News Corp A (NWSA)
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 A has shown fluctuations over the past few quarters. The company's pretax margin has ranged from -13.85% to 6.50% in the last eight quarters.
In the most recent quarter, the pretax margin stood at 4.54%, reflecting a moderate increase compared to the previous quarter's 3.78%. This improvement suggests that the company was able to generate more profit before taxes for every dollar of revenue in the most recent period.
Over the longer term, the pretax margin has shown a general upward trend from negative values in late 2019 to positive values in the recent periods. It peaked at 6.50% in Jun 30, 2022, but has slightly declined since then.
Overall, the trend in the pretax margin indicates some variability in the company's profitability performance, with recent quarters showing stability or marginal improvement. Further analysis of the underlying factors driving these fluctuations would provide deeper insights into the financial health and efficiency of News Corp A.
Peer comparison
Jun 30, 2024