Tegna Inc (TGNA)

Net profit margin

		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
Net income (ttm)	US$ in thousands	476,724	619,192	669,074	600,538	630,469	541,299	523,514	498,572	476,955	591,828	595,767	509,087	482,778	322,429	238,556	298,564	286,235	363,095	411,900	424,457
Revenue (ttm)	US$ in thousands	2,738,026	2,929,039	3,018,919	3,072,141	3,105,223	2,960,707	2,911,012	2,855,380	2,805,443	2,964,889	2,941,372	2,832,700	2,836,323	2,462,274	2,327,638	2,286,943	2,119,507	2,067,602	2,054,721	2,041,869
Net profit margin		17.41%	21.14%	22.16%	19.55%	20.30%	18.28%	17.98%	17.46%	17.00%	19.96%	20.25%	17.97%	17.02%	13.09%	10.25%	13.06%	13.50%	17.56%	20.05%	20.79%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $476,724K ÷ $2,738,026K
= 17.41%

TEGNA Inc's net profit margin has shown variability over the past eight quarters. The net profit margin ranged from a low of 16.41% in Q1 2022 to a high of 20.96% in Q2 2023. The company's net profit margin for Q4 2023 was 16.38%, which indicates that for every dollar of revenue generated in that quarter, the company retained $0.1638 as net profit. Overall, TEGNA Inc has maintained relatively healthy net profit margins, with a general upward trend in recent quarters. However, the slight decrease in Q4 2023 compared to the previous quarter may warrant further investigation to assess the factors influencing profitability.