News Corporation (NWSA) Financial Ratios
15 years of historical data (2011–2025) · Communication Services · Entertainment
EV/EBITDA
↓
11.17
-6% vs avg
5yr avg: 11.87
30Y Low6.1·High30.0
P/FCF
↑
21.00
+8% vs avg
5yr avg: 19.49
30Y Low9.5·High52.3
P/B Ratio
↑
1.64
+9% vs avg
5yr avg: 1.50
30Y Low0.6·High1.8
ROE
↑
12.8%
↓+129% vs avg
5yr avg: 5.6%
30Y Low-19%·High13%
Debt/EBITDA
↓
2.08
↓-28% vs avg
5yr avg: 2.90
30Y Low0.4·High3.9
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
NWSA Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
News Corporation trades at 13.1x earnings, 69% below its 5-year average of 42.0x, sitting at the 0th percentile of its historical range. Compared to the Communication Services sector median P/E of 15.4x, the stock trades at a discount of 15%. On a free-cash-flow basis, the stock trades at 21.0x P/FCF, 8% above the 5-year average of 19.5x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $15.3B | $16.9B | $15.8B | $11.3B | $9.2B | $15.3B | $7.0B | $7.9B | $9.0B | $8.0B | $6.6B |
| Enterprise Value | $15.8B | $17.5B | $17.9B | $13.7B | $11.6B | $16.7B | $8.0B | $7.7B | $8.9B | $6.3B | $5.1B |
| P/E Ratio → | 13.06 | 14.36 | 59.93 | 75.00 | 14.84 | 46.02 | — | 51.88 | — | — | 37.83 |
| P/S Ratio | 1.81 | 2.00 | 1.92 | 1.41 | 0.89 | 1.63 | 0.77 | 0.79 | 1.00 | 0.98 | 0.80 |
| P/B Ratio | 1.64 | 1.80 | 1.75 | 1.26 | 1.01 | 1.67 | 0.83 | 0.77 | 0.86 | 0.72 | 0.56 |
| P/FCF | 21.00 | 23.30 | 26.26 | 19.03 | 10.80 | 18.05 | 20.39 | 22.28 | 22.98 | 33.47 | 9.50 |
| P/OCF | 13.46 | 14.94 | 14.40 | 10.34 | 6.82 | 12.36 | 8.94 | 8.55 | 11.93 | 16.12 | 6.94 |
P/E links to full P/E history page with 30-year chart
NWSA EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
News Corporation's enterprise value stands at 11.2x EBITDA, 6% below its 5-year average of 11.9x. The Communication Services sector median is 9.0x, placing the stock at a 24% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.07 | 2.17 | 1.71 | 1.11 | 1.78 | 0.89 | 0.77 | 0.99 | 0.78 | 0.62 |
| EV / EBITDA | 11.17 | 12.35 | 14.43 | 12.54 | 6.93 | 13.08 | 7.89 | 6.22 | 8.36 | 7.17 | 6.11 |
| EV / EBIT | 16.53 | 18.28 | 22.35 | 20.27 | 12.69 | 33.11 | — | 18.74 | 14.94 | 14.61 | 15.28 |
| EV / FCF | — | 24.04 | 29.74 | 23.04 | 13.53 | 19.66 | 23.37 | 21.74 | 22.77 | 26.59 | 7.40 |
NWSA Profitability
Margins and return-on-capital ratios measuring operating efficiency
News Corporation earns an operating margin of 11.3%. Operating margins have expanded from 8.4% to 11.3% over the past 3 years, signaling improving operational efficiency. ROE of 12.8% is modest. ROIC of 6.8% represents adequate returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating Margin | 11.3% | 11.3% | 9.7% | 8.4% | 9.4% | 6.3% | 4.1% | 5.8% | 6.6% | 5.3% | 4.1% |
| Net Profit Margin | 14.0% | 14.0% | 3.2% | 1.9% | 6.0% | 3.5% | -14.1% | 1.5% | -16.8% | -9.1% | 2.2% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 12.8% | 12.8% | 3.0% | 1.6% | 6.8% | 3.8% | -13.6% | 1.5% | -14.0% | -6.4% | 1.5% |
| ROA | 7.3% | 7.3% | 1.6% | 0.9% | 3.7% | 2.1% | -8.5% | 1.0% | -9.8% | -4.9% | 1.2% |
| ROIC | 6.8% | 6.8% | 5.4% | 4.4% | 6.7% | 4.5% | 2.8% | 4.3% | 4.5% | 3.3% | 2.5% |
| ROCE | 7.2% | 7.2% | 5.8% | 4.9% | 7.2% | 4.7% | 3.1% | 4.6% | 4.8% | 3.4% | 2.6% |
NWSA Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
News Corporation carries a Debt/EBITDA ratio of 2.1x, which is manageable (41% below the sector average of 3.5x). Net debt stands at $537M ($2.9B total debt minus $2.4B cash). Interest coverage of 95.6x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.31 | 0.31 | 0.45 | 0.47 | 0.45 | 0.39 | 0.30 | 0.14 | 0.19 | 0.03 | 0.03 |
| Debt / EBITDA | 2.08 | 2.08 | 3.27 | 3.86 | 2.49 | 2.83 | 2.50 | 1.17 | 1.82 | 0.43 | 0.44 |
| Net Debt / Equity | — | 0.06 | 0.23 | 0.27 | 0.26 | 0.15 | 0.12 | -0.02 | -0.01 | -0.15 | -0.12 |
| Net Debt / EBITDA | 0.38 | 0.38 | 1.69 | 2.18 | 1.40 | 1.07 | 1.01 | -0.15 | -0.08 | -1.86 | -1.74 |
| Debt / FCF | — | 0.74 | 3.48 | 4.00 | 2.73 | 1.61 | 2.98 | -0.53 | -0.21 | -6.88 | -2.10 |
