Paramount Global Class B (PARA)
Profitability ratios
Return on sales
| 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 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 2.32% | 2.45% | 2.51% | 3.82% | 4.73% | 5.84% | 6.87% | 8.37% | 10.80% | 36.15% | 37.05% | 37.68% | 36.72% | 36.63% | 40.00% | 42.83% | 49.33% | 40.19% | 41.57% | 42.58% |
| Operating profit margin | -1.57% | -2.30% | -2.51% | 1.17% | 8.04% | 16.57% | 17.83% | 20.03% | 22.72% | 17.64% | 18.10% | 18.52% | 16.47% | 11.99% | 13.76% | 16.06% | 22.51% | 35.00% | 36.96% | 37.82% |
| Pretax margin | -3.37% | -5.39% | -5.44% | -2.18% | 4.57% | 12.85% | 14.11% | 16.32% | 18.72% | 14.18% | 14.40% | 13.39% | 11.77% | 6.71% | 8.01% | 11.57% | 17.81% | 30.27% | 31.41% | 30.97% |
| Net profit margin | -2.12% | -3.77% | -4.02% | -1.53% | 3.79% | 10.79% | 11.97% | 14.68% | 16.39% | 12.33% | 12.87% | 10.95% | 9.64% | 5.39% | 6.09% | 9.20% | 17.96% | 28.60% | 30.15% | 30.52% |
Paramount Global's profitability ratios show mixed results over the past eight quarters. The gross profit margin has remained stable at 100%, indicating the company's ability to manage production costs effectively. However, the operating profit margin has fluctuated, with Q4 2023 and Q1 2023 showing positive results, while Q2 2023 and Q3 2023 reported declines.
The pretax margin has also exhibited variability, with negative margins in most recent quarters, pointing to challenges in controlling operating expenses and generating enough income to cover taxes. The net profit margin has followed a similar trend, with negative values in Q2 2023 and Q3 2023, indicating the company's struggles in generating profits after accounting for all expenses.
Overall, while Paramount Global has maintained a strong gross profit margin, it faces challenges in translating this into sustained operating and net profit margins. The company may need to focus on improving operational efficiency and cost control to enhance its overall profitability in the future.
Return on investment
| 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 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -0.84% | -1.23% | -1.32% | 0.60% | 4.01% | 8.42% | 9.02% | 9.55% | 10.74% | 8.43% | 8.59% | 8.70% | 7.86% | 5.86% | 6.04% | 6.64% | 8.36% | 22.26% | 24.22% | 24.12% |
| Return on assets (ROA) | -1.14% | -2.02% | -2.10% | -0.79% | 1.89% | 5.48% | 6.05% | 7.00% | 7.75% | 5.89% | 6.11% | 5.14% | 4.60% | 2.63% | 2.67% | 3.80% | 6.67% | 18.19% | 19.76% | 19.46% |
| Return on total capital | -0.22% | -2.95% | -3.00% | 1.29% | 9.82% | 20.67% | 22.04% | 24.21% | 27.56% | 23.36% | 23.89% | 23.44% | 25.94% | 18.47% | 20.11% | 24.60% | 32.11% | 121.06% | 130.00% | 135.82% |
| Return on equity (ROE) | -2.70% | -5.04% | -5.38% | -2.05% | 4.79% | 13.87% | 15.14% | 17.94% | 20.28% | 16.03% | 16.78% | 14.69% | 15.76% | 9.30% | 9.87% | 13.87% | 25.05% | 88.14% | 99.07% | 107.75% |
Paramount Global's profitability ratios show fluctuating performance over the past eight quarters.
1. Operating Return on Assets (Operating ROA): This ratio indicates the company's ability to generate operating profits from its assets. Paramount Global's Operating ROA has shown mixed results, ranging from -0.59% to 5.76%. Notably, Q2 and Q3 of 2022 had the highest Operating ROA at 5.38% and 5.76%, respectively.
2. Return on Assets (ROA): ROA measures the company's overall profitability from its assets. Paramount Global's ROA has been negative in most quarters, indicating challenges in generating profits relative to its asset base. The highest ROA was seen in Q1 2022 at 7.00%.
3. Return on Total Capital: This ratio assesses the return on both debt and equity capital invested in the company. Paramount Global also experienced fluctuations in this metric, with values ranging from -1.76% to 8.19%. The highest return was achieved in Q1 2022 at 8.19%.
4. Return on Equity (ROE): ROE reflects the return generated for shareholders' equity. Paramount Global's ROE has been negative for the most part, signaling struggles in generating returns for equity holders. However, the company saw a peak ROE of 17.94% in Q1 2022.
Overall, Paramount Global's profitability ratios suggest a mixed performance, with challenges in consistently generating profits from its assets and equity. It is important for the company to focus on improving these ratios to ensure sustainable profitability and shareholder value.
See also:
Paramount Global Class B Profitability Ratios (Quarterly Data)