Tegna Inc (TGNA)

Net 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
Net income (ttm) US$ in thousands 598,021 492,998 442,092 560,185 474,953 617,798 667,727 599,591 630,157 541,100 523,666 498,688 476,999 591,872 595,695 509,015 482,778 322,429 238,556 298,564
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
Net profit margin 19.28% 16.67% 15.44% 19.42% 16.32% 19.91% 20.92% 18.47% 19.22% 17.25% 16.95% 16.41% 15.95% 18.77% 19.00% 17.08% 16.43% 11.97% 9.51% 12.10%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $598,021K ÷ $3,101,971K
= 19.28%

Net profit margin is a key profitability ratio that measures the percentage of revenue that translates into net income after all expenses have been deducted. For Tegna Inc, the net profit margin has shown some fluctuations over the past few years.

The trend indicates that the net profit margin ranged from 9.51% to 20.92% during the period from March 31, 2020, to December 31, 2024. Notably, the net profit margin generally improved from 2020 to 2023, with some peaks and troughs in between. The highest net profit margin was observed in June 30, 2023, at 20.92%, indicating strong profitability during that quarter.

However, there was a decline in the net profit margin in the following periods, with the lowest figure recorded on June 30, 2024, at 15.44%. This decrease may imply higher expenses relative to revenue during that quarter.

It is worth noting that while fluctuations in net profit margin are common and can be influenced by various factors such as operational efficiency, cost management, and changes in revenue, investors and stakeholders should monitor these trends closely to assess the company's financial health and sustainability.