Stock Analysis on Net

Time Warner Inc. (NYSE:TWX)

This company has been moved to the archive! The financial data has not been updated since April 26, 2018.

Analysis of Profitability Ratios
Quarterly Data

Microsoft Excel

Profitability Ratios (Summary)

Time Warner Inc., profitability ratios (quarterly data)

Microsoft Excel
Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013
Return on Sales
Gross profit margin 42.82% 43.57% 43.95% 43.34% 43.84% 44.14% 43.63% 43.65% 43.21% 42.55% 43.22% 42.02% 41.80% 41.98% 42.84% 44.73% 44.94% 45.53%
Operating profit margin 24.28% 25.33% 25.22% 24.81% 25.64% 25.74% 25.41% 25.31% 25.00% 24.41% 24.04% 21.26% 20.64% 21.84% 22.63% 25.16% 24.42% 22.17%
Net profit margin 17.33% 16.78% 13.59% 14.10% 13.90% 13.39% 15.75% 14.54% 14.41% 13.63% 12.93% 12.84% 12.66% 13.99% 14.41% 14.85% 14.26% 12.39%
Return on Investment
Return on equity (ROE) 18.34% 18.49% 15.22% 16.34% 16.27% 16.13% 18.49% 16.99% 17.10% 16.23% 15.62% 15.09% 14.48% 15.64% 16.22% 16.63% 14.08% 12.34%
Return on assets (ROA) 7.92% 7.58% 6.07% 6.42% 6.30% 5.95% 6.83% 6.33% 6.45% 6.00% 5.89% 5.72% 5.64% 6.05% 6.49% 6.68% 6.20% 5.43%

Based on: 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31).

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Time Warner Inc. gross profit margin ratio deteriorated from Q3 2017 to Q4 2017 and from Q4 2017 to Q1 2018.
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Time Warner Inc. operating profit margin ratio improved from Q3 2017 to Q4 2017 but then deteriorated significantly from Q4 2017 to Q1 2018.
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Time Warner Inc. net profit margin ratio improved from Q3 2017 to Q4 2017 and from Q4 2017 to Q1 2018.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Time Warner Inc. ROE improved from Q3 2017 to Q4 2017 but then slightly deteriorated from Q4 2017 to Q1 2018.
ROA A profitability ratio calculated as net income divided by total assets. Time Warner Inc. ROA improved from Q3 2017 to Q4 2017 and from Q4 2017 to Q1 2018.

Gross Profit Margin

Time Warner Inc., gross profit margin calculation (quarterly data)

Microsoft Excel
Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013
Selected Financial Data (US$ in millions)
Gross profit 3,279 3,430 3,667 3,125 3,402 3,233 3,294 3,112 3,303 2,727 3,038 3,160 3,039 3,107 2,562 2,863 2,952 3,789 3,373 3,214 3,189
Revenues 7,996 8,611 7,595 7,330 7,735 7,891 7,167 6,952 7,308 7,079 6,564 7,348 7,127 7,525 6,243 6,788 6,803 8,565 6,856 7,435 6,939
Profitability Ratio
Gross profit margin1 42.82% 43.57% 43.95% 43.34% 43.84% 44.14% 43.63% 43.65% 43.21% 42.55% 43.22% 42.02% 41.80% 41.98% 42.84% 44.73% 44.94% 45.53%
Benchmarks
Gross Profit Margin, Competitors2
Alphabet Inc.
Comcast Corp.
Meta Platforms Inc.
Netflix Inc.
Walt Disney Co.

Based on: 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31).

1 Q1 2018 Calculation
Gross profit margin = 100 × (Gross profitQ1 2018 + Gross profitQ4 2017 + Gross profitQ3 2017 + Gross profitQ2 2017) ÷ (RevenuesQ1 2018 + RevenuesQ4 2017 + RevenuesQ3 2017 + RevenuesQ2 2017)
= 100 × (3,279 + 3,430 + 3,667 + 3,125) ÷ (7,996 + 8,611 + 7,595 + 7,330) = 42.82%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Time Warner Inc. gross profit margin ratio deteriorated from Q3 2017 to Q4 2017 and from Q4 2017 to Q1 2018.

Operating Profit Margin

Time Warner Inc., operating profit margin calculation (quarterly data)

Microsoft Excel
Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013
Selected Financial Data (US$ in millions)
Operating income 1,811 1,907 2,245 1,692 2,076 1,691 2,014 1,846 1,996 1,386 1,834 1,859 1,786 1,389 971 1,567 2,048 1,840 1,844 1,511 1,410
Revenues 7,996 8,611 7,595 7,330 7,735 7,891 7,167 6,952 7,308 7,079 6,564 7,348 7,127 7,525 6,243 6,788 6,803 8,565 6,856 7,435 6,939
Profitability Ratio
Operating profit margin1 24.28% 25.33% 25.22% 24.81% 25.64% 25.74% 25.41% 25.31% 25.00% 24.41% 24.04% 21.26% 20.64% 21.84% 22.63% 25.16% 24.42% 22.17%
Benchmarks
Operating Profit Margin, Competitors2
Alphabet Inc.
Comcast Corp.
Meta Platforms Inc.
Netflix Inc.
Walt Disney Co.

Based on: 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31).

1 Q1 2018 Calculation
Operating profit margin = 100 × (Operating incomeQ1 2018 + Operating incomeQ4 2017 + Operating incomeQ3 2017 + Operating incomeQ2 2017) ÷ (RevenuesQ1 2018 + RevenuesQ4 2017 + RevenuesQ3 2017 + RevenuesQ2 2017)
= 100 × (1,811 + 1,907 + 2,245 + 1,692) ÷ (7,996 + 8,611 + 7,595 + 7,330) = 24.28%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Time Warner Inc. operating profit margin ratio improved from Q3 2017 to Q4 2017 but then deteriorated significantly from Q4 2017 to Q1 2018.

