News Corp A (NWSA)
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 analysis of News Corp A’s operating return on assets (ROA) over the specified period reveals a generally positive trend, with some fluctuations. Starting from a value of 2.88% as of September 30, 2020, the operating ROA exhibited an upward trajectory, reaching a peak of 5.76% by March 31, 2025. This indicates improved operational efficiency and asset utilization over time.
From September 2020 to March 2021, the operating ROA increased steadily, reaching 3.86%, with continued growth through the second quarter of 2021 at 3.54%, and a sharper rise to 4.47% by September 2021. The upward momentum persisted through late 2021 and into the first half of 2022, with the ROA climbing to 5.07% and then 5.70%, reflecting enhancements in core operational profitability.
However, a slight decline is observed towards the end of 2022, where the ratio dips to 4.29% in December 2022. Subsequent quarters show some volatility, with a decrease to 3.99% in the first quarter of 2023, but the ratio recovers modestly in the following quarters, reaching 4.78% by March 2024.
Notably, from the latter half of 2024 into the first half of 2025, the operating ROA continues an upward trend, reaching a high of 5.76% as of March 2025. Nonetheless, a downward correction occurs subsequently, with the ratio decreasing sharply to 4.18% by June 2025.
Overall, News Corp A’s operating ROA demonstrates periods of growth indicative of enhanced operational efficiency, punctuated by transient declines that could be attributed to market fluctuations, strategic adjustments, or external economic factors. The trend towards higher ratios in early 2025 suggests improved asset management and operational performance before the recent decline.
Peer comparison
Jun 30, 2025