News Corp B (NWS)
Fixed asset turnover
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 8,452,000 | 9,401,000 | 9,386,000 | 9,283,000 | 9,205,000 | 9,061,000 | 9,514,000 | 9,900,000 | 9,879,000 | 10,120,000 | 10,165,000 | 10,361,000 | 10,385,000 | 10,203,000 | 10,046,000 | 9,743,000 | 9,358,000 | 8,789,000 | 8,720,000 | 8,785,000 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | — | — | 2,488,000 | 2,017,000 | 2,045,000 | 1,971,000 | 2,994,000 | 2,167,000 | 3,097,000 | 3,170,000 | 3,307,000 | 2,261,000 | 2,315,000 | 3,273,000 |
| Fixed asset turnover | — | — | — | — | — | — | — | — | 3.97 | 5.02 | 4.97 | 5.26 | 3.47 | 4.71 | 3.24 | 3.07 | 2.83 | 3.89 | 3.77 | 2.68 |
June 30, 2025 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $8,452,000K ÷ $—K
= —
The fixed asset turnover ratio for News Corp B demonstrates notable fluctuations over the analyzed period, reflecting evolving efficiency in utilizing fixed assets to generate revenue. Starting from a ratio of 2.68 on September 30, 2020, there is a progressive upward trend observed through the subsequent quarters, reaching a peak of 5.26 on September 30, 2022. This increase indicates an enhanced ability to generate sales from the company’s fixed assets during this period, possibly due to operational improvements, asset reallocation, or revenue growth outpacing asset investments.
Following the peak in September 2022, the ratio experiences a slight decline to 4.97 in December 2022 and remains relatively stable through the first quarter of 2023 at 5.02. This stability suggests maintained efficiency levels, albeit at slightly reduced levels compared to the peak. Subsequently, a further decrease is observed, with the ratio falling to 3.97 by June 2023, indicating a potential reduction in asset utilization efficiency or a slowdown in revenue growth relative to fixed assets.
Data for subsequent periods, including the latter half of 2023 and beyond, are unavailable or unreported, preventing further temporal analysis. Overall, the trend indicates that News Corp B experienced a significant improvement in fixed asset utilization efficiency during the period leading up to late 2022, followed by a modest decline thereafter.
Peer comparison
Jun 30, 2025