undamentalytics Newsletter
Sign in

News Corp (Class A) (NWSA) stock

Add to watchlist

Add holding +

OTC: NWSA OTC Publishing Next results ~November 4, 2026

B Fundamentals grade

News Corp (Class A) is a US-listed company in the publishing industry. Its financial year ends in June.

Stock price today

Loading chart…

Third-party market data · may be delayed

Fair value per share

~$24

Cash-flow model

Base case. Range ~$18–$33 across our lower- and higher-growth cases (0.4%–10.4% a year).

Price vs value

Modestly overvalued

The price is inside our value range, 23% above our base value.

Price used: $29.69, November 2, 2026

News Corp (Class A) valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

Value diary

Our note on each quarter News Corp (Class A) files

Where News stands after its latest Filing

Revenue for the twelve months was $9.03bn, up 6.8% on a year earlier, faster than 4.3% a quarter earlier. Free-cash-flow margin rose to 9.0% from 6.8% a year earlier. The diluted share count is down 2.0% on a year earlier, which lifts each remaining share. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 6 of our 6 financial-health checks. Our cash-flow model value is $26.07 a share, against a share price of $30.50. At that price, our model says the market is pricing in about 8.3% a year of cash-flow growth for five years, faster than the -0.7% a year revenue growth it has delivered.

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 4, 2026 (estimated)

News Corp (Class A)'s trailing-twelve-month revenue grew 6.8% year on year, with a free-cash-flow margin of 9.0%. Where it stands out: change in growth rate of +2.5pp ranks 1 of 9 publishing companies we cover. Where it lags: days sales outstanding of 71 days ranks 9 of 9 publishing companies we cover.

Our discounted-cash-flow model values the business at ~$24 per share in the base case (~$18–$33 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 42.0% while net income fell 51.4%: a 93pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Shrinking share count. Diluted shares fell 2.0% in a year, so each share owns more of the business.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.

Things to watch

  • Results due soon. Results are expected around 5 November; the share price can move sharply on the day.
  • Below peers: days sales outstanding. Days sales outstanding of 71 days ranks 9 of 9 publishing companies we cover (median 43 days).

Latest results: FY2026 Q4

Filed August 7, 2026
Earnings per share
$0.35 against an average estimate of $0.23: beat by 51.2%
Revenue
$2.34bn, up 10.8% on a year earlier
Share reaction
+3.8% in the first session after the results on August 5, 2026, against -0.4% for the S&P 500
Next report
November 4, 2026; average EPS estimate $0.26

News Corp (Class A)'s figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+2.0%
  • 1 week-2.9%
  • 1 month+3.5%
  • This year+14.5%
  • 1 year+12.9%
  • 5 years+32.9%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$9B
Net margin
6.3%
EPS (TTM, diluted)
$1.03

Growth

Revenue growth
+6.8%
Change in growth rate
+2.5 pts
Share count change
−2.0%

Cash

Free cash flow (TTM)
$811M
FCF margin
9.0%

Earnings

Last results
August 5, 2026
Next results (est.)
November 5, 2026

News & updates

Updated November 3, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement

    News Corp files daily ASX buyback disclosures

    News Corp (Class A) filed an 8-K on 2 November 2026 to disclose daily share repurchase activity. The company provided the Australian Securities Exchange with details of transactions under its $1 billion buyback program. These disclosures cover purchases of Class A and Class B common stock.

    SEC 8-KRead source ↗
  2. Our research
  3. Announcement

    News Corp files routine ASX buyback disclosures

    News Corp (Class A) filed an 8-K on 29 October 2026 to disclose daily share repurchase activity. The company provided the Australian Securities Exchange with details of transactions under its $1 billion buyback program. These filings satisfy regulatory requirements for reporting Class A and Class B stock purchases.

    SEC 8-KRead source ↗
  4. Announcement

    News Corp files routine ASX buyback disclosures

    News Corp (Class A) filed an 8-K on 28 October 2026 to disclose daily share repurchase activity. The company provided the Australian Securities Exchange with details of transactions under its $1 billion buyback program. These filings satisfy regulatory requirements for reporting Class A and Class B stock purchases.

    SEC 8-KRead source ↗
  5. Announcement

    News Corp files routine ASX buyback disclosures

    News Corp (Class A) filed an 8-K on 28 October 2026 to disclose daily share repurchase activity. The company provided the Australian Securities Exchange with details of transactions under its $1 billion buyback program. These filings satisfy regulatory requirements for reporting Class A and Class B stock purchases.

