News Corp A (NWSA)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 266,000 | 208,000 | 228,000 | 139,000 | 149,000 | 267,000 | 299,000 | 467,000 | 623,000 | 499,000 | 496,000 | 492,000 | 330,000 | -53,000 | -862,000 | -1,008,000 | -1,269,000 | -923,000 | -183,000 | -173,000 |
| Total assets | US$ in thousands | 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 | 14,261,000 | 14,428,000 | 16,282,000 | 16,233,000 |
| 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% |
June 30, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $266,000K ÷ $16,684,000K
= 1.59%
The return on assets (ROA) for News Corp A has fluctuated over the past 10 quarters. From the data provided, we can observe that the ROA has generally been positive, with some quarters showing significantly higher returns compared to others. Specifically, the ROA ranged from a low of -8.90% in Sep 30, 2020, to a high of 3.62% in Jun 30, 2022.
Overall, the trend in ROA indicates variability in the company's ability to generate profit from its assets. It is important for stakeholders to closely monitor this metric to assess the company's efficiency in utilizing its assets to generate earnings. Further analysis and comparison with industry benchmarks may provide additional insights into News Corp A's performance relative to its peers.
Peer comparison
Jun 30, 2024