,000 | 10,385,000 | 9,358,000 | 9,008,000 |
| Pretax margin | 4.54% | 2.96% | 6.50% | 4.18% | -13.85% |
June 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $458,000K ÷ $10,085,000K
= 4.54%
The pretax margin of News Corp A has fluctuated over the past five years. In particular, the pretax margin for the most recent fiscal year ending on June 30, 2024, stood at 4.54%. This represents an improvement from the previous year's pretax margin of 2.96%.
Comparing the pretax margin to two years ago, there was a decrease from 6.50% in June 2022 to 4.54% in June 2024. However, the current pretax margin is still higher than that of June 2021, which was 4.18%.
Notably, News Corp A experienced a significant improvement in its pretax margin compared to June 2020, which was negative at -13.85%. This positive trend over the past few years indicates that the company has been able to better manage its pre-tax profitability and control its pre-tax expenses.
Peer comparison
Jun 30, 2024