    SEC 8-KRead source ↗
  6. Announcement

    News Corp files routine ASX buyback disclosures

    News Corp (Class A) filed an 8-K on 26 October 2026 to disclose daily share repurchase activity. The company provided the Australian Securities Exchange with details of transactions under its $1 billion buyback program. These filings satisfy regulatory requirements for Class A and Class B common stock purchases.

    SEC 8-KRead source ↗
  7. Announcement

    News Corp files daily ASX buyback disclosures

    News Corp (Class A) said it filed an 8-K to disclose daily share repurchase activity required by the Australian Securities Exchange. The company noted its existing authorization to buy back up to $1 billion in Class A and Class B common stock. Exhibits 99.1 and 99.2 contain the specific transaction details provided to the ASX.

    SEC 8-KRead source ↗
  8. Announcement

    News Corp files routine ASX buyback disclosures

    News Corp (Class A) filed an 8-K on 22 October 2026 to disclose daily share repurchase activity. The company provided the Australian Securities Exchange with details of transactions under its $1 billion buyback program. These filings satisfy regulatory requirements for reporting Class A and Class B stock purchases.

    SEC 8-KRead source ↗
  9. Results
  10. Announcement

    News Corp files daily ASX buyback disclosures

    News Corp (Class A) said it filed an 8-K to disclose daily share repurchase activity required by the Australian Securities Exchange. The company noted its existing authorization to buy back up to $1 billion in Class A and Class B common stock. Exhibits 99.1 and 99.2 contain the specific transaction details provided to the ASX.

    SEC 8-KRead source ↗
  11. Announcement

    News Corp files routine ASX buyback disclosures

    News Corp (Class A) filed an 8-K on 20 October 2026 to disclose daily share repurchase activity. The company provided the Australian Securities Exchange with details of transactions under its $1 billion buyback program. These filings satisfy regulatory requirements for Class A and Class B common stock purchases.

    SEC 8-KRead source ↗
  12. Announcement

    News Corp files routine ASX buyback disclosures

    News Corp (Class A) filed an 8-K on 19 October 2026 to disclose daily share repurchase activity. The company provided the Australian Securities Exchange with details of transactions under its $1 billion buyback program. These filings satisfy regulatory requirements for Class A and Class B common stock purchases.

    SEC 8-KRead source ↗
  13. Announcement

    News Corp files routine ASX buyback disclosures

    News Corp (Class A) filed an 8-K on 19 October 2026 to disclose daily share repurchase activity. The company provided the Australian Securities Exchange with details of transactions under its $1 billion buyback program. These filings satisfy regulatory requirements for Class A and Class B common stock purchases.

    SEC 8-KRead source ↗
  14. Announcement

    News Corp files daily ASX buyback disclosures

    News Corp (Class A) filed an 8-K on 15 October 2026 to disclose daily share repurchase activity. The company provided the Australian Securities Exchange with details of transactions under its $1 billion buyback program. These disclosures cover purchases of Class A and Class B common stock.

    SEC 8-KRead source ↗
  15. Announcement

    News Corp files daily ASX buyback disclosures

    News Corp (Class A) said it filed an 8-K to disclose daily share repurchase activity required by the Australian Securities Exchange. The company noted its existing authorization to buy back up to $1 billion in Class A and Class B common stock. Exhibits 99.1 and 99.2 contain the specific transaction details provided to the ASX.

    SEC 8-KRead source ↗
  16. Announcement

    News Corp files daily ASX buyback disclosures

    News Corp (Class A) said it filed an 8-K to disclose daily share repurchase activity required by the Australian Securities Exchange. The company noted its existing authorization to buy up to $1 billion in Class A and Class B common stock. Exhibits 99.1 and 99.2 contain the specific transaction details provided to the ASX.

    SEC 8-KRead source ↗
  17. Announcement

    News Corp files ASX buyback disclosures

    News Corp (Class A) filed an 8-K on 13 October 2026 to disclose daily share repurchase activity. The company provided four exhibits containing information submitted to the Australian Securities Exchange. These disclosures relate to its existing program to buy back up to $1 billion in Class A and Class B shares.

