Fox Corp Class A (FOXA)

Return on assets (ROA)

Jun 30, 2025 Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021
Net income US$ in thousands 2,263,000 1,501,000 1,239,000 1,205,000 2,150,000
Total assets US$ in thousands 23,195,000 21,972,000 21,866,000 22,185,000 22,926,000
ROA 9.76% 6.83% 5.67% 5.43% 9.38%

June 30, 2025 calculation

ROA = Net income ÷ Total assets
= $2,263,000K ÷ $23,195,000K
= 9.76%

The return on assets (ROA) for Fox Corp Class A demonstrates fluctuations over the specified period from June 30, 2021, to June 30, 2025. As of June 30, 2021, the ROA was 9.38%, indicating a relatively strong efficiency in utilizing assets to generate net income. However, this metric experienced a notable decline in 2022, decreasing to 5.43%, which suggests a reduction in asset productivity or profitability during that year.

In the subsequent year, June 30, 2023, the ROA showed marginal improvement, rising slightly to 5.67%, but remained significantly below the 2021 level, indicating persistent challenges in asset utilization or profit margins. The upward trend continued into June 30, 2024, with the ROA increasing to 6.83%, reflecting a positive trajectory in operational efficiency or profitability.

Looking ahead to June 30, 2025, the ROA further improved to 9.76%, surpassing the levels seen in 2021 and suggesting a notable recovery or enhancement in the company's ability to generate earnings from its assets. This progression indicates that Fox Corp Class A is experiencing a strengthening in its operational leverage and profitability efficiencies, potentially driven by strategic initiatives, operational improvements, or market conditions favorable to its business segments.

Overall, the ROA trend demonstrates a recovery from the lows observed in 2022, with a clear upward trajectory culminating in 2025. This implies an improving efficiency in asset utilization and profitability over the analyzed period.