| Interest Coverage | 95.60 | 95.60 | 22.89 | 8.02 | 9.20 | 9.49 | -59.96 | 7.00 | 85.57 | — | — |
NWSA Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.84x means News Corporation can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has improved from 1.28x to 1.84x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.84 | 1.84 | 1.43 | 1.28 | 1.16 | 1.38 | 1.29 | 1.21 | 1.33 | 1.56 | 1.59 |
| Quick Ratio | 1.72 | 1.72 | 1.33 | 1.18 | 1.07 | 1.30 | 1.16 | 1.11 | 1.22 | 1.47 | 1.50 |
| Cash Ratio | 0.92 | 0.92 | 0.64 | 0.58 | 0.52 | 0.69 | 0.57 | 0.49 | 0.62 | 0.82 | 0.75 |
| Asset Turnover | — | 0.55 | 0.49 | 0.47 | 0.60 | 0.56 | 0.63 | 0.64 | 0.55 | 0.56 | 0.54 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 67.45 | 66.48 | 64.92 | 52.79 | 58.43 | 48.74 | 55.94 | 65.20 | 57.22 | 54.10 |
NWSA Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
News Corporation returns 2.2% to shareholders annually — split between a 1.2% dividend yield and 1.0% buyback yield. The payout ratio of 15.7% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 7.7% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.2% | 1.1% | 1.1% | 1.5% | 1.9% | 1.1% | 2.3% | 2.0% | 1.7% | 1.9% | 2.2% |
| Payout Ratio | 15.7% | 15.7% | 64.7% | 116.8% | 28.1% | 49.4% | — | 103.9% | — | — | 82.1% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 7.7% | 7.0% | 1.7% | 1.3% | 6.7% | 2.2% | — | 1.9% | — | — | 2.6% |
| FCF Yield | 4.8% | 4.3% | 3.8% | 5.3% | 9.3% | 5.5% | 4.9% | 4.5% | 4.4% | 3.0% | 10.5% |
| Buyback Yield | 1.0% | 0.9% | 0.7% | 2.2% | 1.9% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.6% |
| Total Shareholder Yield | 2.2% | 2.0% | 1.8% | 3.7% | 3.8% | 1.1% | 2.3% | 2.0% | 1.7% | 1.9% | 2.8% |
| Shares Outstanding | — | $570M | $574M | $579M | $593M | $593M | $588M | $588M | $583M | $581M | $583M |
Peer Comparison
Compare NWSA with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 NWSAYou | $15B | 13.1 | 11.2 | 21.0 | 100.0% | 11.3% | 12.8% | 6.8% | 2.1 |
 NYT | $13B | 38.4 | 23.9 | 23.6 | 47.8% | 16.0% | 17.3% | 18.7% | 0.1 |
 GCI | $877M | -33.1 | 18.1 | 17.3 | 38.4% | -1.7% | -11.2% | -2.3% | 11.3 |
 THS | $1B | 47.9 | 10.9 | 11.6 | 16.4% | 3.1% | 1.7% | 2.7% | 6.3 |
 LEE | $49M | -1.3 | 13.4 | — | 55.9% | 3.5% | — | 3.3% | 12.4 |
 WBD | $68B | 93.5 | 13.7 | 22.0 | 28.2% | 3.5% | 2.0% | 1.5% | 4.7 |
 FOX | $13B | 11.5 | 4.3 | 4.4 | 33.1% | 19.8% | 19.3% | 16.5% | 2.1 |
 DIS | $193B | 15.9 | 12.1 | 19.1 | 37.8% | 14.6% | 11.3% | 6.9% | 2.3 |
 IAC | $3B | -32.4 | 14.3 | 71.5 | 66.8% | -4.1% | -1.9% | -1.2% | 5.5 |
 ZD | $2B | 37.7 | 4.4 | 5.7 | 70.0% | 14.1% | 2.7% | 7.2% | 2.1 |
 GOOGL | $4.8T | 36.8 | 32.2 | 65.7 | 59.7% | 32.1% | 35.7% | 25.1% | 0.4 |
| Communication Services Median | — | 15.4 | 9.0 | 11.8 | 48.3% | 0.7% | 2.2% | 3.0% | 3.5 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Full NWSA Stock Analysis
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Start ComparisonNWSA — Frequently Asked Questions
Quick answers to the most common questions about buying NWSA stock.
What is News Corporation's P/E ratio?
News Corporation's current P/E ratio is 13.1x. The historical average is 40.1x.
What is News Corporation's EV/EBITDA?
News Corporation's current EV/EBITDA is 11.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.9x.
What is News Corporation's ROE?
News Corporation's return on equity (ROE) is 12.8%. The historical average is -0.8%.
Is NWSA stock overvalued?
Based on historical data, News Corporation is trading at a P/E of 13.1x. Compare with industry peers and growth rates for a complete picture.
What is News Corporation's dividend yield?
News Corporation's current dividend yield is 1.20% with a payout ratio of 15.7%.
What are News Corporation's profit margins?
News Corporation has 100.0% gross margin and 11.3% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does News Corporation have?
News Corporation's Debt/EBITDA ratio is 2.1x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.