News Corporation
- Open
- 35.12
- Day high
- 35.35
- Day low
- 34.96
- Prev close
- 35.15
- Volume
- 660K
- Mkt cap
- $19.0B
- P/E (TTM)
- 34.2
- EPS (TTM)
- $1.03
- P/B
- 2.2
- P/S
- 2.1
- Yield
- 0.57%
- Per share
- $0.20
- ▼Insiders net selling -$3.2M over the last 3 months (0 open-market buys, 5 sales)
- 🏛Institutions accumulating (13F)
News Corporation (NWS) is a Communication Services company listed on NASDAQ. The stock is up 3% over the past year. Over the trailing 3 months, insiders filed 0 open-market buys and 5 sales (SEC Form 4). Drillr has 1 published research article covering NWS.
News Corporation (NWS) financials & analyst ratings
Fundamentals (TTM)
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
NWS earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Aug 5, 2026 | $0.24 | $0.35 | +44.5% | $2.3B | +4.0% |
| May 7, 2026 | $0.14 | $0.21 | +50.0% | $2.2B | +3.2% |
| Feb 5, 2026 | $0.25 | $0.40 | +60.0% | $2.4B | +12.1% |
| Nov 6, 2025 | $0.19 | $0.22 | +13.5% | $2.1B | +1.6% |
| May 8, 2025 | $0.14 | $0.17 | +20.6% | $2.0B | +0.2% |
| Feb 5, 2025 | $0.34 | $0.33 | -2.9% | $2.2B | +2.4% |
| Nov 7, 2024 | $0.17 | $0.21 | +24.9% | $2.6B | -0.1% |
| Aug 8, 2024 | $0.16 | $0.17 | +7.9% | $2.6B | +3.4% |
| Feb 7, 2024 | $0.22 | $0.26 | +17.5% | $2.6B | +0.8% |
| Nov 9, 2023 | $0.12 | $0.16 | +35.7% | $2.5B | +0.6% |
| Aug 10, 2023 | $0.09 | $0.14 | +64.2% | $2.4B | -2.3% |
| May 11, 2023 | $0.05 | $0.09 | +86.2% | $2.4B | +2.9% |
NWS insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Aug 18, 2026 | Thomson Robert Jdirector, officer: Chief Executive Officer | Tax | 17,011 | $29.16 |
| Aug 18, 2026 | Pitofsky David Bofficer: General Counsel | Tax | 4,439 | $29.16 |
| Aug 18, 2026 | Allen Ruthofficer: Chief Human Resources Officer | Grant | 11,831 | — |
| Aug 18, 2026 | Chandrashekar Lavanyaofficer: Chief Financial Officer | Tax | 3,169 | $29.16 |
| Aug 18, 2026 | Pitofsky David Bofficer: General Counsel | Tax | 4,133 | $29.16 |
| Aug 18, 2026 | Chandrashekar Lavanyaofficer: Chief Financial Officer | Sell | 17,785 | $28.66 |
| Aug 18, 2026 | Thomson Robert Jdirector, officer: Chief Executive Officer | Tax | 20,080 | $29.16 |
| Aug 18, 2026 | Pitofsky David Bofficer: General Counsel | Option | 7,805 | — |
| Aug 18, 2026 | Allen Ruthofficer: Chief Human Resources Officer | Option | 23,620 | — |
| Aug 18, 2026 | Allen Ruthofficer: Chief Human Resources Officer | Tax | 1,714 | $29.16 |
| Aug 18, 2026 | DeGrazio Marygraceofficer: Chief Accounting Officer | Option | 4,766 | — |
| Aug 18, 2026 | MURDOCH KEITH RUPERTother: Chairman Emeritus | Tax | 5,895 | $29.16 |
| Aug 18, 2026 | Chandrashekar Lavanyaofficer: Chief Financial Officer | Option | 8,790 | — |
| Aug 18, 2026 | Thomson Robert Jdirector, officer: Chief Executive Officer | Option | 444,341 | — |
| Aug 18, 2026 | Allen Ruthofficer: Chief Human Resources Officer | Option | 3,379 | — |
Source: NWS SEC Form 4 filings, latest Aug 18, 2026. For informational purposes only — not investment advice.
