NASDAQ : NWSA
News Corporation — Financial statements
Communication Services · Entertainment · United States
Last price 29.12 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 15.65B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
News Corporation (NWSA) reported revenue of 9.03B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 8.35B | 8.35B | 7.83B | 7.59B | 7.38B | 9.70B |
| Other Revenue | 678.00M | 678.00M | 619.00M | 659.00M | 633.00M | 686.00M |
| Revenue | 9.03B | 9.03B | 8.45B | 8.25B | 8.01B | 10.38B |
| Cost of Revenue | 3.87B | 3.87B | 3.73B | 3.80B | 3.89B | 5.08B |
| Gross Profit | 5.16B | 5.16B | 4.73B | 4.45B | 4.13B | 5.31B |
| Selling, General & Admin | 3.52B | 3.52B | 3.31B | 3.23B | 3.03B | 3.63B |
| Operating Expenses | 4.00B | 4.00B | 3.77B | 3.67B | 3.45B | 4.32B |
| Operating Income | 1.16B | 1.16B | 956.00M | 782.00M | 678.00M | 993.00M |
| Interest Expense | -18.00M | -49.00M | -74.00M | |||
| Interest & Investment Income | 29.00M | 29.00M | 3.00M | 20.00M | ||
| Earnings From Equity Investments | -8.00M | -8.00M | -15.00M | -6.00M | -127.00M | -13.00M |
| Other Non Operating Income (Expenses) | 18.00M | 18.00M | 12.00M | -19.00M | 24.00M | -51.00M |
| EBT Excluding Unusual Items | 1.20B | 1.20B | 956.00M | 739.00M | 526.00M | 875.00M |
| Merger & Restructuring Charges | -86.00M | -86.00M | -120.00M | -89.00M | -119.00M | -94.00M |
| Gain (Loss) on Sale of Investments | -20.00M | -20.00M | 108.00M | -13.00M | -9.00M | -41.00M |
| Gain (Loss) on Sale of Assets | 98.00M | |||||
| Asset Writedown | -43.00M | -43.00M | -12.00M | -44.00M | -2.00M | -15.00M |
| Legal Settlements | -1.00M | -1.00M | -9.00M | -8.00M | -16.00M | -11.00M |
| Pretax Income | 1.05B | 1.05B | 923.00M | 585.00M | 380.00M | 812.00M |
| Income Tax Expense | 303.00M | 303.00M | 275.00M | 206.00M | 152.00M | 52.00M |
| Earnings From Continuing Operations | 743.00M | 743.00M | 648.00M | 379.00M | 228.00M | 760.00M |
| Earnings From Discontinued Operations | 700.00M | -3.00M | -14.00M | |||
| Net Income to Company | 743.00M | 743.00M | 1.35B | 376.00M | 214.00M | 760.00M |
| Minority Interest in Earnings | -170.00M | -170.00M | -168.00M | -110.00M | -65.00M | -137.00M |
| Net Income | 573.00M | 573.00M | 1.18B | 266.00M | 149.00M | 623.00M |
| Net Income to Common | 573.00M | 573.00M | 1.18B | 266.00M | 149.00M | 623.00M |
| Shares Outstanding (Basic) | 556.50M | 556.50M | 567.70M | 571.20M | 576.40M | 589.50M |
| Shares Outstanding (Diluted) | 558.40M | 558.40M | 569.90M | 573.50M | 578.80M | 592.50M |
| EPS (Basic) | 1.03 | 1.03 | 2.08 | 0.47 | 0.26 | 1.06 |
