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Paramount Global Class A
Previous close
$21.93
Day range
$21.74 - $21.97
Year range
$13.41 - $26.34
Market cap
7.44B USD
Avg Volume
45.80K
P/E ratio
-
Dividend yield
0.92%
In the news
Financials
Income Statement
Revenue
Net income
| (USD) | Jun 2024info | Y/Y change |
|---|---|---|
Revenue | 6.81B | -10.54% |
Operating expense | 1.72B | -10.96% |
Net income | -5.41B | -1,710.37% |
Net profit margin | -79.45 | -1,921.63% |
Earnings per share | 0.54 | 440.00% |
EBITDA | 832.00M | 46.48% |
Effective tax rate | 3.83% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Jun 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 2.32B | 35.06% |
Total assets | 45.89B | -17.11% |
Total liabilities | 28.94B | -12.83% |
Total equity | 16.95B | — |
Shares outstanding | 666.71M | — |
Price to book | 0.89 | — |
Return on assets | 3.73% | — |
Return on capital | 5.16% | — |
Cash Flow
Net change in cash
| (USD) | Jun 2024info | Y/Y change |
|---|---|---|
Net income | -5.41B | -1,710.37% |
Cash from operations | 59.00M | 356.52% |
Cash from investing | -69.00M | 50.00% |
Cash from financing | -50.00M | 78.72% |
Net change in cash | -69.00M | 82.53% |
Free cash flow | 257.50M | 147.90% |
About
Paramount Global is an American multinational mass media and entertainment conglomerate controlled by National Amusements and headquartered at One Astor Plaza in Times Square, Midtown Manhattan. The company was formed on December 4, 2019, as ViacomCBS through the merger of the second incarnations of CBS Corporation and Viacom. The company took its current name on February 16, 2022.
Paramount's main properties include the namesake Paramount Pictures film and television studio, the CBS Entertainment Group, Paramount Media Networks and Paramount Streaming. 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, the United Kingdom's Channel 5, and Australia's Network 10. From 2011 to 2023, the division also owned a 30% stake in the Italian Rainbow S.p.A. studio.
As of 2019, the company operates over 170 networks and reaches approximately 700 million subscribers in 180 countries.
In 2024, National Amusements held talks for a potential merger or acquisition of Paramount Global, with Warner Bros. Wikipedia
Founded
Dec 4, 2019
Headquarters
Website
Employees
21,900
