Paramount Global Class B (PARA)

Gross profit margin

		Dec 31, 2024	Sep 30, 2024	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
Gross profit (ttm)	US$ in thousands	8,557,000	8,650,000	8,713,000	8,060,000	7,156,000	7,419,000	7,423,000	8,404,000	10,309,000	10,209,000	10,299,000	10,325,000	10,842,000	10,711,000	10,647,000	10,738,000	10,293,000	14,529,000	13,264,000	11,774,000
Revenue (ttm)	US$ in thousands	29,213,000	28,867,000	29,269,000	30,072,000	29,652,000	30,145,000	29,928,000	30,091,000	30,154,000	30,023,000	29,717,000	28,502,000	28,586,000	26,811,000	26,317,000	26,028,000	25,285,000	35,601,000	32,780,000	30,314,000
Gross profit margin		29.29%	29.97%	29.77%	26.80%	24.13%	24.61%	24.80%	27.93%	34.19%	34.00%	34.66%	36.23%	37.93%	39.95%	40.46%	41.26%	40.71%	40.81%	40.46%	38.84%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $8,557,000K ÷ $29,213,000K
= 29.29%

Paramount Global Class B's gross profit margin has shown fluctuations over the periods provided in the data. The trend in the gross profit margin indicates the percentage of revenue remaining after accounting for the cost of goods sold, which is a key indicator of a company's profitability.

From March 31, 2020, to June 30, 2021, the gross profit margin increased gradually, peaking at 41.26% on March 31, 2021. This upward trend suggested improved efficiency in managing production costs and maximizing revenue generation during this period.

However, starting from September 30, 2021, there was a decline in the gross profit margin, which continued through the end of December 31, 2021. The gross profit margin dropped to 37.93% by December 31, 2021, indicating potential challenges in controlling production costs or pricing strategies during this timeframe.

The trend worsened from March 31, 2022, with the gross profit margin declining significantly to 27.93% by March 31, 2023. This substantial decrease could signal increased costs relative to revenue or pricing pressures impacting profitability.

The gross profit margin continued to decrease through June 30, 2024, reaching a low of 24.80%, highlighting persistent challenges in maintaining profitability. However, there was a slight improvement in the last quarter of 2024, with the gross profit margin slightly increasing to 29.29% by December 31, 2024.

Overall, Paramount Global Class B's gross profit margin fluctuated during the periods provided, showing both positive and negative trends. Further analysis of the underlying factors contributing to these fluctuations would be necessary to determine the effectiveness of the company's cost management and pricing strategies in driving profitability.