— Know what they know.
Not Investment Advice

NWS

NASDAQ · USD
News Corporation
Communication Services · Publishing
CEO Robert J. Thomson Employees 21,700 R&D / revenue 0.0%
Last price
$32.88−0.54%last session
Market cap
$17.7B
P/E (TTM)
31.9x
From 52w high
−8.1%
From 52w low
+29.0%
1-year return
+11.5%
RSI 14 · vs SMA200
55.1 · +8.6%
IS score
62.1/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)

One year, rebased to 100

NWS   SPY   XLC (sector ETF) · weekly closes
90100110120Jan 26Apr 26Jul 26Oct 26SPY 116NWS 112XLC 97

Score DNA

Each bar is a 0-100 score within the scored universe
40
Profitability
60
Growth
52
Value
88
Momentum
50
Risk (safety)
77
Quality
79
Balance sheet
69
Earnings quality

Flags

Strengths
✓ Piotroski 8+✓ FCF yield 5%+
Warnings
None of the computed warning flags fires for NWS (Altman, Beneish, accruals, FCF, dilution).
Observations
Piotroski 8 / 9Altman Z 2.4Beta 0.911 of 4 smart-money sources active

Smart-money strip

Each disclosure source on its own window. Filings coinciding is not coordination.
INSForm 4 · 180 days
Insider open-market buys
0
5 open-market sales, $3.2M
No Form 144 notices in 12 months
CONGSTOCK Act · 180 days
Congressional purchases
0
No disclosed purchases
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2026-06-30
Net change in institutional holders
+26
59 new holders, 30 closed
345 filers hold 15.9% · 138 added, 93 trimmed
ETFETF holdings · 30 days
Net funds accumulating
+44
438 funds adding shares
394 funds trimming · counts of funds, not dollars
DARKFINRA · daily
Short-sale share of off-exchange volume
42.0%
20-day avg 51.3%, 50-day avg 59.0%
Latest 9.3 pp under its 20-day average · a flow, not short interest

Key financials · FY2026

USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.
Income statement
Revenue$9.0B
Revenue growth YoY+6.8%
Gross margin56.9%
Operating income$1.0B
Operating margin11.4%
Net income$573.0M
Net margin6.3%
EPS (diluted)$1.03
Cash flow
Operating cash flow$1.2B
Capital expenditure$426.0M
Free cash flow$811.0M
FCF conversion (FCF / OCF)65.6%
Stock-based compensation$0
FCF less SBC$811.0M
Buybacks$782.0M
Dividends$204.0M
Balance sheet & returns
Cash & short-term investments$2.1B
Total debt$2.0B
Net cash$106.0M
Shareholders' equity$9.2B
Goodwill & intangibles$6.4B
Debt / equity0.34
ROE (TTM)6.6%
ROIC (TTM)5.7%
Operating margin by fiscal year
16.2%FY202214.4%FY202314.8%FY202416.7%FY202511.4%FY2026
Revenue $10.4B (FY2022) to $9.0B (FY2026), a -3.4% CAGR.

Valuation

P/E (TTM)31.9x
EV / EBITDA12.1x
Price / sales1.96x
Price / FCF16.6x
FCF yield6.03%
Buyback yield4.41%
SBC / revenue0.0%
Price / book2.15x
Forward P/E FY202724.9x
Forward P/E FY202821.4x
Forward multiples divide today's price by Street EPS estimates.

NWS vs industry median

42 companies in Publishing
Gross margin 56.9% 42.7% Operating margin 11.4% 4.9% Net margin 6.3% 1.7% ROIC 5.7% 6.5%
NWS (TTM)Industry median Asset turnover 0.58 vs industry 0.96 · financial leverage 1.82

Earnings delivery

Next report 2026-11-05 · consensus EPS $0.26
75%
beat rate, 9 of 12 quarters
+15.5%
median EPS surprise
4
longest beat streak
+36+17-2+8+25-3+21-5+13+60+12+51
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2023-11-09 to 2026-08-05. Bars cap at ±60%.

