Net Profit Margin
since 2005
Calculation
Paramount Global, net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net earnings (loss) attributable to Paramount1 | ÷ | Revenues1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2022 | 3.66% | = | 100 | × | 1,104) | ÷ | 30,154) |
| Dec 31, 2021 | 15.89% | = | 100 | × | 4,543) | ÷ | 28,586) |
| Dec 31, 2020 | 9.58% | = | 100 | × | 2,422) | ÷ | 25,285) |
| Dec 31, 2019 | 11.89% | = | 100 | × | 3,308) | ÷ | 27,812) |
| Dec 31, 2018 | 13.50% | = | 100 | × | 1,960) | ÷ | 14,514) |
| Dec 31, 2017 | 2.61% | = | 100 | × | 357) | ÷ | 13,692) |
| Dec 31, 2016 | 9.58% | = | 100 | × | 1,261) | ÷ | 13,166) |
| Dec 31, 2015 | 10.18% | = | 100 | × | 1,413) | ÷ | 13,886) |
| Dec 31, 2014 | 21.43% | = | 100 | × | 2,959) | ÷ | 13,806) |
| Dec 31, 2013 | 12.29% | = | 100 | × | 1,879) | ÷ | 15,284) |
| Dec 31, 2012 | 11.17% | = | 100 | × | 1,574) | ÷ | 14,089) |
| Dec 31, 2011 | 9.16% | = | 100 | × | 1,305) | ÷ | 14,245) |
| Dec 31, 2010 | 5.15% | = | 100 | × | 724) | ÷ | 14,060) |
| Dec 31, 2009 | 1.74% | = | 100 | × | 227) | ÷ | 13,015) |
| Dec 31, 2008 | -83.68% | = | 100 | × | (11,673) | ÷ | 13,950) |
| Dec 31, 2007 | 8.86% | = | 100 | × | 1,247) | ÷ | 14,073) |
| Dec 31, 2006 | 11.60% | = | 100 | × | 1,661) | ÷ | 14,320) |
| Dec 31, 2005 | -48.77% | = | 100 | × | (7,089) | ÷ | 14,536) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
- Net Earnings (Loss) Attributable to Paramount
- The net earnings exhibit significant volatility over the observed period. Early years show large negative earnings, notably a substantial loss in 2008. This is followed by a recovery and consistent positive earnings from 2009 through 2019, peaking in 2019 with net earnings exceeding 3 billion US dollars. However, in 2020 and 2021, net earnings decreased somewhat but remained positive and relatively strong. A notable decline occurs again in 2022, with earnings falling to just above 1 billion US dollars, indicating increased challenges or one-time impacts during that year.
- Revenues
- Revenues remain relatively stable from 2005 to 2018, fluctuating in the range of approximately 13 to 15 billion US dollars annually, with some minor year-to-year variations. Starting in 2019, there is a marked increase in revenues, nearly doubling in 2019, likely due to an extraordinary event such as an acquisition or significant business expansion. Despite a decline in 2020 and 2021, revenues rise again in 2022, suggesting a recovery or continued growth momentum post-disturbance.
- Net Profit Margin
- The net profit margin mirrors the fluctuations in net earnings. The margin is deeply negative in 2005 and 2008, reflecting years of losses. From 2009 onward, the margin becomes positive and generally improves, reaching a peak in 2014 with over 21%. The subsequent years show variability but maintain profitability except for a decline again in 2022, when the margin diminishes sharply to around 3.66%. This deterioration in net margin, despite relatively high revenues, may indicate increased costs, reduced pricing power, or other operational challenges during that year.
- Overall Analysis
- The data shows a company recovering from initial large losses to a phase of consistent profitability with steady revenue growth. The sharp increase in revenues beginning in 2019 signals transformative business changes impacting size and scale. The fluctuations in net earnings and profit margins highlight sensitivity to operational factors or one-time events, especially notable in 2008 and 2022. The decreasing profitability margin in the latest period, despite elevated revenues, could indicate emerging challenges affecting margins that warrant further investigation.
