Fox Corp Class A (FOXA)
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% |
Over the five-year period under consideration, Fox Corp Class A has shown consistency in its gross profit margin, remaining relatively high throughout the period, ranging from 80.09% to 83.66%. This indicates the company's ability to effectively manage its production costs and generate profits from its core operations.
However, there is significant variability in the operating profit margin, which declined from 7.15% in 2021 to 2.78% in 2024. This suggests that the company's operating expenses have increased relative to its revenues, impacting its profitability at the operating level.
The pretax margin also fluctuated over the period, reaching a peak of 22.21% in 2021 but declining to 14.66% in 2024. This indicates changes in the company's ability to manage its operating expenses, interest payments, and non-operating income.
Similarly, the net profit margin shows variation, with a significant increase in 2021 to 16.66%, followed by a decline to 10.73% in 2024. This metric reflects the company's overall ability to generate profits after considering all expenses and taxes.
In summary, while Fox Corp Class A has maintained a strong gross profit margin, there are fluctuations in its operating, pretax, and net profit margins, suggesting potential challenges in controlling costs and maximizing profitability over the period analyzed.
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% |
Looking at Fox Corp Class A's profitability ratios over the past five years, we can see some fluctuations in their performance:
1. Operating return on assets (Operating ROA) has seen a downward trend, dropping from 4.03% in 2021 to 1.77% in 2024. This indicates the company's ability to generate profits from its assets used in its core operations has decreased over time.
2. Return on assets (ROA) has shown a mixed trend, with fluctuations year over year. In 2024, ROA increased to 6.83% from 5.67% in 2023, suggesting the company improved profitability relative to its total assets in that period.
3. Return on total capital has also experienced variability, with a sharp decline from 17.80% in 2021 to 2.25% in 2024. This indicates that the company's ability to generate returns from all available capital has significantly decreased.
4. Return on equity (ROE) has shown some inconsistencies, with an increase in 2024 to 14.01% from 11.94% in 2023. Although ROE improved in 2024, it still remains lower than the peak of 19.33% in 2021.
Overall, the profitability ratios of Fox Corp Class A demonstrate a mixed performance over the past five years, with fluctuations seen in important metrics such as ROA, Operating ROA, Return on Total Capital, and ROE. Analysts may need to further investigate the underlying reasons for these trends to assess the company's overall financial health.