News Corp B (NWS)

Total 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
Total assets US$ in thousands 15,504,000 16,580,000 16,161,000 16,927,000 16,684,000 16,544,000 16,681,000 16,475,000 16,921,000 17,034,000 16,891,000 16,387,000 17,221,000 17,419,000 16,520,000 16,418,000 16,771,000 15,397,000 15,094,000 14,400,000
Total asset turnover 0.55 0.57 0.58 0.55 0.55 0.55 0.57 0.60 0.58 0.59 0.60 0.63 0.60 0.59 0.61 0.59 0.56 0.57 0.58 0.61

June 30, 2025 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $8,452,000K ÷ $15,504,000K
= 0.55

The total asset turnover of News Corp B exhibits a relatively stable trend over the analyzed period, oscillating within a narrow range between approximately 0.55 and 0.63. Starting at 0.61 as of September 30, 2020, the ratio declined slightly to 0.58 by December 31, 2020, and continued a gradual downward trajectory through March and June 2021, reaching 0.56. Subsequently, the ratio modestly increased to 0.59 by September 2021, where it remained relatively steady through December 2021 and March 2022 at approximately 0.59-0.60.

From late 2022 onward, the ratio demonstrated minor fluctuations but maintained a generally consistent level near 0.58 to 0.63. Specifically, it peaked at 0.63 on September 30, 2022, before slightly declining to 0.60-0.58 in early 2023. The trend from March 2023 to September 2024 indicates stabilization around 0.55-0.60, suggesting a steady efficiency in utilizing total assets to generate revenue. Towards the end of the observed period, the ratio settled at 0.57 as of March 31, 2025.

Overall, the data indicates that News Corp B’s total asset turnover has remained relatively constant over the analyzed timeframe, with minor fluctuations reflecting stable operational efficiency. This stability suggests that the company’s efficiency in deploying its total assets to generate sales has not experienced significant changes, potentially implying consistent asset management practices and operational stability during this period.


Peer comparison

Jun 30, 2025

Company name
Symbol
Total asset turnover
News Corp B
NWS
0.55
New York Times Company
NYT
0.91
News Corp A
NWSA
0.55