Comparison to Competitors
Paramount Global, net profit margin, long-term trends, comparison to competitors
| Paramount Global | Alphabet Inc. | Comcast Corp. | Meta Platforms Inc. | Netflix Inc. | Walt Disney Co. | |
|---|---|---|---|---|---|---|
| Dec 31, 2022 | 3.66% | 21.20% | 4.42% | 19.90% | 14.21% | 3.80% |
| Dec 31, 2021 | 15.89% | 29.51% | 12.17% | 33.38% | 17.23% | 2.96% |
| Dec 31, 2020 | 9.58% | 22.06% | 10.17% | 33.90% | 11.05% | -4.38% |
| Dec 31, 2019 | 11.89% | 21.22% | 11.99% | 26.15% | 9.26% | 15.89% |
| Dec 31, 2018 | 13.50% | 22.46% | 12.41% | 39.60% | 7.67% | 21.20% |
| Dec 31, 2017 | 2.61% | 11.42% | 26.87% | 39.20% | 4.78% | 16.29% |
| Dec 31, 2016 | 9.58% | 21.58% | 10.81% | 36.97% | 2.11% | 16.88% |
| Dec 31, 2015 | 10.18% | 21.80% | 10.96% | 20.57% | 1.81% | 15.98% |
| Dec 31, 2014 | 21.43% | 21.88% | 12.18% | 23.58% | 4.85% | 15.37% |
| Dec 31, 2013 | 12.29% | 21.60% | 10.54% | 19.05% | 2.57% | 13.62% |
| Dec 31, 2012 | 11.17% | 21.40% | 9.91% | 1.04% | 0.48% | 13.44% |
| Dec 31, 2011 | 9.16% | 25.69% | 7.45% | — | 7.06% | 11.76% |
| Dec 31, 2010 | 5.15% | 29.01% | 9.58% | — | 7.44% | 10.41% |
| Dec 31, 2009 | 1.74% | 27.57% | 10.17% | — | 6.94% | 9.15% |
| Dec 31, 2008 | -83.68% | 19.39% | 7.44% | — | 6.08% | 11.70% |
| Dec 31, 2007 | 8.86% | 25.33% | 8.37% | — | 5.55% | 13.20% |
| Dec 31, 2006 | 11.60% | 29.02% | 10.15% | — | 4.92% | 9.84% |
| Dec 31, 2005 | -48.77% | 23.87% | 4.17% | — | 6.16% | 7.93% |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Media & Entertainment)
Paramount Global, net profit margin, long-term trends, comparison to sector (media & entertainment)
| Paramount Global | Media & Entertainment | |
|---|---|---|
| Dec 31, 2022 | 3.66% | 15.14% |
| Dec 31, 2021 | 15.89% | 23.20% |
| Dec 31, 2020 | 9.58% | 17.27% |
| Dec 31, 2019 | 11.89% | 18.28% |
| Dec 31, 2018 | 13.50% | 21.63% |
| Dec 31, 2017 | 2.61% | 20.09% |
| Dec 31, 2016 | 9.58% | 18.25% |
| Dec 31, 2015 | 10.18% | 16.19% |
| Dec 31, 2014 | 21.43% | 16.64% |
| Dec 31, 2013 | 12.29% | 15.12% |
| Dec 31, 2012 | 11.17% | 13.86% |
| Dec 31, 2011 | 9.16% | 13.73% |
| Dec 31, 2010 | 5.15% | 15.13% |
| Dec 31, 2009 | 1.74% | 13.97% |
| Dec 31, 2008 | -83.68% | 11.85% |
| Dec 31, 2007 | 8.86% | 13.71% |
| Dec 31, 2006 | 11.60% | 12.75% |
| Dec 31, 2005 | -48.77% | 8.14% |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Communication Services)
Paramount Global, net profit margin, long-term trends, comparison to industry (communication services)
| Paramount Global | Communication Services | |
|---|---|---|
| Dec 31, 2022 | 3.66% | 11.47% |
| Dec 31, 2021 | 15.89% | 18.71% |
| Dec 31, 2020 | 9.58% | 11.50% |
| Dec 31, 2019 | 11.89% | 14.63% |
| Dec 31, 2018 | 13.50% | 16.42% |
| Dec 31, 2017 | 2.61% | 19.83% |
| Dec 31, 2016 | 9.58% | 12.81% |
| Dec 31, 2015 | 10.18% | 12.78% |
| Dec 31, 2014 | 21.43% | 10.11% |
| Dec 31, 2013 | 12.29% | 12.57% |
| Dec 31, 2012 | 11.17% | 7.58% |
| Dec 31, 2011 | 9.16% | 6.73% |
| Dec 31, 2010 | 5.15% | 11.43% |
| Dec 31, 2009 | 1.74% | 9.07% |
| Dec 31, 2008 | -83.68% | 9.66% |
| Dec 31, 2007 | 8.86% | 9.78% |
| Dec 31, 2006 | 11.60% | 10.17% |
| Dec 31, 2005 | -48.77% | 9.53% |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).