    SEC 8-KRead source ↗
  18. Leadership

    Sean Giancola to leave New York Post Media Group

    News Corp (Class A) said Sean Giancola is stepping down as publisher and chief executive of New York Post Media Group. He joined the company in 2015 and served in the role for seven years. A search for a successor is underway, and Giancola will remain until early next year to assist with the transition.

    Company releaseRead source ↗
  19. Insider trade
  20. Results
  21. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

News Corp (Class A) valuation models and calculator

What the price is pricing in

The share price implies about 8.4% a year of cash-flow growth for five years.That is faster than the -0.7% a year revenue growth News Corp (Class A) has delivered.

  • Priced in8.4%
  • Last 12 months6.8%
  • 3 years a year4.1%
  • 5 years a year-0.7%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($29.35, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Hold12-month view
12-month price target
~$24
Price used
$29.35close November 3, 2026
Implied change
▼ 18%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of News Corp (Class A)'s free cash flow after stock-based pay with after-tax interest added back ($703M, FY2026 Q4 TTM), growing 4.7% and 4.9% in the next two years (forecasts, guidance and its record), then back to 5.4% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$18–~$33 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of News Corp (Class A)'s free cash flow after stock-based pay ( $703M, FY2026 Q4 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value News Corp (Class A) as an operating company, with every model that fits that kind of business. Cost of equity 8.6%: the 10-year Treasury yield (4.9%) plus a beta of 0.81 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$24 ~$18–$33 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. — Does not apply: fewer than 5 peers with a usable multiple
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$12 ~$8.2–$18 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$10 ~$8.6–$12 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$18 ~$10–$24 3 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare News Corp (Class A) with Publishing in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −26%
  • Revenue growth 5 points higher ▲ +34%
  • Free-cash-flow margin 1 point lower ▼ −12%
  • Last year's free-cash-flow margin change, if it persists ▲ +35%
  • Discount rate 1 point higher ▼ −15%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $17$24$33$44$59$79
8.5% $13$18$24$32$43$57
10% $10$14$19$25$33$44

Valuation multiples over time Market data may be delayed

At fiscal year end 20162017201820192020202120222023202420252026
Share price$10.06$12.33$14.15$12.51$11.18$24.55$14.98$18.98$27.07$29.40$24.75
Market value$5.9bn$7.2bn$8.2bn$7.4bn$6.6bn$14.6bn$8.9bn$11.0bn$15.5bn$16.8bn$13.8bn
+ Net debt (− = net cash)−$1.5bn−$1.6bn−$82m−$190m−$258m$77m$1.2bn$1.2bn$230m−$441m−$106m
Enterprise value$4.4bn$5.5bn$8.2bn$7.2bn$6.3bn$14.6bn$10.1bn$12.2bn$15.8bn$16.3bn$13.7bn
Multiples
Price / sales 0.7x0.9x0.9x0.7x0.7x1.6x0.9x1.4x1.9x2.0x1.5x
Price / earnings 32.7x——47.4x—44.1x14.2x73.7x58.4x14.2x24.1x
Price / free cash flow 9.4x30.1x21.0x20.7x19.2x17.2x10.4x14.7x20.9x29.3x17.0x
EV / EBITDA ———————————

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

25 /100

Weak moat

How hard News Corp (Class A)'s competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median 1.3% of total assets over 10 years.

  • Durability 0 / 20

    Net margin has been a median 2.5%; its worst year was -16.8%.

  • Cash conversion 14 / 20

    Free cash flow was positive in 10 of 10 years, at a median 7.5% of revenue.

  • Discipline 19 / 20

    The diluted share count fell 5.9% over five years; stock-based pay has been a median 0.6% of revenue.

AI disruption exposure: High. In this industry, the core product is information work that AI systems increasingly perform. The score above includes a 15-point deduction for that exposure (40 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 4, 2026, after the close. Analysts expect revenue of $2.3bn and EPS of $0.26 (range $0.24 to $0.27) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $1.32 +12% $9.4bn +4%
Next $1.51 +15% $9.7bn +3%

Next year's EPS estimate has moved +3.7% in 90 days, across 5 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +2.2% on 90 days ago. In the last 30 days, 2 analysts raised News Corp (Class A)'s forecast and 2 cut it.

