NWS · News Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $8.45B | $10.09B | $9.88B | $10.38B | $9.36B | $9.01B |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | $3.30B | $3.49B | $3.33B | $3.59B | $3.25B | $3.00B |
| Total Operating Expenses | $3.74B | $5.05B | $5.12B | $5.12B | $4.83B | $5.00B |
| D&A | $459.00M | $734.00M | $714.00M | $688.00M | $680.00M | $644.00M |
| Operating Income | $923.00M | $546.00M | $330.00M | $812.00M | $450.00M | ($1.52B) |
| Interest Expense | - | - | - | - | - | - |
| Income Tax | $275.00M | $192.00M | $143.00M | $52.00M | $61.00M | $21.00M |
| Net Income | $1.18B | $266.00M | $149.00M | $623.00M | $330.00M | ($1.27B) |
| EPS - Basic | $2.08 | $0.47 | $0.26 | $1.06 | $0.56 | ($2.16) |
| EPS - Diluted | $2.07 | $0.46 | $0.26 | $1.05 | $0.56 | ($2.16) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.40B | $1.96B | $1.83B | $1.82B | $2.24B | $1.52B |
| Accounts Receivable | $1.56B | $1.50B | $1.43B | $1.50B | $1.50B | $1.20B |
| Inventory | $327.00M | $296.00M | $311.00M | $311.00M | $253.00M | $348.00M |
| Accounts Payable | $335.00M | $314.00M | $440.00M | $411.00M | $321.00M | $351.00M |
| Current Assets | $4.81B | $4.37B | $4.05B | $4.09B | $4.46B | $3.46B |
| Total Assets | $15.50B | $16.68B | $16.92B | $17.22B | $16.77B | $14.26B |
| Current Liabilities | $2.61B | $3.06B | $3.17B | $3.52B | $3.23B | $2.68B |
| Long-term Debt | $1.94B | $2.85B | $2.94B | $2.78B | $2.29B | $1.18B |
| Total Liabilities | - | - | - | - | - | - |
| Stockholders' Equity | $8.77B | $8.12B | $8.06B | $8.22B | $8.21B | $7.58B |
| Retained Earnings | ($747.00M) | ($1.89B) | ($2.14B) | ($2.29B) | ($2.91B) | ($3.24B) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $978.00M | $1.10B | $1.09B | $1.35B | $1.24B | $780.00M |
| Investing Cash Flow | ($406.00M) | ($524.00M) | ($574.00M) | ($2.08B) | ($1.29B) | ($427.00M) |
| Financing Cash Flow | ($524.00M) | ($441.00M) | ($501.00M) | $404.00M | $699.00M | ($472.00M) |
| CapEx | $407.00M | $496.00M | $499.00M | $499.00M | $390.00M | $438.00M |
| Free Cash Flow | $571.00M | $602.00M | $593.00M | $855.00M | $847.00M | $342.00M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 10.9% | 5.4% | 3.3% | 7.8% | 4.8% | -16.9% |
| EBITDA margin | 16.4% | 12.7% | 10.6% | 14.4% | 12.1% | -9.8% |
| Net margin | 14.0% | 2.6% | 1.5% | 6.0% | 3.5% | -14.1% |
| Free cash flow margin | 6.8% | 6.0% | 6.0% | 8.2% | 9.1% | 3.8% |
| FCF / Net income | 0.48 | 2.26 | 3.98 | 1.37 | 2.57 | -0.27 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 39.1% | 34.6% | 33.8% | 34.6% | 34.8% | 33.2% |
| Effective tax rate | 18.9% | 41.9% | 49.0% | 7.7% | 15.6% | - |
| Return on assets | 7.6% | 1.6% | 0.9% | 3.6% | 2.0% | -8.9% |
| Return on equity | 13.4% | 3.3% | 1.8% | 7.6% | 4.0% | -16.7% |
| Return on invested capital | 7.0% | 2.9% | 1.5% | 6.8% | 3.6% | -13.7% |
| Liquidity | ||||||
| Current ratio | 1.84 | 1.43 | 1.28 | 1.16 | 1.38 | 1.29 |
| Quick ratio | 1.72 | 1.33 | 1.18 | 1.07 | 1.30 | 1.16 |
| Cash ratio | 0.92 | 0.64 | 0.58 | 0.52 | 0.69 | 0.57 |
| Leverage | ||||||
| Debt / Equity | 0.22 | 0.35 | 0.36 | 0.34 | 0.28 | 0.16 |