Peers

Market-cap band, not the industry cohort above
CompanyMkt capP/EROENet marginRev growth12m return
NWS News Corporation $17.7B31.9x6.6%6.3%+6.8% +11.5%
NYT The New York Times Company $10.9B28.0x19.7%12.3%+10.8% +21.8%
WLY John Wiley & Sons, Inc. $2.7B14.0x25.9%-3.0%−0.3% +47.7%
ASTS AST SpaceMobile, Inc. $16.6Bn/m-44.8%—+2,256.9% −54.6%
WMG Warner Music Group Corp. $16.4B24.3x93.1%10.9%+12.9% −2.7%
ROKU Roku, Inc. $20.4B64.4x13.1%12.1%+18.5% —
CHTR Charter Communications, Inc. $14.8B2.8x29.7%9.6%−1.5% —
OMC Omnicom Group Inc. $22.1B43.1x5.4%8.9%+40.6% —
12-month window: SPY +15.9%, sector ETF XLC −3.4%. Past returns describe history only.

Recent 8-K filings

No 8-K filings on file.

Context

Shares outstanding538,730,116
Free float53.8%
Institutional ownership15.9%
Beta0.91
Dividend yield0.61%
Last dividend$0.10 on 2026-09-09
50 / 200-day average$33.05 / $30.28
Large-cap Communication Services median P/E16.1x

Full factsheet

The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality.

Read it in the browser Download (PDF)

All fundamentals · 140 measures in 13 categories

Percentile = where NWS sits among 7 scored companies in Publishing (0 = lowest value, 100 = highest). It is a position, not a grade.

Valuation

MeasureNWSIndustry medianIndustry percentileSector median
P/E (TTM) 30.9x 20.7x
100th
16.6x
PEG (P/E ÷ 3-yr EPS CAGR) 0.53 — 0.47
Price / sales 2.0x 1.6x
83rd
1.6x
Price / book 2.1x 3.3x
33rd
2.1x
Price / tangible book 7.3x — 3.7x
Price / free cash flow 16.6x 16.1x
60th
10.4x
Price / operating cash flow 11.9x 11.2x
67th
8.9x
Enterprise value $18.5B $3.9B
100th
$3.9B
EV / sales 2.1x 2.1x
50th
2.2x
EV / EBITDA 12.1x 10.4x
83rd
10.0x
EV / EBIT 17.7x 16.8x
83rd
15.8x
EV / free cash flow 17.4x 18.0x
40th
17.3x
Earnings yield 3.2% 3.6%
17th
2.4%
FCF yield 6.0% 6.0%
50th
6.6%
Operating cash flow yield 8.4% 9.0%
33rd
10.7%
Graham number (per share) $18.78 $31.62
0th
$31.22

Profitability (TTM)

MeasureNWSIndustry medianIndustry percentileSector median
Gross margin 56.9% 56.9%
50th
51.5%
EBITDA margin 17.0% 18.9%
17th
18.1%
Operating margin 11.4% 11.4%
33rd
9.7%
EBIT margin 11.6% 13.2%
17th
9.3%
Net margin 6.3% 6.3%
33rd
5.3%
NOPAT margin 8.1% 8.1%
33rd
7.1%
FCF margin 11.8% 11.9%
33rd
10.5%
Operating cash flow margin 16.5% 16.6%
33rd
17.4%
R&D / revenue 0.0% 0.0%
0th
0.0%
SG&A / revenue 38.9% 38.9%
50th
26.0%
Stock comp / revenue 0.0% 0.6%
0th
1.7%
Effective tax rate 29.0% 25.1%
60th
21.0%

Returns on capital

MeasureNWSIndustry medianIndustry percentileSector median
ROE (on average equity) 6.6% 7.4%
17th
7.6%
ROA 3.7% 3.7%
33rd
3.1%
ROIC 7.8% 7.8%
33rd
7.6%
ROCE 8.2% 11.2%
0th
7.2%
Return on tangible assets 6.7% 8.6%
0th
5.5%
Cash ROIC (OCF / invested capital) 16.0% 14.1%
67th
15.6%
Gross profitability (GP / assets) 33.0% 38.3%
0th
26.4%
ROIC, 3-yr average 4.4% 4.7%
40th
4.1%
ROIC, 5-yr average 4.7% 4.1%
60th
3.7%
ROE, 5-yr average 4.9% 5.5%
20th
5.0%
Incremental ROIC -147.0% 35.1%
0th
1.0%