| EPS (Diluted) | 1.03 | 1.03 | 2.07 | 0.46 | 0.26 | 1.05 |
| Free Cash Flow | 805.00M | 805.00M | 727.00M | 741.00M | 744.00M | 855.00M |
| Free Cash Flow Per Share | 1.44 | 1.44 | 1.28 | 1.29 | 1.28 | 1.44 |
| Dividend Per Share | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 |
| Gross Margin | 57.17% | 57.17% | 55.92% | 53.90% | 51.50% | 51.12% |
| Operating Margin | 12.82% | 12.82% | 11.31% | 9.48% | 8.46% | 9.56% |
| Profit Margin | 6.35% | 6.35% | 13.96% | 3.22% | 1.86% | 6.00% |
| Free Cash Flow Margin | 8.92% | 8.92% | 8.60% | 8.98% | 9.29% | 8.23% |
| EBITDA | 1.34B | 1.34B | 1.13B | 970.00M | 878.00M | 1.42B |
| EBITDA Margin | 14.82% | 14.82% | 13.42% | 11.76% | 10.96% | 13.65% |
| D&A For EBITDA | 181.00M | 181.00M | 178.00M | 188.00M | 200.00M | 425.00M |
| EBIT | 1.16B | 1.16B | 956.00M | 782.00M | 678.00M | 993.00M |
| EBIT Margin | 12.82% | 12.82% | 11.31% | 9.48% | 8.46% | 9.56% |
| Effective Tax Rate | 28.97% | 28.97% | 29.79% | 35.21% | 40.00% | 6.40% |
| Revenue as Reported | 9.03B | 9.03B | 8.45B | 8.25B | 8.01B | 10.38B |
Balance sheet
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 2.10B | 2.10B | 2.40B | 1.87B | 1.83B | 1.82B |
| Trading Asset Securities | 6.00M | 6.00M | 7.00M | 14.00M | 22.00M | 61.00M |
| Cash & Short-Term Investments | 2.10B | 2.10B | 2.41B | 1.89B | 1.85B | 1.88B |
| Accounts Receivable | 1.76B | 1.76B | 1.56B | 1.42B | 1.43B | 1.50B |
| Other Receivables | 17.00M | 17.00M | ||||
| Receivables | 1.77B | 1.77B | 1.56B | 1.42B | 1.43B | 1.50B |
| Inventory | 302.00M | 302.00M | 327.00M | 266.00M | 311.00M | 311.00M |
| Other Current Assets | 305.00M | 305.00M | 512.00M | 800.00M | 462.00M | 397.00M |
| Total Current Assets | 4.48B | 4.48B | 4.81B | 4.37B | 4.05B | 4.09B |
| Property, Plant & Equipment | 2.15B | 2.15B | 2.12B | 2.08B | 2.49B | 2.42B |
| Long-Term Investments | 1.00B | 1.00B | 1.02B | 443.00M | 427.00M | 488.00M |
| Goodwill | 4.54B | 4.54B | 4.37B | 4.34B | 5.14B | 5.17B |
| Other Intangible Assets | 1.84B | 1.84B | 1.93B | 1.95B | 3.08B | 3.24B |
| Long-Term Deferred Tax Assets | 251.00M | 251.00M | 254.00M | 332.00M | 393.00M | 422.00M |
| Other Long-Term Assets | 1.28B | 1.28B | 1.00B | 3.18B | 1.34B | 1.38B |
| Total Assets | 15.54B | 15.54B | 15.50B | 16.68B | 16.92B | 17.22B |
| Accounts Payable | 412.00M | 412.00M | 335.00M | 254.00M | 440.00M | 411.00M |
| Accrued Expenses | 1.29B | 1.29B | 1.24B | 1.20B | 1.33B | 1.45B |
| Current Portion of Long-Term Debt | 25.00M | 9.00M | 3.00M | 266.00M | ||
| Current Portion of Leases | 86.00M | 86.00M | 74.00M | 89.00M | 139.00M | 166.00M |
| Current Income Taxes Payable | 18.00M | |||||
