Cash flow News Corporation

Equities

NWSA

US65249B1098

Consumer Publishing

Real-time Estimate Cboe BZX Other stock markets 16:25:28 10/09/2024 BST			5-day change	1st Jan Change
26.48 ^USD	-0.47%		-1.85%	+7.82%

02:21pm	Loop Capital Adjusts News Price Target to $39 From $38	MT
03:33am	News Corp Shareholder Starboard Value Requests Recapitalization to Eliminate Dual-Listing	MT

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Published financial data: NEWS CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2020	2021	2022	2023	2024
Revenues	8.5B	8.86B	9.7B	9.22B	9.4B
Other Revenues, Total	503M	497M	686M	657M	685M
Total Revenues	9.01B	9.36B	10.38B	9.88B	10.08B
Cost of Goods Sold, Total	4.93B	4.78B	5.08B	5.08B	5B
Gross Profit	4.08B	4.58B	5.31B	4.8B	5.08B
Selling General & Admin Expenses, Total	3.06B	3.29B	3.63B	3.38B	3.56B
Depreciation & Amortization - (IS)	644M	680M	688M	714M	734M
Other Operating Expenses, Total	3.71B	3.97B	4.32B	4.09B	4.3B
Operating Income	372M	606M	993M	710M	786M
Interest Expense, Total	-25M	-53M	-99M	-96M	-82M
Interest And Investment Income	3M	9M	20M	6M	4M
Net Interest Expenses	-22M	-44M	-79M	-90M	-78M
Income (Loss) On Equity Invest.	-47M	-65M	-13M	-127M	-6M
Other Non Operating Income (Expenses)	12M	25M	-26M	12M	-2M
EBT, Excl. Unusual Items	315M	522M	875M	505M	700M
Restructuring Charges	-140M	-168M	-94M	-125M	-94M
Merger & Related Restructuring Charges	-	-	-	-	-
Impairment of Goodwill	-1.1B	-	-	-	-
Gain (Loss) On Sale Of Investments	-21M	88M	-41M	-9M	-8M
Gain (Loss) On Sale Of Assets	20M	18M	98M	-	-
Asset Writedown	-592M	-	-15M	-25M	-44M
Legal Settlements	-8M	-10M	-11M	-16M	-8M
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	-1.52B	450M	812M	330M	546M
Income Tax Expense	21M	61M	52M	143M	192M
Earnings From Continuing Operations	-1.54B	389M	760M	187M	354M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	-1.54B	389M	760M	187M	354M
Minority Interest	276M	-59M	-137M	-38M	-88M
Net Income - (IS)	-1.27B	330M	623M	149M	266M
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	-1.27B	330M	623M	149M	266M
Net Income to Common Excl. Extra Items	-1.27B	330M	623M	149M	266M
Per Share Items
Net EPS - Basic	-2.16	0.56	1.06	0.26	0.47
Basic EPS - Continuing Operations	-2.16	0.56	1.06	0.26	0.47
Basic Weighted Average Shares Outstanding	588M	590M	590M	576M	571M
Net EPS - Diluted	-2.16	0.56	1.05	0.26	0.46
Diluted EPS - Continuing Operations	-2.16	0.56	1.05	0.26	0.46
Diluted Weighted Average Shares Outstanding	588M	593M	592M	579M	574M
Normalized Basic EPS	0.8	0.45	0.7	0.48	0.61
Normalized Diluted EPS	0.8	0.45	0.69	0.48	0.61
Dividend Per Share	0.2	0.2	0.2	0.2	0.2
Payout Ratio	-9.22	35.76	18.94	77.85	42.86
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	785M	1.04B	1.42B	1.18B	1.22B
EBITA	480M	718M	1.13B	869M	940M
EBIT	372M	606M	993M	710M	786M
EBITDAR	1.04B	1.25B	1.62B	1.38B	1.41B
Total Revenues (As Reported)	9.01B	9.36B	10.38B	9.88B	10.08B
Effective Tax Rate - (Ratio)	-1.38	13.56	6.4	43.33	35.16
Current Domestic Taxes	-1M	14M	9M	16M	11M
Current Foreign Taxes	102M	133M	160M	125M	165M
Total Current Taxes	101M	147M	169M	141M	176M
Deferred Domestic Taxes	-49M	-31M	58M	-10M	25M
Deferred Foreign Taxes	-31M	-55M	-175M	12M	-9M
Total Deferred Taxes	-80M	-86M	-117M	2M	16M
Normalized Net Income	473M	267M	410M	278M	350M
Interest on Long-Term Debt	-	-	3M	2M	1M
Non-Cash Pension Expense	5M	-1M	2M	14M	28M
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	-	-	-	-	-
Net Rental Expense, Total	253M	215M	197M	193M	192M
Imputed Operating Lease Interest Expense	24.93M	29.58M	40.27M	35.45M	30.48M
Imputed Operating Lease Depreciation	228M	185M	157M	158M	162M
Stock-Based Comp., SG&A Exp. (Total)	-	-	59M	-	-
Stock-Based Comp., Other (Total)	69M	128M	-	92M	98M
Total Stock-Based Compensation	69M	128M	59M	92M	98M

