Paramount Skydance Corporation Class B Common Stock (PSKY)

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	1,415,000	-4,302,000	-5,269,000	-4,986,000	-4,702,000	366,000	-480,000	-385,000	-440,000	629,000	2,667,000	4,824,000	5,137,000	5,544,000	6,297,000	4,610,000	4,690,000	4,750,000	4,145,000	5,017,000
Total assets	US$ in thousands	44,926,000	45,396,000	46,172,000	46,250,000	45,890,000	52,027,000	53,543,000	54,640,000	55,361,000	56,561,000	58,393,000	57,287,000	56,961,000	58,043,000	58,620,000	55,912,000	55,204,000	54,773,000	52,663,000	51,425,000
Operating ROA		3.15%	-9.48%	-11.41%	-10.78%	-10.25%	0.70%	-0.90%	-0.70%	-0.79%	1.11%	4.57%	8.42%	9.02%	9.55%	10.74%	8.25%	8.50%	8.67%	7.87%	9.76%

June 30, 2025 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $1,415,000K ÷ $44,926,000K
= 3.15%

The operating return on assets (ROA) for Paramount Skydance Corporation Class B Common Stock has exhibited notable fluctuations over the analyzed period from September 30, 2020, through June 30, 2025. During the initial months, the ROA was positive, with values of 9.76% at September 30, 2020, decreasing slightly to 7.87% by December 31, 2020. The trend continued with modest fluctuations, reaching a peak of approximately 10.74% at the end of 2021 on December 31, 2021. Throughout 2022, the operating ROA generally remained positive, albeit slightly declining, with figures of 9.55% and 9.02% at the end of March and June 2022, respectively, and further decreasing to 8.42% by September 30, 2022.

Starting in late 2022, the metric experienced a sharp decline, dropping dramatically to 4.57% at December 31, 2022. This downward trend persisted into 2023, with the ROA moving into negative territory, with values of 1.11% at March 31, 2023, and approaching -0.79% at June 30, 2023. Subsequent quarters indicated continued deterioration, with values of -0.70%, -0.90%, and further negative readings reaching as low as -11.41% at December 2024. During this period, the negative operating ROA persisted, reflecting a period of operational challenges or declining efficiency.

However, in the most recent data points for 2025, there was a notable turnaround. The operating ROA, which had been negative for several periods, improved to 3.15% at June 30, 2025. This positive shift suggests a potential recovery in operating efficiency or profitability. The data indicates that after a prolonged period of diminished or negative operating returns, recent quarters have shown signs of operational improvement, although the overall trend over the entire span reveals significant volatility and periods of operational decline.