Consensus EPS forecast News Corp (Class A), last 90 days
$1.20 $1.30 $1.40 $1.50 $1.60 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $1.29 Current fiscal year, 60 days ago: $1.29 Current fiscal year, 30 days ago: $1.32 Current fiscal year, 7 days ago: $1.32 Current fiscal year, Now: $1.32 $1.32 Next fiscal year, 90 days ago: $1.46 Next fiscal year, 60 days ago: $1.47 Next fiscal year, 30 days ago: $1.47 Next fiscal year, 7 days ago: $1.50 Next fiscal year, Now: $1.51 $1.51

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $1.29$1.46
60 days ago $1.29$1.47
30 days ago $1.32$1.47
7 days ago $1.32$1.50
Now $1.32$1.51

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.23 $0.35 +51.2%
Mar 2026 $0.20 $0.21 +5.5%
Dec 2025 $0.37 $0.40 +6.9%
Sept 2025 $0.19 $0.22 +16.8%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 5, 2026

No numeric guidance in News Corp (Class A)'s latest earnings release (filed August 5, 2026). Some companies give their outlook only on the earnings call.

How our valuation uses these forecasts

Our cash-flow model grows News Corp (Class A)'s revenue by +4.7% next year and +4.9% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+4.2%, weight 64%) and the company's own record (+5.4%, weight 36%) . How the weights are set.

Analyst recommendations

9 analysts, Oct 2026
Buy889%
Hold111%
Sell00%

Monthly trend

  1. Oct 20263519
  2. Sep 20262518
  3. Aug 20262518

Counts of recommendations published by analysts covering News Corp (Class A), by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
3.1%
of tradable shares
Days to cover
2.59
at average volume
Short interest, 1 month
−7%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
0.0%
of shares
Employees
21,700
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +12.9%

$26.30 on October 31, 2025 to $29.69

ThenNowEffect
Revenue (last 12 months) $8.5bn $9.0bn +6.8%
Net margin 14.0% 6.3% −54.5%
P/E multiple 12.7x 28.9x +127.8%
Share count 570m 558m +2.1%

Biggest factor: p/e multiple.

Last 3 years +38.4%

$21.45 on November 3, 2023 to $29.69

ThenNowEffect
Revenue (last 12 months) $8.0bn $9.0bn +12.7%
Net margin 1.9% 6.3% +241.3%
P/E multiple 83.3x 28.9x −65.3%
Share count 579m 558m +3.7%

Biggest factor: net margin.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
NWSA+25%−18%+36%+13%−5%+15%
Industry peers (median)+16%−39%+5%+42%−6%+20%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
NWSA58%33%83%67%58%64%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
NWSA−24%−36%−27%−11%−21%−17%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 51% from January 19, 2018 to April 3, 2020. Getting back needed a 103% gain, reached on November 11, 2020, 222 days after the low.

Price behaviour

52-week range
$22.23 – $31.09
From 52-week high
−4.5%
vs 50-day average
−0.2%
vs 200-day average
+10.7%
Volatility (1 year)
26%
Beta vs S&P 500
0.18

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
8 up, 4 down
typical move ±3.2%
After a week
8 up, 4 down
typical move ±3.3%
After a month
7 up, 5 down
typical move ±3.9%
Results releasedNext dayS&P 500 next day5 days21 days
August 5, 2026 +3.8% −0.4% +0.3% +8.3%
May 7, 2026 +3.1% +0.5% +0.2% +3.3%
February 5, 2026 −8.9% +0.6% −9.3% −0.6%
November 6, 2025 +4.2% −1.0% +2.5% +0.4%
August 5, 2025 −0.3% +0.3% −2.3% −0.7%
May 8, 2025 −0.4% +0.6% −0.1% −1.5%
February 14, 2025 +2.4% +0.3% −3.6% −8.8%
February 5, 2025 −0.1% +0.8% +2.9% −2.0%
November 7, 2024 +2.0% +1.2% +0.6% +1.5%
August 8, 2024 +6.5% +2.8% +5.9% +2.2%
May 8, 2024 +1.5% +0.6% +6.4% +11.3%
February 7, 2024 +4.7% +0.9% +5.4% +6.7%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How News Corp (Class A)’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: fundamentals grade B (needs B+ or better).

