Return on Equity (ROE)
since 2005
Calculation
Twenty-First Century Fox Inc., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net income (loss) attributable to Twenty-First Century Fox, Inc. stockholders1 | ÷ | Total Twenty-First Century Fox, Inc. stockholders’ equity1 | |
|---|---|---|---|---|---|---|---|
| Jun 30, 2018 | 22.82% | = | 100 | × | 4,464) | ÷ | 19,564) |
| Jun 30, 2017 | 18.78% | = | 100 | × | 2,952) | ÷ | 15,722) |
| Jun 30, 2016 | 20.17% | = | 100 | × | 2,755) | ÷ | 13,661) |
| Jun 30, 2015 | 48.23% | = | 100 | × | 8,306) | ÷ | 17,220) |
| Jun 30, 2014 | 25.92% | = | 100 | × | 4,514) | ÷ | 17,418) |
| Jun 30, 2013 | 41.75% | = | 100 | × | 7,097) | ÷ | 16,998) |
| Jun 30, 2012 | 4.78% | = | 100 | × | 1,179) | ÷ | 24,684) |
| Jun 30, 2011 | 9.28% | = | 100 | × | 2,739) | ÷ | 29,506) |
| Jun 30, 2010 | 10.11% | = | 100 | × | 2,539) | ÷ | 25,113) |
| Jun 30, 2009 | -14.55% | = | 100 | × | (3,378) | ÷ | 23,224) |
| Jun 30, 2008 | 18.82% | = | 100 | × | 5,387) | ÷ | 28,623) |
| Jun 30, 2007 | 10.41% | = | 100 | × | 3,426) | ÷ | 32,922) |
| Jun 30, 2006 | 7.75% | = | 100 | × | 2,314) | ÷ | 29,874) |
| Jun 30, 2005 | 7.24% | = | 100 | × | 2,128) | ÷ | 29,377) |
Based on: 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-06-30), 10-K (reporting date: 2010-06-30), 10-K (reporting date: 2009-06-30), 10-K (reporting date: 2008-06-30), 10-K (reporting date: 2007-06-30), 10-K (reporting date: 2006-06-30), 10-K (reporting date: 2005-06-30).
1 US$ in millions
The Return on Equity (ROE) for Twenty-First Century Fox exhibited significant volatility between 2005 and 2018, characterized by an initial period of moderate growth, a severe contraction in 2009, and a subsequent surge to historically high levels starting in 2013.
- Early Performance and Volatility (2005–2012)
- From 2005 to 2008, ROE showed a steady upward trajectory, increasing from 7.24% to 18.82%. This growth was interrupted in 2009 by a net loss of 3,378 million US$, which resulted in a negative ROE of -14.55%. While profitability returned in 2010, the ROE fluctuated and declined to a period low of 4.78% by June 30, 2012, coinciding with a net income of 1,179 million US$.
- High-Growth Phase (2013–2015)
- A substantial increase in ROE occurred between 2013 and 2015, with the ratio peaking at 48.23% in 2015. This sharp rise was driven by a dual effect: a significant increase in net income, which reached 8,306 million US$ in 2015, and a concurrent reduction in total stockholders' equity. Equity levels decreased from 24,684 million US$ in 2012 to 17,220 million US$ in 2015, effectively amplifying the return on the remaining equity base.
- Stabilization and Capital Structure Shifts (2016–2018)
- In the final three years of the observed period, ROE stabilized at a higher plateau, ranging between 18.78% and 22.82%. Total stockholders' equity reached its lowest point in 2016 at 13,661 million US$ before trending upward to 19,564 million US$ by 2018. The ability to maintain an ROE above 18% despite the increasing equity base in 2017 and 2018 indicates sustained net income growth relative to the company's capital investment.
AI Ask an analyst for more
Hi, I’m an AI-powered financial analyst at Stock Analysis on Net.
Without a user account, I tend to respond rather slowly.
How can I help you?
