News Corporation, a media and information services company, creates and distributes authoritative and engaging content, and other products and services for consumers and businesses. It operates through five segments: Digital Real Estate Services, Dow Jones, Book Publishing, News Media, and Other. The company distributes content and data products through various media channels, such as newspapers, newswires, websites, mobile apps, newsletters, magazines, proprietary databases, live journalism, video, and podcasts under the MarketWatch, The Wall Street Journal, Barron's, Investor's Business Daily, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, and Dow Jones Energy brands. It also owns and operates Monday to Friday, Saturday and Sunday, weekly, and bi-weekly newspapers comprising The Australian, The Weekend Australian, The Daily Telegraph, The Sunday Telegraph, Herald Sun, Sunday Herald Sun, The Courier Mail, The Sunday Mail, The Advertiser, Sunday Mail, The Sun, The Sun on Sunday, The Times, The Sunday Times, and New York Post, as well as digital mastheads and other websites. In addition, the company publishes general fiction, nonfiction, children's, and religious books; and operates Storyful, a social media content agency, as well as sports radio network and news channels. Further, it offers property and property-related advertising and services on its websites and mobile applications; digital real estate services; and financial services. The company has operations in the United States, Canada, Europe, Australasia, and internationally. News Corporation was incorporated in 2012 and is headquartered in New York, New York.
News Corporation (NWS) reported trailing twelve months revenue of $5.84B as of March 2026, a 27.3% decline year-over-year. Quarterly revenue reached $4.05B, reflecting a contraction in sales.
News Corporation reported a TTM net loss of $3.61B, with quarterly EBITDA of $0. The operating margin contracted from 83.3% to 83.0%, suggesting rising cost pressures or pricing headwinds.
The spread between operating margin (83.0%) and net margin (79.7%) indicates tight cost control with minimal non-operating drag. Net margin has narrowed from 81.3% a year ago, reflecting increased costs or interest expense.
NWS trades at a P/S of N/A.
The company generated $0 in free cash flow over the trailing twelve months, indicating strong cash generation ability. The balance sheet shows $15.52B in total assets with $1.99B in long-term debt against $9.28B in stockholders equity for a debt-to-equity ratio of 0.2, a conservative capital structure. Data based on the most recent quarterly reports.
Competitive analysis based on 21 quarters of fundamental data
Operating margins are expanding at ~79.7%, suggesting durable pricing power and cost discipline.
ROE is low or negative, suggesting limited competitive advantage or capital allocation challenges.
Only 1 of the last 8 quarters had positive FCF — the business may require external capital to sustain operations.
Revenue has been flat or declining over recent quarters, which may indicate eroding demand or competitive pressure.
Data-driven red flags and warnings across 21 quarters
Margins are stable or improving at ~107.2% — no sign of cost or pricing stress.
FCF consistently trails net income (avg 4.3x) — earnings may be inflated by non-cash items or aggressive accounting.
D/E ratio is 0.2 — conservative capital structure with low financial risk.
TTM revenue has contracted 33.6% — significant decline indicating deteriorating demand.
Free cash flow is consistently positive — the business self-funds without external capital reliance.
Shares decreased 100.0% — net buybacks are reducing shares outstanding and boosting per-share value.
Quarterly standardized metrics.
Stock price and market valuation
Revenue and earnings growth across quarters
Assets, cash, debt, and leverage
Price multiples and return ratios
Operating efficiency and return metrics
Free cash flow, earnings quality, and capital allocation