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: no liquid put and call pair for the same expiry.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

News Corp (Class A) in five measures

Fundamentals grade B
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) News Corp (Class A)
$6B $7B $8B $9B $10B FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 Revenue (TTM), FY24 Q1: $7.6B Revenue (TTM), FY24 Q2: $7.2B Revenue (TTM), FY24 Q3: $6.7B Revenue (TTM), FY24 Q4: $8.3B Revenue (TTM), FY25 Q1: $8.3B Revenue (TTM), FY25 Q2: $8.4B Revenue (TTM), FY25 Q3: $8.4B Revenue (TTM), FY25 Q4: $8.5B Revenue (TTM), FY26 Q1: $8.5B Revenue (TTM), FY26 Q2: $8.6B Revenue (TTM), FY26 Q3: $8.8B Revenue (TTM), FY26 Q4: $9B $9B

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue (TTM)
FY24 Q1 $7.6B
FY24 Q2 $7.2B
FY24 Q3 $6.7B
FY24 Q4 $8.3B
FY25 Q1 $8.3B
FY25 Q2 $8.4B
FY25 Q3 $8.4B
FY25 Q4 $8.5B
FY26 Q1 $8.5B
FY26 Q2 $8.6B
FY26 Q3 $8.8B
FY26 Q4 $9B
Revenue growth, TTM YoY News Corp (Class A)
-40% -20% 0% 20% 40% FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 Revenue growth, TTM YoY, FY24 Q1: -27.0% Revenue growth, TTM YoY, FY24 Q2: -29.4% Revenue growth, TTM YoY, FY24 Q3: -33.5% Revenue growth, TTM YoY, FY24 Q4: 3.0% Revenue growth, TTM YoY, FY25 Q1: 9.9% Revenue growth, TTM YoY, FY25 Q2: 17.3% Revenue growth, TTM YoY, FY25 Q3: 25.4% Revenue growth, TTM YoY, FY25 Q4: 2.4% Revenue growth, TTM YoY, FY26 Q1: 2.2% Revenue growth, TTM YoY, FY26 Q2: 2.4% Revenue growth, TTM YoY, FY26 Q3: 4.3% Revenue growth, TTM YoY, FY26 Q4: 6.8% 6.8%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue growth, TTM YoY
FY24 Q1 -27.0%
FY24 Q2 -29.4%
FY24 Q3 -33.5%
FY24 Q4 3.0%
FY25 Q1 9.9%
FY25 Q2 17.3%
FY25 Q3 25.4%
FY25 Q4 2.4%
FY26 Q1 2.2%
FY26 Q2 2.4%
FY26 Q3 4.3%
FY26 Q4 6.8%
FCF margin (TTM) News Corp (Class A)
5% 10% 15% 20% FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 FCF margin (TTM), FY24 Q1: 9.3% FCF margin (TTM), FY24 Q2: 13.3% FCF margin (TTM), FY24 Q3: 15.2% FCF margin (TTM), FY24 Q4: 9.0% FCF margin (TTM), FY25 Q1: 10.9% FCF margin (TTM), FY25 Q2: 8.4% FCF margin (TTM), FY25 Q3: 8.1% FCF margin (TTM), FY25 Q4: 6.8% FCF margin (TTM), FY26 Q1: 6.9% FCF margin (TTM), FY26 Q2: 6.8% FCF margin (TTM), FY26 Q3: 6.4% FCF margin (TTM), FY26 Q4: 9.0% 9.0%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period FCF margin (TTM)
