News Corp B (NWS)
Profitability ratios
Return on sales
| 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 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 56.72% | 57.06% | 57.57% | 57.42% | 57.50% | 57.22% | 56.94% | 57.45% | 57.74% | 56.63% | 56.38% | 56.40% | 56.17% | 64.23% | 52.78% | 52.49% | 49.76% | 55.67% | 66.97% | 67.24% |
| Operating profit margin | -28.02% | -27.85% | -27.40% | -28.09% | -28.13% | -29.00% | -28.97% | -27.02% | -26.19% | -28.04% | -28.65% | -29.08% | -30.23% | -5.12% | -16.97% | -19.10% | -23.06% | -9.95% | 0.73% | 0.65% |
| Pretax margin | 4.54% | 3.78% | 4.07% | 2.87% | 2.96% | 2.45% | 2.73% | 4.66% | 6.50% | 5.94% | 6.14% | 6.15% | 4.18% | 1.14% | -8.74% | -10.71% | -13.85% | -9.30% | -1.34% | -1.19% |
| Net profit margin | 2.64% | 2.09% | 2.29% | 1.40% | 1.51% | 2.64% | 2.94% | 4.51% | 6.00% | 4.89% | 4.94% | 5.05% | 3.53% | -0.60% | -9.89% | -11.47% | -14.09% | -9.66% | -1.88% | -1.75% |
The profitability ratios of News Corp B have shown some fluctuations over the past several quarters. The gross profit margin has generally remained above 50%, indicating the company's ability to effectively manage its production costs and generate profit from its sales. However, there have been slight variations in the gross profit margin, with a peak of 64.23% in March 2021 and a low of 49.76% in September 2020.
On the other hand, the operating profit margin has been consistently negative, ranging from -16.97% to -26.19% in recent quarters. This indicates that News Corp B is incurring operating losses, possibly due to high operating expenses or other financial challenges impacting profitability.
The pretax margin has also fluctuated, with periods of profitability (peaking at 6.50% in June 2022) and periods of losses (bottoming at -13.85% in December 2019). This ratio suggests that the company's pre-tax earnings relative to its total revenue have varied significantly over time.
The net profit margin, which reflects the company's bottom-line profitability after all expenses have been deducted, has also shown fluctuations ranging from -0.60% to 6.00%. This ratio indicates that News Corp B has experienced periods of both profitability and losses, with the net profit margin being influenced by factors such as operating efficiency and financial management.
Overall, while the gross profit margin has generally been stable, the operating profit margin, pretax margin, and net profit margin have shown more volatility, indicating potential challenges in managing operational costs and generating sustained profitability for News Corp B.
Return on investment
| 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 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -16.94% | -16.74% | -16.37% | -16.88% | -16.42% | -17.23% | -17.44% | -17.09% | -15.79% | -16.42% | -17.42% | -17.26% | -16.87% | -2.92% | -9.81% | -11.65% | -14.56% | -6.58% | 0.44% | 0.39% |
| Return on assets (ROA) | 1.59% | 1.26% | 1.37% | 0.84% | 0.88% | 1.57% | 1.77% | 2.85% | 3.62% | 2.86% | 3.00% | 3.00% | 1.97% | -0.34% | -5.71% | -7.00% | -8.90% | -6.40% | -1.12% | -1.07% |
| Return on total capital | -25.75% | -25.42% | -24.45% | -25.75% | -25.25% | -26.59% | -26.50% | -25.81% | -24.73% | -26.20% | -27.80% | -27.85% | -26.95% | -4.90% | -16.13% | -18.97% | -23.70% | -10.62% | 0.70% | 0.68% |
| Return on equity (ROE) | 3.28% | 2.58% | 2.79% | 1.76% | 1.85% | 3.31% | 3.68% | 5.93% | 7.58% | 5.92% | 5.92% | 5.99% | 4.02% | -0.65% | -10.60% | -13.20% | -16.74% | -11.78% | -2.04% | -1.99% |
The profitability ratios of News Corp B show varying trends over the past few quarters.
1. Operating return on assets (Operating ROA) has been consistently negative, indicating that the company is not generating profit from its core operations relative to its asset base. The trend has been fluctuating within a narrow range around -16%, suggesting operational inefficiencies persist.
2. Return on assets (ROA) has also been inconsistent, fluctuating between positive and negative values. While the company generated positive returns on its assets in some quarters, the ratios have been generally low, indicating that the company's asset utilization and profitability levels vary.
3. Return on total capital reflects a similar pattern to ROA, but the ratios are consistently lower, emphasizing that the company's overall capital utilization efficiency and profitability have been suboptimal.
4. Return on equity (ROE) has shown more stability compared to the other ratios, with the figures consistently positive. However, the ratios have been relatively low, indicating that the company's ability to generate profit from shareholder equity has been modest.
Overall, the profitability ratios of News Corp B paint a picture of varying performance levels and highlight potential challenges in generating consistent and strong profitability from both operations and capital investments. Monitoring these ratios closely will be crucial for assessing the company's financial health and performance in the future.