Tegna Inc (TGNA)

Operating 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
Operating income (ttm)	US$ in thousands	784,784	655,258	560,023	699,762	735,757	918,027	1,015,628	955,050	990,632	871,830	850,922	815,423	802,216	986,448	1,002,799	892,374	870,982	654,060	533,192	600,907
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
Operating profit margin		25.30%	22.16%	19.56%	24.26%	25.28%	29.59%	31.82%	29.43%	30.21%	27.79%	27.54%	26.84%	26.82%	31.28%	31.98%	29.94%	29.65%	24.28%	21.26%	24.36%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $784,784K ÷ $3,101,971K
= 25.30%

Tegna Inc's operating profit margin has shown fluctuations over the periods analyzed. It started at a relatively high level of 24.36% on March 31, 2020, but decreased to 21.26% by June 30, 2020. The margin then improved to 29.65% by December 31, 2020, demonstrating strong operational efficiency.

Subsequently, Tegna Inc continued to perform well with operating profit margins remaining above 29% for the next few quarters, reaching a peak of 31.98% on June 30, 2021. However, there was a slight decline to 26.82% by December 31, 2021, before stabilizing around the mid to high 20% range.

The operating profit margin fluctuated between 24% and 31% over the following quarters, with occasional peaks and troughs. The margin trended downwards towards the end of the period, decreasing to 19.56% on June 30, 2024, before recovering slightly to 25.30% by December 31, 2024.

Overall, Tegna Inc's operating profit margin reflects variability in its operational performance, influenced by factors such as revenue generation, cost management, and efficiency measures implemented by the company.