Tegna Inc (TGNA)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 42.46% | 39.83% | 37.85% | 39.36% | 40.02% | 44.29% | 46.15% | 47.35% | 48.37% | 46.83% | 46.97% | 46.83% | 46.55% | 49.56% | 49.92% | 48.72% | 48.83% | 45.84% | 44.71% | 46.64% |
| 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% |
| Pretax margin | 24.92% | 21.91% | 20.26% | 25.00% | 20.84% | 25.55% | 26.90% | 24.35% | 25.42% | 22.53% | 22.08% | 21.21% | 20.52% | 24.77% | 25.19% | 22.75% | 21.68% | 15.90% | 12.27% | 15.66% |
| 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% |
Tegna Inc has exhibited fluctuations in its profitability ratios over the period from March 31, 2020, to December 31, 2024.
- Gross profit margin has shown a downward trend from 46.64% in March 2020 to 42.46% in December 2024, with some variations along the way.
- Operating profit margin fluctuated throughout the period, peaking at 31.98% in June 2021 but declining to 19.56% in June 2024 before slightly improving to 25.30% in December 2024.
- Pretax margin also experienced fluctuations, ranging from 12.27% in June 2020 to 26.90% in June 2023, before declining to 21.91% in September 2024.
- Net profit margin, similarly, displayed variations from 9.51% in June 2020 to 20.92% in June 2023, before dropping to 15.44% in June 2024 and then rebounding to 19.28% in December 2024.
Overall, Tegna Inc's profitability ratios have shown some volatility across the years, influenced by factors such as revenue changes, cost management, and economic conditions. Monitoring these ratios can provide insights into the company's operational efficiency and financial health.
Return on investment
| 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 return on assets (Operating ROA) | 10.71% | 9.10% | 7.90% | 9.85% | 10.51% | 12.76% | 14.27% | 12.92% | 13.52% | 12.24% | 12.22% | 11.90% | 11.60% | 14.23% | 14.65% | 13.01% | 12.72% | 9.42% | 7.70% | 8.72% |
| Return on assets (ROA) | 8.16% | 6.85% | 6.24% | 7.88% | 6.78% | 8.59% | 9.38% | 8.11% | 8.60% | 7.60% | 7.52% | 7.28% | 6.90% | 8.54% | 8.71% | 7.42% | 7.05% | 4.64% | 3.44% | 4.33% |
| Return on total capital | 26.18% | 23.20% | 21.40% | 22.20% | 24.39% | 28.31% | 31.20% | 30.69% | 32.79% | 31.12% | 31.90% | 32.43% | 33.06% | 41.82% | 45.32% | 42.82% | 43.44% | 38.52% | 35.40% | 38.89% |
| Return on equity (ROE) | 19.90% | 17.17% | 15.78% | 20.02% | 17.56% | 20.87% | 22.99% | 19.03% | 20.51% | 18.80% | 19.10% | 19.04% | 18.93% | 24.46% | 26.37% | 23.79% | 23.46% | 17.92% | 14.24% | 18.00% |
Tegna Inc's profitability ratios exhibit a mixed performance over the past few years. Let's break down the analysis based on the provided data:
1. Operating Return on Assets (Operating ROA):
The operating ROA has shown a fluctuating trend, generally improving from around 8%-9% in 2020 to about 14% in mid-2021. However, it dipped slightly in late 2021 and remained in the range of 11% to 14% through 2023 and 2024. This indicates that Tegna's operating profits generated from its assets have been relatively stable, with periods of slight improvement.
2. Return on Assets (ROA):
The overall return on assets has also been variable, with values ranging from 3%-9%. The ROA improved gradually from 4% in early 2020 to approximately 9% by mid-2023 before experiencing a slight decline in late 2023 and 2024. This suggests that Tegna has been able to generate better returns for its shareholders from its total assets, albeit with fluctuations.
3. Return on Total Capital:
The return on total capital has shown a declining trend, decreasing from around 39% in early 2020 to approximately 23% by late 2024. This indicates that the efficiency of Tegna's total capital deployment to generate profits has decreased over the past few years, signaling a drop in overall profitability.
4. Return on Equity (ROE):
The return on equity has had a fluctuating pattern, varying from 14% to 27%. The ROE peaked in mid-2021 but then declined and remained in the range of 18% to 23% by the end of 2024. This suggests that Tegna's ability to generate profits from shareholders' equity has been somewhat inconsistent, with periods of improvement followed by moderation.
In conclusion, while Tegna Inc has shown some positive trends in operating profitability and returns on assets, there are signs of decreasing efficiency in generating profits from total capital and equity. It would be beneficial for Tegna to focus on strategies to enhance overall profitability and maintain a more consistent performance in the future.