Fox Corp Class A (FOXA)

Return on assets (ROA)

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
Net income (ttm) US$ in thousands 2,263,000 1,865,000 2,185,000 1,921,000 1,501,000 1,557,000 837,000 1,041,000 1,239,000 1,170,000 1,507,000 1,109,000 1,205,000 1,152,000 1,436,000 1,745,000 2,150,000 2,019,000 1,530,000 1,606,000
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
ROA 9.76% 7.98% 9.49% 8.52% 6.83% 7.17% 3.66% 4.81% 5.67% 5.22% 6.52% 4.95% 5.43% 5.23% 6.28% 7.53% 9.38% 8.81% 6.72% 7.14%

June 30, 2025 calculation

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

The return on assets (ROA) for Fox Corp Class A demonstrates notable fluctuations over the analyzed period. Starting at 7.14% as of September 30, 2020, ROA experienced a declining trend through the subsequent quarters, dipping to a low of 4.81% by September 30, 2023. This decline reflects periods of reduced efficiency in generating profit from the company's total assets during these years.

However, the data indicates a reversal of this trend beginning in the final quarter of 2023. ROA increased markedly to 7.17% on March 31, 2024, and continued to rise subsequently to reach 8.52% by September 30, 2024. By the end of the period under review, the ROA further improved to 9.49% as of December 31, 2024, before experiencing slight declines and subsequent increases in 2025. Specifically, it decreases to 7.98% on March 31, 2025, before climbing again to 9.76% by June 30, 2025.

Overall, the ROA exhibits a pattern of initial decline, reaching a trough in late 2023, followed by a significant recovery and upward momentum into late 2024 and mid-2025. This pattern suggests periods of operational or strategic challenges, followed by effective adjustments leading to improved asset utilization and profitability in the more recent quarters.