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.