14 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has declined 1.3% per year over the past 5 years.
Free cash flow has declined 3.9% per year over the past 5 years.
Financial health
The company holds more cash ($2.4B) than total debt ($2.0B).
Total debt has grown faster than revenue (9.3% vs -1.3% per year).
Shareholder returns
Dividends have been paid for 14 consecutive years, consuming 15.7% of earnings and 32.4% of free cash flow.
The dividend has grown 3.2% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$8.5B
$1.2B
0.0%
0.0%
$571M
$2.0B
$2.4B
2024
$8.3B
$266M
0.0%
0.0%
$540M
$2.1B
$1.9B
2023
$8.0B
$149M
0.0%
0.0%
$430M
$2.2B
$1.8B
2022
$8.4B
$623M
0.0%
0.0%
$643M
$3.1B
$1.8B
2021
$9.4B
$330M
0.0%
0.0%
—
$2.3B
$2.2B
2020
$9.0B
-$1.3B
0.0%
0.0%
—
$1.3B
$1.5B
2019
$10.1B
$155M
0.0%
0.0%
$356M
$1.5B
$1.6B
2018
$9.0B
-$1.5B
0.0%
0.0%
$393M
$2.0B
$2.0B
2017
$8.1B
-$738M
0.0%
0.0%
$243M
$379M
$2.0B
2016
$8.3B
$179M
0.0%
0.0%
$696M
$372M
$1.8B
2015
—
-$147M
—
—
$680M
$0
$2.0B
2014
—
$239M
—
—
$671M
—
$3.1B
2013
—
$506M
—
—
$169M
—
$2.4B
2012
—
-$2.1B
—
—
$476M
—
$1.1B
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$2.2B
$89M
0.0%
0.0%
$399M
$2.0B
$2.2B
Dec '25
$2.4B
$193M
0.0%
0.0%
$132M
$2.0B
$2.1B
Sep '25
$2.1B
$112M
0.0%
0.0%
$4M
$2.0B
$2.2B
Jun '25
$2.1B
$743M
0.0%
0.0%
$32M
$2.0B
$2.4B
Mar '25
$2.0B
$103M
0.0%
0.0%
$418M
$2.0B
$2.1B
Dec '24
$2.2B
$215M
0.0%
0.0%
$170M
$2.0B
$1.8B
Sep '24
$2.1B
$119M
0.0%
0.0%
-$49M
$2.9B
$1.8B
Jun '24
$2.1B
$50M
0.0%
0.0%
$65M
$2.1B
$1.9B
Mar '24
$2.0B
$30M
0.0%
0.0%
$378M
$2.9B
$1.9B
Dec '23
$2.1B
$156M
0.0%
0.0%
—
$3.0B
$1.7B
Sep '23
$2.5B
$30M
0.0%
0.0%
—
$3.0B
$1.5B
Jun '23
$2.4B
-$8M
0.0%
0.0%
—
$2.2B
$1.8B
Mar '23
$2.4B
$50M
0.0%
0.0%
—
$3.0B
$1.7B
Dec '22
$2.5B
$67M
0.0%
0.0%
—
$3.0B
$1.3B
Sep '22
$2.5B
$40M
0.0%
0.0%
—
$3.0B
$1.5B
Jun '22
$2.7B
$110M
0.0%
0.0%
—
$3.1B
$1.8B
Mar '22
$2.5B
$82M
0.0%
0.0%
—
$2.8B
$1.9B
Dec '21
$2.7B
$235M
0.0%
0.0%
—
$2.3B
$2.2B
Sep '21
$2.5B
$196M
0.0%
0.0%
—
$2.3B
$2.1B
Jun '21
$2.5B
-$14M
0.0%
0.0%
—
$2.3B
$2.2B
Valuation over time
How the market has priced NWSA against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 15.5× (Mar '23) to 11.9× (Jun '26).
The price-to-sales ratio has risen from 1.1× (Mar '23) to 1.7× (Jun '26).
The dividend yield has fallen from 1.8% (Mar '23) to 1.3% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is NWSA growing its revenue and profit?
Over the past 5 years, News Corp (Class A)'s revenue has declined 1.3% per year. These are computed facts, not advice.
How much debt does NWSA have?
As of FY2025, News Corp (Class A) reported $2.0B of total debt against $2.4B of cash.
What is NWSA's profit margin?
In FY2025, gross margin was —, operating margin —, and net margin 14.0%.
What is NWSA's P/E ratio?
As of Jun '26, News Corp (Class A) traded at a price-to-earnings ratio of about 11.9× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.