| Current Unearned Revenue | 543.00M | 543.00M | 498.00M | 483.00M | 622.00M | 604.00M |
| Other Current Liabilities | 425.00M | 425.00M | 438.00M | 1.02B | 632.00M | 603.00M |
| Total Current Liabilities | 2.76B | 2.76B | 2.61B | 3.06B | 3.17B | 3.52B |
| Long-Term Debt | 1.99B | 1.99B | 1.94B | 2.09B | 2.92B | 2.74B |
| Long-Term Leases | 840.00M | 840.00M | 904.00M | 912.00M | 1.14B | 987.00M |
| Pension & Post-Retirement Benefits | 97.00M | 97.00M | 117.00M | 125.00M | 134.00M | 155.00M |
| Long-Term Deferred Tax Liabilities | 108.00M | 108.00M | 57.00M | 21.00M | 163.00M | 198.00M |
| Other Long-Term Liabilities | 513.00M | 513.00M | 492.00M | 1.47B | 446.00M | 483.00M |
| Total Liabilities | 6.31B | 6.31B | 6.12B | 7.67B | 7.98B | 8.08B |
| Common Stock | 6.00M | 6.00M | 6.00M | 6.00M | 6.00M | 6.00M |
| Additional Paid-In Capital | 10.38B | 10.38B | 11.06B | 11.25B | 11.45B | 11.78B |
| Retained Earnings | -312.00M | -312.00M | -747.00M | -1.89B | -2.14B | -2.29B |
| Comprehensive Income & Other | -1.55B | -1.55B | -1.54B | -1.25B | -1.25B | -1.27B |
| Total Common Equity | 8.53B | 8.53B | 8.77B | 8.12B | 8.06B | 8.22B |
| Minority Interest | 710.00M | 710.00M | 615.00M | 891.00M | 881.00M | 921.00M |
| Shareholders' Equity | 9.24B | 9.24B | 9.39B | 9.01B | 8.95B | 9.14B |
| Total Liabilities & Equity | 15.54B | 15.54B | 15.50B | 16.68B | 16.92B | 17.22B |
| Total Debt | 2.92B | 2.92B | 2.94B | 3.10B | 4.21B | 4.16B |
| Net Cash (Debt) | -814.00M | -814.00M | -530.00M | -1.22B | -2.35B | -2.27B |
| Net Cash Per Share | -1.46 | -1.46 | -0.93 | -2.12 | -4.07 | -3.83 |
| Filing Date Shares Outstanding | 541.05M | 541.05M | 564.97M | 568.58M | 571.42M | 581.42M |
| Total Common Shares Outstanding | 543.42M | 543.42M | 565.39M | 569.09M | 571.96M | 584.37M |
| Working Capital | 1.72B | 1.72B | 2.20B | 1.32B | 888.00M | 574.00M |
| Book Value Per Share | 15.69 | 15.69 | 15.52 | 14.27 | 14.10 | 14.07 |
| Tangible Book Value | 2.15B | 2.15B | 2.47B | 1.84B | -155.00M | -190.00M |
| Tangible Book Value Per Share | 3.95 | 3.95 | 4.37 | 3.23 | -0.27 | -0.33 |
| Land | 123.00M | 123.00M | 123.00M | 121.00M | 121.00M | 120.00M |
| Buildings | 1.51B | 1.51B | 1.51B | 1.48B | 1.51B | 1.48B |
| Machinery | 732.00M | 732.00M | 752.00M | 782.00M | 2.44B | 2.39B |
| Construction In Progress | 93.00M | 93.00M | 113.00M | 86.00M | 275.00M | 220.00M |
Cash flow statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 573.00M | 573.00M | 1.18B | 266.00M | 149.00M | 623.00M |
| Depreciation & Amortization | 181.00M | 181.00M | 178.00M | 188.00M | 200.00M | 425.00M |
