News Corporation (NWS) Key Metrics
NWS valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $17.71B
- Enterprise value
- $16.44B
- P/E (TTM)
- 31.9 10-yr median 42.1
- Forward P/E
- 24.4
- PEG ratio
- 2.80
- Price / sales
- 2.0 10-yr median 1.2
- Price / book
- 2.0 10-yr median 1.3
- EV / EBITDA
- 10.1 10-yr median 10.5
- Dividend yield
- 0.20% $0.20 a year
- Beta
- 0.98
NWS key metrics, FY2017–FY2026
Fiscal year ended June 30, 2026 · U.S. dollarsNWS valuation Price multiples at each fiscal year-end price.
NWS returns How much profit the business earns on the capital it uses.
NWS per-share figures Results divided by the shares outstanding at year-end.
NWS financial health Debt, liquidity and how easily interest is covered.
NWS efficiency & capital use Working capital cycle and where the cash goes.
NWS valuation history
NWS returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
NWS debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
NWS cash returned to shareholders
NWS price vs earnings per share
NWS key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $15.67B | $19.55B | $16.28B | $11.41B | $9.41B | $14.45B | $7.03B | $8.21B | $9.24B | $8.22B |
| Enterprise value | $16.49B | $20.09B | $17.51B | $13.79B | $11.75B | $15.81B | $8.04B | $8.02B | $9.16B | $6.58B |
| P/E ratio | 27.3 | 42.1 | 61.2 | 76.6 | 15.1 | 43.8 | — | 36.0 | — | — |
| Price / sales | 1.7 | 2.3 | 2.0 | 1.4 | 0.9 | 1.5 | 0.8 | 0.8 | 1.0 | 1.0 |
| Price / book | 1.8 | 2.2 | 2.0 | 1.4 | 1.1 | 1.8 | 0.9 | 0.9 | 1.0 | 0.7 |
| Price / free cash flow | 19.3 | 26.9 | 22.0 | 19.2 | 11.0 | 17.1 | 20.5 | 23.1 | 23.5 | 34.5 |
| Price / operating cash flow | 12.7 | 17.2 | 14.8 | 10.5 | 7.0 | 11.7 | 9.0 | 8.8 | 12.2 | 16.6 |
| EV / sales | 1.8 | 2.4 | 2.1 | 1.7 | 1.1 | 1.7 | 0.9 | 0.8 | 1.0 | 0.8 |
| EV / EBITDA | 10.8 | 17.7 | 18.1 | 15.7 | 8.3 | 15.3 | 10.2 | 7.5 | 8.6 | 7.5 |
| EV / free cash flow | 20.3 | 27.6 | 23.6 | 23.3 | 13.7 | 18.7 | 23.5 | 22.5 | 23.3 | 27.7 |
| Earnings yield | 3.7% | 2.4% | 1.6% | 1.3% | 6.6% | 2.3% | −18.1% | 2.8% | −16.4% | −9.0% |
| Free cash flow yield | 5.2% | 3.7% | 4.6% | 5.2% | 9.1% | 5.9% | 4.9% | 4.3% | 4.3% | 2.9% |
| Dividend yield | 1.3% | 0.9% | 1.1% | 1.5% | 1.9% | 1.1% | 2.2% | 2.0% | 1.7% | 1.8% |
| Shareholder yield (dividends + buybacks) | 6.3% | 1.7% | 1.8% | 3.7% | 3.8% | 1.1% | 2.2% | 2.0% | 1.7% | 1.8% |
| Share price at fiscal year-end | $28.06 | $34.31 | $28.39 | $19.72 | $15.89 | $24.35 | $11.95 | $13.96 | $15.85 | $14.15 |
| Per share | ||||||||||
| Revenue per share | $16.17 | $14.83 | $14.39 | $13.84 | $17.53 | $15.77 | $15.32 | $17.14 | $15.48 | $14.01 |
| Earnings per share | $1.03 | $0.81 | $0.46 | $0.26 | $1.05 | $0.56 | −$2.16 | $0.39 | −$2.60 | −$1.27 |