FY24 Q1 9.3%
FY24 Q2 13.3%
FY24 Q3 15.2%
FY24 Q4 9.0%
FY25 Q1 10.9%
FY25 Q2 8.4%
FY25 Q3 8.1%
FY25 Q4 6.8%
FY26 Q1 6.9%
FY26 Q2 6.8%
FY26 Q3 6.4%
FY26 Q4 9.0%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2012 Jun 2012 2013 Jun 2013 2014 Jun 2014 2015 Jun 2015 2016 Jun 2016 2017 Jun 2017 2018 Jun 2018 2019 Jun 2019 2020 Jun 2020 2021 Jun 2021 2022 Jun 2022 2023 Jun 2023 2024 Jun 2024 2025 Jun 2025 2026 Jun 2026
Income
Revenue 8.7 8.9 8.5 8.5 8.3 8.1 9.0 10.1 9.0 9.4 10.4 8.0 8.3 8.5 9.0
Net income −2.1 0.5 0.2 −0.1 0.2 −0.7 −1.5 0.2 −1.3 0.3 0.6 0.1 0.3 1.2 0.6
Diluted EPS −$3.58 $0.87 $0.41 −$0.26 $0.30 −$1.27 −$2.60 $0.26 −$2.16 $0.56 $1.05 $0.26 $0.46 $2.07 $1.03
Growth (year on year)
Revenue — +2.7% −4.6% +0.4% −2.7% −1.8% +10.9% +11.6% −10.6% +3.9% +11.0% −22.9% +3.0% +2.4% +6.8%
Net income — — −52.8% −161.5% — −512.3% — — — — +88.8% −76.1% — +343.6% −51.4%
Diluted EPS — — −52.9% −163.4% — −523.3% — — — — +87.5% −75.2% — +350.0% −50.2%
Margins
Net margin −24.0% 5.7% 2.8% −1.7% 2.2% −9.1% −16.8% 1.5% −14.1% 3.5% 6.0% 1.9% 3.2% 14.0% 6.3%
Free-cash-flow margin 5.5% 1.9% 7.9% 6.1% 7.5% 2.9% 4.4% 3.5% 3.8% 9.1% 8.2% 9.3% 9.0% 6.8% 9.0%
Cash flow
Cash from operations 0.9 0.5 1.0 0.8 0.9 0.5 0.8 0.9 0.8 1.2 1.4 1.1 1.1 1.0 1.2
Capital spending 0.4 0.3 0.4 0.3 0.3 0.3 0.4 0.6 0.4 0.4 0.5 0.3 0.4 0.4 0.4
Free cash flow 0.5 0.2 0.7 0.5 0.6 0.2 0.4 0.4 0.3 0.8 0.9 0.7 0.7 0.6 0.8
Stock-based pay 0.0 0.0 0.0 0.1 0.1 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1
Free cash flow after stock pay 0.4 0.1 0.6 0.5 0.6 0.2 0.3 0.3 0.3 0.7 0.8 0.7 0.7 0.5 0.7
Balance sheet
Cash 1.1 2.4 3.1 2.0 1.8 2.0 2.0 1.6 1.5 2.2 1.8 1.8 1.9 2.4 2.1
Total debt 0.0 0.0 0.0 0.0 0.4 0.4 2.0 1.5 1.3 2.3 3.1 3.0 2.1 2.0 2.0
Net debt (negative = net cash) −1.1 −2.4 −3.1 −2.0 −1.5 −1.6 −0.1 −0.2 −0.3 0.1 1.2 1.2 0.2 −0.4 −0.1
Diluted shares 579m 579m 580m 583m 583m 581m 583m 588m 588m 593m 593m 579m 574m 570m 558m
Returned to shareholders
Dividends 0.0 0.0 0.0 0.0 0.1 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2
Buybacks — 0.0 0.0 0.0 0.0 0.0 0.0 — 0.0 0.0 0.2 0.2 0.1 0.2 0.6
Total returned 0.0 0.0 0.0 0.1 0.2 0.2 0.2 0.2 0.2 0.2 0.4 0.4 0.3 0.3 0.8

