15 years of historical data (2011–2025) · Communication Services · Entertainment
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
News Corporation trades at 11.9x earnings, 72% 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 15.0x, the stock trades at a discount of 20%. On a free-cash-flow basis, the stock trades at 19.0x P/FCF, roughly in line with 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 | $13.8B | $16.9B | $15.8B | $11.3B | $9.2B | $15.3B | $7.0B | $7.9B | $9.0B | $8.0B | $6.6B |
| Enterprise Value | $14.4B | $17.5B | $17.9B | $13.7B | $11.6B | $16.7B | $8.0B | $7.7B | $8.9B | $6.3B | $5.1B |
| P/E Ratio → | 11.89 | 14.36 | 59.93 | 75.00 | 14.84 | 46.02 | — | 51.88 | — | — | 37.83 |
| P/S Ratio | 1.63 | 2.00 | 1.92 | 1.41 | 0.89 | 1.63 | 0.77 | 0.79 | 1.00 | 0.98 | 0.80 |
| P/B Ratio | 1.49 | 1.80 | 1.75 | 1.26 | 1.01 | 1.67 | 0.83 | 0.77 | 0.86 | 0.72 | 0.56 |
| P/FCF | 19.00 | 23.30 | 26.26 | 19.03 | 10.80 | 18.05 | 20.39 | 22.28 | 22.98 | 33.47 | 9.50 |
| P/OCF | 12.18 | 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
Enterprise-value multiples — capital-structure-neutral measures of total business value
News Corporation's enterprise value stands at 10.1x EBITDA, 15% below its 5-year average of 11.9x. The Communication Services sector median is 9.7x, placing the stock at a 5% 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 | 10.14 | 12.35 | 14.43 | 12.54 | 6.93 | 13.08 | 7.89 | 6.22 | 8.36 | 7.17 | 6.11 |
| EV / EBIT | 15.01 | 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 |
Margins and return-on-capital ratios measuring operating efficiency
News Corporation earns an operating margin of 11.3%, above the Communication Services sector average of 1.5%. 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.
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% |
| 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% |
Solvency and debt-coverage ratios — lower is generally safer
News Corporation carries a Debt/EBITDA ratio of 2.1x, which is manageable (43% below the sector average of 3.7x). 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 | — | — |
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 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
News Corporation returns 2.4% to shareholders annually — split between a 1.3% dividend yield and 1.1% buyback yield. The payout ratio of 15.7% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 8.4% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
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 | 1.3% | 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% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 8.4% | 7.0% | 1.7% | 1.3% | 6.7% | 2.2% | — | 1.9% | — | — | 2.6% |
| FCF Yield | 5.3% | 4.3% | 3.8% | 5.3% | 9.3% | 5.5% | 4.9% | 4.5% | 4.4% | 3.0% | 10.5% |
| Buyback Yield | 1.1% | 0.9% | 0.7% | 2.2% | 1.9% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.6% |
| Total Shareholder Yield | 2.4% | 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 |
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 |
|---|---|---|---|---|---|---|---|---|---|
| $14B | 11.9 | 10.1 | 19.0 | 100.0% | 11.3% | 12.8% | 6.8% | 2.1 | |
| $12B | 34.5 | 21.0 | 21.2 | 50.8% | 16.0% | 17.3% | 18.7% | 0.1 | |
| $877M | -33.1 | 18.1 | 17.3 | 38.4% | -1.7% | -11.2% | -2.3% | 11.3 | |
| $1B | 47.9 | 10.9 | 11.6 | 16.4% | 3.1% | 1.7% | 2.7% | 6.3 | |
| $55M | -1.5 | 13.6 | — | 55.9% | 3.5% | — | 3.3% | 12.4 | |
| $68B | 92.9 | 13.7 | 21.9 | 28.2% | 3.5% | 2.0% | 1.5% | 4.7 | |
| $20B | 9.2 | 6.0 | 6.6 | 33.1% | 19.8% | 19.3% | 16.5% | 2.1 | |
| $178B | 15.0 | 11.3 | 17.7 | 37.8% | 14.6% | 11.3% | 6.9% | 2.3 | |
| $3B | -31.3 | 13.9 | 69.1 | 66.8% | -4.1% | -1.9% | -1.2% | 5.5 | |
| $2B | 39.4 | 4.5 | 5.8 | 70.0% | 14.1% | 2.7% | 7.2% | 2.1 | |
| $4.2T | 32.3 | 28.3 | 57.7 | 59.7% | 32.1% | 35.7% | 25.1% | 0.4 | |
| Communication Services Median | — | 15.0 | 9.7 | 11.1 | 48.8% | 1.5% | 1.5% | 2.6% | 3.7 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Includes 30+ ratios · 15 years · Updated daily
Deep dive into NWSA consensus models and risk factors.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying NWSA stock.
News Corporation's current P/E ratio is 11.9x. The historical average is 40.1x.
News Corporation's current EV/EBITDA is 10.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.9x.
News Corporation's return on equity (ROE) is 12.8%. The historical average is -0.8%.
Based on historical data, News Corporation is trading at a P/E of 11.9x. Compare with industry peers and growth rates for a complete picture.
News Corporation's current dividend yield is 1.32% with a payout ratio of 15.7%.
News Corporation has 100.0% gross margin and 11.3% operating margin. Operating margin between 10-20% is typical for established companies.
News Corporation's Debt/EBITDA ratio is 2.1x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.