Net Profit Margin

Time Warner Inc., net profit margin calculation (quarterly data)

Microsoft Excel
Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013
Selected Financial Data (US$ in millions)
Net income attributable to Time Warner Inc. shareholders 1,643 1,389 1,372 1,062 1,424 293 1,467 952 1,214 857 1,035 971 970 718 967 850 1,292 983 1,183 771 754
Revenues 7,996 8,611 7,595 7,330 7,735 7,891 7,167 6,952 7,308 7,079 6,564 7,348 7,127 7,525 6,243 6,788 6,803 8,565 6,856 7,435 6,939
Profitability Ratio
Net profit margin1 17.33% 16.78% 13.59% 14.10% 13.90% 13.39% 15.75% 14.54% 14.41% 13.63% 12.93% 12.84% 12.66% 13.99% 14.41% 14.85% 14.26% 12.39%
Benchmarks
Net Profit Margin, Competitors2
Alphabet Inc.
Comcast Corp.
Meta Platforms Inc.
Netflix Inc.
Walt Disney Co.

Based on: 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31).

1 Q1 2018 Calculation
Net profit margin = 100 × (Net income attributable to Time Warner Inc. shareholdersQ1 2018 + Net income attributable to Time Warner Inc. shareholdersQ4 2017 + Net income attributable to Time Warner Inc. shareholdersQ3 2017 + Net income attributable to Time Warner Inc. shareholdersQ2 2017) ÷ (RevenuesQ1 2018 + RevenuesQ4 2017 + RevenuesQ3 2017 + RevenuesQ2 2017)
= 100 × (1,643 + 1,389 + 1,372 + 1,062) ÷ (7,996 + 8,611 + 7,595 + 7,330) = 17.33%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Time Warner Inc. net profit margin ratio improved from Q3 2017 to Q4 2017 and from Q4 2017 to Q1 2018.

Return on Equity (ROE)

Time Warner Inc., ROE calculation (quarterly data)

Microsoft Excel
Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013
Selected Financial Data (US$ in millions)
Net income attributable to Time Warner Inc. shareholders 1,643 1,389 1,372 1,062 1,424 293 1,467 952 1,214 857 1,035 971 970 718 967 850 1,292 983 1,183 771 754
Total Time Warner Inc. shareholders’ equity 29,805 28,375 27,267 25,987 25,425 24,335 24,278 23,888 23,843 23,619 23,648 24,025 24,198 24,476 25,230 25,907 30,044 29,904 29,929 29,782 29,991
Profitability Ratio
ROE1 18.34% 18.49% 15.22% 16.34% 16.27% 16.13% 18.49% 16.99% 17.10% 16.23% 15.62% 15.09% 14.48% 15.64% 16.22% 16.63% 14.08% 12.34%
Benchmarks
ROE, Competitors2
Alphabet Inc.
Comcast Corp.
Meta Platforms Inc.
Netflix Inc.
Walt Disney Co.

Based on: 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31).

1 Q1 2018 Calculation
ROE = 100 × (Net income attributable to Time Warner Inc. shareholdersQ1 2018 + Net income attributable to Time Warner Inc. shareholdersQ4 2017 + Net income attributable to Time Warner Inc. shareholdersQ3 2017 + Net income attributable to Time Warner Inc. shareholdersQ2 2017) ÷ Total Time Warner Inc. shareholders’ equity
= 100 × (1,643 + 1,389 + 1,372 + 1,062) ÷ 29,805 = 18.34%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Time Warner Inc. ROE improved from Q3 2017 to Q4 2017 but then slightly deteriorated from Q4 2017 to Q1 2018.

Return on Assets (ROA)

Time Warner Inc., ROA calculation (quarterly data)

Microsoft Excel
Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013
Selected Financial Data (US$ in millions)
Net income attributable to Time Warner Inc. shareholders 1,643 1,389 1,372 1,062 1,424 293 1,467 952 1,214 857 1,035 971 970 718 967 850 1,292 983 1,183 771 754
Total assets 68,997 69,209 68,343 66,096 65,649 65,966 65,764 64,127 63,254 63,848 62,674 63,425 62,195 63,259 63,095 64,490 68,199 67,994 66,453 66,322 66,947
Profitability Ratio
ROA1 7.92% 7.58% 6.07% 6.42% 6.30% 5.95% 6.83% 6.33% 6.45% 6.00% 5.89% 5.72% 5.64% 6.05% 6.49% 6.68% 6.20% 5.43%
Benchmarks
ROA, Competitors2
Alphabet Inc.
Comcast Corp.
Meta Platforms Inc.
Netflix Inc.
Walt Disney Co.

Based on: 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31).

1 Q1 2018 Calculation
ROA = 100 × (Net income attributable to Time Warner Inc. shareholdersQ1 2018 + Net income attributable to Time Warner Inc. shareholdersQ4 2017 + Net income attributable to Time Warner Inc. shareholdersQ3 2017 + Net income attributable to Time Warner Inc. shareholdersQ2 2017) ÷ Total assets
= 100 × (1,643 + 1,389 + 1,372 + 1,062) ÷ 68,997 = 7.92%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROA A profitability ratio calculated as net income divided by total assets. Time Warner Inc. ROA improved from Q3 2017 to Q4 2017 and from Q4 2017 to Q1 2018.