| Operating cash flow per share | $2.22 | $1.99 | $1.91 | $1.89 | $2.29 | $2.08 | $1.33 | $1.58 | $1.30 | $0.85 |
| Free cash flow per share | $1.45 | $1.28 | $1.29 | $1.02 | $1.44 | $1.43 | $0.58 | $0.61 | $0.67 | $0.41 |
| Cash per share | $3.75 | $4.22 | $3.26 | $3.17 | $3.08 | $3.77 | $2.58 | $2.79 | $3.49 | $3.47 |
| Book value per share | $15.27 | $15.40 | $14.16 | $13.93 | $13.88 | $13.84 | $12.90 | $15.55 | $15.97 | $19.09 |
| Tangible book value per share | $3.84 | $4.34 | $3.20 | $0.75 | $0.64 | $2.32 | $3.01 | $2.67 | $2.44 | $8.56 |
| Dividends per share | $0.37 | $0.32 | $0.30 | $0.30 | $0.30 | $0.27 | $0.27 | $0.27 | $0.27 | $0.26 |
| Capex per share | $0.76 | $0.71 | $0.62 | $0.86 | $0.84 | $0.66 | $0.75 | $0.97 | $0.62 | $0.44 |
| Debt per share | $5.22 | $5.16 | $5.41 | $7.27 | $7.01 | $6.07 | $4.31 | $2.47 | $3.35 | $0.65 |
| Shares outstanding | 558.4M | 569.9M | 573.5M | 578.8M | 592.5M | 593.4M | 587.9M | 587.9M | 583.0M | 581.0M |
| Change in shares outstanding | −2.0% | −0.6% | −0.9% | −2.3% | −0.2% | +0.9% | 0.0% | +0.8% | +0.3% | −0.3% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 6.6% | 5.5% | 3.3% | 1.8% | 7.6% | 4.2% | −15.2% | 2.5% | −14.8% | −6.4% |
| Return on invested capital (ROIC) | 7.8% | 10.6% | 8.0% | 6.2% | 15.6% | 12.2% | 9.1% | 5.5% | 5.1% | 3.3% |
| Return on assets (ROA) | 3.7% | 2.9% | 1.6% | 0.9% | 3.7% | 2.1% | −8.5% | 1.4% | −9.8% | −4.9% |
| Return on tangible assets | 6.3% | 5.0% | 2.6% | 1.6% | 6.6% | 3.3% | −15.0% | 2.8% | −17.9% | −8.8% |
| Free cash flow margin | 9.0% | 8.6% | 9.0% | 7.4% | 8.2% | 9.1% | 3.8% | 3.5% | 4.4% | 2.9% |
| Income quality (OCF / net income) | 2.16 | 2.44 | 4.13 | 7.33 | 2.17 | 3.75 | — | 4.07 | — | — |
| Financial health | ||||||||||
| Total debt | $2.92B | $2.94B | $3.10B | $4.21B | $4.16B | $3.60B | $2.54B | $1.45B | $1.95B | $379.0M |
| Cash & short-term investments | $2.10B | $2.40B | $1.87B | $1.83B | $1.82B | $2.24B | $1.52B | $1.64B | $2.03B | $2.02B |
| Net debt | $820.0M | $537.0M | $1.23B | $2.37B | $2.33B | $1.36B | $1.02B | −$190.0M | −$82.0M | −$1.64B |
| Debt / equity | 0.34 | 0.34 | 0.38 | 0.52 | 0.51 | 0.44 | 0.33 | 0.16 | 0.21 | 0.03 |
| Debt / assets | 0.19 | 0.19 | 0.19 | 0.25 | 0.24 | 0.21 | 0.18 | 0.09 | 0.12 | 0.03 |
| Net debt / EBITDA | 0.54 | 0.47 | 1.27 | 2.70 | 1.65 | 1.32 | 1.30 | −0.18 | −0.08 | −1.86 |
| Current ratio | 1.62 | 1.84 | 1.43 | 1.28 | 1.16 | 1.38 | 1.29 | 1.21 | 1.33 | 1.56 |
| Quick ratio | 1.51 | 1.72 | 1.34 | 1.18 | 1.07 | 1.30 | 1.16 | 1.11 | 1.22 | 1.47 |
| Interest coverage | — | 141.5 | 14.4 | 13.0 | 16.0 | 34.8 | 40.6 | 13.1 | 85.7 | 11.2 |
