Tegna Inc (TGNA)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 784,784 | 733,545 | 990,632 | 802,216 | 870,982 |
| Revenue | US$ in thousands | 3,101,970 | 2,910,930 | 3,279,240 | 2,991,090 | 2,937,780 |
| Operating profit margin | 25.30% | 25.20% | 30.21% | 26.82% | 29.65% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $784,784K ÷ $3,101,970K
= 25.30%
To analyze Tegna Inc's operating profit margin over the years from 2020 to 2024, we observe fluctuations in the metric. In 2020, the operating profit margin stood at 29.65%, which decreased slightly to 26.82% in 2021. However, there was an improvement in 2022, with the margin increasing to 30.21%. Subsequently, in 2023 and 2024, the operating profit margin declined to 25.20% and 25.30%, respectively.
Overall, Tegna Inc's operating profit margin has shown variability in recent years, with peaks and troughs. It is important for the company to monitor and manage its operating expenses effectively to sustain or improve profitability levels over time.
Peer comparison
Dec 31, 2024