Tegna Inc (TGNA)
Net profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 599,818 | 476,724 | 629,909 | 477,001 | 481,830 |
Revenue | US$ in thousands | 3,101,970 | 2,910,930 | 3,279,240 | 2,991,090 | 2,937,780 |
Net profit margin | 19.34% | 16.38% | 19.21% | 15.95% | 16.40% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $599,818K ÷ $3,101,970K
= 19.34%
Based on the provided data, Tegna Inc's net profit margin has shown variability over the years. In December 2020, the net profit margin stood at 16.40%, which decreased slightly to 15.95% by December 2021. However, there was a significant improvement in December 2022, with the net profit margin increasing to 19.21%.
Subsequently, there was a slight decline in the net profit margin to 16.38% by December 2023, followed by a strong rebound to 19.34% in December 2024. This fluctuation in net profit margin indicates that Tegna Inc's profitability has shown both periods of growth and contraction over the five-year period.
Overall, Tegna Inc's net profit margin has demonstrated resilience and the ability to recover from temporary declines, with the company achieving a higher net profit margin in the final year compared to the initial year, showcasing potential profitability improvements and effective cost management strategies.
Peer comparison
Dec 31, 2024