Growth

MeasureNWSIndustry medianIndustry percentileSector median
Revenue growth (TTM YoY) 6.8% 3.3%
60th
7.2%
Revenue growth (QoQ) 7.0% -2.2%
67th
4.0%
Revenue CAGR, 3 yr -3.0% -3.0%
40th
5.0%
Revenue CAGR, 5 yr -0.7% -0.7%
40th
7.4%
Gross profit CAGR, 3 yr 2.3% -0.3%
80th
6.4%
Operating income CAGR, 3 yr -10.2% 17.1%
20th
13.7%
Net income growth (TTM YoY) 23.5% 23.5%
50th
12.6%
Net income CAGR, 3 yr 56.7% — 20.1%
EPS growth (TTM YoY) 25.7% 25.7%
50th
15.5%
EPS CAGR, 3 yr 58.0% — 26.6%
EPS CAGR, 5 yr 12.9% 12.9%
40th
14.4%
FCF growth (TTM YoY) 46.9% 47.7%
25th
20.6%
FCF CAGR, 3 yr 21.7% 21.7%
50th
16.7%
Operating cash flow CAGR, 3 yr 11.0% 5.8%
60th
13.1%
Book value CAGR, 3 yr 2.8% 2.1%
60th
3.9%
Dividend CAGR, 3 yr 4.2% 4.2%
40th
4.2%
Sustainable growth rate 4.3% 9.2%
0th
7.7%

Margin history & stability

MeasureNWSIndustry medianIndustry percentileSector median
Gross margin, 3-yr average 55.7% 63.7%
40th
52.4%
Operating margin, 3-yr average 14.3% 13.8%
80th
7.5%
Net margin, 3-yr average 5.0% 4.5%
60th
4.7%
FCF margin, 3-yr average 9.7% 9.0%
80th
9.7%
Revenue stability (0-1) 0.23 0.63
0th
0.83
Earnings stability (0-1) 0.06 0.03
60th
0.30
Margin stability (0-1) 0.93 0.94
20th
0.88

Liquidity (latest quarter)

MeasureNWSIndustry medianIndustry percentileSector median
Cash & short-term investments $2.1B $106.8M
83rd
$479.5M
Net cash (− = net debt) −$820.0M −$820.0M
50th
−$532.8M
Working capital $1.7B $147.3M
83rd
$125.0M
Current ratio 1.62 1.25
83rd
1.28
Quick ratio 1.51 0.78
67th
1.28
Cash ratio (cash + ST investments / current liabilities) 0.76 0.18
67th
0.70
Defensive interval (days) 342 days 228 days
83rd
395 days

Leverage & solvency (latest quarter)

MeasureNWSIndustry medianIndustry percentileSector median
Total debt $2.9B $1.4B
83rd
$1.2B
Debt / equity 0.34 0.78
17th
0.67
Net debt / equity 0.10 0.61
17th
0.37
Debt / assets 18.8% 29.5%
17th
30.9%
Debt / capital 25.5% 43.7%
17th
40.7%
Debt / EBITDA 1.90 1.90
33rd
3.03
Net debt / EBITDA 0.54 1.36
17th
1.41
Interest coverage (EBIT / interest) —
Cash interest coverage —
Debt payback (years of OCF) 2.0 yrs 4.7 yrs
33rd
2.8 yrs
Liabilities / assets 40.6% 61.9%
17th
56.1%
IS credit model rating A+ — —
Implied credit spread (bps) 125 175
17th
400

Efficiency

MeasureNWSIndustry medianIndustry percentileSector median
Asset turnover 0.58 0.59
0th
0.52
Fixed asset turnover 4.20 6.30
0th
3.99
Inventory turnover 12.4 16.3
20th
23.8
Receivables turnover 5.4 7.7
0th
8.1
Days sales outstanding 67 days 47 days
83rd
44 days
Days inventory outstanding 29 days 24 days
60th
15 days
Days payables outstanding 35 days 35 days
33rd
57 days
Cash conversion cycle (days) 62 days 31 days
67th
1 days
Capex / revenue 4.7% 4.7%
50th
3.5%
Capex / depreciation 0.88 0.54
83rd
0.60
Operating expense ratio 65.1% 65.1%
50th
45.3%