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

6 of 6 checks passed · June 30, 2026
What it owns · $15.5bn
Short-term assets $4.5bnLonger-term assets $11.1bn
What it owes, and who funded it · $11.3bn
Short-term liabilities $2.8bnShareholders' equity $8.5bn
  • Short-term assets cover short-term liabilities $4.5bn of assets due within a year against $2.8bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt $2.1bn of cash against $2.0bn of debt.
  • Debt below 40% of shareholders' equity Debt is 23% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 23% to 23% over five years.
  • A year's operating cash flow covers at least 20% of debt $1.2bn of operating cash flow against $2.0bn of debt.
  • Operating profit covers interest at least five times over No material interest expense reported.

From News Corp (Class A)'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q4 TTM
Buybacks (TTM)
$641M
Dividends (TTM)
$204M
Returned to shareholders
104%
of free cash flow
Buybacks, last 3 fiscal years
$908M
Diluted share count
−2.0%
year over year
Total shareholder yield
5.2%
dividends 1.3% + buybacks 3.9% of market value
Dividend payout ratio
36%
of net income paid out
Sales & admin spending
38.9%
of revenue
Days sales outstanding
71 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in publishing
Last 12 months unless stated NWSA NYT TDAY WLY SCHL LEE Median
Revenue, last 12 months $9.0bn $3.0bn $2.2bn $1.7bn $1.6bn $517m $1.6bn
Revenue growth, last 12 months 6.8% 10.8% −6.7% −0.3% −2.5% −11.1% −2.5%
Revenue growth, 3-year average 4.1% 8.0% −7.2% −5.6% −2.0% −10.5% −3.8%
Revenue growth, latest quarter 10.8% 11.2% −8.3% −2.6% −3.9% −10.8% −3.3%
Gross margin — 73.4% 39.5% 74.6% 56.5% — 58.3%
Operating margin — 16.0% 0.7% 14.9% 1.0% 4.0% 4.0%
Operating margin, 3-year average — 14.4% 0.3% 11.2% 1.1% 2.0% 6.0%
Net margin 6.3% 13.2% −1.8% 11.9% 3.6% −1.8% 3.6%
Cash from operations / revenue 13.7% 22.1% 5.1% 17.4% 2.4% −0.0% 5.1%
Free-cash-flow margin 9.0% 20.9% 2.8% 14.4% −0.9% −0.1% 2.8%
Free-cash-flow margin, 3-year average 8.2% 17.3% 2.2% 10.1% 2.4% −0.8% 7.9%
Stock pay / revenue 0.5% 2.6% 0.4% 1.2% 0.6% 0.2% 0.5%
Change in share count −2.0% −0.6% 19.8% −4.2% −15.7% 99.6% 0.1%

Median of all 9 companies we cover in publishing. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

9 publishing companies
Measure Company Peer median Rank
Revenue growth Growth 6.8% -2.5% 3 of 9
Change in growth rate Growth +2.5pp +0.1pp 1 of 9
Net margin Profitability 6.3% 3.6% 4 of 9
Free-cash-flow margin Cash generation 9.0% 2.8% 4 of 9
Long-term debt as % of assets Balance sheet 12.8% 12.8% 4 of 7
Change in share count Balance sheet -2.0% 0.0% 3 of 8
Days sales outstanding Balance sheet 71 days 43 days 9 of 9

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to June 30, 2026
Segments
Line of business Revenue Share YoY
Dow Jones $2.5B 27.7% ▲ 7.1%
Book Publishing $2.3B 25.3% ▲ 6.5%
News and Information Services $2.2B 24.7% ▲ 2.6%
Digital Real Estate Services $2B 22.3% ▲ 11.9%
All Other Segments $0 0.0% —
Products and services
Line of business Revenue Share YoY
Circulation and Subscription $3.2B 35.5% ▲ 6.4%
Consumer $2.2B 24.2% ▲ 6.7%
Real Estate $1.6B 17.4% ▲ 11.4%
Advertising $1.4B 15.4% ▲ 1.8%
Other Product Or Service $678M 7.5% ▲ 9.5%
Geography
Region Revenue YoY
United States and Canada $4.4B ▲ 6.0%
United States $4.2B ▲ 5.0%
Australasia and Other $2.8B ▲ 8.0%
Australia $2.4B ▲ 9.1%
Europe $1.8B ▲ 7.0%
United Kingdom $1.3B ▲ 8.3%

These categories overlap or exclude eliminations, so shares aren't shown.

From News Corp (Class A)'s 10-K filed August 7, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$9.4B
Institutions reporting
632
Shares held vs prior quarter
▼ 3.3%
Positions opened / closed
90 / 43

Top buyers and sellers, Q2 2026: 335 institutions bought and 232 sold ; the biggest buyer was AQR Capital Management LLC (+3.3M shares) and the biggest seller Barclays PLC (−11.5M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Independent Franchise Partners LLP $796M 32.1M 8.5% ▲ 3.7%
Blackrock, Inc. $771M 31.1M 8.2% ▲ 3.9%
State Street Corp $751M 30.3M 8.0% ▼ 22.0%
Vanguard Capital Management LLC $638M 25.7M 6.8% ▼ 1.6%
Vanguard Portfolio Management LLC $439M 17.7M 4.7% ▲ 5.2%
59 North Capital Management, LP $329M 13.2M 3.5% ▲ 6.3%
Dodge & Cox $311M 12.5M 3.3% ▲ 2.3%
Price T Rowe Associates Inc $271M 10.9M 2.9% ▼ 18.8%
Geode Capital Management, LLC $266M 10.7M 2.8% ▲ 0.4%
Metropolis Capital Ltd $229M 9.2M 2.4% ▲ 4.0%
AQR Capital Management LLC $225M 9.1M 2.4% ▲ 57.0%
State Of Wisconsin Investment Board $190M 7.6M 2.0% ▲ 0.7%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not News Corp (Class A)'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $3.2M 5 trades by 5 insiders · 0% under pre-set plans
Net ▼ $3.2M net selling
Insider Date Trade Shares Price Value
Chandrashekar Lavanya Chief Financial Officer August 17, 2026 Sell 17,785 $28.66 $509,807
Pitofsky David B General Counsel August 17, 2026 Sell 51,423 $28.76 $1.5M
Allen Ruth Chief Human Resources Officer August 17, 2026 Sell 21,521 $28.99 $623,930
Delany Julian Chief Technology Officer August 17, 2026 Sell 1,747 $28.72 $50,174
Degrazio Marygrace Chief Accounting Officer August 17, 2026 Sell 18,303 $28.76 $526,394

