Tegna Inc (TGNA)

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	1,317,020	1,177,863	1,083,874	1,135,369	1,165,079	1,373,841	1,473,078	1,536,746	1,586,024	1,468,988	1,451,504	1,422,648	1,392,334	1,563,093	1,565,561	1,452,031	1,434,493	1,235,081	1,121,260	1,150,639
Revenue (ttm)	US$ in thousands	3,101,971	2,957,296	2,863,712	2,884,855	2,910,930	3,102,206	3,192,074	3,245,449	3,279,245	3,136,762	3,090,138	3,038,165	2,991,093	3,154,021	3,135,923	2,980,642	2,937,780	2,694,160	2,507,628	2,466,933
Gross profit margin		42.46%	39.83%	37.85%	39.36%	40.02%	44.29%	46.15%	47.35%	48.37%	46.83%	46.97%	46.83%	46.55%	49.56%	49.92%	48.72%	48.83%	45.84%	44.71%	46.64%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,317,020K ÷ $3,101,971K
= 42.46%

The gross profit margin of Tegna Inc has shown some fluctuations over the years based on the provided data.

From March 31, 2020, to June 30, 2021, the gross profit margin showed an overall positive trend, increasing from 46.64% to 49.92%. This indicates that Tegna Inc was able to effectively control its cost of goods sold relative to its revenue during this period.

However, starting from September 30, 2021, the gross profit margin began to decline, reaching 40.02% by December 31, 2023. This could be a result of various factors such as increased competition, rising costs, or changes in pricing strategies.

Subsequently, there was a slight recovery in the gross profit margin to 42.46% by December 31, 2024. It is important for Tegna Inc to closely monitor its gross profit margin as it is a key indicator of the company's operational efficiency and pricing strategy, and any significant decline may impact the overall profitability and financial health of the company.