Fox Corp Class A (FOXA)

Operating return on assets (Operating ROA)

Jun 30, 2025 Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021
Operating income US$ in thousands 3,229,000 2,478,000 2,764,000 2,065,000 3,348,000
Total assets US$ in thousands 23,195,000 21,972,000 21,866,000 22,185,000 22,926,000
Operating ROA 13.92% 11.28% 12.64% 9.31% 14.60%

June 30, 2025 calculation

Operating ROA = Operating income ÷ Total assets
= $3,229,000K ÷ $23,195,000K
= 13.92%

The operating return on assets (ROA) for Fox Corp Class A has experienced notable fluctuations over the period from June 30, 2021, to June 30, 2025. As of June 30, 2021, the operating ROA stood at 14.60%, indicating a robust efficiency in generating operating income relative to total assets. By June 30, 2022, this metric declined significantly to 9.31%, reflecting a potential decrease in operating efficiency or profitability relative to assets during that period.

Subsequently, the operating ROA increased to 12.64% by June 30, 2023, demonstrating a partial recovery and suggesting improvements in operating performance. However, by June 30, 2024, the ratio declined again to 11.28%, indicating some contraction in efficiency. The most recent data point shows a further increase to 13.92% as of June 30, 2025, which signals a positive trend and a strengthening of operating performance relative to the asset base.

Overall, the operating ROA has demonstrated volatility over the analyzed period, recovering from a significant dip in 2022 and exhibiting a positive upward trend in 2025. This pattern may reflect changes in operational efficiency, asset utilization, or strategic adjustments within the company.