News Corp (Class B) (NWS)

Communication Services · $14.9B market cap · SEC CIK 0001564708

Next reports on Feb 3, 2027, with analysts expecting $0.49 in earnings per share.

The case for NWS

• Holds more cash ($2.1B) than long-term debt ($2.0B).
• Gross margin of 57% absorbs cost shocks.

The case against

• Expensive for its growth: 25.9× earnings, where 4% a year of growth plus a 0.9% dividend would justify about 16×.
• Earnings per share down 50.5%.
• Revenue has shrunk 0.7% a year over five years.
• Return on equity of only 7%.
• Revenue grew only 1.1%, roughly the pace of inflation.

What the score is made of

Each factor is half a curve over reported figures and half a rank among the other Communication Services companies (momentum is judged against fixed thresholds only), and the five are blended by weight. The score is where that blend places it in the S&P 500. It describes the last filing and the current price. It is not a forecast.

• Each factor except momentum is half fixed thresholds, half rank among the 19 Communication Services companies.

The financials

The financials, five years deep

Pulled from News Corp (Class B)'s XBRL filings on SEC EDGAR. Italic rows are worked out from the others.

What News Corp (Class B) says it does

OVERVIEW The Company News Corporation (the “Company,” “News Corp,” “we,” “us,” or “our”) is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services to consumers and businesses throughout the world. The Company comprises businesses across a range of media, including information services and news, digital real estate services and book publishing, that are distributed under some of the world’s most recognizable and respected brands, including The Wall Street Journal , Barron’s , Dow Jones, The Australian , Herald Sun , The Sun , The Times , HarperCollins Publishers, realestate.com.au, Realtor.com ® , talkSPORT and many others. The Company’s commitment to premium content makes its properties a premier destination for information, news, real estate and entertainment. The Company distributes its content and other products and services…

Risk factors NWS lists in its 10-K

• The Company Operates in a Highly Competitive Business Environment, and its Success Depends on its Ability to Compete Effectively, Including by Responding to Evolving Technologies and Changes in Consumer and Customer Behavior
• Macroeconomic and Market Conditions and Other Events Outside the Company’s Control May Adversely Affect the Company’s Business
• The Company’s Businesses Depend on a Single or Limited Number of Suppliers for Certain Products, Services, Data and Information,
• and Reductions, Interruptions or Other Issues Affecting Their Supply or a Significant Increase in Price Could Have an Adverse Effect on the Company’s Business, Results of Operations and Financial Condition
• A Decline in Customer Advertising Expenditures or Other Adverse Changes in the Advertising Ecosystem Could Cause the Company’s Revenues and Operating Results to Decline Significantly
• The Company’s Reputation, Credibility and Brands are Key Assets and Competitive Advantages, and its Business and Results of Operations May be Affected by How the Company is Perceived
• Developments in AI, Including the Company’s Use of AI, May Expose it to Certain Risks, Which Could Adversely Affect its Business, Reputation or Financial Results
• The Company Has Completed, and May Continue to Engage in, Strategic Transactions, Including Acquisitions, Investments and Divestitures, That Introduce Significant Risks and Uncertainties
• The Company’s International Operations Expose it to Additional Risks That Could Adversely Affect its Business, Results of Operations and Financial Condition
• An Inability to Attract and Retain the Right Talent and Cultivate Their Performance Could Adversely Affect the Company’s Business
• The Company is Subject to Payment Processing Risk Which Could Lead to Adverse Effects on the Company’s Business and Results of Operations
• The Company is Party to Agreements with Third Parties Relating to Certain of its Businesses That Contain Operational Restrictions and/or Other Rights That May Not be in the Best Interest of the Company
• Labor Disputes May Have an Adverse Effect on the Company’s Business
• Unauthorized Use of the Company’s Content and Other Intellectual Property May Decrease Revenue and Adversely Affect the Company’s Business, Results of Operations and Financial Condition
• Failure by the Company to Protect its Intellectual Property and Brands, or Infringement Claims by Third Parties, Could Adversely Impact the Company’s Business, Results of Operations and Financial Condition
• The Company is Exposed to Fluctuations in Foreign Currency Exchange Rates
• The Company Could Suffer Losses Due to Asset Impairment and Restructuring Charges
• The Company Could Be Subject to Significant Additional Tax Liabilities, Which Could Adversely Affect its Operating Results and Financial Condition
• The Company’s Business Could Be Adversely Impacted by Changes in Law, Governmental Policy and Regulation
• Adverse Results from Litigation or Other Proceedings Could Impact the Company’s Business Practices and Operating Results
• The Market Price of the Company’s Stock May Fluctuate Significantly

Filings

Other Communication Services companies