See the full NWS insider & 13F page →News Corporation company profile
Overview
News Corporation (NASDAQ:NWS) is a diversified media and information services company founded in 2012 and headquartered in New York. The company emerged from the 2013 split of the original News Corporation, which separated the publishing and information services businesses from the entertainment assets that became 21st Century Fox. News Corp operates as a global media conglomerate with a portfolio spanning digital real estate services, financial news and information, book publishing, traditional newspapers, and subscription video services across multiple countries including the United States, United Kingdom, and Australia.
Business
News Corporation operates across six distinct business segments that collectively generate approximately $10 billion in annual revenue. The company's business model centers on creating, distributing, and monetizing authoritative content and information services for both consumer and business audiences. Digital Real Estate Services represents the company's most profitable segment, accounting for roughly 18% of total revenues but generating disproportionately high margins. This division primarily consists of REA Group, Australia's leading online real estate platform, which connects property buyers, sellers, and renters through digital marketplaces. The platform generates revenue through listing fees paid by real estate agents and property developers, along with premium advertising services. Dow Jones serves as the company's flagship business-to-business information provider, contributing approximately 24% of total revenues. This segment publishes The Wall Street Journal, Barron's, and MarketWatch for consumer audiences, while also operating extensive professional information services including Factiva (a business intelligence platform), Dow Jones Risk & Compliance (regulatory and risk management solutions), and OPIS (energy pricing data). The division has successfully transformed into a predominantly digital operation, with 81% of revenues now coming from digital sources. Book Publishing through HarperCollins Publishers represents about 20% of revenues, making it one of the "Big Five" English-language publishers globally. HarperCollins publishes fiction, non-fiction, children's books, and religious titles across multiple imprints, distributing through both traditional retail channels and rapidly growing digital formats including e-books and audiobooks. Subscription Video Services primarily consists of Foxtel, Australia's leading pay-television provider, accounting for roughly 20% of revenues. Foxtel operates both traditional cable/satellite services and streaming platforms, offering sports, entertainment, and news content. The company has been transitioning from traditional pay-TV to streaming services, with over 3.2 million streaming subscribers. News Media encompasses the company's newspaper operations, contributing approximately 18% of revenues. This includes major publications such as The Times and The Sun in the UK, The Australian and Herald Sun in Australia, and the New York Post in the United States. These publications operate both print and digital versions, with increasing focus on digital subscriptions and advertising. The Other segment includes various smaller operations and corporate functions, representing minimal revenue contribution.
Revenue model
News Corporation employs multiple revenue models across its diverse portfolio, with the primary income streams being subscription fees, advertising revenue, transaction-based commissions, and product sales. Subscription Revenue forms the largest and most stable income source, generated through digital subscriptions to Dow Jones publications like The Wall Street Journal, Foxtel's streaming and pay-TV services, and various newspaper digital subscriptions. This recurring revenue model provides predictable cash flows and has been the company's strategic focus, with digital subscriptions growing consistently across segments. Advertising Revenue comes from both digital and traditional advertising across all media properties. Digital advertising has become increasingly important, now representing the majority of advertising income. The company benefits from premium advertising rates due to its affluent, educated readership demographics, particularly for financial and business publications. Transaction and Commission Revenue primarily originates from the Digital Real Estate Services segment, where REA Group charges real estate agents listing fees and premium placement charges. This model creates a direct correlation between property market activity and revenue generation. Product Sales include book sales through HarperCollins, both physical and digital formats, along with various licensing deals and content syndication arrangements. Several factors significantly impact the company's margins and profitability. Economic cycles directly affect advertising spending and real estate market activity, with downturns reducing both advertising budgets and property transactions. Digital transformation costs continue to pressure margins as the company invests in technology infrastructure and digital capabilities while maintaining legacy operations. Content creation costs for Foxtel's streaming services and sports rights acquisitions represent significant fixed expenses that must be balanced against subscriber growth. Newsprint and distribution costs for traditional newspapers create margin pressure, particularly as circulation volumes decline. Currency fluctuations impact results given the company's significant international operations, particularly in Australia and the UK. Regulatory changes regarding digital platforms and content licensing can affect revenue streams, while competition from tech platforms continues to pressure both advertising rates and content distribution models.
