NEWS CORP

10-K & 10-Q Filings

News Corporation is a global diversified media and information services company. Its business includes digital real estate services, subscription video services, news and information services, book publishing, and other businesses. The company operates in the United States, Australia, and the U.K., and its content is distributed worldwide. News Corporation's business strategy is to create and distribute authoritative and engaging content and other products and services to consumers and businesses. The company's six reporting segments are Digital Real Estate Services, Subscription Video Services, Dow Jones, Book Publishing, News Media, and Other. The company's website is www.newscorp.com, and its Class A and Class B Common Stock are listed on The Nasdaq Global Select Market under the trading symbols "NWSA" and "NWS," respectively. The company's fiscal year ends on the Sunday nearest to June 30 in each year. For the fiscal year ended June 30, 2023, the company reported revenues of approximately $8,164 million and EBITDA of $1,827 million. The company's digital real estate services segment includes its interest in REA Group, a leading digital media business specializing in property, and its interest in Move, a leading provider of digital real estate services in the U.S. The subscription video services segment includes the Company’s 65% interest in NXE Australia Pty Limited, which operates Foxtel, the largest Australian-based subscription television provider, and Australian News Channel. The Dow Jones segment is a global provider of news and business information, and the company's other segment includes the Company’s general corporate overhead expenses, strategy costs, and costs related to the U.K. Newspaper Matters.

