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Financial Analysis

Filing-based analysis. Market pricing is not included. Fundamentals from SEC filings; economic data from FRED and the BLS. About our data

Fundamentals

NEWS CORP NWS

· Communication · Newspapers: Publishing or Publishing & Printing

FY2026 10-K, filed 2026-08-07
SEC EDGAR

Filing evidence summary

Constructive evidenceCoverage 3/5 core metrics

8 filing-based checks were evaluable.

Backward-looking filed evidence under visible rules - not a rating, forecast or investment advice. Missing data is never scored.

Evidence signals

  • No current rule-based risk flags

    8 filing-based checks were evaluable.

    Why this surfaced

    The full financial analysis shows each value, threshold, and sector limitation.

  • Revenue expanded

    Latest reported annual revenue changed +6.8% from the prior reported annual observation.

    Why this surfaced

    Direction threshold: above +2% constructive; below -2% caution; otherwise monitor. This is not labeled one-year growth when filing periods have a gap. Period end 2026-06-30.

  • Free cash flow was positive

    Latest reported free cash flow was $811M.

    Why this surfaced

    Free cash flow = operating cash flow minus capital expenditures; positive is supporting evidence, not a valuation conclusion. Period end 2026-06-30.

Core trend metrics

Latest annual revenue growth
+6.8%
as of 2026-06-30
Free cash flow
$811M
as of 2026-06-30
Debt / equity
0.23x
as of 2026-06-30

Hover a tile for its exact definition; the Statements tab carries per-cell filing citations.

Where to look next

Risk checks

0of 8 rule-based checks flagged

Financial movement

  • Cash→ flat
  • Long-term debt→ flat
  • Inventory→ flat
  • Receivables→ flat
  • Current assets→ flat

Source & freshness

Source
SEC EDGAR XBRL
Fetched
2026-09-13
Latest period end
2026-06-30
Filings
EDGAR ↗

Reported segment mix

figures as filed · share of the filed sum · change vs the prior period in the same filing
Fiscal year ending 2026-06-3010-K filed 2026-08-07prior period 2025-06-30 from the same filingView filing
By business segment
Revenue
  • Dow Jones Segment$2.5B
    27.7%
    +7.1% yoy
  • Book Publishing Segment$2.29B
    25.3%
    +6.5% yoy
  • News And Information Services Segment$2.23B
    24.7%
    +2.6% yoy
  • Digital Real Estate Services Segment$2.02B
    22.3%
    +11.9% yoy
  • All Other Segments$0
    0.0%
    no prior

Members sum to the consolidated $9.03B for this period.

By product or service
Revenue
  • Circulation And Subscription$3.2B
    35.5%
    +6.4% yoy
  • Consumer$2.19B
    24.2%
    +6.7% yoy
  • Real Estate$1.57B
    17.4%
    +11.4% yoy
  • Advertising$1.39B
    15.4%
    +1.8% yoy
  • Other Product Or Service$678M
    7.5%
    +9.5% yoy

Members sum to the consolidated $9.03B for this period.

By geography
Revenue
  • United States And Canada$4.37B
    share n/a
    +6.0% yoy
  • United States$4.2B
    share n/a
    +5.0% yoy
  • Australasia And Other$2.83B
    share n/a
    +8.0% yoy
  • Australia$2.4B
    share n/a
    +9.1% yoy
  • Europe$1.83B
    share n/a
    +7.0% yoy
  • United Kingdom$1.3B
    share n/a
    +8.3% yoy

member sum exceeds the consolidated figure: this axis carries more than one breakdown, so shares are not computed.

Latest quarter
Quarter ending 2026-03-3110-Q filed 2026-05-08prior period 2025-03-31 from the same filingView filing
  • Dow Jones Segment$619M
    28.3%
    +7.7% yoy
  • Book Publishing Segment$555M
    25.4%
    +8.0% yoy
  • News And Information Services Segment$538M
    24.6%
    +4.7% yoy
  • Digital Real Estate Services Segment$473M
    21.6%
    +16.5% yoy
  • Other Services$0
    0.0%
    no prior
  • All Other Segments$0
    0.0%
    no prior

Change is against the same quarter a year earlier, as reported in the same 10-Q.

Source: SEC DERA Financial Statement and Notes data sets. Dimensional XBRL facts on the business-segment, product/service and geographic axes; the engine keeps the accession of every figure. Descriptive and educational, not advice.