Competitive moat
News Corporation's competitive moat is moderately strong but faces ongoing challenges from digital disruption. The company's primary defensive advantages stem from its premium brand portfolio and content creation capabilities, though these moats have weakened considerably from their historical strength. Brand Recognition and Editorial Authority represent the company's strongest moat, particularly for publications like The Wall Street Journal, The Times, and The Australian. These brands have built decades of credibility and reader loyalty, commanding premium subscription prices and advertising rates. However, this advantage has eroded as digital platforms have democratized information distribution and younger audiences increasingly consume news through social media and aggregators. Content Creation Infrastructure provides some defensive positioning through the company's global network of journalists, editors, and content creators. The cost and complexity of maintaining high-quality editorial operations creates barriers to entry for new competitors. However, digital-native publishers have demonstrated ability to build audiences with smaller, more focused editorial teams. Market Position Dominance is strongest in the Digital Real Estate Services segment, where REA Group maintains a dominant position in the Australian property market. This creates network effects where agents must advertise on the platform to reach buyers, and buyers visit because of comprehensive listings. This represents the company's most durable competitive advantage. Distribution Relationships through established relationships with advertisers, subscribers, and distribution partners provide some protection, though these relationships are increasingly challenged by direct digital distribution models. The company faces significant competitive threats from technology platforms like Google and Facebook that have captured the majority of digital advertising growth, streaming services like Netflix and Disney+ that compete directly with Foxtel, and digital-native publishers that operate with lower cost structures. The rise of artificial intelligence and content aggregation poses additional threats to traditional journalism models, though the company has begun exploring partnerships with AI companies to monetize its content archives. Overall, News Corporation's moat is moderate but declining, with the company's future competitiveness dependent on successful digital transformation and the ability to leverage its content creation capabilities in new distribution models.
Risks & safety
News Corporation maintains a moderate margin of safety with adequate financial resources but faces ongoing cash flow pressures from digital transformation investments. • Liquidity Position: Strong cash position of $2.1 billion provides substantial operational flexibility, with current ratio of 1.68 indicating adequate short-term liquidity coverage. • Debt Management: Moderate debt-to-equity ratio of 0.36 suggests manageable leverage, though total debt service requirements must be monitored against cash flow generation. • Cash Flow Generation: Positive operating cash flow of $668 million and free cash flow of $575 million in recent quarter demonstrate ongoing cash generation capability, though this varies significantly by quarter. • Valuation Metrics: Current P/E ratio of 37.5 suggests elevated valuation relative to earnings, while EV/EBITDA of 14.0 indicates moderate valuation relative to cash flow generation. • Solvency Considerations: Total assets of $16.6 billion against total liabilities of $7.5 billion provide reasonable solvency cushion, though asset values include significant intangible assets that may not be readily convertible to cash. • Operational Risks: Declining traditional media revenues and ongoing digital transformation costs create uncertainty around future cash flow sustainability, particularly if economic conditions deteriorate and advertising spending contracts further.
Recent development
Over the past several years, News Corporation has pursued an aggressive digital transformation strategy while exploring strategic portfolio optimization. The company has significantly expanded its business-to-business information services, with Dow Jones B2B operations now generating over 50% of that segment's profitability. This shift reflects a strategic pivot toward higher-margin, recurring revenue streams that are less dependent on consumer advertising cycles. Artificial Intelligence Partnerships represent a major strategic development, with the company signing a landmark agreement with OpenAI to license its content archives for AI training. This partnership provides both guaranteed revenue and positions News Corp to participate in the AI content monetization ecosystem, addressing concerns about unauthorized use of its intellectual property. Digital Real Estate Expansion has been a key growth driver, with REA Group revenues increasing 37% as the company capitalizes on Australia's robust property market and expands its service offerings beyond basic listings to include financial services and property management tools. Streaming Services Transformation at Foxtel has shown significant progress, with streaming subscribers reaching 3.2 million and the launch of the Hubbl aggregation service. The company is exploring strategic options for Foxtel, including potential third-party partnerships or sales, as it evaluates how to maximize value from this asset. Cost Optimization Initiatives have been implemented across all segments, including a 5% workforce reduction that generated over $160 million in annual savings. These efforts reflect management's focus on improving operational efficiency while maintaining investment in growth areas. Portfolio Simplification efforts continue as the company evaluates strategic options for various assets, with management indicating that the simplification process will not continue indefinitely but remains focused on maximizing shareholder value through potential divestitures or partnerships.
NWS company profile · for informational purposes only — not investment advice.
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