| Working capital | $1.72B | $2.20B | $1.32B | $888.0M | $574.0M | $1.22B | $779.0M | $710.0M | $1.10B | $1.36B |
| Invested capital | $9.35B | $9.31B | $9.35B | $10.44B | $10.55B | $9.57B | $8.60B | $8.95B | $9.23B | $9.46B |
| Tangible asset value | $2.86B | $3.09B | $2.73B | $1.32B | $1.30B | $2.31B | $2.57B | $2.74B | $2.61B | $4.97B |
| Net current asset value | −$1.83B | −$1.30B | −$3.30B | −$3.92B | −$3.98B | −$3.17B | −$2.41B | −$1.35B | −$1.46B | $356.0M |
| Graham number | $18.78 | $16.79 | $12.16 | $8.98 | $18.12 | $13.16 | — | $11.65 | — | — |
| Graham net-net per share | −$4.91 | −$4.17 | −$8.03 | −$8.50 | −$8.39 | −$6.98 | −$5.58 | −$4.12 | −$4.15 | −$0.66 |
| Capital allocation | ||||||||||
| Dividends paid | $204.0M | $185.0M | $172.0M | $174.0M | $175.0M | $163.0M | $158.0M | $161.0M | $158.0M | $152.0M |
| Share buybacks (net) | $782.0M | $150.0M | $117.0M | $243.0M | $179.0M | $0 | $0 | $0 | $0 | $0 |
| Dividend payout ratio | 35.6% | 39.9% | 64.7% | 116.8% | 28.1% | 49.4% | — | 70.6% | — | — |
| Dividends + buybacks / free cash flow | 121.6% | 46.1% | 39.0% | 70.3% | 41.4% | 19.2% | 46.2% | 45.2% | 40.2% | 63.9% |
| Capex / revenue | 4.7% | 4.8% | 4.3% | 6.2% | 4.8% | 4.2% | 4.9% | 5.7% | 4.0% | 3.1% |
| Capex / operating cash flow | 34.4% | 35.9% | 32.5% | 45.7% | 36.9% | 31.5% | 56.2% | 61.6% | 48.1% | 51.8% |
| Capex / depreciation | 0.88 | 0.89 | 0.81 | 0.70 | 0.73 | 0.57 | 0.68 | 0.87 | 0.77 | 0.57 |
| Stock-based compensation / revenue | — | — | 1.2% | 2.0% | 0.6% | 0.9% | 19.4% | 0.7% | 0.8% | 0.5% |
| SG&A / revenue | 38.9% | 39.1% | 22.9% | 20.6% | 34.6% | 34.8% | 33.2% | 31.8% | 64.8% | 68.6% |
| Efficiency | ||||||||||
| Days sales outstanding | 67.1 | 64.4 | 62.9 | 66.7 | 52.7 | 52.7 | 55.7 | 57.2 | 58.4 | 56.2 |
| Days of inventory on hand | 29.5 | 29.2 | 27.8 | 29.2 | 20.3 | 23.0 | 25.8 | 21.0 | 19.8 | 15.6 |
| Days payables outstanding | 35.0 | 29.0 | 33.5 | 40.0 | 26.3 | 25.7 | 28.2 | 29.5 | 28.1 | 16.1 |
| Cash conversion cycle (days) | 61.6 | 64.6 | 57.3 | 55.9 | 46.7 | 50.0 | 53.2 | 48.7 | 50.2 | 55.7 |
| Receivables turnover | 5.44 | 5.67 | 5.80 | 5.47 | 6.92 | 6.93 | 6.56 | 6.38 | 6.25 | 6.50 |
| Payables turnover | 10.42 | 12.57 | 10.90 | 9.13 | 13.87 | 14.22 | 12.93 | 12.37 | 13.00 | 22.68 |
| Inventory turnover | 12.38 | 12.49 | 13.11 | 12.50 | 18.00 | 15.90 | 14.16 | 17.36 | 18.40 | 23.37 |
| Asset turnover | 0.58 | 0.53 | 0.49 | 0.47 | 0.61 | 0.60 | 0.60 | 0.63 | 0.58 | 0.54 |
| Average receivables | $1.66B | $1.49B | $1.42B | $1.46B | $1.50B | $1.35B | $1.37B | $1.58B | $1.44B | $1.25B |
| Average payables | $373.5M | $294.5M | $347.0M | $425.5M | $366.0M | $336.0M | $381.0M | $508.0M | $413.5M | $219.5M |
