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Media company owning news publishing (WSJ, New York Post), book publishing (HarperCollins) and digital real estate listings (REA Group, Realtor.com).
Media company owning news publishing (WSJ, New York Post), book publishing (HarperCollins) and digital real estate listings (REA Group, Realtor.com).
Revenue comes from subscriptions and advertising in news, book sales through retailers and digital channels, and fees estate agents pay to list homes on its property portals. The Murdoch family controls the company through the voting Class B shares, so these Class A shares are non-voting. REA Group is listed separately in Australia.
Moat: narrow (brand, installed base, network effects). Trusted mastheads (WSJ) and leading real-estate listing platforms in the US/Australia carry network-effect advantages.
Headquarters: New York, New York, United States · Founded: 2013 · Employees: 21,700
Size News Corp (Class A) (NWSA) is a United States Communication Services company (Publishing: Newspapers) with a market value of $14.7B, the 609th largest of 3,117 United States companies the cockpit tracks. Shares closed at $26.39 on 6 Nov 2026.
Performance Over six months the shares fell 2.4%, against -0.4% for the median peer and -1.1% for the United States market (cap-weighted) — 5th lowest of 12 in its peer set.
Growth Revenue grew 1.1% over the last twelve months (peer median -1.3%); the operating margin is 12.6% (peer median 7.7%).
Valuation It trades at 18.4× forward earnings against a peer median of 15.8× (4th most expensive of 8).
Price implies For today's price to make sense, revenue must grow about 8% a year for seven years (Req g). Recent delivered growth is -1%, so the hurdle is +9 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 0.8 points below its cost of capital (9.2% WACC).
Backlog Backlog (remaining performance obligations) was $1.19B at 30 Sep 2026, up 7% on a year earlier — 0.1 years of trailing revenue. Backlog detail →
Credit News Corp (Class A) has 1 bond outstanding ($1.00B), rated BBB by the agencies and trading like BBB- at a weighted spread of 101 bp.
Short interest Short interest is 3.1% of the free float (15 Oct 2026).
Next results Next results expected around 11 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|---|
| Revenue | $9.03B | $9.03B | $8.45B | $8.25B | $9.88B |
| Revenue growth | — | +7% | +2% | -16% | — |
| Gross profit | $4.65B | $4.65B | $4.26B | $4.00B | $4.04B |
| EBITDA | $1.63B | $1.63B | $1.42B | $1.25B | $1.54B |
| Net income | $573M | $573M | $464M | $266M | $149M |
| Free cash flow | $805M | $805M | $727M | $741M | $593M |
| Capital expenditure | $426M | $426M | $407M | $357M | $499M |
| Total debt | $2.92B | $2.92B | $2.94B | $3.10B | $4.21B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| News Corp (Class A) NWSA | $14.7B | -2% | +1% | 13% | 18.4× | 8.0% |
| New York Times NYT | $11.0B | -14% | +11% | 17% | 21.9× | 8.9% |
| Comcast CMCSA | $86.6B | -3% | 0% | 15% | 7.2× | -6.4% |
| Zillow Z | $6.66B | -29% | +18% | 2% | 11.4× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | NWSA | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -8.9% | +0.1% | 2nd lowest of 12 |
| 6-month return | -2.4% | -0.4% | 5th lowest of 12 |
| Distance from 52-week high | -16.7% | -18.8% | 6th highest of 12 |
| Revenue growth (TTM) | +1.1% | -1.3% | 5th highest of 12 |
| Operating margin | 12.6% | 7.7% | 5th highest of 12 |
| Forward P/E | 18.4× | 15.8× | 4th most expensive of 8 |
| Growth the price implies (Req g, 7 yrs) | 8.0% | 1.1% | 6th most demanding of 12 |
| Growth delivered (Del g) | -0.7% | +1.2% | 5th lowest of 12 |
| Hurdle (Req g minus delivered) | +8.8 pp | -0.7 pp | 5th most demanding of 12 |
| ROIC minus cost of capital | -0.8 pp | +0.3 pp | 5th lowest of 11 |
| EV / EBITDA | 10.0× | 8.7× | 5th most expensive of 10 |
| Net debt / EBITDA | 0.5× | 0.8× | 5th least indebted of 10 |
| Bond spread | 101 bp | n/a | — |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| News Corp (Class A) NWSA | United States | $14.7B | -2% | +1% | 13% | 18.4× | 8.0% | -0.7% |
| New York Times NYT | United States | $11.0B | -14% | +11% | 17% | 21.9× | 8.9% | +9.6% |
| TX Group AG TXGN.SW | Switzerland | $2.43B | +54% | -7% | 4% | 35.4× | 14.3% | -1.3% |
| Sanoma SANOMA.HE | Finland | $1.61B | -1% | -1% | 13% | 11.5× | -7.6% | +4.2% |
| Alma Media ALMA.HE | Finland | $1.27B | +7% | +5% | 26% | 15.8× | 1.1% | +7.3% |
| USA TODAY TDAY | United States | $965M | -14% | -7% | 6% | 39.2× | 9.8% | -7.5% |
| Daily Journal DJCO | United States | $885M | +28% | +23% | 13% | n/a | 22.0% | +11.9% |
| Zhejiang Huamei 000607.SZ | China | $598M | -5% | +3% | -23% | n/a | -1.2% | -5.7% |
| RCS MediaGroup RCS.MI | Italy | $484M | -15% | -3% | 8% | 7.6× | -5.9% | +1.0% |
| Transcontinental TCL-A.TO | Canada | $338M | 0% | -43% | 11% | 5.0× | -12.6% | +1.3% |
| Caltagirone Editore CED.MI | Italy | $309M | +19% | -6% | -19% | n/a | -11.8% | -3.3% |
| Polaris Media POL.OL | Norway | $307M | +4% | 0% | 2% | n/a | 11.5% | +1.2% |
News Corp (Class A) has 1 bond outstanding with $1.00B face value. The agencies rate it BBB; its bonds trade like BBB-. Weighted yield 5.68%, a spread of 101 bp over government bonds.
News Corp (Class A) reported $1.19B of remaining performance obligations at 30 Sep 2026, up 7% from a year earlier and down 5% from the previous quarter. That is 0.1 years of trailing revenue already under contract. Book-to-bill last quarter: 0.97.