Cash flow & earnings quality

MeasureNWSIndustry medianIndustry percentileSector median
Operating cash flow / net income 2.61 1.57
80th
2.40
FCF / net income 1.86 1.33
80th
1.69
FCF / operating cash flow 71.5% 71.6%
33rd
72.9%
Capex / operating cash flow 28.5% 28.4%
67th
27.1%
Accruals ratio -5.9% -5.5%
33rd
-8.0%
Sloan accruals ratio -6.2% -6.0%
17th
-5.6%
Earnings quality score (0-1) 0.75 0.75
20th
0.75

Dividends & buybacks

MeasureNWSIndustry medianIndustry percentileSector median
Dividend yield 0.6% 1.3%
17th
0.0%
Dividend per share (TTM) $0.20 $0.85
17th
$0.00
Payout ratio (dividends / net income) 35.6% 35.6%
40th
5.7%
Dividends / FCF 19.1% 19.7%
40th
0.0%
Dividend growth (YoY) 12.3% 12.3%
60th
3.2%
Buyback yield 4.6% 3.8%
67th
1.7%
Shareholder yield (dividends + buybacks) 5.7% 6.1%
33rd
3.5%
Share count change (YoY) -1.8% -4.0%
80th
-0.8%
Buybacks, last 5 years $2.0B $428.4M
83rd
$152.3M

Scores & forensic checks

MeasureNWSIndustry medianIndustry percentileSector median
IS score 62 61
83rd
44
IS profitability 40 40
33rd
36
IS growth 60 58
80th
56
IS value 52 54
33rd
44
IS momentum 88 85
80th
66
IS risk (safety) 50 50
17th
30
IS quality 77 64
83rd
58
IS balance sheet 79 66
67th
48
IS earnings quality 69 69
50th
58
IS cash flow 69 67
67th
56
Piotroski F-score (0-9) 8 6
83rd
5
Altman Z-score 2.4 2.2
67th
1.7
Beneish M-score −2.73 −2.52
20th
−2.74
Ohlson O-score −9.11 −6.97
17th
−7.27
IS credit score 75 66
83rd
49

Per share

MeasureNWSIndustry medianIndustry percentileSector median
EPS, diluted (TTM) $1.03 $2.41
17th
$0.86
Book value per share $15.27 $15.27
33rd
$14.63
Tangible book per share $5.13 $5.13
50th
$1.25
Revenue per share $16.17 $18.26
17th
$17.81
FCF per share $1.91 $1.92
33rd
$1.98
Operating cash flow per share $2.68 $2.69
33rd
$2.77
Cash per share $3.75 $3.75
50th
$3.75

Size (TTM)

MeasureNWSIndustry medianIndustry percentileSector median
Market cap $17.7B $2.7B
100th
$2.7B
Revenue $9.0B $1.7B
83rd
$1.8B
EBITDA $1.5B $421.7M
83rd
$326.9M
Net income $573.0M $198.2M
83rd
$65.3M
Free cash flow $1.1B $211.5M
83rd
$211.5M
Total assets $15.5B $3.1B
83rd
$3.6B
Shareholders' equity $8.5B $797.0M
83rd
$1.1B
Employees 21,700 6,000
83rd
3,872

Insider transactions, last 6 months

Form 4 · most recent 12
DateInsiderTypeSharesPriceValueOwned after
2026-10-07Thomson Robert J
Director, Chief Executive Officer
Award / grant 123——35,451
2026-10-07Thomson Robert J
Director, Chief Executive Officer
Award / grant 225——64,478
2026-10-07Thomson Robert J
Director, Chief Executive Officer
Award / grant 378——108,402
2026-10-07Chandrashekar Lavanya
Chief Financial Officer
Award / grant 33——9,584
2026-10-07Chandrashekar Lavanya
Chief Financial Officer
Award / grant 61——17,647
2026-10-07Chandrashekar Lavanya
Chief Financial Officer
Award / grant 97——27,874
2026-10-07Pitofsky David B
General Counsel
Award / grant 27——7,838
2026-10-07Pitofsky David B
General Counsel
Award / grant 56——16,289
2026-10-07Pitofsky David B
General Counsel
Award / grant 90——25,809
2026-10-07Degrazio Marygrace
Chief Accounting Officer
Award / grant 16——4,788
2026-10-07Degrazio Marygrace
Chief Accounting Officer
Award / grant 31——9,011
2026-10-07Degrazio Marygrace
Chief Accounting Officer
Award / grant 49——14,242

Shares acquired vs disposed, by month

acquired disposed · all Form 4 types
AprJulAugOct

By transaction type, 6 months

TypeDirectionFilingsSharesValue
Award / grantAcquired42763,725—
Open-market saleDisposed5110,779$3.2M
Option exerciseAcquired36764,219—
Option exerciseDisposed36764,219—
Return to issuerDisposed1843,267$1.2M
Tax withholdingDisposed21385,332$11.2M
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.