| Average inventory | $314.5M | $296.5M | $288.5M | $311.0M | $282.0M | $300.5M | $348.0M | $362.0M | $292.0M | $213.0M |
| Intangibles / total assets | 41.0% | 40.7% | 37.7% | 45.1% | 45.5% | 40.7% | 40.8% | 48.2% | 48.3% | 42.0% |
Computed from NWS's annual financial statements (latest annual report filed August 7, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
NWS valuation and financial ratios
At the end of fiscal 2026 (June 30, 2026), News Corp traded at 27.3 times earnings, against a 10-year median of 42.1. Based on the latest twelve months, the trailing P/E is 31.9 and the forward P/E is 24.4. News Corp earned a return on equity of 6.6% and a return on invested capital of 7.8% in fiscal 2026. It ended the year with $2.9 billion of debt and $2.1 billion in cash and short-term investments, net debt of $820.0 million. It returned $986.0 million to shareholders: $204.0 million in dividends and $782.0 million in share buybacks, 122% of free cash flow. The share count fell 3.9% from 581.0M to 558.4M over 9 years.
See the NWS income statement, the NWS chart for price history, or the NWS stock overview for the latest quote and news.
NWS key metrics FAQ
What is News Corp's P/E ratio?
News Corp's trailing P/E ratio is 31.9 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 24.4. At the end of fiscal 2026 it was 27.3, compared with a 10-year median of 42.1.
What is News Corp's EV/EBITDA?
News Corp's enterprise value was 10.8 times EBITDA at the end of fiscal 2026 (enterprise value $16.5 billion, EBITDA $1.5 billion); the current EV/EBITDA is 10.1.
What is News Corp's return on equity?
News Corp's return on equity (ROE) was 6.6% in fiscal 2026: net income of $573.0 million on average shareholders' equity of $8.7 billion.
What is News Corp's ROIC?
News Corp's return on invested capital was 7.8% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does News Corp have?
News Corp had total debt of $2.9 billion at the end of fiscal 2026, a debt-to-equity ratio of 0.34 and $820.0 million of net debt (0.54 times EBITDA).
What is News Corp's dividend yield?
News Corp's forward dividend yield is 0.20%. News Corp paid $204.0 million in dividends in fiscal 2026 ($0.37 per share), a payout ratio of 35.6%.
Does News Corp buy back its shares?
Yes. News Corp spent $782.0 million on net share repurchases in fiscal 2026 Shares outstanding changed −2.0% over the year, to 558.4M..
What is News Corp's free cash flow yield?
News Corp generated $811.0 million of free cash flow in fiscal 2026, a free cash flow yield of 5.2% on its market value at year-end ($15.7 billion).
What is News Corp's current ratio?
News Corp's current ratio was 1.62 at the end of fiscal 2026: current assets were 1.62 times current liabilities.