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Paramount Global Class B
Previous close
$12.74
Day range
$12.40 - $12.81
Year range
$10.12 - $24.00
Market cap
8.69B USD
Avg Volume
22.81M
P/E ratio
-
Dividend yield
1.58%
Primary exchange
NASDAQ
Top news
Q1 earnings forecast for Paramount Global
Financials
Income Statement
Revenue
Net income
(USD) | Dec 2023info | Y/Y change |
---|---|---|
Revenue | 7.64B | -6.06% |
Operating expense | 2.08B | -2.84% |
Net income | 514.00M | 2,347.62% |
Net profit margin | 6.73 | 2,488.46% |
Earnings per share | 0.04 | -50.00% |
EBITDA | 516.00M | -13.71% |
Effective tax rate | 91.46% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Dec 2023info | Y/Y change |
---|---|---|
Cash and short-term investments | 2.46B | -14.73% |
Total assets | 53.54B | -8.31% |
Total liabilities | 30.49B | -12.34% |
Total equity | 23.05B | — |
Shares outstanding | 652.49M | — |
Price to book | 0.37 | — |
Return on assets | 1.89% | — |
Return on capital | 2.60% | — |
Cash Flow
Net change in cash
(USD) | Dec 2023info | Y/Y change |
---|---|---|
Net income | 514.00M | 2,347.62% |
Cash from operations | 444.00M | 514.95% |
Cash from investing | 1.29B | 999.30% |
Cash from financing | -1.10B | -265.67% |
Net change in cash | 656.00M | 231.73% |
Free cash flow | 14.92B | -0.25% |
About
Paramount Global is an American multinational mass media and entertainment conglomerate controlled by National Amusements and headquartered at One Astor Plaza in Midtown Manhattan in New York City. The company was formed on December 4, 2019, as ViacomCBS Inc. through the merger of the second incarnations of CBS Corporation and Viacom. The company took its current name on February 16, 2022, the day after its Q4 earnings presentation.
Paramount's main properties include the namesake Paramount Pictures film and television studio, the CBS Entertainment Group, media networks and the company's streaming services. It also has an international division that manages international versions of its pay TV networks, as well as region-specific assets including Argentina's Telefe, Chile's Chilevisión, India's Colors, the United Kingdom's Channel 5, and Australia's Network 10. Between 2011 and 2023, the division also owned a 30% stake in the Rainbow S.p.A. studio.
As of 2019, the company operates over 170 networks and reaches approximately 700 million subscribers in 180 countries. Wikipedia
Founded
Dec 4, 2019
Headquarters
Website
Employees
21,900