Form 144 notices

FiledFilerShares proposedEst. proceeds
None on file.
A Form 144 is notice of a proposed sale, not a confirmed one.

Congress trades

12 months: House 1 trades (1 purchases) · Senate 0 (0 purchases)
TradedMemberChamberTypeAmountDisclosed
2026-04-13Gilbert Ray CisnerosHousePurchase$1,001 - $15,0002026-05-11
2022-05-23Ro KhannaHouseSale$1,001 - $15,0002022-06-10
2022-05-05Ro KhannaHousePurchase$1,001 - $15,0002022-06-10
2022-04-13Ro KhannaHouseSale$1,001 - $15,0002022-05-06
2020-04-14David PerdueSenateSale (Full)$1,001 - $15,0002021-05-02
2020-04-14David PerdueSenateSale (Full)$1,001 - $15,0002021-05-01
2020-04-14David PerdueSenateSale (Full)$1,001 - $15,0002021-05-01
2020-04-14David PerdueSenateSale (Full)$1,001 - $15,0002020-05-08
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.

Largest 13F holders

Quarter to 2026-06-30, the latest most managers have filed
ManagerSharesValue% of shares out
SOF Ltd9,781,882$274.5M1.82%
Independent Franchise Partners LLP9,023,857$253.2M1.68%
STATE STREET CORP8,593,355$241.1M1.60%
BlackRock, Inc.7,597,187$213.2M1.41%
VANGUARD CAPITAL MANAGEMENT LLC6,222,798$174.6M1.16%
VANGUARD PORTFOLIO MANAGEMENT LLC5,239,208$147.0M0.97%
GEODE CAPITAL MANAGEMENT, LLC3,969,173$111.2M0.74%
Perpetual Ltd2,512,561$70.5M0.47%
DIMENSIONAL FUND ADVISORS LP2,443,696$68.6M0.45%
Invesco Ltd.2,180,597$61.2M0.40%
L1 Capital Pty Ltd1,995,900$56.0M0.37%
BANK OF MONTREAL /CAN/1,982,009$55.6M0.37%
Metropolis Capital Ltd1,172,616$33.4M0.22%
BANK OF AMERICA CORP /DE/1,151,116$32.3M0.21%
Quantinno Capital Management LP1,002,996$28.1M0.19%

Institutional ownership by quarter

2023-092026-0615.9%
% of shares held by 13F filers
2023-092026-06345
Number of 13F filers holding

Holder changes by quarter

QuarterHoldersOwnershipNewIncreasedReducedClosed
2026-06-3034515.9%591389330
2026-03-3131916.4%5111411136
2025-12-3131315.6%4012111152
2025-09-3033615.9%501517938
2025-06-3032914.0%641299932
2025-03-3130214.6%471199333
2024-12-3129214.8%4310710730
2024-09-3028115.2%351089532
2024-06-3028115.1%411138922
2024-03-3126314.7%51838712
2023-12-3122415.0%38717922
2023-09-3021214.6%30658218

Schedule 13D / 13G filers

FiledFormFiler% of classShares
None on file.
Required above 5% of a class; 13G is the passive form.

ETFs with the largest holding

ETFWeight in fundHolding value
XLC0.51%$122.4M
VFFSX0.01%$100.0M
VOO0.01%$100.0M
VFINX0.01%$100.0M
VFIAX0.01%$100.0M
NAESX0.05%$85.6M