Peer percentiles

latest fiscal year ending 2026-06-30 · among 4,090 US-listed filers · 127 in Communication
MetricValuevs all filersvs sector
Revenue
latest fiscal-year revenue as filed
$9.0B
87thof 3,266
top third
90thof 122
top third
Revenue growth
latest fiscal-year revenue vs the prior fiscal year
6.8%
52ndof 3,105
middle third
58thof 117
middle third
Net margin
net income ÷ revenue
6.3%
62ndof 3,230
middle third
74thof 120
top third
Free-cash-flow margin
(operating cash flow − |capex|) ÷ revenue
9.0%
64thof 2,659
middle third
65thof 103
middle third
Return on equity
net income ÷ stockholders' equity (positive equity only)
6.7%
56thof 3,538
middle third
62ndof 99
middle third
Days sales outstanding
receivables ÷ revenue × 365 · lower is ranked higher
71 days
26thof 2,384
bottom third
20thof 106
bottom third
Net debt ÷ operating cash flow
net debt ÷ operating cash flow (OCF > 0) · lower is ranked higher
-0.1×
80thof 1,535
top third
93rdof 62
top third
Cash conversion
operating cash flow ÷ net income (net income > 0)
2.2×
70thof 2,253
top third
44thof 58
middle third
Cash-flow accrual ratio
(net income − operating cash flow) ÷ average total assets · lower is ranked higher
-4.3%
47thof 3,875
middle third
26thof 117
bottom third

Each filer's latest fiscal year as stored by the nightly crawl; fiscal year ends differ across the universe. A metric ranks only filers for which it is computable from filed facts. Ties split; a rank reads "better than N% of filers" in the metric's own direction. Descriptive and educational, not a rating.

Earnings quality

latest fiscal year ending 2026-06-30 · accruals and cash conversion as filed
Cash conversion
2.16×
operating cash flow ÷ net income, latest fiscal year
Cash-flow accrual ratio
-4.3%
(net income − operating cash flow) ÷ average total assets
Balance-sheet accrual ratio
-
change in net operating assets ÷ average net operating assets
Cash-backed years
3 of 4
fiscal years where operating cash flow met or exceeded net income
Mean cash conversion
2.89×
across the stored fiscal years with positive net income

Per fiscal year from filed facts: cash conversion = operating cash flow / net income (net income > 0); cash-flow accrual ratio = (net income - operating cash flow) / average total assets; balance-sheet accrual ratio = change in net operating assets / average net operating assets, NOA = (assets - cash) - (liabilities - debt). Descriptive; a missing input yields a missing ratio. High accrual ratios and cash conversion well below one are the measures the accruals literature associates with less persistent earnings; they are screens to read the cash-flow statement with, not conclusions. The per-year series is part of Pro risk analysis.