Fiscal Period: June	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	1.52B	2.24B	1.82B	1.83B	1.96B
Trading Asset Securities, Total	-	-	61M	22M	15M
Total Cash And Short Term Investments	1.52B	2.24B	1.88B	1.86B	1.98B
Accounts Receivable, Total	1.2B	1.5B	1.5B	1.42B	1.5B
Other Receivables	66M	55M	63M	115M	65M
Total Receivables	1.27B	1.55B	1.56B	1.54B	1.57B
Inventory	348M	253M	311M	311M	296M
Prepaid Expenses	-	-	-	-	-
Deferred Tax Assets Current	-	-	-	-	-
Restricted Cash	-	-	-	-	-
Other Current Assets, Total	327M	414M	334M	347M	533M
Total Current Assets	3.46B	4.46B	4.09B	4.05B	4.37B
Gross Property Plant And Equipment	5.58B	6.14B	5.22B	5.51B	5.06B
Accumulated Depreciation	-2.75B	-3.36B	-2.8B	-3.02B	-2.84B
Net Property Plant And Equipment	2.84B	2.78B	2.42B	2.49B	2.22B
Long-term Investments	419M	442M	549M	427M	430M
Goodwill	3.95B	4.65B	5.17B	5.14B	5.19B
Other Intangibles, Total	2.34B	2.71B	3.24B	3.08B	2.97B
Loans Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	332M	378M	422M	393M	332M
Other Long-Term Assets, Total	917M	1.36B	1.32B	1.34B	1.17B
Total Assets	14.26B	16.77B	17.22B	16.92B	16.68B
Liabilities
Accounts Payable, Total	351M	321M	411M	440M	314M
Accrued Expenses, Total	1.19B	1.54B	1.45B	1.33B	1.45B
Current Portion of Long-Term Debt	48M	6M	266M	-	31M
Current Portion of Leases	159M	171M	166M	139M	140M
Current Income Taxes Payable	50M	30M	18M	16M	-
Unearned Revenue Current, Total	398M	473M	604M	622M	551M
Deferred Tax Liability Current	-	-	-	-	-
Other Current Liabilities	488M	688M	603M	619M	573M
Total Current Liabilities	2.68B	3.23B	3.52B	3.16B	3.06B
Long-Term Debt	1.13B	2.23B	2.74B	2.92B	2.86B
Long-Term Leases	1.24B	1.19B	987M	1.14B	1.03B
Pension & Other Post Retirement Benefits	277M	211M	155M	134M	125M
Deferred Tax Liability Non Current	258M	260M	198M	163M	119M
Other Non Current Liabilities	292M	503M	483M	446M	490M
Total Liabilities	5.87B	7.62B	8.08B	7.98B	7.67B
Preferred Stock Redeemable	-	-	-	-	-
Total Preferred Equity	-	-	-	-	-
Common Stock, Total	6M	6M	6M	6M	6M
Additional Paid In Capital	12.15B	12.06B	11.78B	11.45B	11.25B
Retained Earnings	-3.24B	-2.91B	-2.29B	-2.14B	-1.89B
Comprehensive Income and Other	-1.33B	-941M	-1.27B	-1.25B	-1.25B
Total Common Equity	7.58B	8.21B	8.22B	8.06B	8.12B
Minority Interest	807M	935M	921M	881M	891M
Total Equity	8.39B	9.15B	9.14B	8.94B	9.01B
Total Liabilities And Equity	14.26B	16.77B	17.22B	16.92B	16.68B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	589M	591M	581M	571M	569M
ECS Total Common Shares Outstanding	589M	591M	584M	572M	569M
Book Value / Share	12.88	13.9	14.07	14.1	14.27
Tangible Book Value	1.29B	847M	-190M	-155M	-38M
Tangible Book Value Per Share	2.19	1.43	-0.33	-0.27	-0.07
Total Debt	2.57B	3.59B	4.16B	4.21B	4.06B
Net Debt	1.05B	1.36B	2.27B	2.35B	2.08B
Debt Equivalent of Unfunded Proj. Benefit Obligation	85M	16M	-36M	-46M	-68M
Debt Equivalent Oper. Leases	2.02B	1.72B	1.58B	1.54B	1.54B
Minority Interest, Total (Incl. Fin. Div)	807M	935M	921M	881M	891M
Equity Method Investments, Total	120M	71M	276M	192M	216M
Account Code - Inventory Valuation	6	6	6	6	6
Film Contract & Broadcasting Rights - Long-Term, Total	121M	136M	118M	122M	133M
Land - (BS)	123M	131M	120M	121M	121M
Buildings, Total	1.47B	1.69B	1.48B	1.52B	1.53B
Machinery, Total	2.69B	2.96B	2.39B	2.44B	2.12B
Full Time Employees	23.5K	24K	25.5K	25K	23.9K
Accumulated Allowance for Doubtful Accounts (Supple)	73M	71M	67M	57M	65M

