Fox Corp Class B (FOX)
Total asset turnover
Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (ttm) | US$ in thousands | 16,300,000 | 16,105,000 | 15,181,000 | 14,337,000 | 13,980,000 | 13,920,000 | 14,557,000 | 14,928,000 | 14,913,000 | 14,914,000 | 14,285,000 | 14,121,000 | 13,974,000 | 13,831,000 | 13,591,000 | 13,237,000 | 12,909,000 | 12,437,000 | 12,662,000 | 12,353,000 |
Total assets | US$ in thousands | 23,195,000 | 23,367,000 | 23,022,000 | 22,538,000 | 21,972,000 | 21,717,000 | 22,846,000 | 21,649,000 | 21,866,000 | 22,396,000 | 23,126,000 | 22,424,000 | 22,185,000 | 22,016,000 | 22,878,000 | 23,161,000 | 22,926,000 | 22,907,000 | 22,754,000 | 22,497,000 |
Total asset turnover | 0.70 | 0.69 | 0.66 | 0.64 | 0.64 | 0.64 | 0.64 | 0.69 | 0.68 | 0.67 | 0.62 | 0.63 | 0.63 | 0.63 | 0.59 | 0.57 | 0.56 | 0.54 | 0.56 | 0.55 |
June 30, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $16,300,000K ÷ $23,195,000K
= 0.70
The total asset turnover ratio of Fox Corp Class B demonstrates a general upward trend over the analyzed period, indicating a gradual improvement in asset utilization efficiency. Starting at 0.55 as of September 30, 2020, the ratio shows modest increases through subsequent quarters, reaching approximately 0.69 by March 31, 2025.
Between September 2020 and December 2021, the ratio fluctuated narrowly, remaining within the range of 0.54 to 0.59. The ratio then experienced a more noticeable increase beginning in March 2022, rising from 0.63 to 0.68 by June 2023, suggesting enhanced efficiency in converting assets into revenue.
From June 2023 onwards, the ratio stabilized around 0.64 to 0.69, maintaining a relatively consistent level of asset utilization efficiency. The steady progression towards higher ratios over time indicates that Fox Corp's management has been increasingly effective in leveraging its asset base to generate sales or revenue. Overall, the trend signals positive operational improvements, with the company enhancing its asset utilization relative to revenue generation capabilities during this period.
Peer comparison
Jun 30, 2025