| Debt / Assets | 0.12 | 0.17 | 0.17 | 0.16 | 0.14 | 0.08 |
| Debt / EBITDA | 1.40 | 2.23 | 2.82 | 1.85 | 2.02 | - |
| Interest coverage | - | - | - | - | - | - |
| Equity multiplier | 1.77 | 2.05 | 2.10 | 2.09 | 2.04 | 1.88 |
| Liabilities / Assets | - | - | - | - | - | - |
| Efficiency | ||||||
| Asset turnover | 0.55 | 0.60 | 0.58 | 0.60 | 0.56 | 0.63 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 67d | 54d | 53d | 53d | 58d | 49d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 16.6x | 61.7x | 75.8x | 15.1x | 43.5x | - |
| P / B | 2.2x | 2.0x | 1.4x | 1.1x | 1.8x | 0.9x |
| P / S | 2.3x | 1.6x | 1.2x | 0.9x | 1.5x | 0.8x |
| EV / EBITDA | 13.8x | 13.4x | 12.0x | 6.9x | 12.8x | - |
| Growth | ||||||
| Revenue growth (YoY) | -16.2% | 2.1% | -4.9% | 11.0% | 3.9% | -10.6% |
| Revenue CAGR (3y) | -6.6% | 2.5% | 3.1% | 1.0% | 4.1% | 3.4% |
| Revenue CAGR (5y) | -1.3% | 0.0% | 3.6% | 5.0% | 2.4% | 0.9% |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | 69.0% | 65.5% | -59.4% | 80.4% | - | - |
| Net income growth (YoY) | 343.6% | 78.5% | -76.1% | 88.8% | - | - |
| EPS growth (YoY) | 350.0% | 76.9% | -75.2% | 87.5% | - | -70.1% |
| EPS CAGR (3y) | 25.4% | -6.3% | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | -5.1% | 1.5% | -30.6% | 0.9% | 147.7% | -3.9% |
| FCF CAGR (5y) | 10.8% | 11.1% | 8.6% | 6.6% | 4.0% | -5.5% |
| Book value growth (YoY) | 8.1% | 0.7% | -1.9% | 0.1% | 8.3% | -17.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-06-30.
Business segments
$8.45B totalDow Jones Segment$2.33B · 27.6%
News And Information Services Segment$2.17B · 25.7%
Book Publishing Segment$2.15B · 25.4%
Digital Real Estate Services Segment$1.80B · 21.3%
Product / service
$8.45B totalCirculation And Subscription$3.01B · 35.6%
Consumer$2.05B · 24.2%
Real Estate$1.41B · 16.7%
Advertising$1.37B · 16.2%
Other Product Or Service$619.00M · 7.3%
Geographic
$15.85B totalUnited States And Canada$4.12B · 26.0%
US$4.00B · 25.2%
Australasia And Other$2.62B · 16.5%
AU$2.20B · 13.9%
Europe$1.71B · 10.8%
GB$1.20B · 7.6%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
6/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✗Cash flow > net income
- ✓Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- -Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Newspapers: Publishing or Publishing & Printing
Comparing NEWS CORP against the 5 most active filers in the same SIC group.
Dividends
$0.20/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| Mar 11, 2026 | $0.1000 |
| Sep 10, 2025 | $0.1000 |
| Mar 12, 2025 | $0.1000 |
| Sep 11, 2024 | $0.1000 |
| Mar 12, 2024 | $0.1000 |
| Sep 12, 2023 | $0.1000 |
| Mar 14, 2023 | $0.1000 |
| Sep 13, 2022 | $0.1000 |
| Mar 15, 2022 | $0.1000 |
| Sep 14, 2021 | $0.1000 |
| Mar 16, 2021 | $0.1000 |
| Sep 15, 2020 | $0.1000 |
| Mar 10, 2020 | $0.1000 |
| Sep 10, 2019 | $0.1000 |
| Mar 12, 2019 | $0.1000 |
| Sep 11, 2018 | $0.1000 |
| Mar 13, 2018 | $0.1000 |
| Sep 12, 2017 | $0.1000 |
| Mar 13, 2017 | $0.1000 |
| Sep 12, 2016 | $0.1000 |
| Mar 7, 2016 | $0.1000 |
| Sep 14, 2015 | $0.1000 |