| Other Amortization | 304.00M | 304.00M | 281.00M | 252.00M | 215.00M | 263.00M |
| Loss (Gain) From Sale of Assets | -98.00M | |||||
| Asset Writedown & Restructuring Costs | 27.00M | 27.00M | 12.00M | 44.00M | 2.00M | 15.00M |
| Loss (Gain) From Sale of Investments | 20.00M | 20.00M | 66.00M | 13.00M | 9.00M | 41.00M |
| Loss (Gain) on Equity Investments | 8.00M | 8.00M | 15.00M | 6.00M | 127.00M | -7.00M |
| Other Operating Activities | 269.00M | 269.00M | -548.00M | 267.00M | 171.00M | 185.00M |
| Change in Accounts Receivable | -237.00M | -237.00M | -96.00M | -85.00M | -181.00M | -51.00M |
| Change in Inventory | 33.00M | 33.00M | -46.00M | 27.00M | 5.00M | -87.00M |
| Change in Accounts Payable | 59.00M | 59.00M | -64.00M | -81.00M | 80.00M | 45.00M |
| Operating Cash Flow | 1.23B | 1.23B | 1.13B | 1.10B | 1.09B | 1.35B |
| Capital Expenditures | -426.00M | -426.00M | -407.00M | -357.00M | -347.00M | -499.00M |
| Sale of Property, Plant & Equipment | 37.00M | 6.00M | ||||
| Cash Acquisitions | -122.00M | -122.00M | -96.00M | -38.00M | -17.00M | -1.50B |
| Investment in Securities | 29.00M | 29.00M | 120.00M | -15.00M | -74.00M | -112.00M |
| Other Investing Activities | -20.00M | -20.00M | 230.00M | -114.00M | -173.00M | 30.00M |
| Investing Cash Flow | -539.00M | -539.00M | -153.00M | -524.00M | -574.00M | -2.08B |
| Long-Term Debt Issued | 125.00M | 125.00M | 61.00M | 278.00M | 1.69B | |
| Long-Term Debt Repaid | -100.00M | -100.00M | -203.00M | -409.00M | -65.00M | -838.00M |
| Net Debt Issued (Repaid) | 25.00M | 25.00M | -142.00M | -131.00M | -65.00M | 852.00M |
| Repurchase of Common Stock | -782.00M | -782.00M | -150.00M | -117.00M | -243.00M | -179.00M |
| Common Dividends Paid | -112.00M | -112.00M | -114.00M | -114.00M | -116.00M | -118.00M |
| Dividends Paid | -112.00M | -112.00M | -114.00M | -114.00M | -116.00M | -118.00M |
| Other Financing Activities | -145.00M | -145.00M | -157.00M | -79.00M | -77.00M | -151.00M |
| Financing Cash Flow | -1.01B | -1.01B | -563.00M | -441.00M | -501.00M | 404.00M |
| Foreign Exchange Rate Adjustments | 14.00M | 14.00M | 25.00M | -6.00M | -5.00M | -96.00M |
| Net Cash Flow | -308.00M | -308.00M | 443.00M | 127.00M | 11.00M | -414.00M |
| Free Cash Flow | 805.00M | 805.00M | 727.00M | 741.00M | 744.00M | 855.00M |
| Free Cash Flow Margin | 8.92% | 8.92% | 8.60% | 8.98% | 9.29% | 8.23% |
| Free Cash Flow Per Share | 1.44 | 1.44 | 1.28 | 1.29 | 1.28 | 1.44 |
| Levered Free Cash Flow | 1.05B | 1.05B | 370.50M | 297.50M | 496.12M | 862.38M |
| Unlevered Free Cash Flow | 1.05B | 1.05B | 370.50M | 308.75M | 526.75M | 908.62M |
