News Corporation

NWS · NASDAQ · USD

Financials

Annual
StatisticsIncome statementBalance sheetCash flowDividendsSegments

Valuation and market statistics · USD millions unless noted · ratios on the twelve months ending at each period

Line itemFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015FY2014FY2013FY2012FY2011FY2010
Valuation
Market cap$15,258$18,998$16,159$11,281$9,305$14,424$7,079$8,269$9,389$8,382$6,913$8,435$10,104$8,607–––
Enterprise value$16,788$20,150$18,281$14,608$12,610$16,723$8,905$9,246$10,493$6,926$5,668$7,059$7,546$7,452–––
P/E (TTM) at period end26.63×16.10×60.75×75.71×14.94×43.71×–53.35×––38.62×–42.27×17.01×–––
P/S (TTM) at period end1.69×2.25×1.96×1.41×1.10×1.54×0.79×0.82×1.04×1.03×0.83×0.99×1.19×0.97×–––
P/B at period end1.79×2.17×1.99×1.40×1.13×1.76×0.93×0.90×1.01×0.78×0.60×0.71×0.76×0.69×–––
EV / EBITDA (TTM)11.09×10.75×11.00×9.69×6.14×8.51×5.36×6.46×9.79×7.83×6.73×8.61×328.07×10.83×–––
EV / Sales (TTM)1.86×2.38×2.22×1.82×1.49×1.79×0.99×0.92×1.16×0.85×0.68×0.83×0.89×0.84×–––
Returns
Return on equity6.7%13.4%3.3%1.8%7.6%4.0%(16.7%)1.7%(16.3%)(6.9%)1.5%(1.2%)1.8%4.0%(23.3%)5.5%–
Return on invested capital7.3%10.0%7.7%5.8%13.5%10.6%10.8%4.9%5.8%4.7%3.3%2.0%–1.2%3.3%5.5%–
Dividend yield1.3%1.0%1.1%1.5%1.9%1.1%2.2%1.9%1.7%1.8%2.1%0.4%0.2%0.2%–––
Financial health
Current ratio1.62×1.84×1.43×1.28×1.16×1.38×1.29×1.21×1.33×1.56×1.59×1.90×2.33×2.14×1.26×1.56×–
Debt / equity0.23×0.22×0.26×0.27×0.37×0.28×0.17×0.16×0.21×0.04×0.03×––––––
Effective tax rate29.0%29.8%35.2%40.0%7.6%13.6%(1.4%)35.6%(32.6%)(4.6%)(29.8%)33.5%344.9%(216.2%)14.2%26.7%43.8%
Share count
Diluted shares outstanding558570574579592593588588583581582583580579579579579
StatisticsIncome statementBalance sheetCash flowDividendsSegments

Income statement · USD millions

Line itemTTMFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015FY2014FY2013FY2012FY2011FY2010
Revenue and gross profit
Revenue$9,028$9,028$8,452$8,252$8,012$8,437$9,358$9,008$10,074$9,024$8,139$8,292$8,524$8,486$8,891$8,654$9,095$8,752
Cost of revenue($3,892)($3,892)($3,703)($3,783)($3,886)–($4,779)($4,927)($6,284)($5,374)($4,978)($5,233)($4,952)($5,074)($5,420)–––
Gross profit$5,136$5,136$4,749$4,469$4,126–$4,579$4,081$3,790$3,650$3,161$3,059$3,681$3,500$3,471–––
Operating expenses
Research and development––––––––––––––––––
Selling, general and administrative($3,509)($3,509)($3,301)($3,197)($3,012)($3,221)($3,254)($2,995)($3,191)($3,049)($2,728)($2,722)($2,627)($2,449)($2,783)($2,750)($2,648)($2,931)
Total operating expenses($4,107)($4,107)($3,334)($3,247)($3,033)–($3,293)($3,065)($3,017)($3,050)($2,725)($2,722)($3,359)($4,029)($3,331)–––
Total costs and expenses($7,999)($7,999)($7,037)($7,030)($6,919)($6,756)($8,072)($7,992)($9,301)($8,424)($7,703)($7,955)($8,202)($9,015)($8,751)($8,355)($8,312)($8,353)
Operating income$1,029$1,029$1,415$1,222$1,093$1,681$1,286$1,016$773$600$436$337$322($529)$140$299$783$399
Earnings
EBITDA$1,514$1,514$1,874$1,662$1,508$2,053$1,966$1,660$1,432$1,072$885$842$820$23$688$782$1,213$813
Interest income$29$29––($49)–––––$39$43$56$68$77$56$47$28
Interest expense$29$29$3($18)($84)($99)($53)($25)($59)($7)$39$43$56$68$77–––
Pre-tax income$1,046$1,046$923$585$380$837$450($1,524)$354($1,089)($615)$181$552($178)$173($2,377)$961$461
Income tax expense($303)($303)($275)($206)($152)($64)($61)($21)($126)($355)($28)$54($185)$614$374$337($257)($202)
Net income$573$573$1,180$266$149$623$330($1,269)$155($1,514)($738)$179($147)$239$506($2,075)$678$243
Per share
Diluted EPS (GAAP)$1.03$1.03$2.07$0.46$0.26$1.05$0.56($2.16)$0.26($2.60)($1.27)$0.30($0.26)$0.41$0.87($3.58)$1.17$0.42
Basic EPS (GAAP)$1.03$1.03$2.08$0.47$0.26$1.06$0.56($2.16)$0.27($2.60)($1.27)$0.30($0.26)$0.41$0.87($3.58)$1.17$0.42
Basic shares outstanding556556568571576590590588585583581581581579579579579579
Margins
Gross margin56.9%56.9%56.2%54.2%51.5%–48.9%45.3%37.6%40.4%38.8%36.9%43.2%41.2%39.0%–––
Operating margin11.4%11.4%16.7%14.8%13.6%19.9%13.7%11.3%7.7%6.6%5.4%4.1%3.8%(6.2%)1.6%3.5%8.6%4.6%
Net margin6.3%6.3%14.0%3.2%1.9%7.4%3.5%(14.1%)1.5%(16.8%)(9.1%)2.2%(1.7%)2.8%5.7%(24.0%)7.5%2.8%