News CorporationNWSA
NasdaqGS•Communication Services•Entertainment
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 (NWSA) reported trailing twelve months revenue of $8.32B as of March 2026, a 11.5% decline year-over-year. Quarterly revenue reached $2.19B, reflecting a contraction in sales.
News Corporation generated $1.14B in TTM net income, with quarterly EBITDA of $1.35B. The operating margin expanded from 55.0% to 56.4%, suggesting improving cost efficiency and pricing discipline.
The spread between operating margin (56.4%) and net margin (4.1%) indicates significant non-operating expenses or interest burden. Net margin has narrowed from 5.1% a year ago, reflecting increased costs or interest expense.
NWSA trades at a P/E of 12.1x (below the broader market average) and a P/S of 1.7x. The price-to-book ratio of 1.6x reflects a moderate premium to book value.
The company generated $399.00M in free cash flow over the trailing twelve months, a 4.5% decrease year-over-year, indicating cash generation ability. The balance sheet shows $15.52B in total assets with $1.99B in long-term debt against $8.58B 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 ~55.8%, suggesting durable pricing power and cost discipline.
ROE is positive at ~9.0% on average, adequate but below the threshold typically associated with wide moats.
7 of the last 8 quarters generated positive FCF. The company generally funds itself but has occasional cash consumption quarters.
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 ~58.2% — no sign of cost or pricing stress.
FCF/Net Income has dropped below 0.7x in 4 quarters — monitor for earnings quality deterioration.
D/E ratio is 0.2 — conservative capital structure with low financial risk.
TTM revenue has contracted 16.5% — significant decline indicating deteriorating demand.
Free cash flow is consistently positive — the business self-funds without external capital reliance.
Shares decreased 2.8% — 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