| Cash Interest Paid | 90.00M | 90.00M | 93.00M | 97.00M | 61.00M | 96.00M |
| Cash Income Tax Paid | 274.00M | 274.00M | 208.00M | 156.00M | 149.00M | 180.00M |
| Change in Working Capital | -145.00M | -145.00M | -206.00M | -139.00M | -96.00M | -93.00M |
Ratios
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 15.65B | 14.07B | 17.67B | 15.85B | 11.20B | 9.16B |
| Enterprise Value | 16.46B | 15.52B | 19.37B | 18.72B | 14.62B | 12.23B |
| Last Close Price | 29.12 | 24.75 | 29.40 | 27.07 | 18.98 | 14.98 |
| PE Ratio | 28.28 | 24.56 | 14.98 | 59.60 | 75.17 | 14.71 |
| Forward PE | 22.07 | 20.38 | 32.66 | 38.56 | 24.68 | 16.29 |
| PS Ratio | 1.73 | 1.56 | 2.09 | 1.92 | 1.40 | 0.88 |
| PB Ratio | 1.86 | 1.52 | 1.88 | 1.76 | 1.25 | 1.00 |
| P/TBV Ratio | 7.29 | 6.55 | 7.15 | 8.63 | ||
| P/FCF Ratio | 19.44 | 17.48 | 24.31 | 21.39 | 15.05 | 10.72 |
| P/OCF Ratio | 12.71 | 11.43 | 15.59 | 14.44 | 10.27 | 6.77 |
| PEG Ratio | 1.25 | 1.20 | 1.75 | 1.93 | 1.74 | 0.80 |
| EV/Sales Ratio | 1.82 | 1.72 | 2.29 | 2.27 | 1.82 | 1.18 |
| EV/EBITDA Ratio | 12.30 | 11.60 | 17.08 | 19.30 | 16.66 | 8.63 |
| EV/EBIT Ratio | 14.23 | 13.41 | 20.27 | 23.94 | 21.57 | 12.32 |
| EV/FCF Ratio | 20.45 | 19.28 | 26.65 | 25.26 | 19.66 | 14.31 |
| Debt / Equity Ratio | 0.32 | 0.32 | 0.31 | 0.34 | 0.47 | 0.45 |
| Debt / EBITDA Ratio | 1.94 | 1.94 | 2.26 | 2.75 | 4.07 | 2.57 |
| Debt / FCF Ratio | 3.62 | 3.62 | 4.04 | 4.19 | 5.66 | 4.86 |
| Net Debt / Equity Ratio | 0.09 | 0.09 | 0.06 | 0.14 | 0.26 | 0.25 |
| Net Debt / EBITDA Ratio | 0.61 | 0.61 | 0.47 | 1.25 | 2.68 | 1.60 |
| Net Debt / FCF Ratio | 1.01 | 1.01 | 0.73 | 1.64 | 3.17 | 2.66 |
| Asset Turnover | 0.58 | 0.58 | 0.53 | 0.49 | 0.47 | 0.61 |
| Inventory Turnover | 12.30 | 12.30 | 12.57 | 13.19 | 12.49 | 18.00 |
| Quick Ratio | 1.40 | 1.40 | 1.52 | 1.08 | 1.04 | 0.96 |
| Current Ratio | 1.62 | 1.62 | 1.84 | 1.43 | 1.28 | 1.16 |
| Return on Equity (ROE) | 7.98% | 7.98% | 7.04% | 4.22% | 2.52% | 8.31% |
| Return on Assets (ROA) | 4.66% | 4.66% | 3.71% | 2.91% | 2.48% | 3.65% |
| Return on Invested Capital (ROIC) | 8.19% | 8.23% | 6.66% | 4.71% | 3.58% | 8.48% |
| Return on Capital Employed (ROCE) | 9.10% | 9.10% | 7.40% | 5.70% | 4.90% | 7.20% |
| Earnings Yield | 3.54% | 4.07% | 6.68% | 1.68% | 1.33% | 6.80% |
| FCF Yield | 5.15% | 5.72% | 4.11% | 4.67% | 6.64% | 9.33% |
| Dividend Yield | 0.69% | 0.77% | 0.64% | 0.72% | 1.02% | 1.27% |
| Payout Ratio | 19.42% | 19.55% | 9.66% | 42.86% | 77.85% | 18.94% |
| Buyback Yield / Dilution | 2.02% | 2.02% | 0.63% | 0.92% | 2.31% | 0.15% |
| Total Shareholder Return | 2.70% | 2.79% | 1.27% | 1.63% | 3.33% | 1.43% |