News Corp B (NWS)

Return on equity (ROE)

Jun 30, 2025 Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021
Net income US$ in thousands 464,000 266,000 149,000 623,000 330,000
Total stockholders’ equity US$ in thousands 8,774,000 8,120,000 8,064,000 8,222,000 8,211,000
ROE 5.29% 3.28% 1.85% 7.58% 4.02%

June 30, 2025 calculation

ROE = Net income ÷ Total stockholders’ equity
= $464,000K ÷ $8,774,000K
= 5.29%

The analysis of News Corp B's return on equity (ROE) over the specified periods reveals notable fluctuations that merit closer examination. As of June 30, 2021, the ROE stood at 4.02%, indicating a modest level of profitability relative to shareholders' equity. A significant improvement was observed by June 30, 2022, when the ROE increased to 7.58%, suggesting enhanced profitability and more efficient utilization of shareholders' equity during that period.

However, this upward trend was not sustained into the following year, as evidenced by a sharp decline to 1.85% by June 30, 2023. This decrease could reflect various factors such as reduced net income, increased equity base, or both, signaling a period of diminished profitability. Such a downturn might warrant further investigation into operational or market challenges faced during that period.

Subsequently, a partial recovery is apparent: the ROE increased to 3.28% as of June 30, 2024. While this indicates some improvement, the figure remains below the levels observed at the start of the analysis period. Continuing the positive trend, the ROE further rose to 5.29% by June 30, 2025, approaching levels seen in 2021 but still showing room for growth.

In summary, News Corp B experienced an initial increase in ROE from 2021 to 2022, followed by a notable decline in 2023, and then a gradual recovery in the subsequent years. These fluctuations suggest periods of operational volatility, potentially driven by changes in net income, asset levels, or capital structure. Monitoring the underlying factors influencing these ROE metrics could provide further insights into the company's financial health and strategic positioning.


Peer comparison

Jun 30, 2025

Company name
Symbol
ROE
News Corp B
NWS
5.29%
New York Times Company
NYT
15.25%
News Corp A
NWSA
5.29%