Comparison to Competitors
Twenty-First Century Fox Inc., ROE, long-term trends, comparison to competitors
| Twenty-First Century Fox Inc. | Alphabet Inc. | Comcast Corp. | Meta Platforms Inc. | Netflix Inc. | Walt Disney Co. | |
|---|---|---|---|---|---|---|
| Jun 30, 2018 | 22.82% | 17.30% | 16.38% | 26.28% | 23.12% | 25.83% |
| Jun 30, 2017 | 18.78% | 8.30% | 33.11% | 21.43% | 15.60% | 21.74% |
| Jun 30, 2016 | 20.17% | 14.01% | 16.12% | 17.26% | 6.97% | 21.71% |
| Jun 30, 2015 | 48.23% | 13.59% | 15.62% | 8.34% | 5.52% | 18.83% |
| Jun 30, 2014 | 25.92% | 13.82% | 15.90% | 8.14% | 14.36% | 16.68% |
| Jun 30, 2013 | 41.75% | 14.80% | 13.45% | 9.70% | 8.43% | 13.51% |
| Jun 30, 2012 | 4.78% | 14.97% | 12.57% | 0.45% | 2.30% | 14.29% |
| Jun 30, 2011 | 9.28% | 16.75% | 8.80% | — | 35.18% | 12.86% |
| Jun 30, 2010 | 10.11% | 18.39% | 8.20% | — | 55.44% | 10.56% |
| Jun 30, 2009 | -14.55% | 18.11% | 8.52% | — | 58.18% | 9.80% |
| Jun 30, 2008 | 18.82% | 14.97% | 6.30% | — | 23.92% | 13.70% |
| Jun 30, 2007 | 10.41% | 18.53% | 6.26% | — | 15.54% | 15.24% |
| Jun 30, 2006 | 7.75% | 18.06% | 6.15% | — | 11.85% | 10.60% |
| Jun 30, 2005 | 7.24% | 15.56% | 2.31% | — | 18.58% | 9.66% |
Based on: 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-06-30), 10-K (reporting date: 2010-06-30), 10-K (reporting date: 2009-06-30), 10-K (reporting date: 2008-06-30), 10-K (reporting date: 2007-06-30), 10-K (reporting date: 2006-06-30), 10-K (reporting date: 2005-06-30).
Comparison to Sector (Media & Entertainment)
Twenty-First Century Fox Inc., ROE, long-term trends, comparison to sector (media & entertainment)
| Twenty-First Century Fox Inc. | Media & Entertainment | |
|---|---|---|
| Jun 30, 2018 | 22.82% | 20.24% |
| Jun 30, 2017 | 18.78% | 17.88% |
| Jun 30, 2016 | 20.17% | 16.09% |
| Jun 30, 2015 | 48.23% | 13.93% |
| Jun 30, 2014 | 25.92% | 13.96% |
| Jun 30, 2013 | 41.75% | 13.73% |
| Jun 30, 2012 | 4.78% | 13.09% |
| Jun 30, 2011 | 9.28% | 13.20% |
| Jun 30, 2010 | 10.11% | 12.67% |
| Jun 30, 2009 | -14.55% | 12.06% |
| Jun 30, 2008 | 18.82% | 11.13% |
| Jun 30, 2007 | 10.41% | 12.13% |
| Jun 30, 2006 | 7.75% | 9.99% |
| Jun 30, 2005 | 7.24% | 6.53% |
Based on: 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-06-30), 10-K (reporting date: 2010-06-30), 10-K (reporting date: 2009-06-30), 10-K (reporting date: 2008-06-30), 10-K (reporting date: 2007-06-30), 10-K (reporting date: 2006-06-30), 10-K (reporting date: 2005-06-30).
Comparison to Industry (Communication Services)
Twenty-First Century Fox Inc., ROE, long-term trends, comparison to industry (communication services)
| Twenty-First Century Fox Inc. | Communication Services | |
|---|---|---|
| Jun 30, 2018 | 22.82% | 17.89% |
| Jun 30, 2017 | 18.78% | 22.85% |
| Jun 30, 2016 | 20.17% | 16.35% |
| Jun 30, 2015 | 48.23% | 16.38% |
| Jun 30, 2014 | 25.92% | 14.00% |
| Jun 30, 2013 | 41.75% | 16.63% |
| Jun 30, 2012 | 4.78% | 10.32% |
| Jun 30, 2011 | 9.28% | 8.87% |
| Jun 30, 2010 | 10.11% | 13.88% |
| Jun 30, 2009 | -14.55% | 11.62% |
| Jun 30, 2008 | 18.82% | 12.77% |
| Jun 30, 2007 | 10.41% | 11.11% |
| Jun 30, 2006 | 7.75% | 8.87% |
| Jun 30, 2005 | 7.24% | 10.06% |
Based on: 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-06-30), 10-K (reporting date: 2010-06-30), 10-K (reporting date: 2009-06-30), 10-K (reporting date: 2008-06-30), 10-K (reporting date: 2007-06-30), 10-K (reporting date: 2006-06-30), 10-K (reporting date: 2005-06-30).