Paramount Global Class B (PARA)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -6,190,000 | -608,000 | 1,104,000 | 4,543,000 | 2,422,000 |
| Revenue | US$ in thousands | 29,213,000 | 29,652,000 | 30,154,000 | 28,586,000 | 25,285,000 |
| Net profit margin | -21.19% | -2.05% | 3.66% | 15.89% | 9.58% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-6,190,000K ÷ $29,213,000K
= -21.19%
The net profit margin of Paramount Global Class B has exhibited fluctuations over the past five years. In December 2020, the net profit margin was reported at 9.58%, indicating that the company retained approximately 9.58% of its revenue as profit. This figure increased significantly to 15.89% by December 2021, reflecting improved profitability.
However, by December 2022, the net profit margin declined sharply to 3.66%, suggesting that the company's profit retention relative to revenue had decreased. The trend worsened in December 2023, with the net profit margin turning negative at -2.05%, indicating that the company incurred a loss, rather than making a profit.
Furthermore, in December 2024, the net profit margin deteriorated significantly, plunging to -21.19%. This substantial decline highlights a substantial loss relative to revenue, presenting a concerning financial performance for Paramount Global Class B. Overall, the trend in the net profit margin shows a decline in profitability over the years, culminating in a significant loss in the most recent period.
Peer comparison
Dec 31, 2024