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 7 trades and filings

In the last 12 months, 1 member of Congress disclosed 1 purchase and 0 sales of News Corp (Class A) shares.

  • Gilbert Ray Cisneros, Jr.(D-CA 31):Purchase, $1,001 - $15,000, traded April 14, 2026, filed May 8, 2026
  • Gilbert Ray Cisneros, Jr.(D-CA 39):Sale (full), $1,001 - $15,000, traded April 29, 2020, filed May 13, 2020
  • Gilbert Ray Cisneros, Jr.(D-CA 39):Sale (full), $1,001 - $15,000, traded April 29, 2020, filed May 13, 2020

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around November 5, 2026 estimated from the company's past filing pattern, not announced

  • August 5, 2026
  • May 7, 2026
  • February 5, 2026
  • November 6, 2025
  • August 5, 2025
  • May 8, 2025

Recent SEC filings

Data status

When each part of this page on News Corp (Class A) was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

News Corp (Class A) in brief

What does News Corp (Class A) do?
News Corp (Class A) is a US-listed company in the publishing industry. Its financial year ends in June.
What is News Corp (Class A)'s stock ticker?
News Corp (Class A) trades under the ticker NWSA on OTC. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is News Corp (Class A)'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, News Corp (Class A) reported revenue of $9B, 6.8% higher than a year earlier, according to its SEC filings.
What is News Corp (Class A)'s free cash flow?
News Corp (Class A)'s free-cash-flow margin is 9.0% of revenue over the trailing twelve months, ranking 4 of the 9 publishing companies we cover.
What is News Corp (Class A)'s fair value (intrinsic value) per share?
Our discounted-cash-flow model of News Corp (Class A)'s free cash flow after stock-based pay gives ~$24 per share in the base case, and ~$18–$33 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are News Corp (Class A)'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Independent Franchise Partners LLP, Blackrock, Inc. and State Street Corp. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is News Corp (Class A) buying back stock, and does it pay a dividend?
News Corp (Class A) spent $641M on share repurchases over the trailing twelve months, and its diluted share count fell 2.0% over the year.
What is News Corp (Class A)'s market cap?
On June 30, 2026, News Corp (Class A)'s market capitalisation was about $13.8B, with a price-to-earnings ratio of 24.1 and net debt of -$106M. Market figures come from third-party market data and may be delayed.
Does News Corp (Class A) pay a dividend?
Yes: News Corp (Class A) paid $204M in dividends over the trailing twelve months, a dividend yield of 1.25% and a payout ratio of 35.6%.
How much debt does News Corp (Class A) have?
News Corp (Class A)'s debt-to-equity ratio is 23.3%, from its latest balance sheet (23.5% five years earlier). The financial health section below sets out its other solvency checks.
Who are News Corp (Class A)'s competitors?
In our Publishing peer group, the companies closest to News Corp (Class A) are NEW York Times Co, USA Today Co., Inc., John Wiley & Sons, Inc., Scholastic Corp and LEE Enterprises, Inc. The side-by-side comparison below sets their revenue, margins and growth against News Corp (Class A)'s.
Are insiders buying or selling News Corp (Class A) stock?
Over the last 12 months, News Corp (Class A)'s directors and officers reported 0 open-market purchases and 5 sales on Form 4. The insider trading page charts every trade.
When is News Corp (Class A)'s next earnings date?
Around November 4, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — News Corp (Class A) announces its own schedule.