News Corp B (NWS)
Operating return on assets (Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 648,000 | 955,000 | 924,000 | 849,000 | 816,000 | 791,000 | 787,000 | 732,000 | 710,000 | 679,000 | 724,000 | 907,000 | 981,000 | 883,000 | 822,000 | 734,000 | 593,000 | 594,000 | 551,000 | 414,000 |
| 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 |
| Operating ROA | 4.18% | 5.76% | 5.72% | 5.02% | 4.89% | 4.78% | 4.72% | 4.44% | 4.20% | 3.99% | 4.29% | 5.53% | 5.70% | 5.07% | 4.98% | 4.47% | 3.54% | 3.86% | 3.65% | 2.88% |
June 30, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $648,000K ÷ $15,504,000K
= 4.18%
The operating return on assets (ROA) of News Corp B exhibits a general upward trend over the analyzed period from September 30, 2020, to June 30, 2025, despite some fluctuations. Starting at a relatively modest 2.88% in September 2020, the metric experienced consistent growth, reaching a peak of approximately 5.76% in March 2025. This indicates an improvement in the company's efficiency in generating operating income relative to its assets over this timeframe.
Throughout 2020, the operating ROA demonstrated a gradual increase, reflecting initial operational improvements or strategic adjustments. The quarterly data from 2021 onward shows steady upward momentum, with notable increases observed in the first half of 2021, culminating in values above 4.0%. The period from late 2021 to early 2023 maintained this positive trajectory, with the operating ROA surpassing 5.0% in March 2022 and reaching around 5.76% in March 2025.
Examining the recent quarters, the ROA shows signs of steady improvement, moving from 4.78% in March 2024 to 5.02% in September 2024, then slightly increasing further. However, the last data point in June 2025 indicates a decline to approximately 4.18%, which may suggest some short-term operational challenges or increased asset base impacting efficiency.
Overall, the pattern demonstrates a period of sustained operational efficiency growth, punctuated by minor fluctuations. The trajectory suggests that News Corp B has been progressively enhancing its asset utilization to generate operating income, although recent data indicates a potential slowdown or correction in this trend.
Peer comparison
Jun 30, 2025