12 mos ending Jun 30, 201912 mos ending Jun 30, 202012 mos ending Jun 30, 202112 mos ending Jun 30, 202212 mos ending Jun 30, 20236 mos ending Dec 31, 20226 mos ending Dec 31, 2023CAGR %YoY %Revenue (+)
$10074.00
9008.00
9358.00
10385.00
9879.00
4999.00
5085.00
-0.49%1.72%Selling, General & Administrative (-)
$3208.00
2995.00
3254.00
3592.00
3335.00
1673.00
1694.00
0.98%1.26%Depreciation & Amortization (-)
$659.00
644.00
680.00
688.00
714.00
353.00
350.00
2.02%-0.85%Non-recurring Operating Expenses (-)
$188.00
1830.00
168.00
109.00
150.00
40.00
51.00
-5.49%27.50%Operating Expenses (-)
$9677.00
10469.00
8933.00
9513.00
9323.00
4633.00
4649.00
-0.93%0.35%Costs & Expenses (Total) (-)
$9677.00
10469.00
8933.00
9513.00
9323.00
4633.00
4649.00
-0.93%0.35%Operating Income/Loss (+)
$397.00
-1461.00
425.00
872.00
556.00
366.00
436.00
8.79%19.13%Non-operating Income/Expense (+)
$16.00
-38.00
78.00
39.00
-126.00
-57.00
-16.00
71.93%Interest Expense (-)
$59.00
25.00
53.00
99.00
100.00
53.00
48.00
14.10%-9.43%Earnings before Tax (+)
$354.00
-1524.00
450.00
812.00
330.00
256.00
372.00
-1.74%45.31%Tax Expense (-)
$126.00
21.00
61.00
52.00
143.00
96.00
131.00
3.21%36.46%Income/Loss (Continuing Operations) (+)
$228.00
-1545.00
389.00
760.00
187.00
160.00
241.00
-4.84%50.63%Profit/Loss (+)
$228.00
-1545.00
389.00
760.00
187.00
160.00
241.00
-4.84%50.63%Net Income/Loss (NCI) (-)
$73.00
-276.00
59.00
137.00
38.00
53.00
55.00
-15.06%3.77%Net Income/Loss (+)
$155.00
-1269.00
330.00
623.00
149.00
107.00
186.00
-0.98%73.83%Net Income/Loss (Common) (+)
$155.00
-1269.00
330.00
623.00
149.00
107.00
186.00
-0.98%73.83%EPS (Basic)
$0.27
-2.16
0.56
1.06
0.26
0.18
0.33
-0.94%83.33%EPS (Diluted)
$0.26
-2.16
0.56
1.05
0.26
0.18
0.32
0.00%77.78%Weighted Avg Shares (Basic)
385.65
199.63
391.21
385.60
379.59
382.36
380.02
-0.40%-0.61%Cash
$1643.00
1517.00
2236.00
1822.00
1833.00
1328.00
1724.00
2.77%29.82%Receivables
$1544.00
1203.00
1498.00
1502.00
1425.00
1636.00
1516.00
-1.99%-7.33%Inventory
$348.00
348.00
253.00
311.00
311.00
328.00
297.00
-2.77%-9.45%Other Assets (Current)
$515.00
393.00
469.00
458.00
484.00
471.00
466.00
-1.54%-1.06%Assets (Current)
$4050.00
3461.00
4456.00
4093.00
4053.00
3763.00
4003.00
0.02%6.38%Securities & Long-term Investments
$335.00
297.00
351.00
488.00
427.00
524.00
424.00
6.25%-19.08%Property, Plant & Equipment (Net)
$2554.00
3317.00
3307.00
2994.00
3078.00
3066.00
2992.00
4.78%-2.41%Goodwill & Intangibles
$7573.00
5815.00
6832.00
7840.00
7629.00
7752.00
7637.00
0.18%-1.48%Other Assets
$1199.00
1371.00
1825.00
1806.00
1734.00
1786.00
1625.00
9.66%-9.01%Assets (Non-current)
$11661.00
10800.00
12315.00
13128.00
12868.00
13128.00
12678.00
2.49%-3.43%Assets (Total)
$15711.00
14261.00
16771.00
17221.00
16921.00
16891.00
16681.00
1.87%-1.24%Accounts Payable
$1739.00
1370.00
1660.00
1647.00
1563.00
1360.00
1338.00
-2.63%-1.62%Debt (Current)
$449.00
76.00
28.00
293.00
27.00
27.00
58.00
-50.48%114.81%Other Liabilities (Current)
$1152.00
1236.00
1546.00
1579.00
1575.00
1552.00
1388.00
8.13%-10.57%Liabilities (Current)
$3340.00
2682.00
3234.00
3519.00
3165.00
2939.00
2784.00
-1.34%-5.27%Debt (Non-current)
$1004.00
1183.00
2285.00
2776.00
2940.00
2998.00
2984.00
30.81%-0.47%Other Liabilities
$1056.00
2007.00
2106.00
1783.00
1871.00
1898.00
1811.00
15.37%-4.58%Liabilities (Non-current)
$2060.00
3190.00
4391.00
4559.00
4811.00
4896.00
4795.00
23.62%-2.06%Liabilities (Total)
$5400.00
5872.00
7625.00
8078.00
7976.00
7835.00
7579.00
10.24%-3.27%Retained Earnings
$-1979.00
-3241.00
-2911.00
-2293.00
-2144.00
-2186.00
-1958.00
10.43%AOCI
$-1126.00
-1331.00
-941.00
-1270.00
-1247.00
-1255.00
-1200.00
4.38%Shareholder's Equity
$10311.00
8389.00
9146.00
9143.00
8945.00
9056.00
9102.00
-3.49%0.51%Liabilities & Equity
$15711.00
14261.00
16771.00
17221.00
16921.00
16891.00
16681.00
1.87%-1.24%Net Income/Loss
$228.00
-1545.00
389.00
760.00
187.00
160.00
241.00
-4.84%50.63%Depreciation & Amortization
$659.00
644.00
680.00
688.00
714.00
353.00
350.00
2.02%-0.85%Increase/Decrease in Working Capital
$71.00
214.00
-103.00
218.00
76.00
471.00
377.00
1.72%-19.96%Adjustments to Reconcile Net Income
$700.00
2325.00
848.00
594.00
905.00
1.00
64.00
6.63%6300.00%Net Cash (Operating)
$928.00
780.00
1237.00
1354.00
1092.00
161.00
305.00
4.15%89.44%Capital Expenditure
$657.00
442.00
1278.00
2068.00
493.00
316.00
278.00
-6.93%-12.03%Net Cash (Investing)
$-677.00
-427.00
-1292.00
-2076.00
-574.00
-337.00
-278.00
17.51%Increase/Decrease in Debt
$-435.00
-300.00
958.00
852.00
-75.00
-55.00
5.00
109.09%Increase/Decrease in Equity
$
-179.00
-243.00
-178.00
-56.00
68.54%Dividends Paid
$161.00
158.00
163.00
175.00
174.00
89.00
85.00
1.96%-4.49%Net Cash (Financing)
$-610.00
-472.00
699.00
404.00
-501.00
-312.00
-144.00
53.85%Cash Taxes Paid
$
51.00
100.00
125.00
-6.00
-17.00
-67.00
-294.12%Effect of Exchange Rate
$-32.00
-7.00
75.00
-96.00
-6.00
-6.00
8.00
233.33%Increase/Decrease in Cash
$-359.00
-119.00
644.00
-318.00
17.00
-488.00
-117.00
76.02%Cash (Beginning)
$2034.00
1643.00
1517.00
2236.00
1822.00
1822.00
1833.00
-2.71%0.60%Cash (Ending)
$1643.00
1517.00
2236.00
1822.00
1833.00
1328.00
1724.00
2.77%29.82%NOPAT
$255.69
-1509.89
330.56
737.76
315.07
228.75
282.46
5.36%23.48%Operating Margin %
3.94%
-16.22%
4.54%
8.40%
5.63%
7.32%
8.57%
NOPAT Margin %
2.54%
-16.76%
3.53%
7.10%
3.19%
4.58%
5.55%
Net Margin %
1.54%
-14.09%
3.53%
6.00%
1.51%
2.14%
3.66%
Tax Rate %
35.59%
-3.35%
22.22%
15.39%
43.33%
37.50%
35.22%
ROA
1.63%
-10.59%
1.97%
4.28%
1.86%
1.35%
1.69%
ROE
2.48%
-18.00%
3.61%
8.07%
3.52%
2.53%
3.10%
ROIC
2.39%
-15.73%
3.18%
6.56%
2.84%
2.05%
2.59%
Asset Turnover
0.64
0.63
0.56
0.60
0.58
0.30
0.30
Equity Multiplier
1.52
1.70
1.83
1.88
1.89
1.87
1.83
Current Ratio
1.21
1.29
1.38
1.16
1.28
1.28
1.44
Quick Ratio
0.95
1.01
1.15
0.94
1.03
1.01
1.16
Debt/Equity Ratio
0.14
0.15
0.25
0.34
0.33
0.33
0.33
Working Capital/Sales
0.06
0.05
0.03
0.04
0.04
0.07
0.06
Dividend Payout Ratio %
62.97%
10.46%
49.31%
23.72%
55.23%
38.91%
30.09%
Total Payout
$596.00
458.00
-795.00
-498.00
492.00
322.00
136.00
-4.68%-57.76%Payout Ratio %
233.09%
30.33%
-240.50%
-67.50%
156.16%
140.77%
48.15%