Point-in-time ledger

first-reported vs latest filing · periods since 2020-01-01 · 27 changed periods
Line itemPeriodFirst reportedLatest filingChangeFilings
Debt issued
ProceedsFromIssuanceOfLongTermDebt
fiscal year 2023-06-30$514M
10-K 2023-08-15
$0
10-K 2025-08-06
-100.0%first · latest · 3 filings carry it
Debt issued
ProceedsFromIssuanceOfLongTermDebt
fiscal year 2024-06-30$1.27B
10-K 2024-08-13
$278M
10-K 2026-08-07
-78.1%first · latest · 3 filings carry it
Debt issued
ProceedsFromIssuanceOfLongTermDebt
quarter 2024-09-30$153M
10-Q 2024-11-08
$56M
10-Q 2025-11-07
-63.4%first · latest
Depreciation and amortization
DepreciationAndAmortization
fiscal year 2023-06-30$714M
10-K 2023-08-15
$415M
10-K 2025-08-06
-41.9%first · latest · 3 filings carry it
Depreciation and amortization
DepreciationAndAmortization
quarter 2024-09-30$189M
10-Q 2024-11-08
$112M
10-Q 2025-11-07
-40.7%first · latest
Depreciation and amortization
DepreciationAndAmortization
quarter 2024-03-31$192M
10-Q 2024-05-09
$114M
10-Q 2025-05-09
-40.6%first · latest
Depreciation and amortization
DepreciationAndAmortization
fiscal year 2024-06-30$734M
10-K 2024-08-13
$440M
10-K 2026-08-07
-40.0%first · latest · 3 filings carry it
Depreciation and amortization
DepreciationAndAmortization
quarter 2023-12-31$179M
10-Q 2024-02-08
$110M
10-Q 2025-02-06
-38.5%first · latest
Capital expenditure
PaymentsToAcquirePropertyPlantAndEquipment
fiscal year 2023-06-30$499M
10-K 2023-08-15
$347M
10-K 2025-08-06
-30.5%first · latest · 3 filings carry it
Capital expenditure
PaymentsToAcquirePropertyPlantAndEquipment
fiscal year 2024-06-30$496M
10-K 2024-08-13
$357M
10-K 2026-08-07
-28.0%first · latest · 3 filings carry it
Long-term debt
LongTermDebt
balance at 2024-06-30$2.91B
10-K 2024-08-13
$2.1B
10-K 2025-08-06
-27.7%first · latest · 5 filings carry it
Capital expenditure
PaymentsToAcquirePropertyPlantAndEquipment
quarter 2024-09-30$95M
10-Q 2024-11-08
$75M
10-Q 2025-11-07
-21.1%first · latest
Revenue
RevenueFromContractWithCustomerExcludingAssessedTax
fiscal year 2023-06-30$9.88B
10-K 2023-08-15
$8.01B
10-K 2025-08-06
-18.9%first · latest · 3 filings carry it
Revenue
RevenueFromContractWithCustomerExcludingAssessedTax
quarter 2024-09-30$2.58B
10-Q 2024-11-08
$2.1B
10-Q 2025-11-07
-18.7%first · latest
Revenue
RevenueFromContractWithCustomerExcludingAssessedTax
fiscal year 2024-06-30$10.1B
10-K 2024-08-13
$8.25B
10-K 2026-08-07
-18.2%first · latest · 3 filings carry it
Revenue
RevenueFromContractWithCustomerExcludingAssessedTax
quarter 2024-03-31$2.42B
10-Q 2024-05-09
$1.99B
10-Q 2025-05-09
-17.7%first · latest
Revenue
RevenueFromContractWithCustomerExcludingAssessedTax
quarter 2023-12-31$2.59B
10-Q 2024-02-08
$2.13B
10-Q 2025-02-06
-17.4%first · latest
Goodwill
Goodwill
balance at 2023-06-30$5.14B
10-K 2023-08-15
$4.29B
10-K 2025-08-06
-16.5%first · latest · 6 filings carry it
Goodwill
Goodwill
balance at 2024-06-30$5.19B
10-K 2024-08-13
$4.34B
10-K 2026-08-07
-16.4%first · latest · 6 filings carry it
Intangibles
IntangibleAssetsNetExcludingGoodwill
balance at 2024-06-30$2.32B
10-K 2024-08-13
$1.95B
10-K 2025-08-06
-16.1%first · latest · 5 filings carry it
Deferred revenue (current)
ContractWithCustomerLiabilityCurrent
balance at 2024-06-30$551M
10-K 2024-08-13
$483M
10-K 2025-08-06
-12.3%first · latest · 5 filings carry it
Receivables
AccountsReceivableNetCurrent
balance at 2024-06-30$1.5B
10-K 2024-08-13
$1.42B
10-K 2025-08-06
-5.5%first · latest · 5 filings carry it
Cash
CashAndCashEquivalentsAtCarryingValue
balance at 2024-06-30$1.96B
10-K 2024-08-13
$1.87B
10-K 2026-08-07
-4.5%first · latest · 6 filings carry it
Cash
CashAndCashEquivalentsAtCarryingValue
balance at 2023-06-30$1.83B
10-K 2023-08-15
$1.76B
10-K 2025-08-06
-3.9%first · latest · 6 filings carry it
Cash
CashAndCashEquivalentsAtCarryingValue
balance at 2023-12-31$1.72B
10-Q 2024-02-08
$1.71B
10-Q 2025-02-06
-1.0%first · latest
Cash
CashAndCashEquivalentsAtCarryingValue
balance at 2024-09-30$1.78B
10-Q 2024-11-08
$1.76B
10-Q 2025-11-07
-0.8%first · latest
Cash
CashAndCashEquivalentsAtCarryingValue
balance at 2024-03-31$1.94B
10-Q 2024-05-09
$1.93B
10-Q 2025-05-09
-0.8%first · latest

First filing reporting each period vs the latest filing carrying it (10-K and 10-Q only, periods since 2020, the extractor's winning tag per concept); a change under 0.5% is treated as rounding; share counts re-presented by an integer split ratio are listed as split adjustments, not restatements. A change can be a restatement, a reclassification or a re-tagging in a later comparative column; the two filings are linked so the reader can see which. Descriptive, not a verdict.

Notes by disclosure type

Not available for NWS yet: no footnote text blocks on file for this filer in the ingested DERA files.

Fundamentals from SEC EDGAR. Scores, the DCF, and every model shown are educational analysis, not investment advice or price predictions.

Educational content only. Not financial advice. TrendNalysis provides educational and informational financial analysis built from public SEC filings and economic data (FRED, BLS). It is not financial, investment, tax, or legal advice and is not a recommendation to buy or sell any security. Market pricing is not currently included. Past performance does not guarantee future results. Always do your own research and consult a licensed financial professional before investing.