Tegna Inc (TGNA)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 20.10% | 25.03% | 27.51% | 29.08% | 30.19% | 27.74% | 27.42% | 26.88% | 26.60% | 31.10% | 31.55% | 30.77% | 31.61% | 22.66% | 21.89% | 24.42% | 23.78% | 27.23% | 28.56% | 28.94% |
| Operating profit margin | 26.79% | 31.34% | 33.64% | 31.09% | 31.90% | 29.45% | 29.23% | 28.56% | 28.59% | 33.27% | 34.09% | 31.50% | 30.71% | 26.56% | 22.91% | 26.28% | 26.37% | 30.73% | 33.23% | 33.99% |
| Pretax margin | 22.17% | 27.07% | 28.44% | 25.71% | 26.82% | 23.84% | 23.40% | 22.53% | 21.83% | 26.30% | 26.82% | 23.93% | 22.46% | 17.42% | 13.23% | 16.89% | 17.72% | 22.31% | 25.25% | 26.16% |
| 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% |
TEGNA Inc's profitability ratios have shown a downward trend over the past eight quarters. The gross profit margin, which measures the percentage of revenue remaining after accounting for the cost of goods sold, has decreased steadily from 48.37% in Q4 2022 to 40.95% in Q4 2023. This decline indicates potential challenges in managing production costs efficiently.
Similarly, the operating profit margin, reflecting the company's ability to control operating expenses, has decreased from 30.20% in Q4 2022 to 20.64% in Q4 2023. This suggests that TEGNA Inc may be facing challenges in managing its operating costs effectively, impacting its profitability.
The pretax margin, which shows the percentage of earnings before taxes, has fluctuated over the quarters but has also shown a general downward trend. From 25.42% in Q4 2022, it decreased to 20.84% in Q4 2023. This may indicate that TEGNA Inc's pre-tax earnings are under pressure due to various factors such as declining revenues or rising expenses.
Furthermore, the net profit margin, which represents the percentage of revenue that translates to net income after all expenses, has also decreased from 19.23% in Q4 2022 to 16.38% in Q4 2023. This downward trend suggests that TEGNA Inc's bottom-line profitability has been impacted, possibly due to challenges in cost management or declining revenues.
In conclusion, TEGNA Inc's profitability ratios have exhibited a declining trend over the past quarters, indicating potential challenges in controlling costs and maintaining profitability. It may be crucial for the company to assess its cost structures and operational efficiencies to improve its financial performance in the future.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 10.48% | 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% | 8.04% | 9.20% | 12.61% | 13.04% |
| Return on assets (ROA) | 6.81% | 8.61% | 9.40% | 8.12% | 8.60% | 7.60% | 7.52% | 7.27% | 6.89% | 8.54% | 8.71% | 7.42% | 7.05% | 4.64% | 3.44% | 4.33% | 4.12% | 5.26% | 7.61% | 7.97% |
| Return on total capital | 13.50% | 16.01% | 17.27% | 15.48% | 16.40% | 14.83% | 14.81% | 14.53% | 13.88% | 16.83% | 17.21% | 15.52% | 15.10% | 11.39% | 9.17% | 10.51% | 10.07% | 11.46% | 15.94% | 16.87% |
| Return on equity (ROE) | 17.62% | 20.91% | 23.04% | 19.06% | 20.52% | 18.81% | 19.09% | 19.04% | 18.93% | 24.46% | 26.37% | 23.80% | 23.46% | 17.92% | 14.24% | 18.00% | 18.00% | 23.86% | 27.84% | 30.21% |
TEGNA Inc's profitability ratios demonstrate a healthy performance over the past eight quarters. The trend in Operating Return on Assets (Operating ROA) has shown slight fluctuations, ranging from 8.58% to 12.91%. This ratio indicates the company's ability to generate operating income relative to its total assets, with higher percentages reflecting better operational efficiency.
Similarly, Return on Assets (ROA) has also exhibited variability, with values between 6.81% and 9.40%. ROA measures overall profitability by evaluating how effectively the company utilizes its assets to generate earnings. The fluctuations in this ratio reflect changes in TEGNA Inc's asset management efficiency and profitability.
Return on Total Capital, reflecting the company's ability to generate returns from both debt and equity capital, has ranged from 10.39% to 15.33%. This ratio indicates the overall profitability of the company's investment in both debt and equity, with higher percentages signaling effective capital allocation and utilization.
Furthermore, Return on Equity (ROE), showing the profitability of shareholders' equity investments, has ranged from 17.62% to 23.04%. ROE measures how efficiently the company is using shareholders' equity to generate profits, with higher values indicating better returns for equity investors.
Overall, TEGNA Inc has displayed consistent profitability across the examined periods, with varying levels of operational efficiency, asset utilization, capital returns, and equity profitability.