Share structure

Shares outstanding538,730,116
Float289,901,450
Free float53.8%

Income statement

Fiscal years, USD
FY2022FY2023FY2024FY2025FY2026
Revenue$10.4B$8.0B$8.3B$8.5B$9.0B
Cost of revenue$5.1B$3.9B$3.8B$3.7B$3.9B
Gross profit$5.3B$4.1B$4.5B$4.7B$5.1B
R&D$0$0$0$0$0
SG&A$0$0$0$3.3B$3.5B
Operating income$1.7B$1.1B$1.2B$1.4B$1.0B
EBITDA$1.4B$878.0M$970.0M$1.1B$1.5B
Pretax income$812.0M$380.0M$585.0M$923.0M$1.0B
Income tax$52.0M$152.0M$206.0M$275.0M$303.0M
Net income$623.0M$149.0M$266.0M$464.0M$573.0M
EPS, diluted$1.05$0.26$0.46$0.81$1.03
Diluted shares592.5M578.8M573.5M569.9M558.4M

Balance sheet

FY2022FY2023FY2024FY2025FY2026
Cash & short-term investments$1.8B$1.8B$1.9B$2.4B$2.1B
Receivables$1.5B$1.4B$1.4B$1.6B$1.8B
Inventory$311.0M$311.0M$266.0M$327.0M$302.0M
Total current assets$4.1B$4.1B$4.4B$4.8B$4.5B
PP&E, net$3.0B$3.1B$2.1B$2.1B$2.2B
Goodwill & intangibles$7.8B$7.6B$6.3B$6.3B$6.4B
Total assets$17.2B$16.9B$16.7B$15.5B$15.5B
Accounts payable$411.0M$440.0M$254.0M$335.0M$412.0M
Total current liabilities$3.5B$3.2B$3.1B$2.6B$2.8B
Long-term debt$2.7B$2.9B$2.1B$1.8B$2.0B
Total liabilities$8.1B$8.0B$7.7B$6.1B$6.3B
Shareholders' equity$9.1B$8.9B$9.0B$9.4B$9.2B

Cash flow statement

Outflows are negative
FY2022FY2023FY2024FY2025FY2026
Net income$760.0M$149.0M$269.0M$480.0M$743.0M
Depreciation & amortization$688.0M$823.0M$440.0M$459.0M$485.0M
Stock-based compensation$59.0M$92.0M$0$0$0
Change in working capital−$93.0M−$82.0M−$139.0M−$206.0M−$145.0M
Operating cash flow$1.4B$1.1B$1.1B$1.1B$1.2B
Capital expenditure−$499.0M−$499.0M−$357.0M−$407.0M−$426.0M
Free cash flow$855.0M$593.0M$741.0M$727.0M$811.0M
Investing cash flow−$2.1B−$574.0M−$524.0M−$153.0M−$519.0M
Net debt issued / repaid$852.0M−$75.0M−$131.0M−$142.0M$0
Buybacks−$179.0M−$243.0M−$117.0M−$150.0M−$782.0M
Dividends paid−$175.0M−$174.0M−$172.0M−$185.0M−$204.0M

Ratio history

Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end
FY2022FY2023FY2024FY2025FY2026
Gross margin51.1%48.6%54.2%56.2%56.9%
Operating margin16.2%14.4%14.8%16.7%11.4%
Net margin6.0%1.5%3.2%5.5%6.3%
FCF margin8.2%6.0%8.6%8.6%11.8%
ROE7.6%1.8%3.3%5.5%6.6%
ROIC14.9%7.7%8.5%10.7%7.8%
ROA3.7%0.9%1.6%2.9%3.7%
Debt / equity0.510.520.380.340.34
Interest coverage10.0x7.1x13.7x45.5x—
Current ratio1.161.281.431.841.62
Revenue growth+11.0%−4.9%−16.5%+2.4%+6.8%
EPS growth+89.5%−75.4%+78.5%+75.8%+25.7%
P/E at year end14.6x74.5x60.6x41.9x27.3x
EV / EBITDA at year end6.8x9.5x13.3x14.9x10.8x
FCF yield at year end9.42%5.35%4.40%3.74%6.82%
Dividend payout28.1%116.8%64.7%39.9%35.6%

Revenue by segment

FY2022FY2023FY2024FY2025FY2026
Dow Jones Segment$2.0B$2.2B$2.2B$2.3B$2.5B
News And Information Services Segment$2.4B$2.3B$2.2B$2.2B$2.2B
Book Publishing Segment$2.2B$2.0B$2.1B$2.1B$2.3B
Subscription Video Services$2.0B$1.9B$1.9B——
Digital Real Estate Services Segment$1.7B$1.5B$1.7B$1.8B$2.0B