Fiscal Period: June	2020	2021	2022	2023	2024
Net Income	-1.27B	330M	623M	149M	266M
Depreciation & Amortization - CF	305M	318M	285M	313M	280M
Amortization of Goodwill and Intangible Assets - (CF)	108M	112M	140M	159M	154M
Depreciation & Amortization, Total	413M	430M	425M	472M	434M
Amortization of Deferred Charges, Total - (CF)	231M	250M	263M	242M	300M
(Gain) Loss From Sale Of Asset	-20M	-18M	-98M	-	-
(Gain) Loss on Sale of Investments - (CF)	21M	-88M	41M	9M	8M
Asset Writedown & Restructuring Costs	1.69B	-	15M	25M	44M
(Income) Loss On Equity Investments - (CF)	51M	71M	16M	128M	2M
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	-174M	59M	162M	149M	231M
Change In Accounts Receivable	-1.47B	-166M	-51M	-146M	-120M
Change In Inventories	9M	6M	-87M	-2M	54M
Change In Accounts Payable	1.3B	363M	45M	66M	-121M
Change in Other Net Operating Assets	-	-	-	-	-
Cash from Operations	780M	1.24B	1.35B	1.09B	1.1B
Capital Expenditure	-438M	-390M	-499M	-499M	-496M
Sale of Property, Plant, and Equipment	36M	24M	3M	66M	-
Cash Acquisitions	-32M	-886M	-1.5B	-17M	-38M
Divestitures	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	3M	-39M	-112M	-103M	-15M
Other Investing Activities, Total	4M	-1M	33M	-21M	25M
Cash from Investing	-427M	-1.29B	-2.08B	-574M	-524M
Long-Term Debt Issued, Total	926M	1.52B	1.69B	514M	1.27B
Total Debt Issued	926M	1.52B	1.69B	514M	1.27B
Long-Term Debt Repaid, Total	-1.23B	-557M	-838M	-589M	-1.38B
Total Debt Repaid	-1.23B	-557M	-838M	-589M	-1.38B
Repurchase of Common Stock	-	-	-179M	-243M	-117M
Common Dividends Paid	-117M	-118M	-118M	-116M	-114M
Preferred Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-117M	-118M	-118M	-116M	-114M
Other Financing Activities, Total	-55M	-141M	-151M	-67M	-103M
Cash from Financing	-472M	699M	404M	-501M	-441M
Foreign Exchange Rate Adjustments	-7M	75M	-96M	-6M	-6M
Net Change in Cash	-126M	719M	-414M	11M	127M
Supplemental Items
Cash Interest Paid	61M	55M	96M	117M	162M
Cash Income Tax Paid (Refund)	74M	162M	180M	150M	156M
Levered Free Cash Flow	486M	1.07B	847M	642M	438M
Unlevered Free Cash Flow	502M	1.1B	909M	702M	489M
Change In Net Working Capital	6M	-306M	-40M	49M	338M
Net Debt Issued / Repaid	-300M	958M	852M	-75M	-107M

Fiscal Period: June	2020	2021	2022	2023	2024
Profitability
Return on Assets	1.55	2.44	3.65	2.6	2.92
Return on Total Capital	2.04	3.2	4.77	3.36	3.75
Return On Equity %	-16.52	4.44	8.31	2.07	3.94
Return on Common Equity	-15.17	4.18	7.58	1.83	3.29
Margin Analysis
Gross Profit Margin %	45.3	48.93	51.12	48.62	50.41
SG&A Margin	34.03	35.19	34.94	34.2	35.34
EBITDA Margin %	8.71	11.07	13.65	11.96	12.1
EBITA Margin %	5.33