NEWS CORP NWSA
News Corporation (the "Company," "News Corp," "we," "us," or "our") is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services to consumers and businesses throughout the world. The Company comprises businesses across a range of media, including information services and news, digital real estate services and book publishing, that are distributed under some of the world's most recognizable and respected brands, including The Wall Street Journal, Barron's, Dow Jones, The Australian, Herald Sun, The Sun, The Times, HarperCollins Publishers, realestate.com.au, Realtor.com®, talkSPORT and many others.
Valuation FY2026 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.03B | $8.45B | $8.25B | $8.01B | $8.44B | $9.36B | $9.01B | $10.07B | $9.02B | $8.14B |
| SG&A | $3.51B | $3.30B | $3.20B | $3.01B | $3.22B | $3.25B | $3.00B | $3.19B | $3.05B | $2.73B |
| Total operating expenses | — | — | — | — | — | — | — | $8.83B | — | — |
| Pre-tax income | $1.05B | $923.0M | $585.0M | $380.0M | $837.0M | $450.0M | -$1.52B | $354.0M | -$1.09B | -$615.0M |
| Income tax | $303.0M | $275.0M | $206.0M | $152.0M | $64.0M | $61.0M | $21.0M | $126.0M | $355.0M | $28.0M |
| Net income | $573.0M | $1.18B | $266.0M | $149.0M | $623.0M | $330.0M | -$1.27B | $155.0M | -$1.51B | -$738.0M |
| EPS, basic | 1.03 | 2.08 | 0.47 | 0.26 | 1.06 | 0.56 | -2.16 | 0.27 | -2.60 | -1.27 |
| EPS, diluted | 1.03 | 2.07 | 0.46 | 0.26 | 1.05 | 0.56 | -2.16 | 0.26 | -2.60 | -1.27 |
| Shares, diluted (wtd. avg.) | $558.4M | $569.9M | $573.5M | $578.8M | $592.5M | $593.4M | $587.9M | $587.9M | $582.7M | $581.4M |
Balance sheet
| Fiscal year | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $2.10B | $2.40B | $1.87B | $1.76B | $1.82B | $2.24B | $1.52B | $1.64B | $2.03B | $2.02B |
| Receivables | $1.76B | $1.56B | $1.42B | $1.43B | $1.50B | $1.50B | $1.20B | $1.54B | $1.61B | $1.28B |
| Inventory | $302.0M | $327.0M | $266.0M | $311.0M | $311.0M | $253.0M | $348.0M | $348.0M | $376.0M | $208.0M |
| Total current assets | $4.48B | $4.81B | $4.37B | $4.05B | $4.09B | $4.46B | $3.46B | $4.05B | $4.39B | $3.81B |
| Property, plant and equipment | $1.40B | $1.33B | $1.27B | $2.04B | $2.10B | $2.27B | $2.26B | $2.55B | $2.56B | $1.62B |
| Goodwill | $4.54B | $4.37B | $4.34B | $4.29B | $5.17B | $4.65B | $3.95B | $5.15B | $5.22B | $3.84B |
| Other intangibles | $1.84B | $1.93B | $1.95B | $2.49B | $2.67B | $2.18B | $1.86B | $2.43B | $2.67B | $2.28B |
| Total assets | $15.54B | $15.50B | $16.68B | $16.92B | $17.22B | $16.77B | $14.26B | $15.71B | $16.35B | $14.55B |
| Accounts payable | $412.0M | $335.0M | $254.0M | $440.0M | $411.0M | $321.0M | $351.0M | $411.0M | $605.0M | $222.0M |
| Short-term debt | $0 | $25.0M | $9.0M | $27.0M | $293.0M | $28.0M | $76.0M | $449.0M | $462.0M | $103.0M |
| Total current liabilities | $2.76B | $2.61B | $3.06B | $3.17B | $3.52B | $3.23B | $2.68B | $3.34B | $3.29B | $2.45B |
| Long-term debt | $1.99B | $1.94B | $2.09B | $2.94B | $2.78B | $2.29B | $1.18B | $1.00B | $1.49B | $276.0M |
| Retained earnings | -$312.0M | -$747.0M | -$1.89B | -$2.14B | -$2.29B | -$2.91B | -$3.24B | -$1.98B | -$2.16B | -$648.0M |
| Total equity | $8.53B | $8.77B | $9.01B | $8.95B | $9.14B | $9.15B | $8.39B | $10.31B | $10.48B | $11.07B |
Cash flow
| Fiscal year | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.24B | $978.0M | $897.0M | $777.0M | $953.0M | $1.24B | $780.0M | $928.0M | $757.0M | $494.0M |
| Depreciation and amortisation | $385.0M | $361.0M | $341.0M | $309.0M | $289.0M | $568.0M | $537.0M | $533.0M | $372.0M | $358.0M |
| Capital expenditure | $426.0M | $407.0M | $357.0M | $347.0M | $310.0M | $390.0M | $438.0M | $572.0M | $364.0M | $256.0M |
| Investing cash flow | -$539.0M | -$406.0M | -$410.0M | -$423.0M | -$1.89B | -$1.29B | -$427.0M | -$677.0M | -$321.0M | -$420.0M |
| Financing cash flow | -$1.01B | -$524.0M | -$483.0M | -$525.0M | $578.0M | $699.0M | -$472.0M | -$610.0M | -$398.0M | -$217.0M |
| Dividends paid | $204.0M | $185.0M | $172.0M | $174.0M | $175.0M | $163.0M | $158.0M | $161.0M | $158.0M | $152.0M |
| Buybacks | $641.0M | $150.0M | $117.0M | $243.0M | $179.0M | $0 | $0 | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001564708-26-000175.
Others in SIC 2711
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| NYT | NEW YORK TIMES CO | $10.90B | 32.2x | 9.2% |
| TDAY | USA TODAY Co., Inc. | $929.4M | 633.0x | -8.3% |
| DJCO | DAILY JOURNAL CORP | $865.2M | 7.7x | 25.4% |
| LEE | LEE ENTERPRISES, Inc | $181.2M | — | -8.0% |