NWSANasdaqNewspapers: Publishing or Publishing & PrintingFiscal year ends June 30Also trades as NWS, NWSLL
NEWS CORP
Financials through Q4 FY2026, quarter ended Jun 30, 2026
$30.06+0.03 (+0.10%)
Close on Oct 19, 2026
- Market cap
- $16.51B
- P/E (TTM)
- 29.2
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2012 to 2026
Net margin
6.3%+2.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +6.8% | +4.1% | -0.7% | +0.9% | |
| Net income | -51.4% | +56.7% | +11.7% | +12.3% | |
| EPS, diluted | -50.2% | +58.2% | +13.0% | +13.1% | |
| Free cash flow | +42.0% | +23.6% | -0.9% | +2.7% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | -6.6% | 4.2% | 6.6% | |
| Return on assets | -4.9% | 2.1% | 3.7% | |
| Current ratio | 1.56 | 1.38 | 1.62 | |
| Debt to equity | 0.04 | 0.28 | 0.23 | |
| Capex to revenue | 3.1% | 4.2% | 4.7% | |
| Diluted shares | 581M | 593M | 558M |
Where the cash went
Fiscal 2022 to 2026, five years combined
NEWS generated $5.24B from operations and spent $4.28B on capital expenditure, dividends and share buybacks. 48% of that went back into the business.
Generated
$5.24B
Used
$4.28B
Capital expenditure$2.04B48%Dividends$910.00M21%Share buybacks$1.33B31%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin6.3%
×Asset turnover0.58×
×Equity multiplier1.79×
=Return on equity, FY20266.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | 6.3% | 0.58× | 1.79× | 6.6% |
| FY2025 | 14.0% | 0.53× | 1.91× | 14.0% |
| FY2024 | 3.2% | 0.49× | 2.08× | 3.3% |
| FY2023 | 1.9% | 0.47× | 2.10× | 1.8% |
| FY2022 | 6.0% | 0.61× | 2.07× | 7.6% |
| FY2021 | 3.5% | 0.60× | 1.96× | 4.2% |
| FY2020 | -14.1% | 0.60× | 1.79× | -15.2% |
| FY2019 | 1.5% | 0.63× | 1.74× | 1.7% |
| FY2018 | -16.8% | 0.58× | 1.54× | -15.1% |
| FY2017 | -9.1% | 0.54× | 1.34× | -6.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
5of 8 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero$573.00M
- Cash generatingOperating cash flow above zero$1.24B
- Return on assets improvedROA up on the prior year7.1% → 3.7%
- Earnings backed by cashOperating cash flow above net income$1.24B vs $573.00M
- Less leverageLong-term debt to assets fell12.5% → 12.8%
- Better liquidityCurrent ratio rose1.84 → 1.62
- No dilutionShare count did not rise570M → 558M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.51 → 0.58