Paramount Global Class B (PARA)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | -6,177,000 | -1,253,000 | 1,266,000 | 5,206,000 | 3,147,000 |
| Revenue | US$ in thousands | 29,213,000 | 29,652,000 | 30,154,000 | 28,586,000 | 25,285,000 |
| Pretax margin | -21.14% | -4.23% | 4.20% | 18.21% | 12.45% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $-6,177,000K ÷ $29,213,000K
= -21.14%
Paramount Global Class B's pretax margin has displayed fluctuations over the years, ranging from a positive 12.45% in December 31, 2020, to a negative 21.14% in December 31, 2024. The pretax margin saw an improvement to 18.21% by December 31, 2021, indicating efficient cost management or increased revenue generation during that period. However, the margin decreased significantly to 4.20% by December 31, 2022, before turning negative in the subsequent years. A negative pretax margin, as seen in 2023 and 2024, indicates that the company's operating expenses and costs surpassed its pre-tax earnings, raising concerns about profitability and financial health. Further investigation into the reasons behind these fluctuations is necessary to determine the underlying factors impacting Paramount Global Class B's financial performance.
Peer comparison
Dec 31, 2024