Revenue by region · FY2026

United States And Canada$4.4B · 51%
AUSTRALIA$2.4B · 28%
Europe$1.8B · 21%

Street estimates by fiscal year

Next report 2026-11-05 · consensus EPS $0.26 · these are analysts' numbers, not ours
Fiscal yearRevenue (mean)Revenue rangeEPS (mean)EPS rangeAnalystsP/E on mean EPS
2026$8.9B$8.9B – $8.9B$1.06$1.04 – $1.08231.0x
2027$9.4B$9.3B – $9.5B$1.32$1.29 – $1.35324.9x
2028$9.8B$9.6B – $9.9B$1.54$1.51 – $1.57321.4x

Reported vs expected, every quarter on file

ReportedEPS expectedEPS actualEPS surpriseRevenue expectedRevenue actualRevenue surprise
2026-08-05$0.23$0.35+50.7%$2.2B$2.3B+4.0%
2026-05-07$0.19$0.21+11.5%$2.1B$2.2B+3.2%
2026-02-05$0.25$0.40+60.0%$2.3B$2.4B+2.4%
2025-11-06$0.19$0.22+13.5%$2.1B$2.1B+1.6%
2025-08-05$0.20$0.19−4.7%$2.1B$2.1B+0.7%
2025-05-08$0.14$0.17+20.6%$2.0B$2.0B+0.2%
2025-02-05$0.34$0.33−2.9%$2.2B$2.2B+2.4%
2024-11-07$0.17$0.21+24.9%$2.6B$2.6B−0.1%
2024-08-08$0.16$0.17+7.9%$2.5B$2.6B+3.4%
2024-05-08$0.11$0.11−2.5%$2.5B$2.4B−1.3%
2024-02-07$0.22$0.26+17.5%$2.6B$2.6B+0.8%
2023-11-09$0.12$0.16+35.7%$2.5B$2.5B+0.6%
2023-08-10$0.09$0.14+64.3%$2.5B$2.4B−2.3%
2023-05-11$0.05$0.09+86.3%$2.4B$2.4B+2.9%
2023-02-09$0.20$0.14−30.8%$2.6B$2.5B−1.9%
2022-11-08$0.12$0.120.0%$2.5B$2.5B0.0%
2022-08-08$0.08$0.37+346.9%$2.6B$2.7B+3.8%
2022-05-05$0.15$0.16+9.8%$2.5B$2.5B−0.1%
2022-02-03$0.28$0.44+55.8%$2.6B$2.7B+2.8%
2017-05-09$0.04$0.07+75.0%—$2.0B—
2017-02-09$0.18$0.19+5.6%—$2.1B—
2016-11-07$-0.01$-0.010.0%—$2.0B—
2016-08-08$0.12$0.10−16.7%—$2.2B—
2016-02-04$0.20$0.200.0%—$2.2B—

Off-exchange (dark pool) volume, weekly

FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)
0.006-150.106-220.106-290.107-060.007-130.007-200.007-270.008-030.008-100.008-170.008-240.008-31
Week ofNotionalSharesTrades
2026-08-31$41.5M1,205,77524,403
2026-08-24$49.7M1,415,95523,520
2026-08-17$29.6M880,25119,194
2026-08-10$29.6M904,86019,266
2026-08-03$43.6M1,326,11827,357
2026-07-27$29.0M914,25522,692

Short-sale share of off-exchange volume

daily 20-day average
07-2310-1542.0%
DateShort shareShort volumeTotal volume
2026-10-1542.0%94,420224,838
2026-10-1469.1%127,736184,725
2026-10-1339.0%82,151210,752
2026-10-1265.3%93,813143,715
2026-10-0937.3%111,400298,400
2026-10-0856.6%120,204212,301
2026-10-0755.9%152,465272,672
2026-10-0653.2%153,900289,150
2026-10-0557.9%93,782161,937
2026-10-0255.5%103,919187,363
A daily flow measure from FINRA, not short interest.

Seasonality

Average return by calendar month
+1.3Jan+1.2Feb-2.0Mar-0.1Apr+1.9May+0.9Jun+2.0Jul+1.2Aug-1.0Sep+0.4Oct+4.1Nov-0.3Dec
MonthAvg returnUp yearsYears
Jan+1.3%54%13
Feb+1.2%62%13
Mar−2.0%46%13
Apr−0.1%42%12
May+1.9%50%12
Jun+0.9%54%13
Jul+2.0%54%13
Aug+1.2%46%13
Sep−1.0%54%13
Oct+0.4%46%13
Nov+4.1%46%13
Dec−0.3%54%13
History, not a forecast.

