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OverviewPriceRevenueEarningsP/ERatiosDividendTargets

News Corporation (NWSA) Quarterly Financial Ratios

Last 48 quarters of trend data · Communication Services · Entertainment

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

News Corporation's quarterly P/E stands at 31.1x, up 71.6% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has compressed 28.7% YoY to 6.3x, reflecting multiple compression or accelerating EBITDA.

MetricTTMQ2 '26Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23
P/E Ratio →11.3931.1038.395.7237.8118.1231.7078.95125.1422.73100.30—49.91
—+71.6%+21.1%-92.8%-69.8%-20.3%-68.4%—+150.7%-40.0%+85.9%—+26.2%
P/S Ratio0.521.452.042.011.931.751.811.531.881.651.151.151.02
—-17.2%+12.4%+31.0%+2.5%+6.3%+57.5%+33.5%+84.6%+58.2%+29.6%+33.8%-22.5%
P/B Ratio1.431.591.881.801.711.741.661.751.691.551.321.251.11
—-8.6%+13.2%+2.9%+1.3%+12.4%+25.9%+40.3%+51.7%+33.3%+30.5%+24.5%-20.2%
P/FCF6.0327.46—136.547.9916.22—35.588.4010.71—10.236.64
—+69.3%—+283.8%-4.9%+51.5%—+247.7%+26.6%-67.8%—-36.7%-0.2%
EV / EBITDA3.486.2913.4013.5614.088.8213.4511.7716.5412.589.719.939.78
—-28.7%-0.4%+15.2%-14.9%-29.9%+38.5%+18.5%+69.2%+53.4%+19.6%+8.7%-8.1%
EV / EBIT5.158.3920.9021.6223.209.7420.5234.9429.5514.2229.96677.3826.97
—-13.8%+1.8%-38.1%-21.5%-31.5%-31.5%-94.8%+9.6%-23.3%+34.9%+159.0%+11.9%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

News Corporation's operating margin was 18.2% in Q2 2026, up 7.8 pp QoQ and up 1.9 pp YoY. This marks the 4th consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency. The trailing four-quarter average of 11.7% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin contracted 49.4% YoY, suggesting cost inflation or competitive pricing pressure.

Margins

MetricTTMQ2 '26Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23
Gross Margin100.0%50.6%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%
—-49.4%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Operating Margin11.3%18.2%10.4%9.6%8.8%16.3%10.2%7.3%7.3%13.6%7.7%6.7%5.6%
—+11.7%+2.4%+31.3%+20.5%+20.1%+31.6%+8.9%+29.9%+45.7%+11.9%+35.7%-25.0%
Net Margin14.0%4.7%5.2%35.2%5.1%9.6%5.7%1.9%1.5%7.3%1.2%-0.3%2.0%
—-51.4%-8.0%+1715.8%+240.8%+31.5%+372.9%+690.1%-26.4%+174.9%-25.6%-108.0%-37.9%

Return on Capital

MetricTTMQ2 '26Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23
ROE12.8%1.3%1.2%8.0%1.1%2.4%1.3%0.6%0.3%1.7%0.3%-0.1%0.6%
—-45.5%-8.5%+1341.6%+241.5%+35.1%+285.9%+725.7%-39.9%+132.1%-24.2%-107.5%-36.6%
ROA7.3%0.8%0.7%4.6%0.6%1.3%0.7%0.3%0.2%0.9%0.2%-0.0%0.3%
—-39.6%+2.6%+1438.7%+248.4%+38.1%+294.0%+739.1%-38.7%+133.7%-24.5%-107.4%-39.0%
ROIC6.8%3.5%1.7%1.5%1.3%2.5%1.4%1.3%1.0%1.9%1.3%1.1%0.9%
—+37.8%+18.2%+19.9%+36.7%+33.7%+11.1%+19.0%+9.7%+24.8%+13.3%+24.4%-30.5%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

News Corporation's Debt/EBITDA ratio is 4.5x, down from 8.6x last quarter — elevated, raising questions about debt serviceability.

MetricTTMQ2 '26Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23
Debt / Equity0.310.300.310.310.320.320.440.450.460.470.480.470.47
—-7.1%-28.9%-30.4%-29.4%-30.5%-7.1%-4.4%-2.2%-0.2%+3.4%+3.5%+10.3%
Debt / EBITDA2.084.528.619.1310.086.1212.4610.6715.6912.8611.4212.3413.10
—-26.1%-30.9%-14.4%-35.8%-52.4%+9.1%-13.5%+19.8%+24.4%-0.5%-6.5%+17.7%
Current Ratio1.841.811.761.841.681.731.381.431.361.441.311.281.26
—+4.8%+27.9%+28.9%+23.5%+20.3%+5.5%+11.8%+7.8%+12.3%+4.9%+10.1%+6.6%
Quick Ratio1.721.691.631.721.601.651.261.331.251.331.181.181.15
—+2.5%+29.4%+28.9%+28.1%+24.0%+6.8%+12.8%+8.8%+13.9%+5.4%+10.0%+5.0%
Interest Coverage95.6012.4237.17—176.00121.6711.8310.4416.1141.438.397.415.48
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 48 years · Updated daily

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Frequently Asked Questions

What is News Corporation's quarterly P/E ratio trend?

News Corporation's current P/E is 11.4x. The average P/E over the last 4 quarters is 28.3x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do News Corporation's margins change by quarter?

News Corporation's current operating margin is 11.3%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at NWSA quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking News Corporation's business trajectory between earnings reports.

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