Paramount Global Class B (PARA)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 9,776,000 | 7,264,000 | 10,309,000 | 10,842,000 | 10,293,000 |
| Revenue | US$ in thousands | 29,213,000 | 29,652,000 | 30,154,000 | 28,586,000 | 25,285,000 |
| Gross profit margin | 33.46% | 24.50% | 34.19% | 37.93% | 40.71% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $9,776,000K ÷ $29,213,000K
= 33.46%
The gross profit margin of Paramount Global Class B has shown a gradual decline over the past five years, starting at 40.71% as of December 31, 2020, and decreasing to 33.46% as of December 31, 2024. This indicates that the company's ability to generate profits from its core business operations has weakened over time. The considerable drop from 2022 (34.19%) to 2023 (24.50%) suggests a potentially significant event impacting profitability during that period. It would be advisable for stakeholders to closely monitor this trend and investigate potential factors influencing the declining gross profit margin to ensure the company's long-term financial health.
Peer comparison
Dec 31, 2024