News Corp B (NWS)
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 | 965,000 | 805,000 | 706,000 | 981,000 | 593,000 |
Total assets | US$ in thousands | 15,504,000 | 16,684,000 | 16,921,000 | 17,221,000 | 16,771,000 |
Operating ROA | 6.22% | 4.82% | 4.17% | 5.70% | 3.54% |
June 30, 2025 calculation
Operating ROA = Operating income ÷ Total assets
= $965,000K ÷ $15,504,000K
= 6.22%
The analysis of News Corp B's Operating Return on Assets (Operating ROA) over the period from June 30, 2021, to June 30, 2025, reveals a pattern of fluctuating profitability relative to the assets employed in its operations.
At the end of June 2021, the Operating ROA stood at 3.54%, indicating relatively modest efficiency in generating operating profits from its assets. The following year, June 2022, experienced a notable improvement, with the Operating ROA rising sharply to 5.70%. This increase suggests an enhancement in operational efficiency or profitability margins relative to the asset base during that period.
Subsequently, by June 2023, the Operating ROA declined to 4.17%, reflecting a partial retreat from the previous year's peak. Despite this decrease, the ratio remained above the 2021 levels, suggesting that the company maintained a higher level of operational efficiency than at the start of the period.
In the subsequent year, June 2024, a modest recovery was observed, with the Operating ROA increasing to 4.82%. This upward movement hints at efforts to improve underlying operational performance or asset utilization.
Looking ahead to June 2025, the Operating ROA is projected to further increase to 6.22%, representing the highest level within the analyzed timeframe. This suggests a continued trend towards improved operational efficiency and profitability relative to asset deployment.
Overall, the trend demonstrates periods of both improvement and decline, with a notable upward trajectory toward the end of the forecast horizon. The fluctuations may reflect varying operational conditions, strategic initiatives, or external factors impacting the company's ability to efficiently convert assets into operating profits. The overall progression indicates a positive long-term outlook in terms of asset utilization efficiency.
Peer comparison
Jun 30, 2025