Fox Corp Class B (FOX)
Profitability ratios
Return on sales
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 82.67% | 82.76% | 83.66% | 83.41% | 80.09% |
| Operating profit margin | 2.78% | 4.05% | 4.68% | 7.15% | 2.48% |
| Pretax margin | 14.66% | 11.55% | 11.92% | 22.21% | 11.39% |
| Net profit margin | 10.73% | 8.31% | 8.62% | 16.66% | 8.12% |
Fox Corp Class B has demonstrated a relatively stable gross profit margin over the past five years, ranging from 80.09% in 2020 to 83.66% in 2022. This indicates that the company has effectively managed its cost of goods sold and maintained a high level of profitability on its products or services.
However, there has been some fluctuation in the operating profit margin, which decreased from 7.15% in 2021 to 2.78% in 2024. This suggests that Fox Corp Class B may be experiencing challenges in controlling its operating expenses or generating sufficient revenue to cover these costs.
The pretax margin also shows variability, with a notable peak in 2021 at 22.21%. This may indicate fluctuations in pre-tax earnings relative to total revenue over the years.
In terms of net profit margin, Fox Corp Class B has generally displayed a positive trend, with an increase from 8.12% in 2020 to 10.73% in 2024. This indicates that the company has effectively managed its overall expenses, including interest and taxes, in relation to its revenue.
Overall, while the company has shown strong gross and net profit margins, there may be some areas, particularly in operating profit margin, where Fox Corp Class B could focus on improving efficiency and cost management to enhance overall profitability in the future.
Return on investment
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 1.77% | 2.76% | 2.95% | 4.03% | 1.40% |
| Return on assets (ROA) | 6.83% | 5.67% | 5.43% | 9.38% | 4.59% |
| Return on total capital | 2.25% | 12.68% | 11.02% | 17.80% | 9.81% |
| Return on equity (ROE) | 14.01% | 11.94% | 10.63% | 19.33% | 9.90% |
The profitability ratios of Fox Corp Class B show various trends over the past five years.
1. Operating return on assets (Operating ROA):
- The Operating ROA has been on a slight declining trend from 4.03% in 2021 to 1.77% in 2024. This indicates that the company's ability to generate operating income from its assets has decreased over the years.
2. Return on assets (ROA):
- The ROA fluctuated over the five-year period, with the highest value of 9.38% in 2021 and the lowest at 4.59% in 2020. The ratio improved to 6.83% in 2024. This ratio reflects how efficiently the company is utilizing its total assets to generate profits.
3. Return on total capital:
- The return on total capital also shows variability, ranging from a high of 17.80% in 2021 to a low of 2.25% in 2024. This ratio indicates the return the company is generating on both debt and equity capital invested in the business.
4. Return on equity (ROE):
- The ROE has fluctuated over the years, with a peak of 19.33% in 2021 and a low of 9.90% in 2020. The ROE in 2024 stands at 14.01%. This ratio measures the return generated on the shareholders' equity invested in the company.
Overall, while the company has shown varying profitability trends, it is essential for Fox Corp Class B to closely monitor and manage its profitability ratios to ensure sustained financial performance and shareholder value.