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News Corp (Class A) (NWSA)

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

$26.61 ▲+0.15% on the day close of Nov 10, 2026
13 Screens badly
ahead of 13% of the S&P 500 · #14 of 19 in Communication Services

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

52-week range $22.20 to $31.66. 16% below its 52-week high and 20% above its low.

The case for NWSA

The case against

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.

Valuewhat you pay for the earnings and cash, against the growth you get39
Growthhow fast revenue and earnings are moving, this year and over five25
Profitabilityhow much of the revenue becomes profit, and how much of that is cash49
Momentumhow the price has behaved lately42
Stabilityhow violently it moves, what it owes and what it pays you48

The financials

Revenue growth

Is the business growing? Slowly

Last 12 months+1.1%
Over 5 years−0.7% a year
FY2026 revenue$9.0B (+7%)

Free cash flow

Is it generating real cash? Yes

FY2026 free cash flow$811M
Of revenue9%
Of profit142%

Profit margins

Is profitability improving? No, slipping

Gross margin57%
Operating margin12%
Net margin, FY25 → FY26 → now14.0% → 6.3% → 6.3%

Debt vs. cash

Is the balance sheet healthy? Yes, more cash than debt

Cash$2.1B
Long-term debt$2.0B
Net cash$106M
Years to repay1.6 yrs

Valuation

Is the stock price reasonable? A bit pricey

P/E25.9×
Fair P/E for its growth16×
P/FCF18.3×
Forward P/E21.4×
EV / EBITDA9.6×

At 25.9× earnings it trades well above the 16× that 4% a year of growth plus a 0.9% dividend would justify. At 18.3× free cash flow it trades close to that same mark.

The financials, five years deep

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

FY2026FY2025FY2024FY2023FY2022
Revenue growth
Revenue$9.0B$8.5B$8.3B$8.0B$10.4B
Change on the year+7%+2%+3%−23%—
Free cash flow
Free cash flow$811M$571M$741M$745M$855M
Of revenue9%7%9%9%8%
Profit margins
Net margin6.3%14.0%3.2%1.9%6.0%
Debt vs. cash
Cash$2.1B$2.4B$1.9B$1.8B$1.8B
Long-term debt$2.0B$1.9B$2.1B$2.9B$2.8B
Net cash (debt)$106M$466M−$221M−$1.2B−$954M

What News Corp (Class A) 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 NWSA lists in its 10-K

Filings

Open NWSA in the deck

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