Indicators

as of 2026-10-16
RSI 1455.1
MFI51.0
ADX16.8
Stochastic %K / %D82.9 / 85.8
Williams %R-25.9
CCI146
TSI / signal-2.7 / -9.2
Chaikin money flow0.04
ATR$0.70
Bollinger width6.6%
Volume vs 20-day avg1.35x
SupertrendDown

Moving averages and bands

level (price vs level)
SMA 20$32.03 (+2.7%)
SMA 50$33.01 (−0.4%)
SMA 200$30.29 (+8.6%)
EMA 21$32.38 (+1.5%)
EMA 50$32.42 (+1.4%)
EMA 200$31.19 (+5.4%)
Bollinger upper$33.09 (−0.6%)
Bollinger lower$30.98 (+6.1%)
Parabolic SAR$31.95 (+2.9%)
Open the live chart, 110+ indicators

About News Corporation

News Corporation stands as a leading global enterprise in media and information services, dedicated to creating and distributing compelling, authoritative content, alongside a variety of products and services, for consumers and businesses worldwide. Its extensive operations are segmented into six core areas: Digital Real Estate Services, Subscription Video Services, Dow Jones, Book Publishing, News Media, and Other. The company disseminates a rich array of content and data products, including renowned titles like The Wall Street Journal, Barron's, MarketWatch, and Factiva, through diverse mediums such as print newspapers, websites, mobile applications, proprietary databases, video, and podcasts. Its portfolio encompasses numerous daily, Sunday, weekly, and bi-weekly newspapers, notably The Australian, The Times, and the New York Post, along with their digital counterparts. Furthermore, News Corp is active in book publishing, offering general fiction, non-fiction, children's, and religious titles. It also supplies sports, entertainment, and news programming to pay-TV and streaming subscribers, as well as commercial partners, often securing broadcasting rights for live athletic events. The company additionally provides property-related advertising and online real estate services via its digital platforms and mobile apps, alongside offering financial services. Established in 2012, News Corporation is headquartered in New York, New York.

https://newscorp.com

Key executives

NameTitlePayBorn
Robert J. ThomsonChief Executive Officer & Director$9.7M1961
Lavanya ChandrashekarChief Financial Officer$4.6M1972
David PitofskyExecutive Vice President & General Counsel$4.0M1965
Julian DelanyExecutive Vice President & Chief Technology Officer$2.6M1973
Ruth AllenExecutive Vice President & Chief Human Resources Officer$2.0M1979
Arthur BochnerExecutive Vice President & Chief Communications Officer——
James MarcovitzSenior Vice President & Deputy General Counsel——
Marygrace DeGrazioChief Accounting Officer—1976

Executive pay, latest proxy

ExecutiveYearSalaryStock awardsIncentiveTotal
Robert J. Thomson Chief Executive Officer2025$3.0M$10.0M$6.8M$20.6M
Susan Panuccio Former Chief Financial Officer2025$1.7M$2.8M$3.5M$8.3M
David B. Pitofsky General Counsel2025$1.4M$2.1M$2.6M$6.2M
Lavanya Chandrashekar Chief Financial Officer2025$689,231$2.6M$1.6M$5.5M
David R. Kline Former Chief Technology Officer (through June 29, 2025)2025$1.1M$980,522$1.3M$3.5M
Ruth Allen Chief Human Resources Officer2025$825,000$978,769$1.0M$3.0M

Employees

28k201924k202024k202126k202225k202324k202422k202522k2026

Dividends

Ex-dateAmountPaid
2026-09-09$0.12026-10-07
2026-03-11$0.12026-04-08
2025-09-10$0.12025-10-08
2025-03-12$0.12025-04-09
2024-09-11$0.12024-10-09
2024-03-12$0.12024-04-10
2023-09-12$0.12023-10-11
2023-03-14$0.12023-04-12
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17

Sign in to InsiderStreet

You'll also get our free weekly newsletter with
smart money signals, market insights, and alpha ideas.
Unsubscribe anytime.

For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms